DALLAS, TX--(Marketwire - May 24, 2011) - Savanna East Africa, Inc. (PINKSHEETS: NVAE) (OTCQB: NVAE) today announced a senior management and key stakeholders meeting scheduled in Nairobi the week of June 13th intended to finalize a number of strategic next steps. The Company is concentrating on developing high growth potential capacities within the housing, healthcare and high tech sectors in East Africa. Recently, an on-demand Webcast presentation hosted by CEO Randell Torno was posted on the Company's website www.savannaea.com. The Webcast presentation reviews Savanna East Africa's progress toward adding housing, healthcare and high tech capacity in East Africa and discusses the return on investment potential of the Company's small and medium enterprise (SME) sector strategy. The Company is focused on pursuing those three business lines in East Africa, initially in Kenya.
About Savanna East Africa, Inc. (www.savannaea.com)
Savanna East Africa, Inc. (PINKSHEETS: NVAE) (OTCQB: NVAE) launched an updated corporate strategy last year to pursue several business lines in the growing economy of East Africa, initially in Kenya. Savanna has already begun several initiatives in the region to include initiatives in the Technology, Utility, Housing and Health products industries. The Company is also continuing to grow its existing oil and gas reclamation business with new management and business strategies. Savanna East Africa is a fully-reporting company with audited financial statements quoted on the new 'OTCQB.'
SAFE HARBOR STATEMENT UNDER THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995
This press release contains forward-looking statements that involve risks and uncertainties. The statements in this release are forward-looking statements that are made pursuant to safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Actual results, events and performance could vary materially from those contemplated by these forward-looking statements. These statements involve known and unknown risks and uncertainties, which may cause the Company's actual results in future periods to differ materially from results expressed or implied by forward-looking statements. These risks and uncertainties include, among other things, product demand and market competition. You should independently investigate and fully understand all risks before making investment decisions.
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