|
(NVAE) Savanna East Africa and (NUBL) NuMobile Announce East Africa Wireless Capability Demonstration
DALLAS, TX, Sep 02, 2010 (MARKETWIRE via COMTEX) --
Savanna East Africa, Inc. (PINKSHEETS: NVAE) (OTCQB: NVAE) and
NuMobile, Inc. (OTCBB: NUBL) plan to release a Webcast later today
providing a progress update on a joint wireless metering project in
Kenya. The Companies plan to preview the capabilities of the project
in a demonstration scheduled for October locally in Nairobi, Kenya.
Today's Webcast is also scheduled to provide a review and update of
potential merger and acquisition (M&A) candidates the Company is
currently reviewing. A link to the Webcast will be made available
later today on Savanna's corporate website, www.savannaea.com, upon
release.
$10 Million 2011 Revenue Goal
Savanna East Africa recently posted an
on-demand corporate Webcast presentation on its 2011 fiscal year
annual revenue forecast of $10 million to its website
www.savannaea.com. The Company has also recently published a letter
to shareholders from the Chief Executive Officer (CEO) Philip Verges
detailing the Company's innovative strategic expansion into
developing a variety of high growth business opportunities in East
Africa. The letter is also available on the Company website in its
entirety at www.savannaea.com or directly
athttp://www.savannaea.com/news/news72210_1.html.
The Webcast and letter are part of a corporate communication
initiative following the Company's recent restructuring and
reorganization. Savanna plans to release regular updates on the
anticipated rapid expansion opportunities that have been under
development and are now ready to proceed following the completion of
the recent restructuring and reorganization.
Savanna began its expansion into East Africa through the NewMarket
Technology Greenfield Partnership Program introduced last year to
accelerate and enhance the introduction of new technology innovations
into new markets, including those markets with diversified, high
growth opportunities like East Africa. Earlier this year, the Company
announced an updated business plan to expand into developing a
diverse range of high growth early stage business opportunities in
East Africa to include technology systems integration, utility
support services, healthcare products manufacturing and affordable
housing. Savanna East Africa is a fully-reporting company with
audited financial statements quoted on the new 'OTCQB.' The Company
was formerly known as Nova Energy, Inc.
Savanna East Africa Information and Email Newsletter
To learn more
about Savanna East Africa and to sign up for company email alerts,
please visit the corporate website at www.savannaea.com.
About Savanna East Africa, Inc. (www.savannaea.com)
Savanna East
Africa, Inc. (NVAE), previously named Nova Energy, Inc., launched an
updated corporate strategy early this year to pursue several business
lines in the growing economy of East Africa, initially in Kenya. Nova
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.
Contact:
Savanna East Africa, Inc.
info@savannaea.com
214-722-3044
SOURCE: Savanna East Africa, Inc.
mailto:info@savannaea.com
[ Back To Fixed Mobile Convergence Homepage's Homepage ]
|
Home
Featured Content
Collaboration Software
Enterprise Mobility
Free eNewsletter 
RSS Feeds
Contact Us 
Subscribe Now 
Thrupoint is committed to providing unsurpassed technology and consulting services to leaders in the networked economy. We deliver value to our partners by giving them access to our award winning Ubiquity communications platform and NGIC Applications. Our ecosystem is at the ready to help propel the sales of our partners with best-in-class technology solutions, combining strategic resources to deliver high-value competitive advantage to our clients.
Thrupoint is committed to providing unsurpassed technology and consulting services to leaders in the networked economy. We deliver value to our partners by giving them access to our award winning Ubiquity communications platform and NGIC Applications. Our ecosystem is at the ready to help propel the sales of our partners with best-in-class technology solutions, combining strategic resources to deliver high-value competitive advantage to our clients.
