(NVAE) Savanna East Africa Announces Letter of Intent to Acquire Systems Integration Operation

DALLAS, TX--(Marketwire - July 28, 2010) -  Savanna East Africa, Inc. (PINKSHEETS: NVAE)(OTCQB: NVAE) has announced a letter of intent to acquire a systems integration operation headquartered in Nairobi, Kenya. CEO Philip Verges conducted a Webcast on Friday, July 23^rd, presenting more information on the letter of intent and the Company's other recent developments, to include initiatives in mobile wallet technology, wireless metering, health product manufacturing and affordable housing.

Savanna management hosted a NewMarket Technology, Inc. (PINKSHEETS: NWMT)(OTCQB: NWMT) Greenfield summit in Nairobi last week. The Webcast includes a comprehensive review of key events accomplished during the summit.

Savanna recently completed a corporate reorganization and restructuring to support a strategic business plan update and renewal. The Company plans to release a Webcast tomorrow, July 29^th, on its corporate website presenting the Company's $10 million annual revenue forecast.

The Webcast release Friday, July 23^rd, is available for on-demand review on the Company's new corporate website www.savannaea.com under News & Webcasts, titled 'NewMarket Greenfield Partners Summit Webcast (July 23, 2010)' or directly at
http://www.savannaea.com/webcasts/wbgf_72310.html. 

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 newly launched 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.

"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 Information:

Contact:
Savanna East Africa, Inc.
info@savannaea.com
214-722-3044