(NVAE) Savanna East Africa Announces Anticipated Rapid Expansion to $10 Million in Annual Revenue

DALLAS, TX--(Marketwire - August 3, 2010) -  Savanna East Africa, Inc. (PINKSHEETS: NVAE) (OTCQB: NVAE) has 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 at http://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.

The Company's affordable housing project team is in Kenya this week and next. The Company is also taking key steps in staging the equipment for the previously discussed wireless utilities metering solution. Updates on the affordable housing and wireless utility metering projects underway this week in Kenya will be available in a Webcast presentation next week.

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