Nova Energy (NVAE) Anticipated 2nd Quarter Acquisitions to Be Previewed in Management Webcast
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DALLAS, TX, Apr 22 (MARKET WIRE) --
Nova Energy, Inc. (PINKSHEETS: NVAE) (OTCQB: NVAE) today announced a
management Webcast presentation scheduled for Wednesday, April 28th to
preview acquisitions anticipated within the second quarter. Nova recently
introduced an expanded business plan to enter into diversified operations
with high growth potential in East Africa. Nova has a robust pipeline of
acquisitions to support both its expanded business plan in East Africa as
well as its oil reclamation strategy. The Webcast will present more
details on the technology, manufacturing and equipment acquisitions
anticipated to close within the second quarter of 2010.
Nova is a NewMarket Technology, Inc. (PINKSHEETS: NWMT) Greenfield
Partner. Greenfield Partners currently working with Nova in East Africa
include China Crescent Enterprises, Inc. (OTCBB: CCTR) and NuMobile, Inc.
(OTCBB: NUBL). The Greenfield Program was 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.
A link to the Webcast scheduled for Wednesday will be published upon
release at www.novaei.com.
Nova Energy Email Updates
Nova is expanding its website and plans to issue regular updates on
Company progress via email to its opt-in, permission-based email
database. To join the email database, please send an email to
ir@novaei.com.
About NewMarket Technology, Inc. (www.newmarkettechnology.com)
NewMarket provides systems integration, technology infrastructure
services and emerging technology worldwide. NewMarket has a focus on
providing technology and support services to rapidly growing economies
where technology purchasing is on the rise. In addition to its base of
operations in North America, NewMarket has operations today in the
growing economies of China, Southeast Asia, Brazil and Northern Latin
America. Last year the Company reported over $40 million in revenue from
Asia and over $20 million in revenue from Latin America. Overall,
NewMarket reported over $95 million in revenue for 2008.
Across the globe, NewMarket is a Microsoft and Oracle partner,
distributes various computer hardware and peripherals from brand partners
such as Dell, HP, IBM, Cisco, Sony, Epson, Canon and Sanyo and is also an
authorized reseller of operating systems and various software from
companies such as Red Hat, Sybase, IBM, BEA, Veritas and others.
Additionally, the Company works with emerging technologies such as mobile
computing, various security and wireless broadband technologies.
NewMarket's rapid growth since 2002 has placed the Company on the
Deloitte Technology Fast 500 for 5 consecutive years. NewMarket was
recognized as the third fastest growing technology company in the United
States in 2006 and the number one fastest growing technology company in
North Texas for two years in a row.
About NuMobile, Inc. (www.numobileinc.com)
NuMobile is building a portfolio of security and software solutions for
the global mobile computing and smartphone market. Through a roll-up
strategy, NuMobile plans to acquire and develop mobile computing
solutions for a variety of applications, including mobile banking, for
the global marketplace. The demand for mobile security and software
applications is being driven in large part by the growing number of
mobile phone sales into emerging economies that currently do not have
substantial access to the Internet via desktop computing. Already in
North America, the Company has also forged a partnership in the Chinese
market and is developing a plan for the emerging economies of Latin
America and East Africa. NuMobile is a SEC fully-reporting public company
listed on the Over-the-Counter Bulletin Board.
About China Crescent Enterprises, Inc. (www.chinacrescent.com)
China Crescent is a systems integration service provider that markets
technology outsourcing services in China including the sale and service
of brand name technologies such as Microsoft, Oracle, Cisco, IBM, HP and
Dell. Following a strategic acquisition last year, the Company expanded
its business line to include original design manufacturing (ODM). China
Crescent reported $45 million in profitable revenue in 2009 after
reporting over $40 million in revenue for both 2007 and 2008 and has set
a goal of reaching $100 million in revenue in 2010.
Headquartered in Dallas with operations in Shanghai, Shenzhen, Dalian and
Beijing, China Crescent bridges the gap between global business cultures
to assist clients worldwide realize the advantages of the high quality,
low cost technology products and services available from China. China
Crescent also assists clients in localizing products and services to
realize the tremendous growth potential available by expanding into the
Chinese Market.
About Nova Energy, Inc. (www.novaei.com)
Nova Energy, Inc. has launched an updated corporate strategy 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.
"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:
Nova Energy, Inc.
ir@novaei.com
214-722-3029
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