N@N

(NVAE) Nova Energy and China Crescent (CCTR) Systems Integration Partnership Featured in Founder Webcast

^{Published on 2010-05-10 06:40:32 - Market Wire}
 

DALLAS, TX--(Marketwire - May 10, 2010) - Nova Energy, Inc. (PINKSHEETS: [ NVAE ]) (OTCQB: NVAE) has been featured in an on-demand Webcast released by China Crescent Enterprises, Inc. (OTCBB: [ CCTR ]). The Companies recently announced a systems integration partnership in East Africa. China Crescent is a Huawei and Lenovo reseller and has plans to expand its regional reseller reach to East Africa through its partnership with Nova Energy, who already has a presence in the region. Nova is an early stage business with a dual strategy to achieve high growth through the oil and gas reserve rework market and recent expansion into a diverse range of early stage business opportunities in East Africa. China Crescent is a systems integration service provider of brand name technologies and reported $45 million in profitable annual revenue in 2009. The Webcast is available for on-demand viewing at [ http://www.chinacrescent.com/wcrv_20100507.htm ].

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 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.