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(NVAE) Nova Energy Greenfield Expansion Plan Featured in NewMarket Chairman Webcast

^{Published on 2010-05-10 06:50:19 - Market Wire}
 

DALLAS, TX--(Marketwire - May 10, 2010) - Nova Energy, Inc. (PINKSHEETS: [ NVAE ]) (OTCQB: NVAE) has been featured in an on-demand Webcast presentation released by NewMarket Technology, Inc. (PINKSHEETS: [ NWMT ]) (OTCQB: NWMT) and hosted by NewMarket Chairman and Founder Philip Verges. The Webcast includes a review of NewMarket's Greenfield Partnership Program and its participants, to include Nova. Nova recently introduced an expanded business plan to enter into diversified operations with high growth potential in East Africa, to include technology systems integration, mobile money remittance, housing and health products initiatives. 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, and has been an integral part of Nova's early stage development strategy. The Webcast is available at [ http://www.newmarkettechnology.com/wcrw_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 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.