N@N

(NVAE) Nova Energy Featured in Small Equity Initiative (SEI) Webcast

^{Published on 2010-05-11 10:20:22 - Market Wire}
 

DALLAS, TX--(Marketwire - May 11, 2010) - Nova Energy, Inc. (PINKSHEETS: [ NVAE ]) (OTCQB: NVAE) today announced the Company has been featured in a Webcast presentation from the Small Equity Initiative (SEI). The Webcast was conducted by SEI founder Philip Verges. Mr. Verges is also a founder of NewMarket Technology, Inc. (PINKSHEETS: [ NWMT ]) (OTCQB: NWMT) and China Crescent Enterprises, Inc. (OTCBB: [ CCTR ]).

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. SEI is a not-for-profit organization established to coordinate education, advocacy and activism to improve the capital markets for both small business entrepreneurs and investors.

A link to the Webcast is available at [ www.smallequity.com ] or directly here: [ http://www.smallequity.com/wb_5_10_2010.html ].

Follow the Small Equity Initiative on twitter at [ https://twitter.com/small_equity ] or sign up for email updates at [ www.smallequity.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 The Small Equity Initiative ([ www.smallequity.com ])

Small Equity Initiative is a not-for-profit organization dedicated to improving the opportunity for self-directed retail investors to profit from over-the-counter investments and for entrepreneurs to gain better access to capital for their business plans. The Small Equity Initiative (SEI) plans to build a community for small business investors and entrepreneurs aimed at improving the collective understanding of how the over-the-counter market really works today and how it can be improved in the future. SEI is based in the U.S. but serves the global small business community.

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.