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NOVA MOVES TOWARDS CLOSING $2 MILLION BUYMICRO SALE BUSINESS EDITORS TORRANCE, CALIF.--(BUSINESS WIRE)--SEPT. 16, 2003--NOVA COMMUNICATIONS LTD. (OTCBB:NCVM) ANNOUNCED TODAY THAT IT IS APPROACHING
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05:05 ET TORRANCE, Calif.--(BUSINESS WIRE)--Sept. 16, 2003--Nova
Communications Ltd. (OTCBB:NCVM.U) announced today that it is
approaching the closing of the sale of its BuyMicro subsidiary to
Deerfield Beach, Fla., based Trimfast Group, Inc. (Pink Sheets:TRFG)
for $2,000,000. Trimfast and Nova management have schedule a formal
due diligence review meeting in the California office of Nova
Communications to move towards completing the due diligence review
process.
Nova Communications, the sole owner of BuyMicro, has entered into
a Letter of Intent to sell the Company to Trimfast for $2,000,000 in a
stock transaction. The Letter of Intent calls for execution of a
definitive acquisition agreement once mutual due diligence reviews are
completed.
Ken Owen, Nova Communications CEO, stated, "We are excited to push
the sale of BuyMicro along and complete the transaction. With
management visions of each party now in alignment, we are moving to
the next step of the formal due diligence review process. With the
transaction completed, we expect solid long-term enhancement of the
Nova balance sheet as we continue to build shareholder value."
Additional moves that Nova has made to build shareholder value
include the Company's Letter of Intent to merge with PowerSki
International, the designer and manufacturer of the patented PowerSki
Jetboard, the World's most innovative watercraft.
To learn more about the World's most innovative watercraft and to
view behind the scenes footage of the Jetboard in action for Fox
Sports' 54321 sports program, please visit http://www.ncvm.net or
http://www.powerski.com/home.html.

Cautionary Statement for the Purpose of the Safe Harbor Provisions
of the Private Securities Litigation Reform Act of 1995:
Forward-looking statements in this news release are made under the
safe harbor provisions of the Private Securities Litigation Reform Act
of 1995. Certain important factors could cause results to differ
materially from those anticipatedby the forward-looking statements,
including the impact of changed economic or business conditions, the
impact of competition, the success of existing and new product
releases, the management of our growth, other risk factors inherent in
the telecommunications industry, and other factors discussed from time
to time in reports filed by the company with the Securities and
Exchange Commission.
Nova Communications has and continues to institute changes to its
strategies, operations and processes to address these risk factors and
to mitigate their impact on Nova Communication's results of operations
and financial condition. However, no assurances can be given that Nova
Communications will be successful in these efforts.

--30--AMP/la*

CONTACT: Company Reporter, Inc.
Mike Long, 281-870-0225
[e-mail]

KEYWORD: CALIFORNIA
INDUSTRY KEYWORD: MANUFACTURING SOFTWARE HARDWARE
COMPUTERS/ELECTRONICS SPORTS MERGERS/ACQ
SOURCE: Nova Communications Ltd.

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