Tuesday, May 24, 2011 9:29:11 AM
DALLAS, TX, May 24, 2011 (MARKETWIRE via COMTEX) -- Savanna East Africa, Inc.
(PINKSHEETS: NVAE) (OTCQB: NVAE) today announced a senior management and key
stakeholders meeting sc! heduled in Nairobi the week of June 13th intended to
finalize a number of strategic next steps. The Company is concentrating on
developing high growth potential capacities within the housing, healthcare and
high tech sectors in East Africa. Recently, an on-demand Webcast presentation
hosted by CEO Randell Torno was posted on the Company's website
www.savannaea.com. The Webcast presentation reviews Savanna East Africa's
progress toward adding housing, healthcare and high tech capacity in East Africa
and discusses the return on investment potential of the Company's small and
medium enterprise (SME) sector strategy. The Company is focused on pursuing
those three business lines in East Africa, initially in Kenya.
About Savanna East Africa, Inc. (www.savannaea.com) Savanna East Africa, Inc.
(PINKSHEETS: NVAE) (OTCQB: NVAE) launched an updated corporate strategy last
year to pursue several business lines in the growing economy of East Afric! a,
initially in Kenya. Savanna has already begun several initiative s in the region
to include initiatives in the Technology, Utility, Housing and Health products
industries. The Company is also continuing to grow its existing oil and gas
reclamation business with new management and business strategies. Savanna East
Africa is a fully-reporting company with audited financial statements quoted on
the new 'OTCQB.'
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 d! iffer 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.
Savanna East Africa, Inc.
Investor Relations
Email Contact
SOURCE: Savanna East Africa, Inc.
CONTACT: http://www2.marketwire.com/mw/emailprcntct?id=7473D40ED2114C76
Copyright 2011 Marketwire, Inc., All rights reserved.
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SUBJECT CODE: Computers and Software:Hardware
Computers and Software:Internet
&n! bsp; Computers an d Software:Networking
Energy and Utilities:Oil and Gas
Energy and Utilities:Utilities
Telecom:Wireless
Medical and Healthcare:Healthcare
Real Estate and Construction:Construction
Telecom:Networking
&nbs! p; Telecom:Telecommunication Equipment
Telecom:Telecommunication Services
Government:International
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