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News for 'NVAE' - (Savanna East Africa, Inc. Announces Nairobi Wireless Utility Metering Project Update)


DALLAS, TX, Sep 08, 2011 (MARKETWIRE via COMTEX) -- Savanna East Africa, Inc.
(PINKSHEETS: NVAE) (OTCQB: NVAE) today announced the Company will be hosting a
senior member of the board of di! rectors of a Nairobi-based local utility
provider in Dallas next week. The purpose of the visit is to provide a
capabilities demonstration and further advance an opportunity to build and
implement a wireless utility metering capability in Nairobi.

Savanna East Africa Business Plan Savanna East Africa is concentrating on
developing high growth potential capacities within the housing, healthcare and
high tech sectors in East Africa, initially in Kenya, with plans to explore
business development opportunities into Ethiopia. Nairobi is the capital and
largest city in Kenya, as well as the most populated city in East Africa.
Nairobi is also home of the headquarters of UN-HABITAT and the United Nations
International Strategy for Disaster Reduction Regional Offices for Africa.

Recent Acquisition of Condom Manufacturer Savanna East Africa recently announced
the acquisition of fifty-one (51) percent of a condom manufacturing company
hea! dquartered in Nairobi, Kenya. The plant is currently in pre-production ,
though construction of the facility and manufacturing equipment is almost
complete. The manufacturing facility's original founders ran short on the funds
necessary to complete construction. Savanna East Africa stepped in and acquired
the majority interest in the condom manufacturing company in exchange for a
commitment to fund the balance of the financing required to bring the plant
on-line.

Management Buyout Negotiations Separately, the Savanna East Africa senior
management team has initiated negotiations to purchase the controlling interest
in Savanna East Africa. The Company's current business plan was implemented in
early 2010 under the leadership of the late Major General Hugh Robinson who
served as the CEO of Savanna East Africa. Last year General Robinson died
unexpectedly and this spring CEO LTC Randell Torno stepped in as a permanent
CEO.

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 Africa,
initially in Kenya. Savanna has already begun several initiatives in the region
to include initiatives in the Technology, Utility, Housing and Health products
industries. Savanna East Africa is a fully-reporting company with audited
financial statements quoted on the '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 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.





Contact:

Savanna East Africa, Inc.

Email Contact





SOURCE: Savanna East Africa, Inc.




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SUBJECT CODE: Computers and Software:Hardware

Computers and Software:Internet

! Computers and Software:Networking

Computers and Software:Software

Energy and Utilities:Oil and Gas

Telecom:Wireless

Medical and Healthcare:Medical Devices

Telecom:Networking

Telecom:Telecommunication Equipment

&nb! sp; & nbsp; Telecom:Telecommunication Services

Government:International