(NVAE) Savanna East Africa, (NWMT) NewMarket and Sichenzia Ross Friedman Ference Make Headlines in Africa With Capital Formation Seminar

DALLAS, TX--(Marketwire - November 3, 2010) - Savanna East Africa, Inc.'s (PINKSHEETS: NVAE) (OTCQB: NVAE) successful Trade Mission in Nairobi last week garnered attention from multiple media outlets including the print edition of Business Daily Africa (www.businessdailyafrica.com). Savanna, a NewMarket Technology, Inc. (PINKSHEETS: NWMT) (OTCQB: NWMT) Greenfield Partnership Program participant company, hosted the Trade Mission which was aimed at providing entrepreneurs with an introduction to capital markets and early and development stage best practices in high growth markets. Sichenzia Ross Friedman Ference LLP (SRFF) (www.srff.com) also presented, providing insight into the process and legalities of listing on the U.S. capital markets. SRFF was ranked the number one most active issuer counsel in the U.S. PIPE (private investments in public equity) market for the first two quarters of 2010 by both Sagient Research Systems and DealFlow Media, Inc.

In addition to the educational seminars, approximately 200 entrepreneurs attended the conference with several entrepreneurs pre-qualified by the Kenya ICT Board (www.ict.go.ke) presenting their business plans to the Trade Mission team. Kenya ICT Board is focused on promoting Kenya as an ICT destination while increasing the country's skilled labor pool and socio-economic enrichment of Kenyan society.

The United Nations International Strategy for Disaster Reduction (UNISDR) (www.unisdr.org) also joined the Greenfield program and the Small Equity Initiative in Nairobi last week to launch the Private Sector Disaster Risk Reduction Pilot Program. The pilot program is intended to urge private sector innovation and investment aimed at reducing disaster risk. To learn more about the Private Sector Disaster Risk Reduction Pilot Program, please visit: http://tinyurl.com/24o2jbb.

Greenfield partners China Crescent Enterprises, Inc. (OTCBB: CCTR) and NuMobile, Inc. (OTCBB: NUBL) also joined the trade mission delegation. China Crescent and NuMobile are also participants in the Greenfield Partnership Program and the partner companies are working together on a number of projects in East Africa. NuMobile incoming CEO David Lee was in Nairobi last week to finalize acquisition plans of a mobile wallet operation while participating in the Trade Mission.

Greenfield Program

NewMarket's Greenfield Program concentrates on early stage, rapid growth opportunities in the world's emerging markets, with program participants in China, Southeast Asia, South and Central America and East Africa, in addition to a handful of program participants in North America.

NewMarket recently released a Greenfield Partnership Program Webcast reviewing the Company's operational and financial benefits since founding the program last year. The Webcast also reviews Greenfield program participant companies, the Trade Mission to East Africa and the recently announced pilot program for the UNISDR. The Webcast also discusses the current state of small business capital formation in the U.S. and globally, the mission of the Greenfield program and the tentative Trade Mission program for 2011.

The Webcast is currently available for review at www.newmarkettechnology.com on the Investor Relations page titled 'NewMarket Technology Greenfield Program Webcast: United Nations Benchmark.'

Savanna East Africa Information and Email Newsletter

To learn more about Savanna East Africa and to sign up for company email alerts, please visit the corporate website at www.savannaea.com.

About Sichenzia Ross Friedman Ference LLP

Sichenzia Ross Friedman Ference LLP provides experienced professional representation in all matters involving the securities industry as well as general corporate and litigation matters. The Firm's areas of expertise include corporate and commercial transactions, securities litigation, arbitration, administrative practice before regulatory agencies, mergers and acquisitions and broker-dealer regulation. The Firm also has a nationally ranked PIPEs practice, which has been ranked number #1 as the most active PIPE issuer law firm from 2004 through the present, and also has specialized Asian and Israeli practice groups. For more information about the firm, visit www.srff.com.

About Savanna East Africa, Inc. (www.savannaea.com)
Savanna East Africa, Inc. (PINKSHEETS: NVAE) (OTCQB: NVAE) launched an updated corporate strategy early this 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. 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.'

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.

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Savanna East Africa, Inc.