Letter From Nova Energy, Inc.(NVAE) CEO, Past Dallas Federal Reserve Chairman and NewMarket (NWMT) and China Crescent (CCTR) Board Member Posted on CNNMoney.com
DALLAS, TX--(Marketwire - February 24, 2010) - Nova Energy, Inc. (OTCBB: NVAE) today announced
a letter to shareholders from CEO Hugh G. Robinson is available on
Nova is a fully-reporting company quoted on both the OTCBB and the OTC
Pinksheets (OTCBB: NVAE)
The letter to shareholders was released to communicate the Company's
updated and expanded business strategy in East Africa. Mr. Robinson was
recently appointed CEO in conjunction with a corporate change of control.
His letter introduces the Company's updated and expanded strategy in
conjunction with Nova's participation in the NewMarket Technology, Inc.
(PINKSHEETS: NWMT) Greenfield Partnership Program. Mr. Robinson sits on the
board of directors of NewMarket, in addition to recently joining the board
of directors of China Crescent Enterprises, Inc. (OTC.BB: CCTR).
CEO - Retired Major General Hugh G. Robinson
Newly appointed as CEO of Nova, Mr. Robinson is a former Chairman of the
Dallas Federal Reserve and a retired Major General with a distinguished
career serving in the United States Army. Among other prestigious posts,
Mr. Robinson served as President Lyndon Johnson's military aide de camp. In
addition to his public service experience, Mr. Robinson's career has
included extensive executive management experience with senior positions at
Southland Corporation and City Place Development Corporation. He is a
graduate of the United States Military Academy at West Point and earned a
Master's Degree in Civil Engineering from the Massachusetts Institute of
Technology (MIT). In addition to his role as CEO at Nova Energy, Mr.
Robinson currently serves on the board of Carmax, Inc., the LBJ Foundation
and the Better Business Bureau.
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About Nova Energy, Inc. www.novaei.com
Nova Energy, Inc. has launched an updated business strategy and is under
new management. Retired Major General Hugh G. Robinson, former Chairman of
the Dallas Federal Reserve has assumed the role of Chief Executive Officer.
Under General Robinson's leadership, Nova plans 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 the Technology,
Utility, Housing and Heath products industries.
"SAFE HARBOR STATEMENT" UNDER THE PRIVATE SECURITIES LITIGATION REFORM ACT
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
Contact Information: Contact:
Nova Energy, Inc.