DALLAS, TX--(Marketwire - December 21, 2010) - Savanna East Africa, Inc. (
Savanna recently announced the completion of its first acquisition in Kenya, with two pending acquisitions expected by year-end. Additionally, the Company has announced a planned operation spinoff anticipated in the first quarter of 2011. A separate Webcast review of the one completed and two pending acquisitions titled, "Savanna East Africa Acquisition and Spinoff Review Webcast" is available on Savanna's corporate website www.savannaea.com. Based on the Savanna's recent acquisition progress, in addition to organic sales traction, management is currently considering an upward revision of the Company's current $10 million 2011 revenue objective.
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About Savanna East Africa, Inc. (www.savannaea.com)
Savanna East Africa, Inc. (
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 Information:
Contact:
Savanna East Africa, Inc.
214-722-3044