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NuMobile (NUBL) and Nova (NVAE) Announce African Wi-Fi Project Partnership Updates 3/15/10 - Nova Energy, Inc. (OTCBB: NVAE) is scheduled to
release an on-demand Webcast this Thursday, March 18th. The Webcast,
planned to be conducted by interim CEO Philip Verges, will present the
latest updates on the Company's Wi-Fi project in Kenya. Nova is working in
partnership with NuMobile, Inc. (OTCBB: NUBL ) to build a wireless broadband
network to support local utility authorities. The scheduled Webcast is also set to include a presentation of the Company's trade mission to Kenya next week to explore opportunities to implement an affordable housing initiative. Nova Energy is pursuing several initiatives in East Africa, initially in Kenya, to include initiatives in the technology, utility, housing and health products industries. A link to the Webcast will be posted on the Company's corporate website www.novaei.com upon release. NuMobile is building a portfolio of security and software solutions for the global mobile computing and smartphone market. Through a roll-up strategy, NuMobile plans to acquire and develop mobile computing solutions for a variety of applications, including mobile banking, for the global marketplace. The demand for mobile security and software applications is being driven in large part by the growing number of mobile phone sales into emerging economies that currently do not have substantial access to the Internet via desktop computing. Already in North America, the Company has also forged a partnership in the Chinese market and is developing a plan for the emerging economies of Latin America and East Africa. NuMobile is a SEC fully-reporting public company listed on the Over-the-Counter Bulletin Board.
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