(NUBL) NuMobile, (NVAE) Savanna East Africa and (CCTR) China Crescent Announce Increased Scope of Wi-Fi Utilities Metering Proje
February 24 2011 - 9:10AM
Marketwired
NuMobile, Inc. (OTCQB: NUBL), Savanna East Africa, Inc. (OTCQB:
NVAE) and China Crescent Enterprises, Inc. (OTCQB: CCTR), all
members of the Greenfield Partnership Program, today announced the
wireless utilities metering project the Companies are combining
resources on in Nairobi, Kenya will be increasing its scope to
encompass more regions. Savanna East Africa CEO Randy Torno has
just completed a week of meetings in Nairobi to include meeting
with the utility client. The client conveyed plans to immediately
increase the scope of the initial pilot wireless metering project.
The Greenfield Program supports start-up and early stage
development businesses with high growth potential. The 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.
Greenfield partners are benefiting today by combining forces while
raising funds, participating in cooperative sales and marketing
campaigns and sharing back office resources.
OTC Investment Tutorial
All three companies have recently been featured in a Greenfield
Partnership Program on-demand OTC Investment Strategy Tutorial
Webcast (http://tinyurl.com/OTCTUTORIAL). The
Webcast targets both novice and advanced OTC investors as well as
entrepreneurs seeking growth capital from the OTC Private
Investment in Public Equity (PIPE) market. One interesting aspect
of OTC investing highlighted in the one hour presentation (that has
a fast forward function) is an overview of a recurring price per
share tendency that occurs twice monthly around the same period as
the twice monthly reporting schedule for short positions
(http://www.finra.org/Industry/Compliance/RegulatoryFilings/P117123).
About NewMarket Greenfield Partnership
Program NewMarket launched the Greenfield Program over a year
ago to facilitate the start-up and early stage development of
high-growth potential businesses. The 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.
Follow the Greenfield Partnership Program on Facebook at:
http://tinyurl.com/greenfieldpp and on Twitter at
http://twitter.com/greenfieldpp.
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. 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.'
About China Crescent Enterprises, Inc.
(www.chinacrescent.com) China Crescent (OTCQB: CCTR) (PINKSHEETS: CCTR) is a
systems integration service provider that markets technology
outsourcing services in China including the sale and service of
brand name technologies such as Microsoft, Cisco, IBM, HP and Dell.
Following a strategic acquisition last year, the Company expanded
its business line to include original design manufacturing (ODM).
China Crescent reported $45 million in profitable revenue in 2009
after reporting over $40 million in revenue for both 2007 and 2008.
Headquartered in Dallas with operations in China, China Crescent
bridges the gap between global business cultures to assist clients
worldwide realize the advantages of the high quality, low cost
technology products and services available from China.
About NuMobile, Inc. (www.numobileinc.com) NuMobile
(OTCQB: NUBL) (PINKSHEETS: NUBL) 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.
"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 provision 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 NuMobile's or other companies'
mentioned in this release 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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Contact: NuMobile, Inc. Email Contact 817-410-5735 Investor
Relations 214-722-3042 Email Contact
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