| After a merger or acquisition, it can be tough for a | | | | extensive executive management experience having |
| company to get back on its feet. Changes in | | | | held senior positions at Southland Corporation and City |
| management styles and differing corporate cultures | | | | Place Development Corporation. |
| can slow production and create tension. | | | | A graduate of West Point with a Masters Degree in |
| But newly acquired Nova Energy, Inc isn't letting any of | | | | Civil Engineering from the Massachusetts Institute of |
| those things stop them. With a new CEO at the | | | | Technology, Robinson is also on the board of Carmax, |
| controls, the Carson City, NV based exploration-stage | | | | Inc., the LBJ Foundation and the Better Business |
| oil and gas recovery company has big goals. The | | | | Bureau in addition to his role as CEO of Nova Energy. |
| company plans to follow several lines of business in | | | | Key Partnerships |
| the growing East African economy, beginning in Kenya. | | | | In conjunction with Robinson's appointment as CEO, |
| In fact, Nova has already started several initiatives in | | | | Nova also became part of the NewMarket |
| the region, including forays into the technology, utility, | | | | Technology, Inc. Greenfield Partnership Program. |
| housing and health products industries. | | | | NewMarket provides systems integration, technology |
| Strong Leadership, Big plans | | | | infrastructure services and emerging technology |
| Although he was just appointed on February 9, Nova | | | | worldwide and uses its Greenfield Partnership |
| Energy's new CEO, retired Major General and former | | | | Program to speed up the introduction of new |
| Chairman of the Dallas Federal Reserve Hugh G. | | | | technologies into emerging markets around the world. |
| Robinson, has already installed a new business | | | | This makes Nova a perfect partnership. |
| strategy. In addition to plans to eventually change the | | | | "NewMarket has been working for the past two years |
| firm's name, Robinson hopes to expand and improve | | | | to prepare for operations in East Africa," said |
| the company's current East African market. | | | | Robinson, currently a member of the NewMarket |
| In the technology sector, he plans to acquire a Kenyan | | | | board. "I have had the opportunity to meet personally |
| systems integration firm to provide a base of | | | | with the local government in Nairobi. The first project |
| operations locally, and in the utilities market negotiations | | | | opportunities are already signed under letters of intent." |
| are already underway to support a wireless meter | | | | "I have met with investors prepared to finance our first |
| reading pilot solution for local authority. In the health | | | | project opportunities, and Nova's updated and |
| sector, the company hopes to acquire manufacturing | | | | expanded business plan is the home that has been |
| capability, including a nearly completed plant. | | | | established for these first project opportunities. Within |
| Nova Energy also plans to tap into Kenya's growing | | | | the NewMarket Greenfield Partnership Program and |
| housing market. The country is expected to need | | | | with NewMarket's two years of preparation work, |
| 50,000 new homes a year, and Nova has negotiations | | | | Nova is staged for rapid changes and developments," |
| in place to build affordable singe family homes as well | | | | he stated. |
| as provide financing. | | | | With so many exciting operations coming up, Nova and |
| "I anticipate 2010 will be a foundation building year for | | | | NewMarket are utilizing diverse marketing strategies to |
| Nova Energy in Africa. I am confident that Nova will | | | | get news about their updated business strategy to the |
| complete two to three acquisitions this year and report | | | | investing community. The company recently hosted a |
| meaningful revenue, demonstrating the long-term | | | | webcast which detailed Robinson's appointment and |
| potential of Nova. I have every expectation that | | | | the new business strategy. |
| Nova's business operations will expand rapidly and | | | | The company has also announced that its profile is |
| extend well beyond Kenya," said Robinson in a letter | | | | available on the New York Times website. "One issue |
| to shareholders. | | | | we have unexpectedly faced is recognition by the |
| And with such grand plans on the horizon, there is no | | | | various brokerage systems that the Company is |
| better man to have at the helm than Robinson. In | | | | fully-reporting and listed on the OTCBB. I believe being |
| addition to his distinguished career in the United States | | | | acknowledgment by well-recognized financial sites |
| Army and his position as Chairman of the Dallas | | | | such as the New York Times website that the |
| Federal Reserve, Robinson also served as President | | | | Company is an OTCBB quoted security will help to |
| Lyndon Johnson's military aide de camp and has | | | | overcome this issue," said Robinson. |