Novo Energies

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OCTOBER 28, 2010 Novo Energies Corporation Supports U.S. Senators From New Mexico, Jeff Bingaman and Tom Udall, Who Have Introduced Legislation to Create a National Renewable Electricity Standard (RES) The Legislation Would Spur Investment and Development of Renewable Electricity Projects and Create Jobs Within the Industry NEW YORK, NY--(Marketwire - October 28, 2010) - Novo Energies Corporation (OTCBB: NVNC ) ("Novo" or the "Company"), an alternative energy company, announced today that it strongly supports bipartisan legislation, which would be the first of its kind, to create a National Renewable Electricity Standard. The proposed legislation will require electric utilities to produce at least eleven percent of their power from renewable sources of energy such as waste to energy, biomass, solar and landfill gas. An additional four percent would be achieved through energy efficiency improvements. Novo recognizes the importance of incentives for homegrown energy solutions to help the U.S. create green collar jobs and attain greater energy independence. Antonio Treminio, CEO and Chairman of Novo Energies, stated, "We are fortunate to have our first waste-to-energy pilot plant facility located in Colorado as it was the first state to implement a Renewable Energy Standard. The support for renewables is immense in this state and we look forward to making it the home of our first commercial scale plant. We hope that other states will follow suit and adopt similar policies. This proposal by Senators Bingaman and Udall is crucial in sending the message that leadership in renewable energy and reduction of carbon emissions is not only a priority but also a necessity." View Full Press Release AUGUST 25, 2010 Novo Energies Corporation Supports Colorado Legislation to Incentivize Sustainable Scrap Tire Processing Colorado Approved House Bill 10-1018 on June 10, 2010, Which Creates Economic Incentives to Help the State Manage Scrap Tires Novo Energies Corporation (OTC.BB: NVNC - News ) ("Novo" or the "Company"), an alternative energy company, announced today that it strongly supports the legislation that creates an encouraging environment for the sustainable processing of scrap tires in the state of Colorado. Novo recognizes the problems posed by scrap tires which include: being potentially an extremely difficult to extinguish fire hazard; trapping rainwater which may breed mosquitoes that can spread diseases; and being a bulky, virtually indestructible hazard that often works its way back up to the surface of landfills after burial. The bill aims to reduce the current stockpiles in Colorado, which to some estimates stand at approximately 43 million scrap tires. Under this legislation, processors and end users of waste tires will be reimbursed up to $65 per ton. View Full Press Release JULY 30, 2010 Novo Energies Corporation Acquires Exclusive Worldwide Rights to Proprietary Hybrid Gasification Technology to Convert Plastic and Tire Waste Into Energy Agreement Provides Novo Energies With a Technology License With Precision Pipe and Vessel, LLC Effective Immediately Novo Energies Corporation (OTC.

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