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Nova Electronic Immobilization, PLC - Negotiations and Final Testing



Nova Electronic Immobilization, PLC - Negotiations and Final Testing

Nova Electronic Immobilization, PLC - Negotiations With Company in Same
Industry While Five Shot Stun Pistol (SP-5) Undergoes Final Testing

DESTIN, Fla., Jan. 22, 2013 (GLOBE NEWSWIRE) -- via PRWEB - Nova Electric
Immobilization Devices, PLC (Nova EID), a U.K. company with shares quoted on
the Berlin Stock Exchange (symbol: 4NE) and shares quoted on the US exchange
under NELC; sent out minutes to its last shareholders meeting held in Destin,
Florida on December 30, 2012. John McDermit, CEO, announced in the meeting
that NOVA is contemplating entering into serious negotiations with a private
company in the same industry, which could enhance the stock value of Nova's
shares.

Nova, also announced its new five shot stun pistol (SP-5) will undergo final
testing by the end of January, and, assuming the tests are successful, will go
into full production to meet backlog of demands.

Additionally, sales on its existing products are expected to increase this
year as a result of new marketing strategy soon to be introduced.

LEGAL: FORWARD LOOKING STATEMENTS: This document may contain forward-looking
statements protected by the Private Securities Litigation Reform Act of 1995,
as amended. Such statements include words like "anticipate," "hope," "assume,"
"expect," "project," "believes," or similar words. Actual results may differ
from those results indicated by forward-looking statements. Readers of this
document should not assume results will be as indicated by forward-looking
statements. There are a number of factors, many beyond the control of or
beyond the ability to foresee of Nova EID, that determine actual results. This
document nor any of its contents are an offer to sell any securities,
investment advice or a solicitation of any offer to purchase or sell
securities. URL's referenced above do not incorporate any content into this
document.

This article was originally distributed on PRWeb. For the original version
including any supplementary images or video, visit
http://www.prweb.com/releases/2013/1/prweb10330826.htm

CONTACT: Nova-Technologies
         Kent Phillips
         kphillips@nova-usa.com
         1-407-496-4444
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