About NOVT Corporation

On March 9, 2006, NOVT completed the sale of substantially all the assets of its VBT business. NOVT’s strategic plan is to redeploy its existing resources to identify and acquire new business operations. NOVT’s redeployment strategy will involve the acquisition of one or more operating businesses with existing or prospective taxable earnings. This strategy may allow NOVT to realize future cash flow benefits from its net operating loss carry-forwards (“NOLs”). As of this date, no candidates have been identified, and no assurance can be given that the Company will find suitable candidates, and if it does, that it will be able to utilize its existing NOLs. NOVT’s common stock is currently traded in the Pink Sheets under the symbol NVTP.PK.

NOVT was re-incorporated in the State of Delaware on September 27, 2007. The new Certificate of Incorporation and Bylaws adopted by NOVT as a result of the re-incorporation effectively declassified the Board of NOVT, limits the ability of any person or group to acquire 4.75% or more of NOVT’s common stock (subject to certain exceptions as provided in the Certificate of Incorporation) in order to protect NOVT’s ability to utilize its net operating loss carryforwards and renders inapplicable to NOVT the limitations of Section 203 of the Delaware General Corporation Law, among other things.

Contact:

NOVT Corporation

Terry Gibson
(408) 399-6495