New America Energy Provides Summary of Lithium Supply and Markets Conference Highlights

LAS VEGAS, Feb. 1, 2012 /PRNewswire/ -- New America Energy Corp. (OTC: NECA) (the "Company") is pleased to provide a summary of some of the highlights from the 4^th Lithium Supply and Markets event held January 23-25, 2012, in Buenos Aires, Argentina.

The 4^th Lithium Supply and Markets conference provided an opportunity for producers and emerging producers, supply and demand forecasters, end users, investment bankers and analysts, to meet and interact in both formal and informal environments.

Some of the highlights of the conference included presentations from Eric Norris, the Technology Director for second leading industry producer FMC Global, which included a forecast of the doubling of lithium demand by 2020. Talison Lithium forecast an even steeper growth in demand with a future transport high case scenario of 500,000 tonnes LCE demand by 2020 up from the 130,000 tonnes estimated consumption in 2011 by Signum Box. Future growth is seen in a jump in demand from grid storage. Robert Bayliss, head of Industrial Minerals Research at Roskill Information Services announced that Roskill Information Services pulled forward its assessment for grid storage by two years to reflect recent growth and size of projects either underway or expected to begin.

Another highlight of the event was a presentation by Dr. Matthias Uebler of Siemens AG highlighting the work that Siemens AG has underway in the solar power generation sector and the potential use of lithium nitrate in the solar power generation sector and why this technology may need large amounts of lithium nitrate by 2013/2014 onwards.

New America Energy Corp. is a Nevada-based mineral exploration company engaged in the acquisition and exploration of mineral properties in the continental United States. Currently the company controls approximately 5600 acres in the Nevada.

FORWARD LOOKING STATEMENT

This announcement is not an offer to sell any New American Energy Corp. ("NECA") shares or related securities. Offers for any given security are made only through applicable offering circulars and related documents filed with the SEC pursuant to the Securities Act of 1933 or the Securities Exchange Act of 1934. Certain statements contained herein and subsequent oral statements made by and on behalf of NECA may contain "forward looking statements." Such forward looking statements are identified by words such as "intends," "anticipates," "believes," "expects," and "hopes" and includes, without limitation, statements regarding the future of the lithium industry. Forward-looking statements express our expectations or predictions of future events or results. They are not guarantees and are subject to many risks and uncertainties. There are a number of factors beyond our control that could cause actual events or results to be significantly different from those described in the forward-looking statements. Any or all of our forward-looking statements in this report or in any other public statements we make may turn out to be wrong. We undertake no obligation to publicly update or review any forward-looking statements, whether as a result of new information, future developments or otherwise.

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SOURCE New America Energy Corp.