April 20, 2011 08:30 ET

NEGS Subsidiary NUBE, Inc. Signs New Business Development Agreement

AUSTIN, TX--(Marketwire - Apr 20, 2011) - NUBE, Inc., a wholly owned subsidiary of NX Global Inc. (OTCBB: NEGS), announces the signing of a new business development agreement with Circle Computer Resources for the launch of two new locations with additional locations to be announced.

NUBE, Inc.'s President, Robyn Bailey, stated, "I am extremely pleased to announce a new business development agreement between NUBE, Inc. and Circle Computer Resources, Inc."

NUBE, Inc. is a Virtualization/Cloud Computing Company with specialty focuses on training, hosted services, and consulting services.

NUBE, along with its VMware Authorized Training Center (VATC) partner, Arrow Electronics (ECS), will offer VMware training as well as Microsoft products and other technologies.

Ms. Bailey stated: "What makes NUBE training different from other IT training offerings will be the hardware based format that the alliance with CCR will provide. CCR will arrange datacenter locations where NUBE will build high end training facilities giving IT professionals a real world environment on which to learn enterprise technologies like VMware."

The first locations NUBE and CCR have identified and scheduled are Las Vegas, Nevada and Northern Virginia. Training facilities and NUBE offices will soon follow in Tampa, Florida and Albuquerque, New Mexico.

The company goal is to go global through its partnership program and generate revenues exceeding $4 million through 2012.

Each data center location will also host NUBE's "Cloud Lab" hosted test and development services. Training and Cloud Lab will bring additional revenue streams to datacenters. NUBE looks forward to leveraging the natural synergies that exist between NUBE and Circle Computer Resources.

About CCR

Circle Computer Resources, Inc. is committed to efficiently providing specialized IT services to clientele looking for unique solutions.

About NX Global:
NX GLOBAL, Inc. (OTCBB: NEGS) and its subsidiaries are publicly traded companies located in the USA.

Our current subsidiary NUBE, Inc. is in Virtualization and Cloud Computing services.

Forward-Looking Statement: This press release contains forward-looking statements. Such forward-looking statements are subject to a number of risks, assumptions and uncertainties that could cause the Company's actual results to differ materially from those projected in such forward-looking statements. Forward-looking statements speak only as of the date made and are not guarantees of future performance. We undertake no obligation to publicly update or revise any forward-looking statements.

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