SOURCE: NuState Energy Holdings, Inc.

NuState Energy Holdings, Inc.

January 06, 2015 10:30 ET

NuState Announces New GPSTrax Carbon Credit Capture Software to Bolster Revenues in Emerging Markets

COLUMBIA, SC--(Marketwired - Jan 6, 2015) - NuState Energy Holdings, Inc. (OTC PINK: NSEH) announced today, that it has developed a Carbon Credit Capture Application to enhance its portfolio of the Global Asset Tracking solution GPSTrax. This new product will validate, compile, certify and present for trade the carbon credits available from the clean energy projects we have identified. These include projects in Biomass, Hydropower, Solar and Wind all across the globe.

CEO Kevin Yates stated, "We completed our scientific analysis, and believe we have validated the potential volume and value of carbon credits available for our worldwide partners. We now have the ability to compile, validate, register and apply these credits to the respective governments, banks, brokers and trading platforms for their exchange." Yates added, "The essence is that we believe the value of these credits over the next ten years is in the billions of dollars. It makes sense to validate them, certify them and then trade them for cash which will become an immediate and tangible asset on the balance sheet. This could bolster investor confidence as we seek assets, which can be used then for future growth and expansion, mitigating need to borrow in order to support any or all of the many worldwide potential projects we have identified. We are expecting the revenues for the company to grow from $3,000,000.00 - $4,000,000.00 in 2015 to over $50,000,000.00 by 2018."

About NuState
NuState Energy Holdings, Inc. is a technology company specializing in providing pertinent, real-time information to the worldwide transportation, clean energy and security industries.

For more information about NuState, email or call (803) 748-1309. NuState is located at 1201 Main Street, Suite 1980, Columbia, S.C. 29201.

Safe-Harbor Statement under the Private Securities Litigation Reform Act of 1995: This press release may contain forward-looking information within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended (the Exchange Act), including all statements that are not statements of historical fact regarding the intent, belief or current expectations of the company, its directors or its officers with respect to, among other things: (i) the company's financing plans; (ii) trends affecting the company's financial condition or results of operations; (iii) the company's growth strategy and operating strategy; and (iv) the declaration and payment of dividends. The words "may," "would," "will," "expect," "estimate," "anticipate," "believe," "intend" and similar expressions and variations thereof are intended to identify forward-looking statements. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond the company's ability to control, and that actual results may differ materially from those projected in the forward-looking statements as a result of various factors including the risk disclosed in the company's Forms 10-K and 10-Q filed with the SEC.

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