SOURCE: NuState Energy Holdings, Inc.

December 08, 2014 11:59 ET

NuState Announces New GPSTrax Remote Power Management Module for Clean Energy Projects in Emerging Markets

COLUMBIA, SC--(Marketwired - Dec 8, 2014) -  NuState Energy Holdings, Inc. (OTC PINK: NSEH) announced today that it has developed a Remote Power Management Module (RPMM) for its Global Asset Tracking solution GPSTrax. This new product will allow the tracking, communication and management of fixed secure assets as a part of clean energy projects worldwide. These include projects in Biomass, Hydropower, Solar and Wind that are typically off-grid with the capability to connect to the local power grid.

CEO Kevin Yates stated, "We are always looking at ways to solve problems with remote communication to assets. This new and exciting product will allow service providers to connect and communicate with their fixed assets in the most remote areas of the country. GPSTrax solutions capture the data from the asset to produce an emission reduction report that can be used for carbon credit capture. We are very excited to be a part of the global movement to reducing the carbon footprint."

NuState has always been interested in providing solutions in developing countries as evident in the work it has done in South America and Africa. In 1990, emerging markets accounted for 20 percent of global output. By 2010, the share of emerging markets had doubled to 40 percent and this number is likely to surpass developed markets by the end of this decade.

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. NuState's proprietary software, GPSTrax, is built on an Open Architecture platform for the logistics and telematics industries.

For more information about NuState, email info@nsehinc.com 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.

Contact Information