SOURCE: NX GLOBAL INC

NX Global Inc

March 14, 2011 08:30 ET

NX Global Announces Rollout of New Growth Program

AUSTIN, TX--(Marketwire - March 14, 2011) - NX Global Inc (OTCBB: NEGSE) announced today a rollout of a new program titled "The Green Rainbow Consortium."

The Green Rainbow Consortium will consist of companies with specialties in the Bio-Fuels, Waste to Energy, Energy Management and Green Construction industries. NEGS invites the companies into the consortium and works together with members to enhance revenues and form a stronger presence in the energy world.

In a company statement -- "NX Global is committed to the Alterative Energy Industry, the contribution of energy conservation for our planet and the growth of company revenues. The company is aware of the undervalued stock price, the unexpected slower growth of our business plan execution and the rather disappointing response of our government to produce more green energy in light of the high oil prices. The more resources available to us the better our revenues and growth will be for the future of our company and planet. Our goal is strength through numbers."

The plans for additional acquisitions, mergers, partnerships, joint ventures and business development alliances are in the works and the company will release the info as it becomes available. The company has reached out to its consulting network to obtain core or direct funding for the Consortium.

The company is in negotiations with companies currently and expects to make future announcements with regard to The Green Rainbow Consortium in the coming weeks. 

In other news, the company filings are current and expect the "E" symbol to be removed in the next 2 days. In an effort of more transparency the company has hired Ten Associates LLC to assist with investor relations and Jones and O'Malley for public relations.

About NX Global:

NX Global Inc. (OTCBB: NEGSE) and its subsidiaries are publicly traded companies located in the USA.

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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