SOURCE: NX Global, Inc.

December 14, 2010 12:43 ET

NX Global, Inc. Announces 2011 Agenda

AUSTIN, TX--(Marketwire - December 14, 2010) - The Board of Directors of NX Global, Inc. (OTCBB: NEGS) announces its 2011 Agenda.

The company issued the following statement, "We would like to thank our shareholders for their loyalty through these difficult economic times and our transition period. As we move forward in to 2011 we are feeling more positive about the overall economic recovery and the forward movement of NX GLOBAL. The Board of Directors has a very aggressive agenda and has hopes of achieving their goals. The company also recognizes the shareholders' concern about the company stock price and the company shares your concerns and is addressing the situation. The company overall strategy is to bring value to the shareholders and an example of that would be the company spinout/IPO of NUBE and a dividend will be issued to all NEGS shareholders on a specified date. So NEGS shareholders would become shareholders of the new IPO. Of course we seek acquisitions and the growth of Applied Concepts that will increase our revenue base. We at NX Global would like to wish everyone a safe Holiday Season and a prosperous New Year!"

The agenda will include:

  • Plans for an IPO of subsidiary NUBE Inc.
  • Plans to offer an Annual Dividend to Shareholders
  • Plans to acquire or participate in Equity Positions, Joint Ventures, New Partnerships and Additional Acquisitions in our core business
  • Growth of its subsidiary Applied Concepts for Energy Corp and the Alternative Energy industry overall
  • Growth of the Board of Directors to Five
  • Development of an Advisory Board
  • Development of a New Website and an enhanced Social Media Site
  • Relocation of the corporate office to Nevada
  • Development of new Investor Relations /PR Program (for more transparency)

About NX Global:

NX GLOBAL, Inc. (OTCBB: NEGS) 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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