New Global Energy Expands Production of Sustainable Tilapia in California’s Coachella Valley

Moringa & Green Algae Provides Natural Environment that Results in Healthy Tilapia

THERMAL, Calif.--()--New Global Energy, Inc. (OTCBB:NGEY), a public company focused on Aqua-Farming, Agriculture, and Renewable Energy, announced today that it is expanding its commitment to the production of sustainable tilapia to help meet the world’s demand for healthy seafood.

“Why You Should Never Eat Tilapia: Eating Tilapia Is Worse Than Eating Bacon”

Consider recent headlines:

“Why You Should Never Eat Tilapia: Eating Tilapia Is Worse Than Eating Bacon” – GetHolisticHealth.com

“Researchers Say Antibiotics in Fish a Health Concern” – U.S. News and World Report

“The Truth About Tilapia” – FOX News

“Most of these articles and the negative publicity related to Tilapia refer to Asian-imported Tilapia I wouldn't eat it! We use no antibiotics or chemicals. Our Tilapia are fed the superfood Moringa and green algae for their first four months in grow-out ponds. These nutrient rich algae and other aquatic plants represent a natural environment,” said Chief Executive Officer Perry D. West.

New Global’s farms are located east of Palm Springs in the heart of the prolific Coachella Valley, California. The region is uniquely suited to grow Tilapia, which is a tropical fish, because of the area’s warm climate, longer daylight hours, longer summers and the availability of warm fresh water from geo-thermally heated wells.

“Our healthy and proprietary fish feeding methodology cuts overall feed costs in half while ensuring high-quality 'certified and approved' tilapia that meets the requirements of specialty retailers. By successfully solving critical cost issues through innovation and technical advancement, New Global is fast becoming the leading producer of premium seafood in Southern California and beyond,” said West.

About New Global Energy, Inc.: New Global Energy, Inc. is a public company focused on acquiring high-growth firms, assets and properties in the Green & Renewable Energy industry. The trading symbol is NGEY traded on the OTCBB. New Global Energy seeks to provide consumers with solutions that lower energy costs, create sustainable projects and protect the environment. NGE seeks to consolidate this highly fragmented industry that grosses in excess of $5 trillion per year. New Global’s goals are to research, acquire and develop affordable technologies and properties that significantly reduce our country's dependency on foreign oil with renewable energy and create sustainable projects in four technologies of focus: Aquaculture, Solar, Agriculture, and Biofuels.

Safe Harbor Statement:

Matters discussed in this release contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. When used in this update, the words "anticipate," "believe," "estimate," "may," "intend," "expect" and similar expressions identify such forward-looking statements. Actual results, performance or achievements could differ materially from those contemplated, expressed or implied by the forward-looking statements contained herein. These forward-looking statements are based largely on the expectations of the Company and are subject to a number of risks and uncertainties. These include, but are not limited to, risks and uncertainties associated with our history of losses and our need to raise additional financing, the acceptance of our products and technology in the marketplace, our ability to demonstrate the commercial viability of our products and technology and our need to increase the size of our organization. Further information on the Company's risk factors is contained in the Company's quarterly and annual reports as filed with the Securities and Exchange Commission. The Company undertakes no obligation to revise or update publicly any forward-looking statements for any reason.

Contacts

For New Global Energy, Inc.
Charlotte Luer, 239-404-6785
cluer@ljhfm.com

Website

Release Summary

New Global Energy, Inc. announced today that it is expanding its commitment to the production of sustainable tilapia to help meet the world’s demand for healthy seafood.

New Global Energy, Inc.