THERMAL, California, November 2, 2015 /PRNewswire/ --
New Global Energy, Inc. (OTC: NGEY) ("the Company"), a public company focused on Aqua-Farming, Agriculture, and Health & Wellness, hosted two leading aquaculture experts from Cargill's (http://www.cargill.com) newly acquired EWOS Group at its farm in Coachella Valley last week. (See: http://www.wsj.com/articles/cargill-buys-norwegian-fish-feed-producer-ewos-for-1-5-billion-1439798406)
The EWOS Group is interested in several exploratory projects that Aqua Farming Tech is conducting and is interested in selling EWOS manufactured fish feed to support Aqua Farming Tech's phased feed program.
Discussions with EWOS Group's Technical Director Bakshish Dosangh, P. Ag, and Feed Consultant John Hewitt included the merits of adding the superfood, Moringa, to fish feed and how Moringa, grown by New Global Energy on its farms, might be used to replace soy, which is expensive and traded on the commodities market.
"Aqua Tech continues to lead through innovation by advancing the science and technology of sustainable fish farming. We are continuously seeking to develop new systems and processes that will shape our industry and improve our Company's market edge." said Chief Executive Officer Perry D. West.
Moringa is a key ingredient in New Global's proprietary fish feed formula which is one of the cornerstones of its sustainable fish farming operation. In response to growing consumer demand for healthy seafood, New Global's fish formula is free of GMOs, antibiotics and chemicals and includes an optimized blend of Moringa, nutrient rich algae and a proprietary blend of other ingredients.
About New Global Energy, Inc.
New Global Energy, Inc. (http://www.newglobalenergy.net) is a public company focused on acquiring high-growth firms, assets and properties in the Aqua-Farming, Agriculture, and Health & Wellness industries. The trading symbol is NGEY traded on the OTCPK. New Global Energy seeks to create sustainable projects and protect the environment.
EWOS is a leading supplier of feed and nutrition for the international aquaculture industry, and operates in all four of the world's major salmon farming regions: Norway, Chile, Canada and Scotland. In addition EWOS has entered the feed market in Vietnam. EWOS continuously invests in research and development in order to maintain its strong reputation as the global innovator in aquaculture. For more information, visit http://www.ewos.com.
Safe Harbor Statement
This release includes "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E and/or 27E of the Securities Exchange Act of 1934 that are based upon assumptions that in the future may prove not to have been accurate and are subject to significant risks and uncertainties, including statements as to the future performance of the company and the risks and uncertainties detailed from time to time in reports filed by the company with the Securities and Exchange Commission. Statements contained in this release that are not historical facts may be deemed to be forward-looking statements. Investors are cautioned that forward-looking statements are inherently uncertain. Although the company believes that the expectations reflected in its forward-looking statements are reasonable, it can give no assurance that such expectations or any of its forward-looking statements will prove to be correct. Factors that could cause results to differ include, but are not limited to, the company's ability to raise necessary financing, retention of key personnel, timely delivery of inventory from the company's suppliers, timely product development, product acceptance, and the impact of competitive services and products, in addition to general economic risks and uncertainties.
For more information please contact:
Charlotte Luer, Director of Investor Relations
SOURCE New Global Energy, Inc.