THERMAL, California, November 16, 2015 /PRNewswire/ --
New Global Energy, Inc. (OTCBB: NGEY), a public company focused on Aqua-Farming, Agriculture, and Health & Wellness, continues to enjoy rapid growth and expansion. In the past few months, we have initiated work with several new companies that we believe will further increase profitability. Indeed, Moringa and Sustainable Fish Farming represent two promising near term opportunities.
MoringaUP™ Protein Bars
New Global Energy signed a distribution agreement with International Sustainability Group to manufacture and distribute MoringaUP™ Protein Bars with branding based on ISG's popular AlgaeUp™ bars.
As a Moringa-based nutritional product, MoringaUP™ Protein Bars will support health through a formulation of nature's minerals, proteins, antioxidants, vitamins and omegas. ISG already has contracts in place to sell the new bars at major grocery and drug stores throughout the United States, including Walgreens and Rite Aid.
The Company is confident that ISG's brand portfolio is an ideal complement to New Global Energy's business since it is based on providing natural, effective health solutions.
Cargill's EWOS Group
Two leading aquaculture experts from Cargill's (http://www.cargill.com) newly acquired EWOS Group visited New Global Energy's farm in Coachella Valley recently and plans are moving forward on exciting partnerships involving Moringa and fish feed. (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 New Global's Aqua Farming Tech is conducting and in selling EWOS manufactured fish feed to support Aqua Farming Tech's phased feed program.
On-going discussions with EWOS Group's Technical Director Bakshish Dosangh, P. Ag, and Feed Consultant John Hewitt focus on the merits of adding Moringa to fish feed and how it might be used to replace soy, which is expensive and traded on the commodities market.
Fish & Farm Report - Special Moringa Edition
The latest issue of New Global Energy's Fish & Farm Report is due out on December 1 as a Special Moringa Edition featuring all the latest news and research on Moringa, its health benefits, and various uses.
Moringa will continue to help build our market edge and support future profitability as we expand further into the Health and Wellness industry. New Global Energy is already a leader in Moringa and uses it as a key component of the proprietary fish feed formula that is one of the cornerstones of the company's 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.
Check out our new website at http://www.newglobalenergy.net to see the new Moringa Report and catch up on other Company news.
As we approach the end of 2015 we thank you for your support and reaffirm our commitment to leading through innovation and 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.
Perry D. West
Chief Executive Office
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SOURCE New Global Energy, Inc.