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New Global Energy Announces the Addition of Drs. John and Susan Woods of Cellulose Systems, Inc. to Advisory Board

2014-12-20 14:57 ET - News Release


THERMAL, Calif. -- (Business Wire)

New Global Energy, Inc. (OTCBB:NGEY) announced today the addition of Drs. John and Susan Woods, principals of Cellulose Systems, (www.cellulosesystems.com) as its two newest NGEY Advisory Board members.

“To be working with Drs. John and Susan Woods, principals of Cellulose Systems, (www.cellulosesystems.com) is a significant milestone for our company. The Woods are among the world’s foremost plant biologists and have particular expertise in the micro-propagation of elite species of Bamboo, Moringa and giant reed grasses,” said Chief Executive Officer Perry D. West.

The Woods’ patented biotechnological processes, called somatic embryogenesis and organogenesis, meet the challenges of large-scale propagation and can commercially produce thousands of plants from laboratory/green houses. In fact, an entire forest of thousands of hectares can be produced entirely within these facilities. This breakthrough allows a biomass production of 10 to 25 times that of forest and can be accomplished worldwide wherever a suitable site is identified.

“We are very excited to start working with New Global Energy and their Farm Manager Rocky French, testing our patented technology with Moringa in the California desert. We believe that there is nothing more cost effective than creating low-cost fertile cropland where none existed before," said Dr. John Woods.

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

Source: New Global Energy, Inc.

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