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NuState Announces New Talks With AMPS N.V. for Multi-Million Dollar Alternative Energy Projects

COLUMBIA, SC, Dec 19, 2014 (Marketwired via COMTEX) -- NuState Energy Holdings, Inc. (OTC PINK: NSEH) announced today, it has initiated primary talks with AMPS N.V. (http://www.amps.sr), based in Paramaribo, Suriname, to enter into a license agreement with its partner The Ronn Motor Group in relation to the purchase of NuState's IP software, GPSTrax for their multi-million dollar alternative energy projects. AMPS focuses on providing EPC services Power Transmission & Distribution, Renewable and Conventional Energy as well as Power Management Systems to Suriname and its Caricom members.

CEO Kevin Yates stated, "We have maintained our interests and relationships in Suriname since our initial meetings back in 2011. We have worked diligently to find the right opportunity for us to partner with the initiatives that are ongoing in this emerging market country. My relationships in the country and with Steven Mannen have always been strong and we are very excited to be focusing on a new partnership with The Ronn Motor Group. A summit is being planned which will take place in Curacao during next month. The focus will be on the development of a strategic plan for working together on the alternative energy projects. The first projects are in excess of 5 million dollars. AMPS is proving to become a leader in providing new energy solutions in South America and the Caribbean. We are very excited to be a part of the global movement of providing new and alternative energy solutions."

About NuState NuState Energy Holdings, Inc. is a technology company specializing in providing pertinent, real-time information to the worldwide transportation, clean energy and security industries. NuState's proprietary software, GPSTrax, is built on an Open Architecture platform for the logistics and telematics industries.