NuState Energy Holdings Hires New CEO With Extensive Background in Aerospace and Energy

Ft. Lauderdale, Fla.,March 16, 2017(GLOBE NEWSWIRE) --

NuState Energy Holdings, Inc. (NSEH –OTC US), a technology holding company with strong emphasis on acquiring, developing, and commercializing energy and technology companies, announces the hiring of Scott Wroblewski as the new CEO and Board Member of NuState Energy Holdings. Scott’s background is primarily in the Aerospace & Aeronautical Engineering fields and the Energy sector. As an Aerospace and Aeronautical Engineer with extensive work experience with Federal Agencies as well as defense and technological companies within the private sector, his access to resources within the Aerospace & Aeronautical fields will prove to be invaluable to our company.

NuState will be changing its structure to support multiple business units in diverse markets. NSEH will become a holding company, beginning in April, 2017 and will form wholly owned subsidiaries through acquisitions. The first acquisition has already been identified and due diligence is under way. This will provide a stable revenue stream for the company.

Scott Wroblewski brings a wealth of knowledge and experience from his work in the Aeronautics and Energy markets and will be responsible for setting the new direction of the company. “I am looking forward to working on this exciting new opportunity with the team at NuState. Having spent a large portion of my professional career within the aerospace and aviation industries, and knowing where the future of the industry is headed, I can see that the opportunities are boundless. My experience brings with it the vision, values and cornerstone to make this a successful operation. With the proper structure in place, NuState will become a major player in this industry with very high profit margins.”

Scott Wroblewski graduated from the Pennsylvania State University in 1986 where he earned a Bachelor of Science Degree in Aerospace Engineering and attended graduate studies in the Engineering Science and Mechanics Department. He has over 25 years of experience in the aerospace/aeronautical fields and oil and gas industry, working either directly for, or as a consultant for many leading companies including Boeing, Lockheed martin, Northrop Grumman, Orbital Sciences, Sierra Nevada, and Safran (formally Snecma). He has held Secret and Top Secret Clearances with an Extensive Background Investigation (EBI, SSBI) by the United Stated Federal Bureau of Investigation (FBI). He was deputy Director of Launch Nuclear Safety and Terrestrial Radioisotope Generators at Lockheed Martin Astronautics for the NASA New Horizons satellite that recently flew by Pluto and is now on to the Kuiper Belts.

He has worked on many prestigious and exciting projects such as the recent Pluto Mission, Boeing 737 Passenger to Freighter Conversions, the U. S. Air Force Superconductivity Motor Program, the Conestoga Launch Vehicle, Ariane 4 & 5 Launch Vehicle (European Rocket System), the Atlas 5 Launch Vehicle, the Taurus Launch Vehicle, the Excalibur Army Main Artillery Shell Targeting System and the Hubble Space Telescope Repair Mission. He has also worked on many commercial aircraft and military projects including the Airbus A380, the Boeing 777, Boeing’s B-1 Bomber, and Boeing’s Chinook Helicopter, as well as many others.

NuState Energy Holdings is very excited to bring on board a high-quality CEO with a lot of assets. The company believes that this decision will lead to positive outcomes that will benefit our shareholders. We all look forward to Scott implementing his long-term plan.

Our goal is to instill NuState shareholders with the confidence that their shares will hold their value and that the management team has their interests in mind. We plan to release a new marketing campaign during the month of March.

About NuState Energy Holdings, Inc.:
NuState is a global provider of Energy Efficient solutions for the consumer and commercial client. The company’s telematics solutions collect vehicle and container based data, integrate it with information gathered from various separate systems across the supply chain, synthesize it, reformat it into valuable, actionable information, and deliver it to end-users across the logistics value chain through secure web-based applications. Specific offerings include vehicle tracking, inventory/asset visibility, secure trucking, matching available freight with available trucks, and many others. GPSTrax has proven to enhance worldwide emission reduction solutions for the automobile and trucking industry through their partners’ emission reduction products.

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Safe-Harbor Statement under the Private Securities Litigation Reform Act of 1995: This press release may contain forward-looking information within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended (the Exchange Act), including all statements that are not statements of historical fact regarding the intent, belief or current expectations of the company, its directors or its officers with respect to, among other things: (i) the company’s financing plans; (ii) trends affecting the company’s financial condition or results of operations; (iii) the company’s growth strategy and operating strategy; and (iv) the declaration and payment of dividends. The words “may,” “would,” “will,” “expect,” “estimate,” “anticipate,” “believe,” “intend” and similar expressions and variations thereof are intended to identify forward-looking statements. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond the company’s ability to control, and that actual results may differ materially from those projected in the forward-looking statements, due to various factors including the risk disclosed in the company’s Forms 10-K and 10-Q filed with the SEC.

NuState Energy Holdings, Inc. 410 East Las Olas Blvd Suite 1400 Fort Lauderdale, Florida 33301. Phone: 954-712-7487

Source:NuState Energy Holdings, Inc.