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NuState Announces Worldwide Agreement for Utilizat

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Posted On: 11/28/2014 6:57:27 PM
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Posted By: MACDgyver
NuState Announces Worldwide Agreement for Utilization of GPSTrax© Telematics and Tracking Software in the Alternative Fuel Markets
| Monday, November 24, 2014 12:39 PM |

[PR Newswire] - COLUMBIA, S.C., Nov. 24, 2014 /PRNewswire/ -- NuState Energy Holdings, Inc. (NSEH) announced today, it has signed a definitive agreement with The Ronn Motor Group, with offices in Dalian, China and the United States, to license and market NuState's IP software, GPSTrax©, for use by Ronn Motor Group's partners in China and other international markets. "We're excited to be partnering with The Ronn Motor Group, which is pushing into global markets where alternative fuel opportunities are important to the country," said Yates. According to Ronn Motor Group CEO Ronn Maxwell, the company is targeting the commercial and original equipment fleet vehicle markets in China, India and Europe providing validation, testing and data for government financial incentives in relation to alternative fuel and power technologies, utilizing the capabilities provided by NuState's GPSTrax©. "GPSTrax© is an important tool for validating, testing and logging results for any new alternative fuel or power technology, whether automotive, trucking or stationary platforms," said Maxwell.

http://us.rd.yahoo.com/finance/news/rss/story...00250.html

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