[USA] New Global Energy, Inc. (OTCQB: NGEY) (“the Company”), a public company focused on Aqua-Farming, Agriculture, and Health & Wellness, has signed a distribution agreement with International Sustainability Group to manufacture and distribute MoringaUP™ Protein Bars 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.
“ISG’s brand portfolio is an ideal complement to New Global Energy’s business since it is based on providing natural, effective health solutions. We are confident that Moringa will continue to help build our Company’s market edge and support future profitability as we expand further into the Health and Wellness industry,” said Chief Executive Officer Perry D. West.
As a nutrient-dense aqua botanical, the algae included in ISG’s products include: Spirulina, a variety of fresh water blue-green algae similar in makeup to sea vegetables such as dulse, kelp, nori, kombu, arame, wakame, and chlorella; algae biomass, (raw algae); and astaxanthin, a powerful antioxidant. The market opportunity for algae products is increasingly significant as awareness of its benefits become more widely understood.
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.