NuEnergy Group, Inc. Announces Name Change, Reverse Split and New Trading Symbol

Trading Symbol NUER is Now RSII


OMAHA, Neb., May 14, 2009 (GLOBE NEWSWIRE) -- NuEnergy Group, Inc. (Pink Sheets:NUER) (the "Company"), a publicly-traded company, announced today the completion of the acquisition of Rising India, Inc. The company has changed its name to Rising India, Inc. The trading symbol NUER is now RSII. Rising India, Inc. has put into effect a reverse split of its common stock, which will now trade on the Pink Sheets under the new symbol.

Corporate Profile

Rising India, Inc. is a United States-based public company with an international market in the development and production of innovative digital special effects and 3D character animation for films and TV production. Rising India, Inc. has on-going business relationships with a number of European and Asian companies that provide extensive background and expertise in the animation field. As a result of its international scope and relationships, Rising India is involved in the development, creation and marketing of animation projects for the European, Asian and United States markets and anticipates significant growth in this expanding industry and technology.

Safe Harbor Statement

Forward-Looking Statements: Investors are cautioned that certain statements contained in this document are "Forward-Looking Statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements include statements which are predictive in nature, which depend upon or refer to future events or conditions, which include words such as "believes," "anticipates," "intends," "plans," "expects" and similar expressions. In addition, any statements concerning future financial performance (including future revenues, earnings or growth rates), ongoing business strategies or prospects, and possible future Coastal Technologies actions, which may be provided by management, are also forward-looking statements as defined by the act. These statements are not guarantees of future performance.


            

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