/ CORRECTION - NuState and Rentar Agree to Blockbuster Deal

* Reuters is not responsible for the content in this press release.

Thu Apr 17, 2008 12:04pm EDT

  BOCA RATON, FL, Apr 17 (MARKET WIRE) -- 
 In the news release, "NuState and Rentar Agree to Blockbuster Deal," issued
earlier today by NuState Energy Holdings, Inc. (OTCBB: NSEH), we are advised by
the company that the location of Rentar Environmental Solutions, Inc. in the
first paragraph should read "Palm Beach County, Florida" rather than "Palm
Beach,
Florida"as originally issued.  Complete corrected text follows.

    BOCA RATON, FL -- April 17, 2008 -- NuState Energy Holdings, Inc. (OTCBB:
NSEH) and Rentar Environmental Solutions, Inc., a privately held Company based
in
Palm Beach County, Florida, have joined in a binding agreement to form a new
entity, Rentar Logistics and Information Systems, whose mission is to provide
cost effective answers to such pressing global and environmental issues as
soaring fuel costs and greenhouse gas emissions. NuState has agreed to the sale
of
its intellectual property coupled with the ongoing services of its management
and information technology department. Under the terms of the agreement, NuState
will receive $3,000,000 and a 49% stake in the new company.

    Rentar Environmental Solutions, the world leader in pre-combustion fuel
technology, holds 26 domestic and international patents on the Rentar Fuel
Catalyst. The Rentar Fuel Catalyst has been extensively tested by numerous
independent laboratories recognized by EPA, CARB, foreign governments and
prominent corporate entities. This testing has verified that the Rentar Fuel
Catalyst significantly reduces fuel consumption and the emission of
greenhouse gases and other toxic components of exhaust.

    NuState's proprietary software application, My Driver Seat, is the leader in
its
field. It is an unparalleled fuel management tool that is capable of
validating the effectiveness of any fuel efficiency or emission reduction
technology. Further, it provides clear and concise reports easily tailored to
user
requirements. By capturing real time data about speed, idling time, and
out-of-route vehicles, etc., and providing such data in a timely manner, fleet
managers can modify poor driver habits and dramatically increase overall fleet
efficiency.

    By combining the Rentar Fuel Catalyst and My Driver Seat in a single
powerful
package, Rentar Logistics and Information Systems becomes the only company in
the world with the capacity to provide end-users with a unified technology which
delivers meaningful fuel savings, all the information required to manage a 21st
century fleet, and the ability to validate and verify carbon emission
reduction.

    Frank Reilly, CEO of NuState, and Joel Ratner, CEO of Rentar, issued a
joint statement saying, "We feel the timing of this transaction is
perfect.Oil prices continue to rise and the current economic slowdown is
challenging
for the transportation industry. Everyone is desperately seeking to reduce fuel
costs
and operate more efficiently. We have the answers."

    About NuState Energy Holdings, Inc.

    NuState is a technology company specializing in providing pertinent,
real-time
information to the worldwide transportation and security industries. Our
telematics solutions collect vehicle and container-based data and integrate it
with
information gathered from various disparate legacy systems across the supply
chain.
The data is then synthesized and reformatted into valuable, actionable
information, and delivered to appropriate end-users across the logistics
value chain through secure web-based applications. Specific offerings include:
vehicle tracking, inventory/asset visibility, secure trucking, matching
available
freightwith available trucks, and many others. Additionally, NuState owns
Commodity
Express Transportation, a freight transportation operation currently serving the
southeastern United States.

    About Rentar Environmental Solutions, Inc.

    Rentar manufacturers the Rentar Fuel Catalyst that is verified to reduce
fuel
consumption, particulate matter and greenhouse gases such as CO2 and NOx.
Rentar's customers include numerous Fortune 500 Companies, state and local
governments, and many foreign entities. Rentar has approximately 10,000 units
deployed
worldwide.

    This press release includes certain forward-looking statements within the
meaning of Section 27A of the Securities Act of 1933, as amended, and Section
21E of the Securities Exchange Act of 1934, as amended. Such forward-looking
statements include, but are not limited to, statements regarding our current
business plans, strategies and objectives that involve risks and uncertainties
that could cause actual results to differ materially from anticipated results.
The forward-looking statements are based on our current expectations and what
we believe are reasonable assumptions; however, our actual performance, results
and
achievementscould differ materially from those expressed in, or implied by,
these
forward-looking statements. Factors, within and beyond our control, that could
cause or contribute to such differences include, among others, the following:
we have a history of losses and an accumulated deficit, expect losses to
continue for the foreseeable future and will need to raise additional working
capital in order to implement our business model and sustain our operations;
the loss of one or more of our major customers could materially and adversely
effect our future revenue and business operations; as well as those factors
discussed under "Risk Factors" in our Annual Report on form 10-KSB filed on
October 15, 2007 and various disclosures in other reports filed from time to
time
with the United States Securities and Exchange Commission.

    

For further information contact:
Richard Hersh
Chairman
(561) 998-7557 x 302
email: rhersh@mydriverseat.com

Copyright 2008, Market Wire, All rights reserved.

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