SOURCE: Solutions Group, Inc.

Solutions Group, Inc.

December 01, 2009 16:00 ET

Solutions Group Announces Participation in Nation Wide Teen Driver Study

SANTA BARBARA, CA--(Marketwire - December 1, 2009) - Solutions Group, Inc. (PINKSHEETS: SOLU) announced that its subsidiary idrive Monitoring Systems has been chosen to participate in a comprehensive study of teen driving habits. The study, being conducted by a national independent research firm, will provide data to one of the largest writers of personal insurance in the United States. The driving habits of teens will be monitored and documented using the idrive X1. The results will be studied for the purpose of creating training and other safety methods to reduce accident rates in young inexperienced drivers.

"We are very excited to have been chosen for this prestigious study of inexperienced drivers," said Stefan Dragomir, President of idrive Monitoring Systems. "Several other data collection sources were considered, and idrive was chosen as the best solution for this project due to its superior performance and cost structure. This study should result in methods to decrease accident rates on U.S. highways, and save lives of teen drivers."

The study is set to begin in January 2010, and continue through the summer. Results will be released in the third quarter of 2010.

About Solutions Group:

Solutions Group is an international provider of Managed Engineering Services. The Company seamlessly integrates its regional design centers in North America with its lower cost off-shore engineering locations in Romania and Mexico to provide exceptional blended pricing solutions and reduced product design cycle times. Solutions Group creates greater value for its shareholders by leveraging its core engineering competencies into other opportunities including royalty partnerships, intellectual property creation and selective acquisitions. SGI's customers currently include major Fortune 500 companies, small and mid-range OEMs and early stage product companies.

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This press release contains forward-looking statements that are made pursuant to the Safe Harbor Provisions of the Private Securities Litigation Reform Act of 1995, particularly those statements regarding the effects of the proposed transaction and those preceded by, followed by or that otherwise include the words, "believes," "expects," "anticipates," "intends," "estimates," or similar expressions. Forward-looking statements relating to expectations about future results or events are based upon information available to The Company as of today's date, and The Company does not assume any obligations to update any of these statements. The forward-looking statements are not guarantees of the future performance of The Company and actual results may vary materially from the results and expectations discussed.

Contact Information

  • Contact:

    Solutions Group, Inc.
    Kim Carroll
    Investor Relations
    +1 949 630 9831

    World Market Media, Inc.
    Executive Editor
    +1 877 801 8408