SOURCE: Solutions Group, Inc.

Solutions Group, Inc.

December 08, 2009 16:00 ET

Solutions Group, Inc. Announces Mexico Distribution Agreement With Beek Movil

SANTA BARBARA, CA--(Marketwire - December 8, 2009) - Solutions Group, Inc. (PINKSHEETS: SOLU) announced that its subsidiary, idrive Monitoring Systems, signed a distributer agreement with Beek Movil to supply idrive X1 devices in Mexico.

Mexico-based Beek Movil, who sells and installs GPS devices, agreed to terms with idrive monitoring systems last week. Under the terms of the agreement, Beek will stock, sell and install the idrive X1 exclusively in Mexico.

Stefan Dragomir, president of idrive, said that he was "glad to have a company of this stature, who is a leader in their industry, choose to represent idrive. We see Mexico as an important strategic market for our product line. Working with a best-in-class company like Beek will help ensure the success of the X1 in this important market."

Beek Movil has recently been included into the National Registry of Scientific and Technology Institutions and Enterprises (RENIECYT) from the Science and Technology National Committee of Mexico (CONACYT). For more information about Beek Movil, visit www.beekmovilmedia.com

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.

For more information please visit our website at: www.solutionsgroupcorp.com

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World Market Media will consistently release breaking news and content updates on Solutions Group at: www.WorldMarketMedia.com/SOLU

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
    editor@worldmarketmedia.com