SOURCE: Solutions Group, Inc.

Solutions Group, Inc.

February 17, 2010 09:45 ET

Solutions Group Subsidiary idrive Announces Strategic Las Vegas Trial

SANTA BARBARA, CA--(Marketwire - February 17, 2010) -  Solutions Group, Inc. (PINKSHEETS: SOLU) today announced that its subsidiary IDRIVE MONITORING SOLUTIONS SRL., has entered into a strategic relationship with several Las Vegas taxi companies. Idrive will provide cameras for evaluation, with the intention that within a few weeks these taxi companies will order up to 2000 idrive X-1 cameras for installation. These companies have utilized another simpler Video Event Recorder (VEDR) for several years, and have chosen the idrive X-1 to test as their next generation sophisticated VEDR.

Stefan Dragomir, President of idrive, said, "Las Vegas is a key market for us. Every taxi and many limousines in the city already have VEDRs and many have expressed dissatisfaction with their current supplier. Idrive is excited to work with these industry leaders to supply them with VEDRs that provide better driver safety and protection, while recording real time operating data for limiting liabilities. There are currently over 5,000 VEDRs in Las Vegas, and idrive intends to replace all of them in the next 12 months with our better, more effective and economical idrive X-1 model that is setting standards for the industry."

More information can be found about the idrive product online at www.idrive.pro.

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

View this release in video format: http://www.vodnewswire.com/vodnewswire/news/solutionsgroup-20100217/

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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

    StockProfiler.US
    Andy Emanuel
    +1 603-424-4422
    andyemanuel@StockProfiler.USLLC