SOURCE: Trans Global Group, Inc.

February 09, 2010 16:05 ET

TGGI Receives $500,000 Funding Commitment

FORT LAUDERDALE, FL--(Marketwire - February 9, 2010) - Trans Global Group, Inc. (PINKSHEETS: TGGI) and its wholly owned subsidiary, Ecosafe Insulation of FL ("ECOFL") (, have received a funding commitment for $250,000 and can be increased to $500,000.

The funding will be used by ECOFL to build trailers which will be sold to installers and for marketing. ECOFL receives around 20 inquiries a month from people wanting to either start a new business or add to their existing business. Having the trailers made and available at the Brooksville, FL location will help expedite bringing on new installers.

ECOFL will use part of the funds to launch a media campaign in Florida to help alert people about the foam and its benefits to the home owner.

The Company believes all other remarks made in the release to be accurate to the best of their knowledge.

The foregoing press announcement contains forward-looking statements that can be identified by such terminology such as "believes," "expects," "potential," "plans," "suggests," "may," "should," "could," "intends," or similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results to be materially different from any future results, performance or achievements expressed or implied by such statements. In particular, management's expectations could be affected by, among other things, uncertainties relating to our success in completing acquisitions, financing our operations, entering into strategic partnerships, engaging management and other matters disclosed by us in our public filings from time to time. Forward-looking statements speak only as to the date they are made. The Company does not undertake to update forward-looking statements to reflect circumstances or events that occur after the date the forward-looking statements are made.

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