SOURCE: Solutions Group, Inc.

November 03, 2009 08:00 ET

Solutions Group Announces Successful Demonstration at TLPA Trade Show

SANTA BARBARA, CA--(Marketwire - November 3, 2009) - Solutions Group, Inc. (PINKSHEETS: SOLU) announced today that it has demonstrated its revolutionary idrive X1 product from its subsidiary idrive Monitoring Systems to various interested national and international buyers in the transportation market at the TLPA (Taxi, Limousine and ParaTransit Exhibition) show in Las Vegas, Nevada earlier this month. TLPA, where new innovation, products and services meets the world's fleet owners, is the United States' largest yearly transportation show, visited by traders and buyers from all over the world.

Curtis Andrews a Sales Agent for idrive had the opportunity to present the revolutionary device to various national and international fleet owners and distributors in the transportation, livery, vehicle safety and insurance business. These presentations resulted in a lot of exciting opportunities. Marketing targeted at the insurance industry was of significant success. Several major companies expressed the need for the product, which has been proven to help reduce insurance risk by driver modification and monitoring, and hailed it as "long overdue."

SOLU is targeting a few other channels as represented at the show and also sought to strengthen its distribution channels. SOLU also set up for continued serious talks with a distributor for Latin American distribution and is close on terms. The distributor will handle sales in Mexico and several other Central and South American countries.

Mr. Andrews, President of Tranzportek, LLC, an idrive distributor, commented, "We are confident that orders will be placed in the near future by these contacts as many expressed the desire to implement and sell the systems as soon as they come out of production."

About Solutions Group, Inc.:

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