SOURCE: Solutions Group, Inc.

June 24, 2011 09:15 ET

Solutions Group, Inc., Announces Partnership With Major Transportation Insurance Company Through Its Subsidiary, Idrive

SANTA BARBARA, CA--(Marketwire - Jun 24, 2011) - Solutions Group, Inc. (PINKSHEETS: SOLU) through its subsidiary, Idrive Monitoring Systems, announces a partnership with a major insurance company.

After over a year of negotiation and qualification, Solutions Group is proud to announce that a definitive agreement to sell Idrive cameras to qualified customers of the insurance company has been signed. Terms of the contract prohibit the release of the insurance company's name; however, a future announcement is expected. A customer loyalty program developed by the insurance company provides subsidized video event recorders (Idrive cameras) to its loyal customers to enhance driver safety and reduce costs through lower premiums and less payouts. Each Idrive camera retails for around $675 and sales of 3,000 to 5,000 cameras annually were discussed with the insurance company.

"With the significant amount of time and energy we have put into this deal I am very pleased that we have joined forces in an effort to better drivers, protect fleets and most importantly keep our roads safe," stated Idrive's Sales Vice President, Curt Andrews. Andrews continued saying, "Other insurance companies have already contacted us regarding similar programs. Partnering with insurance companies will definitely increase our sales in the near and long term."

Idrive is currently taking orders for cameras to be delivered to the insurance company's customers and expects the orders to continue to increase over the coming months.

About Solutions Group, Inc.: (SGI) is a provider of products focused around the Automotive and Transportation Safety Industries. SGI strives to create value for its shareholders by leveraging its core engineering competencies into other opportunities including royalty partnerships, intellectual property creation and selective acquisitions. SGI is the maker of Idrive and theDecelerator product lines.

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This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may," "future," "plan" or "planned," "will" or "should," "expected," "anticipates," "draft," "eventually" or "projected." You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements.

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