SOURCE: Solutions Group, Inc.

February 04, 2011 10:05 ET

Solutions Group, Inc. CEO Discusses Successful Launch in 2010

SANTA BARBARA, CA--(Marketwire - February 4, 2011) - Solutions Group, Inc. (PINKSHEETS: SOLU) -- Solutions Group, Inc. launched several products in 2010 and is anticipating significant growth in 2011.

In 2010, Solutions Group's Idrive camera products moved from the beta phase to full production. It also introduced additional products and services. Solutions Group sold $700,000 in newly marketed Idrive products. In addition, Solutions Group was able to grow its customer base, which it hopes to benefit from in 2011. Solutions Group has also been developing several other automotive safety devices that it hopes to start launching throughout the year.

"We are very happy with our progress and I believe we are entering 2011 well positioned for success," stated Sean J O'Neil, CEO of Solutions Group, Inc.

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.

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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.

Contact Information

  • Sean J O'Neil