SOURCE: Trans Global Group Inc.

February 25, 2010 08:00 ET

TGGI to Rename Its Wholly Owned Subsidiary

FORT LAUDERDALE, FL--(Marketwire - February 25, 2010) - Trans Global Group, Inc. (PINKSHEETS: TGGI) and its wholly owned subsidiary, Ecosafe Insulation of FL ("ECOFL") (www.ecosafeus.com), have decided to rename Ecosafe Insulation of FL, LLC so it is not confused with another company.

TGGI purchased Ecosafe, Inc and its subsidiary Ecosafe Insulation of FL, LLC and kept the name because of a joint venture the company was involved with, but has since realized the similar name has caused more confusion. 

TGGI operates a sales and distribution company for eco friendly foam insulation that can be used to retrofit existing homes and businesses. TGGI has a sales and installation facility in Brooksville, FL, which will operate as the hub for the Eastern part of the country. A second center will open shortly in South Carolina.

ECOFL attended its first trade show in Orlando last week with encouraging results. The booth had steady traffic and Company representatives will be following up on all leads generated on the new foam and installer packages.

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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