SOURCE: TGI Solar Power Group Inc.

TGI Solar Power Group Inc.

December 16, 2010 16:42 ET

TGI Acquires Worldlink's License for $10 Million

RED BANK, NJ--(Marketwire - December 16, 2010) - TGI Solar (PINKSHEETS: TSPG), diversified holding company, announced today that it has acquired a license and rights to offer Worldlink's patent protected technology platform for the transfer of real time financial and other data to mobile devices. TGI shall offer these products and services through its wholly owned subsidiary Worldlink Data Inc. (WLD). Neil A. Riches, Worldlink's founder and Managing Director, will join TGI's Board of Directors and assist with launching WLD in the US.

TGI shall pay for the purchase with its preferred stock, which will have convertibility option into common, upon reaching certain criteria, and will give Worldlink Group plc substantial equity position in TGI. Working capital to launch WLD shall be provided initially by Worldlink Group plc through arrangement with FMS Group, in the amount of Euro 5MM.

About Worldlink Group Plc

Worldlink, one of the fastest growing providers of real-time data products and services to mobiles and desktops, founded by Neil Riches, owns a patent protected technology platform for the transfer of real time financial and other data to mobile devices. The patent is protected in both the UK, US and is pending in Europe. The patented technology allows the development of mobile applications that provide data and information which can be delivered, displayed and updated instantly. The technology allows access to the markets, share prices and latest news, where and whenever it is needed. The patented process and method allows changing data to be sent efficiently across mobile telecommunications networks as only the changed data is transmitted. Initially developed to deliver financial information to a mobile device, the technique is applicable to any changing data such as travel or sports information. Worldlink's unique patented methodology applies to all mobile devices, all mobile operating systems and all mobile telecommunications networks. A key strength of the patent is that the commercial value increases as future technologies become available.

About FMS Group

FMS Group is an institutional investor and fund manager with offices throughout Asia and North America. Its main office is in Singapore.

The FMS Group personnel and alliance partners have developed an exemplary track record with total transactions completed in excess of US$4.5 billion from 2004 to 2009.

About TGI Solar

TGI SOLAR POWER GROUP INC. (www.tgisolar.com) is a diversified holding company. The Company offers its products and services to clients on a worldwide basis and currently maintains JVs and strategic alliances with installation, integration and energy consulting firms. TGI's strategy is to acquire new patented technologies, components, processes, designs and methods with commercial value that will give market advantage and generate shareholder value.

Safe Harbor Statements under the Private Securities Litigation Reform Act of 1965: Those statements contained herein which are not historical are forward-looking statements, and as such, are subject to risks and uncertainties that could cause actual operating results to materially differ from those contained in the forward-looking statements. Such statements include, but are not limited to, certain delays that are beyond the company's control, with respect to market acceptance of new technologies, or product delays in the testing and evaluation of products, and other risks, as detailed in the company's periodic filings with the Securities and Exchange Commission.

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