SOURCE: TGI Solar Power Group Inc

TGI Solar Power Group Inc

March 01, 2011 09:37 ET

TGI EKOPLAZ Unit Retains Inventor as Technical Advisor

RED BANK, NJ--(Marketwire - March 1, 2011) - TGI Group (PINKSHEETS: TSPG), a diversified holding company, announced today that it retained V. Goloveshko, one of the original inventors of EKOPLAZ Technology, as its technical advisor, to assist with final preparation and authoring of patent applications as well as help with fulfilling requests for sales and installation of EKOPLAZ equipment.

Mr. V. Goloveshko represents an engineering group that will lead EKOPLAZ to the next level -- from being an experimental technology to solving problems and revolutionizing the treatment of solid, toxic and medical waste. The arrangement also calls for the group led by V. Goloveshko to receive equity of up to 30% as milestones are met. While no sales have been made to date, management is very pleased with the amount of inquiries and various proposals for solving solid waste problems. Other waste issues include energy arrangements such as implementing technology for clean coal burn.

EKOPLAZ's product line consists of units of various sizes and capabilities, from a small mobile unit, that would be most appropriate for the cleanup of hazardous waste or disaster areas, to stationary units to serve communities or municipalities with functions that include producing energy, cleaning up waste and water purifying capabilities. Engineering and production of basic units should take 4 to 6 months.

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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