CORAL SPRINGS, FL / ACCESSWIRE / December 8, 2014 / Trans Global Group, Inc. (OTC PINK: TGGI) is pleased to announce the development of a strategic partnership with Arrow Electronics, Inc. traded on the NYSE: ARW, a Fortune 150 company with sales over $21 billion for fiscal 2013.

Arrow, in addition to providing a generous line of credit, will supply LED components and lighting for TGGI and will provide introductions to qualified manufacturers for the specialty LED lighting products. Arrow will either submit, or assist TGGI's manufacturer in submitting, the product specifications to United Laboratories so TGGI can obtain UL numbers for its specialty LED lighting products.

After the TGGI contracts a qualified manufacturer for its specialty LED marijuana grow lights and the design and UL phase is complete, TGGI expects to receive a written commitment from a licensed entity in Colorado that will perform a series of comparison and quality control tests. The tests are expected to show all the advantages to using TGGI's specialty LED marijuana grow lights verse the current industry grow lights. Some of the advantages that are expected to be tested and proven are:

1) A greater harvest amount (yield) per cycle increasing profits for each cycle

2) Faster grow cycle which could create an extra harvest cycle per year increasing year end profits

3) Companies will experience large savings on their electric bill

4) Companies won't have to deal with the extreme heat that the other standard lights put off

5) TGGI will provide a strict nutrient system for the grow cycle

TGGI, for the last five months, has had several meetings with the designer and manufacturer for the specialty LED marijuana grow lights and is currently in final negotiations. In addition, the Company has pre-selected a licensed entity in Colorado for testing and expects to contract them after the manufacturer contract is completed.

TGGI plans to sell the specialty LED marijuana grow lighting products through new subsidiaries that will be setup to handle marketing and sales to licensed entities in the legalized marijuana states. 

About Arrow Electronics, Inc:

Arrow Electronics is a global provider of products, services and solutions to industrial and commercial users of electronic components and enterprise computing solutions, with 2013 sales of $21.4 billion. Arrow serves as a supply channel partner for over 100,000 original equipment manufacturers, contract manufacturers and commercial customers through a global network of more than 460 locations in 58 countries.

A Fortune 150 company with 16,500 employees worldwide, Arrow brings technology solutions to a breadth of markets, including telecommunications, information systems, transportation, medical, industrial and consumer electronics.

Arrow provides specialized services and expertise across the product lifecycle. Arrow does this by connecting customers to the right technology at the right place at the right time and at the right price.

Arrow provides extraordinary value to customers and suppliers - the best technology companies in the world - and connects them through the company's industry-leading services.

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.

For additional information about this release please contact:

Christopher J Clarke

954-509-3749

 

SOURCE: Trans Global Group, Inc. 

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