Solutions Group Announces Participation in Nation Wide Teen Driver Study
December 01 2009 - 4:00PM
Marketwired
Solutions Group, Inc. (PINKSHEETS: SOLU) announced that its
subsidiary idrive Monitoring Systems has been chosen to participate
in a comprehensive study of teen driving habits. The study, being
conducted by a national independent research firm, will provide
data to one of the largest writers of personal insurance in the
United States. The driving habits of teens will be monitored and
documented using the idrive X1. The results will be studied for the
purpose of creating training and other safety methods to reduce
accident rates in young inexperienced drivers.
"We are very excited to have been chosen for this prestigious
study of inexperienced drivers," said Stefan Dragomir, President of
idrive Monitoring Systems. "Several other data collection sources
were considered, and idrive was chosen as the best solution for
this project due to its superior performance and cost structure.
This study should result in methods to decrease accident rates on
U.S. highways, and save lives of teen drivers."
The study is set to begin in January 2010, and continue through
the summer. Results will be released in the third quarter of
2010.
About Solutions Group:
Solutions Group is an international provider of Managed
Engineering Services. The Company seamlessly integrates its
regional design centers in North America with its lower cost
off-shore engineering locations in Romania and Mexico to provide
exceptional blended pricing solutions and reduced product design
cycle times. Solutions Group creates greater value for its
shareholders by leveraging its core engineering competencies into
other opportunities including royalty partnerships, intellectual
property creation and selective acquisitions. SGI's customers
currently include major Fortune 500 companies, small and mid-range
OEMs and early stage product companies.
For more information please visit our website at:
www.solutionsgroupcorp.com
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This press release contains forward-looking statements that are
made pursuant to the Safe Harbor Provisions of the Private
Securities Litigation Reform Act of 1995, particularly those
statements regarding the effects of the proposed transaction and
those preceded by, followed by or that otherwise include the words,
"believes," "expects," "anticipates," "intends," "estimates," or
similar expressions. Forward-looking statements relating to
expectations about future results or events are based upon
information available to The Company as of today's date, and The
Company does not assume any obligations to update any of these
statements. The forward-looking statements are not guarantees of
the future performance of The Company and actual results may vary
materially from the results and expectations discussed.
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Contact: Solutions Group, Inc. Kim Carroll Investor Relations +1
949 630 9831 World Market Media, Inc. Executive Editor +1 877 801
8408 editor@worldmarketmedia.com
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