Solutions Group Subsidiary idrive Announces Strategic Las Vegas Trial
February 17 2010 - 9:45AM
Marketwired
Solutions Group, Inc. (PINKSHEETS: SOLU) today announced that its
subsidiary IDRIVE MONITORING SOLUTIONS SRL., has entered into a
strategic relationship with several Las Vegas taxi companies.
Idrive will provide cameras for evaluation, with the intention that
within a few weeks these taxi companies will order up to 2000
idrive X-1 cameras for installation. These companies have utilized
another simpler Video Event Recorder (VEDR) for several years, and
have chosen the idrive X-1 to test as their next generation
sophisticated VEDR.
Stefan Dragomir, President of idrive, said, "Las Vegas is a key
market for us. Every taxi and many limousines in the city already
have VEDRs and many have expressed dissatisfaction with their
current supplier. Idrive is excited to work with these industry
leaders to supply them with VEDRs that provide better driver safety
and protection, while recording real time operating data for
limiting liabilities. There are currently over 5,000 VEDRs in Las
Vegas, and idrive intends to replace all of them in the next 12
months with our better, more effective and economical idrive X-1
model that is setting standards for the industry."
More information can be found about the idrive product online at
www.idrive.pro.
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
View this release in video format:
http://www.vodnewswire.com/vodnewswire/news/solutionsgroup-20100217/
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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
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