RED BANK, N.J., June 21, 2011 /PRNewswire/ -- TGI Group (PINK
SHEETS: TSPG), diversified holding company, today announced the
appointment of Alexander Dekhtyar as
President of Edgetech Systems Inc. Mr. Dekhtyar will be in charge
of developing the Company's U.S. and International business. Mr.
Dekhtyar will be involved in further development of the Company's
online trading platform and new products, which represents a new
market and potential revenue stream for the Company. As new
president, Mr. Dekhtyar's responsibilities will include strategic
planning, administration, compliance and marketing as well as
further develop an executive team to take Edgetech to the next
level.
Mr. Dekhtyar has over fifteen years experience in the management
of startup companies, including ten years involved specifically in
Forex. He is sought after for his abilities to take companies with
promising technologies and properly structure them to allow them to
successfully achieve their business strategies. He decided to join
the Company after a careful due diligence into the marketability of
retail trading platforms.
"We are excited to have Mr. Dekhtyar join our company. His
experience as an entrepreneur, corporate executive, and FOREX
trader will be important as we expand our operations here in
the United States and abroad,"
stated Henry, Val CEO of TGI, Edgetech's Holding company. "We will
continue Edgetech operations in our Beverly Hills office and
currently are considering relocating our Marketing office to
New York City, for it is vital to
have presence in the financial center of the world."
Edgetech continues development of the system into a multi-asset
class trading platform and looking to add to it social environment
for the traders to share information and ideas. The platform
currently supports foreign exchange, precious metals and other
contracts.
This purchase comes in light of recent developments, when TGI
entered into an agreement with Worldlink Group plc (WLO1), which
has patent protected technology platform for the transfer of real
time financial and other data to mobile devices and also recently
acquired trading platform and creation Edgetech Systems Inc.
About Edgetech Systems Inc
Edgetech software includes a front end trading interface, a back
office reporting and management system and gateways to liquidity
providers, also currently supports foreign exchange and contracts
for difference transactions, and has been successfully implemented
in demo and live environments by several registered financial
companies and is being used by their clients. TGI shall have the
right to develop this source code into a multi-asset class trading
platform or make any other modifications it desires to make. All
modifications of the source code shall belong to TGI, and TGI shall
retain all rights to these modifications.
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.
Contact:
Henry Val
Info@tgisolar.com
SOURCE TGI Group