RED BANK, N.J., July 21, 2011 /PRNewswire/ -- TGI Group (Pink
Sheets: TSPG), www.tgisolargroup.com a diversified holding company,
announced today that Edgetech Systems Inc., has added a user risk
management tools to platform, which provides more research and
analytics to trading platform EDGETECH Pro.
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.
In other company news and announcements, the company is
currently entertaining an all cash purchase offer for the Edgetech
assets, with future revenue sharing paid in equity. This offer
comes to TSPG management in the 11th hour on the cusp of our pre
launch. The management feels that this is a significant event which
warrants a release as the potential profit for TSPG could be
quite substantial in the several million dollar range. Moreover,
the company share structure will be updated on OTC Markets shortly
with the free trading shares and the float remaining undisturbed.
The collateral provided by the company via restricted shares
through a subsequent filing on OTC Markets will address the
issuance of these restricted shares, and the company's buy back
rights.
Details will follow shortly.
About Manage Vision Inc.
Manage Vision's software suite provides managers, senior
management and stakeholders the information they need to monitor
operations and project deliverables in a way that permits informed
decisions that introduce corrective action early, when it is least
costly to the enterprise. It enables management to better govern
day-to-day operations as well as specific project management.
The company's software suite offers instant transparency and
accountability; one central repository for all information, dynamic
on-demand reports, real time access from anywhere and a flexible
design with high security
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 Worldlink Group Plc
Worldlink, one of the fastest growing providers of real-time
data products and services to mobiles and desktops, founded by
Neil Riches, owns a patent protected
technology platform for the transfer of real time financial and
other data to mobile devices. The patent is protected in both the
UK and US, and is pending in Europe. The patented technology allows the
development of mobile applications that provide data and
information which can be delivered, displayed, and updated
instantly. The technology allows access to the markets, share
prices, and latest news, where and whenever it is needed. The
patented process and method allows changing data to be sent
efficiently across mobile telecommunications networks as only the
changed data is transmitted. Initially developed to deliver
financial information to a mobile device, the technique is
applicable to any changing data such as travel or sports
information. Worldlink's unique patented methodology applies to all
mobile devices, all mobile operating systems and all mobile
telecommunications networks. A key strength of the patent is that
the commercial value increases as future technologies become
available.
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:
Investor Relations
1-647-426-1640
www.minamargroup.net/helpdesk
Investor Relations Department Inquiries
www.minamargroup.net
For M&A and Corporate Matters
www.minamargroup.com
SOURCE TGI Solar Power Group Inc.