Business & Finance
Business and Finance
Business and Finance 
Tue, May 25, 2010
Solutions Group, Inc. Signs a Distribution Agreement for the idriveX1 Product While Introducing the Decelerator to the European
SANTA BARBARA, Calif.--([ BUSINESS WIRE ])--Solutions Group, Inc. (OTC:SOLU) announces that its President Sean Oa™Neil has traveled to Europe to further increase distribution efforts for the companya™s automotive product lines, the Decelerator from its Smart Throttle Technologies subsidiary and the idriveX1 from idrive Monitoring Systems.
"I conducted meetings in Europe personally to evaluate the automotive industry needs for the introduction of our Decelerator, the low-cost solution to the Sudden Unintended Acceleration (SUA) problem plaguing auto makers in Europe as well as in the U.S."
Sean Oa™Neil, Solutions Groupa™s President, stated, aI conducted meetings in Europe personally to evaluate the automotive industry needs for the introduction of our Decelerator, the low-cost solution to the Sudden Unintended Acceleration (SUA) problem plaguing auto makers in Europe as well as in the U.S.a Oa™Neil stated that he did more fact finding on the part of the Decelerator to determine the exact need.
In addition, SOLU signed 1 distributor for the idrive product line and had positive discussions with 11 more including 2 that gave verbal go ahead to carrying the product with paperwork to follow soon.
Sean Oa™Neil stated that the trip was very productive. aA lot of pertinent information was collected, and the signing of an agreement with distributor Veda Consulting was a great first step. Veda has many other contacts in the region.a SOLU continues its talks with 12 other new distributors in 8 countries for the idrive line of products. The company has established relationships in Germany, Austria and Israel.
With this step we can anticipate a steady and calculated growth to sales in both product lines, here in the US and abroad.
About Solutions Group:
About Solutions Group Corp: Solutions Group (SGI) is an international provider of Engineering Services and innovative products focused around the Automotive and Transportation Industry. The Company seamlessly integrates its regional design centers in North America with its lower cost off-shore engineering locations in Europe and Mexico to provide a greater pool of engineering talent 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. SGIa™s customers currently include major Fortune 500 companies, small and mid-range OEMs and sales to the general public.
For more information please visit our website at: [ www.solutionsgroupcorp.com ]
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