2009-11-10 14:12:20 -
SANTA BARBARA, CA -- (Marketwire) -- 11/10/09 -- Solutions Group, Inc. (PINKSHEETS: SOLU) announced today that its subsidiary idrive Monitoring Systems' X1 product has been cleared by the city of Seattle for installation as a safety device. Dubbed the "X1 Seattle" by insiders, a series of modifications needed to be made to qualify and be allowed to be installed in the city's taxis. "The use of the cameras is increasing quickly as they have been proven to reduce accidents and other incidents which translate into greater cost savings for the company operators and significant safety for the cities that employ them. They are the future," stated Steve Jones, a leading taxi Insurance Broker at Key Insurance in Tukwila, Washington.
"I believe that we are currently the only company that has the permission from the city to proceed with the installation of video event data recorders at this time," remarked Curt Andrews, a Sales Agent for idrive.
"We believe there is a great market in Seattle and the northwest and we intend on supporting it," he continued.
Seattle has mandated security cameras for all taxis it regulates, but the security cameras offer the taxi drivers protection from assaults and robberies, but do nothing for accident investigation or behavior modification. idrive successfully persuaded the City of Seattle that there was a need for driver behavior modification and accident event recorders, and worked with the City to engineer X-1 Seattle to do that. To support the strict privacy rules enforced in Seattle, the inside camera and all audio capabilities where removed from the idrive X1 device.
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 :
About World Market Media:
World Market Media utilizes cutting edge social media platforms to connect the world's securities exchanges and their various investment communities with the goal of creating the world's first Global Online Investment Community. WMM implements innovative media solutions to produce real market results delivering in-house services including IR 2.0, online advertising, marketing, social media solutions, web-traffic, search marketing, web development, branding and audio/video and motion graphics production.
View this release in video format:
www.vodnewswire.com/vodnewswire/news/solutionsgroup-20091110/ :
World Market Media will consistently release breaking news and content updates on Solutions Group at: www.WorldMarketMedia.com/SOLU :
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.
Add to Digg :
Bookmark with del.icio.us :
Add to Newsvine :
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 :
