New York, NY – Small Cap Company Solutions Group, Inc. (PINKSHEETS: SOLU) reports positive news regarding managed services for idrive customers.
Beginning April 1, customers of idrive monitoring systems can opt for the new idrive service to process, review and determine the severity of an event that comes from the customers' in-vehicle recordings. Utilizing two offshore locations, and beginning with 25 direct employees, idrive is well positioned to offer this initial service.
Pricing has not been set but is expected to be in the $20-$30 per camera per month range. "With nearly a third of our customers asking for this service, it was only natural that we add it to our product offering. In addition, this fits very well with our business model as it creates a recurring revenue stream, at the same time as it simplifies our clients' use of idrive," stated Stefan Dragomir, President of idrive Monitoring Systems, srl.
Based on visibility, idrive expects this service to add up to 3 million dollars in Revenue to 2010.
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About Solutions Group, Inc. PINKSHEETS: SOLU
Solutions Group, Inc. is a small cap company and 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.
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