Santa Barbara, CA –March 29, 2010— StockProfiler.US, LLC is pleased to announced that Solutions Group, Inc. (PINKSHEETS: SOLU) announced today that it has acquired a controlling interest in Ventura based Smart Throttle, LLC. Smart Throttle designed and developed the DECELERATOR, as the first failsafe solution to the international problem of Sudden Unintended Acceleration (SUA). This phenomenon, made famous by the numerous reported problems facing Toyota Motors and the auto industry in recent weeks, has allegedly killed several people. Corrective measures have been in progress, but elusive, until now. The DECELERATOR is the solution. The DECELERATOR device is currently patent pending and is being handled by James Dawson of Law firm Koppel, Patrick, Heybl & Dawson.
Don Cook, President of Solutions Group subsidiary Smart Throttle Technologies and inventor of the DECELERATOR stated:”In view of its size and market presence, SOLU is a perfect fit in rapidly bringing to market the SUA fix with our market changing technologies. Having already forged a path with its IDRIVE product for vehicle control, we are now perfectly positioned to lead the market and fix the SUA problem once and for all.” Sean O’Neil, SOLU’s CEO added, “This affordable product is absolutely astounding and we are getting it manufactured and to market immediately for the benefit of all drivers who may be facing SUA and the general public at large.”
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About Solutions Group Corp.
Solutions Group (SGI) has a well established history of being an international provider of Managed Engineering Services and Products in the Automotive Field. 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
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.
For more information, visit www.solutionsgroupcorp.com, or contact the company at
Contact:
Kim Carroll
Tel. + 949-630-9831
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