SANTA BARBARA, CA, April 5, 2010 -- Solutions Group, Inc. (PINKSHEETS: SOLU) announced that it is preparing to provide a totally independent brake override safety system to ALL 40 million plus cars built over the years by Toyota Motor Company that utilizes their electronic throttle control system (ETCS).
Solutions Group, Inc. closed at $0.15 Monday, trading 6,054,899 shares.
Solutions Group, Inc. (SOLU) Offers Fix for 40 Million Toyotas
About Solutions Group
Solutions Group (SGI) has a history of being a world class 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. SGI's customers currently include major Fortune 500 companies, small and mid-range OEMs and sales to the general public.
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SALT LAKE CITY, April 5, 2010 -- TechniScan, Inc. (OTCBB: TSNI), a medical device company engaged in the development and commercialization of an automated breast ultrasound imaging system, today announced that it had closed the first $1.85 million of a proposed $2.5 million bridge financing, structured as convertible debt, with accredited investors.
TechniScan, Inc. closed at $1.00 Monday, trading 17,940 shares.
TechniScan Closes Bridge Financing
About TechniScan, Inc.
Based in Salt Lake City, TechniScan, Inc. is a medical device company engaged in the development and commercialization of a non-invasive imaging tool designed to provide physicians with automated ultrasound images of the human breast. The system uses a process called Warm Bath Ultrasound™ (WBU) to provide physicians with automated, 3D, ultrasound images of the physical structures within the breast. TechniScan's WBU™ imaging device is limited by U.S. law to investigational use unless, and until, cleared by the FDA. For more information, please visit techniscanmedical.com.
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