SANTA BARBARA, CA — (Marketwire) — 12/08/09 — Solutions Group, Inc. (PINKSHEETS: SOLU) announced that its subsidiary, idrive Monitoring Systems, signed a distributer agreement with Beek Movil to supply idrive X1 devices in Mexico.
Mexico-based Beek Movil, who sells and installs GPS devices, agreed to terms with idrive monitoring systems last week. Under the terms of the agreement, Beek will stock, sell and install the idrive X1 exclusively in Mexico.
Stocks are sharply higher following better than expected November employment data
Stock prices are surging in early trading after the government said the nation’s jobless rate dropped to 10 percent in November and far fewer jobs were lost.
The Labor Department says the economy shed 11,000 jobs last month, an improvement from October’s revised total of 111,000. That’s also much better than the 130,000 job losses that Wall Street economists expected.
RENO, NV — (Marketwire) — 12/03/09 — Solutions Group, Inc. (PINKSHEETS: SOLU), a provider of managed engineering services, is getting the attention of the insurance industry in a big way, having just signed up their second insurance company in a month to purchase its idrive X1, a video data recorder that records events such as accidents.
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Sean Oneil stopped by SmallCapVoice.com to discuss how his company Solutions Group, Inc. (OTCPK: SOLU), 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 their website at: www.solutionsgroupcorp.com.
Stocks turn mixed as contraction in the service industry fuels concerns about an economic recovery
Stocks are paring their gains as unexpected weakness in the service industry stirs worries about the economy’s ability to recover.
The Institute for Supply Management says Thursday its service industry index has fallen to 48.7 in November from 50.6 in October. That’s well below the reading of 51.5 analysts had been expecting and signals contraction in the industry.
SANTA BARBARA, CA — (Marketwire) — 12/02/09 — Solutions Group, Inc. (PINKSHEETS: SOLU) and its subsidiary idrive Monitoring Systems announced a partnership with ARI Insurance Company, one of the largest insurance companies in New Jersey supplying commercial and fleet auto insurance. Under the agreement, ARI, who specializes in commercial automobile insurance, has agreed to purchase multiple idrive X1 cameras to supply to their clients over an extended period of time. To cement the relationship, ARI has placed an initial substantial order.