Free press releases distribution network?

Agency / Source: SmallCapReview

Check Ads Availability|e-mail Article


Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!



SmallCapReview to Add Solutions Group to its Portfolio - SOLU gives early investors a chance to get behind a unique, cost effective product that is in widespread demand by insurance companies and has been proven to reduce traffic accidents
SmallCapReview to Add Solutions Group to its Portfolio

 

PRZOOM - /newswire/ - Winston-Salem, NC, United States, 2009/12/08 - SOLU gives early investors a chance to get behind a unique, cost effective product that is in widespread demand by insurance companies and has been proven to reduce traffic accidents.

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Brokerage/Trading Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Solutions Group is an international engineering firm with 14 offices in four countries that provides cost-cutting solutions for Fortune 500 Companies, small and mid-range OEMs and early stage product companies through bulk-outsourcing solutions and product development engineering.

The Company's engineering centers located in the United States, Mexico, Germany and Romania are seamlessly integrated and work closely with the customer at the time of project launch through completion. As a result customers are able to reduce their product development investment by up to 50% without sacrificing product quality or time-to-market schedules.

The Company has also expanded into producing and selling products of their own such as the iDrive. The iDrive X1 camera is the lowest cost, dual lens, high definition Event Data Recorder on the market. The X1 utilizes a 3 axis accelerometer, incorporates GPS mapping information, and transmits data wirelessly so fleet owners can monitor driver behavior through iDrive's proprietary software platform.

The X1 is in high demand by fleet insurance companies because they have been proven to reduce accident rates. So far seven insurance companies have bought into the safety features offered through SOLU's iDrive X1 video event recorder, as has the city of Seattle, which plans to place the accident recording device inside the city's fleet of taxicabs. Over 500 iDrives were sold in the first six weeks after release in October at roughly $495 each.

In addition the Company is in the process of getting approval for the iDrive in Chicago, New York and other municipalities. SOLU currently employs 65+ people and has a highly scalable business model.

SOLU Investor Highlights

So far seven insurance companies have bought into the safety features offered through SOLU's iDrive X1 video event recorder, as has the city of Seattle, which plans to place the accident recording device inside the City's fleet of taxicabs.

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 a substantial initial order.

Announced that it has received a significant order to supply iDrive X1units to a large National Interstate Insurance client in Massachusetts.

Solutions Group sold over 500 iDrive X1 units in the first six weeks after release of the product in October for approximately $495 each.

Announced that it has been chosen to participate in a comprehensive study of teen driving habits. The study, being conducted by a national independent research firm, will provide data to one of the largest writers of personal insurance in the United States.

SOLU's devices are in demand by fleet insurance companies because they have been proven to reduce accident rates.

SOLU currently employs 65+ people and has a highly scalable business model of which a majority of the team is directly involved in some aspect of the revenue generation process.

Clients include Fortune 500 companies such as Agilent, Freescale and Qualcomm.

The Company's revenue continues to exceed expectations with nearly double the requests for new projects compared to 2008.

Features available at SmallCapReview.com include in-depth profiles of select Small-Cap/Penny Stocks as well as the most comprehensive and up to date news available on the small-cap market.

No investor should assume that reliance on the views, opinions or recommendations contained herein will produce profitable results. Nothing within our site should be construed as an offer or solicitation to buy or sell products or securities. The companies we profile may lack an active trading market for their securities, investing in such securities is highly speculative and carries a high degree of risk. SmallCapReview.com has been compensated up to three thousand five hundred dollars by a third party APS for its services with regards to Solutions Group.

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Brokerage/Trading Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Agency / Source: SmallCapReview

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick PRZOOM - Press & Newswire Visibility Checker

 

Distribution / Indexing: [+]

 
 
# # #
 
 
  Your Banner Ad showing on ALL
Brokerage/Trading articles,
CATCH Visitors via Your Competitors Announcements!


SmallCapReview to Add Solutions Group to its Portfolio

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name PRZOOM - Press & Newswire and LINK as the source.
 
  For more information, please visit:
Is this your article? Activate ALL web links by Upgrading to Press Release PREMIUM Plan Now!
|
Contact: Thomas Englebert - SmallCapReview.com 
336-838-5005 editor[.]smallcapreview.com
 
PRZOOM / PRTODAY - Newswire Today disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any SmallCapReview securities in any jurisdiction including any other companies listed or named in this release.

Brokerage/Trading via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY



Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!




Read Latest Press Releases From SmallCapReview / Company Profile


Read Brokerage/Trading Most Recent Related Press Releases:

SRMEX's Vice Chairman Eikichi Hirano About the Gradual Expansion of Capital Market
Xtrade Wins Best Broker in the Middle East Award
Russian Foreign Trade Reports on Russian Trade with North American Countries Q1 2016
Hermes International Expo to Celebrate 25th Anniversary in Delaware County
GoldSilver Central Approved As Singapore Bullion Market Association Member
OANDA Acquires Tradestation Forex Accounts
[TYPO FOUND BY SYSTEM] Beeline Broking Ltd Launches 'Tailor Made Brokerage Plan'
Signals365.com Announces Key Features - Makes it the Best Binary Options Signals Service
/RC/ Van Ecker Couder Associates Announce Expansion Program
Evanson Asset Management Dividend Stocks to Safeguard An All-weather Portfolio

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
 
NewswireToday Celebrates 10 Years in Business
Find business coaching, life coaching, executive coaching and corporate coaching, best selling coaching books, ...



PREMIUM Members


Visit  BizJobs.com

Visit  La Bella Bakery Artisan Bakery Arizona

Visit  NAKIVO, Inc.







 
  ©2016 PRZOOM — Limelon Advertising, Co.
Home | About PRZOOM | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR free press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneur newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today