NEW YORK and HANOI, Vietnam, Aug. 14, 2015 (GLOBE NEWSWIRE) -- Myson Group, Inc. (OTC Markets:MYSN) announced today that the Company has signed a Letter of Intent with TG Solutions – Global, LLC ("TGS"), a Nevada limited liability company (http://www.tg-solutions.biz/) to become a TGS Certified Manufacturer in Vietnam for the purpose of manufacturing, selling and distributing certain TGS sheating, building systems and other building products in Vietnam and other Asian countries.
TGS is the exclusive owner of and has proprietary rights in TGS products, know-how and other intellectual property for certain state-of-the-art construction materials and pre-fabricated housing units that provide superior real-world solutions, in the areas of fire safety, energy efficiency, corrosion resistance, durability and strength.
Both companies will finalize the details for a corporate joint venture in Vietnam between TGS and MYSN to manage the manufacture, sales and distribution of the TGS products.
Frank Ghiorso, President of TG Solutions – Global, LLC, stated: "We are very pleased to partner with Myson Group to provide superior solutions to the building construction industry in Vietnam and other Asian countries, thanks to our green technologies that have produced ecologically friendly construction materials that are very cost effective, extremely strong and highly durable. We believe our technologies and building products will greatly enhance MYSN's capability to become a unique player in its sphere of operations."
Son Duong, Chairman and CEO of Myson Group, concurred: "We eagerly look forward to working with TG Solutions – Global to apply TGS' technologies to our new projects in the near future to help revolutionize building practices that can result in greater improvements in strength, durability, environmental impact and economics."
About Myson Group, Inc.
Myson Group, Inc., a Nevada corporation established in 1987, has been engaged in semiconductors, environmental services and, more recently, development of mineral properties in Southeast Asia. The company has acquired a majority interest in Van Phuc Holding Building and Trading JSC, a profitable operating Vietnam-based company, and will be launching a new business development program both in the U.S. and Southeast Asia aiming to create significant value for our shareholders and investors. Website: www.mysongroup.com
Safe Harbor: This news release contains forward-looking statements that are subject to certain risks and uncertainties that may cause actual results to differ materially from those projected on the basis of such forward-looking statements. Such forward-looking statements are made based upon management's beliefs, as well as assumptions made by, and information currently available to, management pursuant to the "safe-harbor" provisions of the Private Securities Litigation Reform Act of 1995.