EWING, N.J., Feb. 02, 2018 (GLOBE NEWSWIRE) -- Via OTC PR Wire -- TGI SOLAR POWER GROUP INC. (OTC Markets:TSPG) ("TGI"), a diversified technology company, today announced that it has signed a Memorandum of Understanding ("MOU") with ev Transportation Services, Inc. ("evTS"), exclusive worldwide distributor of FireFly ESV ® Essential Service Vehicles, to establish a Joint Venture to manufacture and market all-electric vehicles in Eastern Europe. Both parties will work diligently to establish their presence in Europe, utilizing already established relationships and arrangements made by TGI management. The Parties further agreed that evTS will be responsible for engineering and new European vehicle designs, while TGI will be responsible for business development, sales, marketing, financing and dealing with the local manufacturing requirements and workforce. The initial hub for the Joint Venture operation in Europe will be established in Kiev.
About ev Transportation Services, Inc, (http://evtaas.com). evTS mission is to become the premier company in the fleet management solutions business through the design and development of energy efficient all-electric utility vehicles for the Essential Services transportation market, providing tightly integrated vehicle connectivity.
On January 31, 2018 TGI filed its annual report for fiscal year up to JULY 31, 2017.
DATABOSS is continuing with its marketing plans with new client acquisition and developing new proprietary software.
About DATABOSS. Data Boss (http://databosscorp.com) offers development and consulting services that address IT requirements like architecture and development of enterprise business systems, enterprise performance monitoring, business intelligence and enterprise application integration. DATABOSS addresses the enterprise-wide end-to-end needs of organizations with its comprehensive range of solutions and services for large-scale ERP applications, sophisticated Database requirements, Business Intelligence (BI) and Agile SOA implementation; that includes Enterprise Applications (EA), Business Process Management (BPM), Enterprise Performance Management (EPM) and Governance. DATABOSS provides services to its Fortune 100 and medium sized clients in varied verticals spanning from Healthcare to Financials. Data Boss Technologies, Microsoft Technologies, cutting edge Mobile technologies including iPhone, Android and Windows platforms, Fusion Middleware and core Database Technology based on Oracle Applications.
For more information please see www.otcMarkets.com under ticker symbol "TSPG", and visit our Facebook page https://www.facebook.com/TGISolarPower/
About TGI Solar: TGI SOLAR POWER GROUP INC. is a diversified holding company. TGI's strategy is to acquire innovative and patented technologies, components, processes, designs and methods with commercial value that will give competitive market advantage and generate shareholder value.
Safe Harbor Statements under the Private Securities Litigation Reform Act of 1965: Those statements contained herein which are not historical are forward-looking statements, and as such, are subject to risks and uncertainties that could cause actual operating results to materially differ from those contained in the forward-looking statements. Such statements include, but are not limited to, certain delays that are beyond the company's control, with respect to market acceptance of new technologies, or product delays in the testing and evaluation of products, and other risks, as detailed in the company's periodic filings with the Securities and Exchange Commission
* FireFly ESV ® is a licensed registered trademark of ev Transportation Services, Inc.
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