TGI & Worldlink Joint Venture Update.
(firmenpresse) -
TGI & Worldlink Joint Venture Update.
RED BANK, NJ, March 28, 2011— TGI Group (TSPG), diversified holding company, announced today that it has finalized transaction for a license and rights to offer Worldlink’s patent protected technology platform for the transfer of real time financial and other data to mobile devices. Final details of transaction call for TGI & Worldlink (WL) to become Joint Venture partners and to offer these products and services through Worldlink Data Inc. (WLD) Neil A. Riches, Worldlink’s founder and Managing Director will become WLD’s Chairman of the Board and assist with launching of WLD in US.
Worldlink will provide the joint venture with a non exclusive license to Worldlink’s patented software. TGI will provide management, sales and marketing and $1mm in working capital for the launch of WDI in the US
Neil Riches, Managing Director of Worldlink says’ I am delighted that Worldlink has concluded the creation of WDI. WDI gives us the opportunity to fully realize the benefits of our US patents. The US has embraced mobile applications to the same level as we have done in the UK, and the market is much larger. This creates huge opportunities for WDI.’
We are very pleased to work with Worldlink,” said Henry Val, CEO of TGI. “We are looking forward to launching WL’s existing projects in the US and identifying new opportunities for mobile applications. MOBILE is not a trend it’s the future.”
ENDS
About Worldlink Group Plc
Worldlink, one of the fastest growing providers of real-time data products and services to mobiles and desktops, founded by Neil Riches, owns a patent protected technology platform for the transfer of real time financial and other data to mobile devices. The patent is protected in both the UK, US and is pending in Europe. The patented technology allows the development of mobile applications that provide data and information which can be delivered, displayed and updated instantly.
Contact
David Oxnam (at) Clear PR 44 (0) 207689 5155
Email worldlink(at)clear-group.co.uk
About TGI Solar
TGI SOLAR POWER GROUP INC. (www.tgisolar.com) is a diversified holding company. The Company offers its products and services to clients on a worldwide basis and currently maintains JVs and strategic alliances with various firms. TGI’s strategy is to acquire new patented technologies, components, processes, designs and methods with commercial value that will give market advantage and generate shareholder value.
Contact
Henry Val
info(at)TGIsolar.com
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.
Leseranfragen:
Worldlink Group plc
Neil Riches – Managing Director
Worldlink Group
Tel: UKMob: 00447736 670055
Simon Robinson – Marketing Director
Worldlink Group
Tel: UKMob: 00447593340107
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Sprache: Deutsch
News-ID 29030
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