TGI Update on evTransportation Services, Inc. Joint Venture

EWING, NJ, Feb. 20, 2018 (GLOBE NEWSWIRE) -- TGI SOLAR POWER GROUP INC. (OTC Markets: TSPG) (“TGI”), a diversified technology company, would like to take this opportunity to provide a Corporate update to its shareholders and interested parties. Since signing MOU with evTransportation Services, Inc. (“evTS”), exclusive worldwide distributor of FireFly ESV ® Essential Service Vehicles, the Company is aggressively pursuing its objectives of becoming a major supplier of ESV to the rapidly expanding electric vehicles industry, which is expected to see increases in demand over the next few years, according to research. TGI management representatives are currently meeting with European auto manufacturers, based on earlier established relationships and arrangements, in efforts to negotiate the terms and to start production of ESVs. The Parties earlier 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, ( 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. For more information please see under ticker symbol "TSPG", and visit our Facebook page https:// 

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 forwardlooking 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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