Solutions Group Corp.
Release date: February, 2009
Difficult Economic Times Creates Significant Demand For Solutions Group Unique Offerings
Conversion of Fixed to Variable Expenses in the product development process is seen as a significant benefit
Santa Barbara, California, USA – Santa Barbara based Solutions Group Inc. (SOLU.PK) announced a significant increase in new customer opportunities since late 2008 many of which are expected to convert to incremental sales in 2009.
Solutions Group’s unique offering of customized electronic product design services including local project management with blended offshore pricing continues to increase in demand. Solutions Group’s unique ability to absorb engineering teams from their customers, if requested, also allows for further cost savings through the conversion of customer’s fixed expenses to variable while still attaining product development roadmap goals. This particular offering continues to grow in importance as many companies are challenged in these difficult economic times to realign their internal product development resources while still moving forward with existing or planned future product development programs.
Colin Cairns, Vice President Business Development, stated “We have received nearly double the customer requests for new projects as compared to 2008 and primarily attribute this to many companies fully recognizing our ability to assist them with reducing their internal product development costs without sacrificing product quality or schedule integrity”.
About Solutions Group Corp: Solutions Group (SGI) is an international engineering firm that supports its customers with product development and engineering expertise across all major disciplines. The Company’s core competency includes electrical engineering, component engineering, printed circuit board design, library development, mechanical design, and software development. SGI integrates its design centers that are local to major technology centers in North America and Europe with its lower cost off-shore engineering locations to provide exceptional blended pricing solutions. SGI’s Development-Outsourcing Program has gained rapid acceptance in the industry as it affords companies the opportunity to convert their fixed product development expenses to a variable type of model while still attaining the product development roadmap plan. SGI’s customers currently include major Fortune 500 companies, small and mid-range OEMs and early stage product companies.
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