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TGI Solar Power Group Inc. Appoints Advisor for South-East Asia

  • Press Release
  • Source: TGI Solar Power Group Inc.
  • On 10:10 am EST, Thursday December 4, 2008

NEW YORK, NY--(MARKET WIRE)--Dec 4, 2008 -- TGI Solar Power Group Inc. (Other OTC:TSPG.PK - News), a turnkey supplier of vertically integrated solar systems for a variety of applications ranging from Solar Parks (solar to grid) to commercial markets, announces the appointment of Sarmir Ahshrup as a Special Advisor for South-East Asia, including Malaysia, Indonesia and India.

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Chart for TGI SOLAR POWER GR
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A native of Kuala Lumpur, Malaysia, Mr. Ahshrup has worked in the engineering departments of Siemens Electronics, Computer Sciences Corporation and Hewlett Packard. He presided over the design of Maybank's online cash management system worth $90 million USD, and also managed two product portfolios, WiMAX and Metro Ethernet for the Asia Pacific Region. He contributed towards the creation of a marketing plan for ACCA Networks with cumulative revenues of USD 1.2 billion in three years.the technological

"Mr. Ahshrup is a very talented Engineer with specific technological knowledge and we are pleased that he has joined our team," said William Lieberman, President of TGI Solar. "He will network efficiently in one of the Sunniest regions in the world and understands the local alternative energy problems. He has an extensive network of very close relationships throughout Malaysia, Indonesia and India and will provide great expertise as we continue to look for growth in the energy markets of local economies," commented Mr. Lieberman.

TGI Solar Power Group has begun internal restructuring to better position the Company for future growth and business execution.

About TGI SOLAR

TGI Solar (TSPG) is provider of manufacturing equipment and turnkey manufacturing solutions to the photovoltaic (PV) industry. The Company's products and solutions are used for production of solar grade polysilicon, manufacturing of multi-crystalline silicon wafers, production of solar cells and assembly of complete modules. The firm provides facility and process design and integration know-how with its equipment. The Company offers its products and services to PV product manufacturers on a worldwide basis and a substantial percentage of its sales are to customers outside the United States.

Forward-Looking Statements

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.

Contact:

     Contact:
TGI SOLAR POWER GROUP INC.
Billy Lieberman
President
1-888-766-6527
 
David Zazoff
IR
212-505-5976
 

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