RED BANK, NEW JERSEY--(Marketwire - 06/24/11) - TGI Group (PINK SHEETS:TSPG - News), a diversified holding company, announced today that it signed an agreement with TELE-SSE Corporation, as its technical, sales and marketing advisor in Philippines, to assist with introduction and implementation of EKOPLAZ equipment.
Dr. Epimaco Densing, Jr., Ph.D., and Mr. Emmanuel L. Agbanlog, principles of TELE-SSE Corporation, represent industrial group that will act as an agent and strategic partner for EKOPLAZ in Philippines. According to documents presented to EKOPLAZ management, TELE-SSE is now negotiating with the owners & developers of the technology for a possible Gasification Plant in Metro Manila, which will daily convert 300 tons of municipal solid waste (MSW) into syngas (a gas mixture) and eventually into electricity for sale to the grid of Meralco or other electric consumers. The Gasification Plant will be constructed and installed, on turnkey basis, by the Technology owners and developers, and will occupy 5 to 7 hectares of land area.' Dr. Epimaco M. Densing, Jr. is currently conducting feasibility studies for the overall project.
EKOPLAZ's product line consists of units of various sizes and capabilities, from a small mobile unit that would be most appropriate for the cleanup of hazardous waste or disaster areas, to stationary units to serve communities or municipalities with functions that include producing energy, cleaning up waste and water purifying capabilities. Engineering and production of basic units should take 4 to 6 months. While no sales have been made to date, management is very pleased with the amount of inquiries and various proposals for solving solid waste problems. Other waste issues include energy arrangements such as implementing technology for clean coal burn.
About EKOPLAZ:
EKOPLAZ developed the technology based on high-frequency disruption in an electromagnetic microwave field. High field intensity provides air ionization in the location of the disruption along with the release of high temperature. Special configuration of the air ionization chamber allows the supply of middle and large microwave capacity to provide the initiation of a stable plasma flame at the output of the plasmatron nozzle. This technology offers significant advantages including: medical waste treatment, pesticide utilization or domestic industrial waste processing. A plant can be implemented both in mobile and stationary usage occurring in a continuous operation or on as-needed basis.
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 installation, integration and energy consulting 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.
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.
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