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Friday, 01/21/2011 9:05:11 AM

Friday, January 21, 2011 9:05:11 AM

Post# of 23361
News: Salamon Group Inc. and Sunlogics Power Fund Management Inc. Complete Due Diligence for Upcoming Reverse Merger

LAS VEGAS, Jan 21, 2011 (GlobeNewswire via COMTEX) -- Salamon Group Inc. (SLMU),
today announced that the due diligence process has been completed and expects to
advance to the closing phase of its reverse merger with Sunlogics Power Fund Inc.
shortly.

About Sunlogics Power Fund Management Inc.

Sunlogics Power Fund Management Inc. is a solar energy project funder
specializing in the acquisition and financing of ECO friendly green renewable
energy projects. It has the exclusive first right of refusal as the project
funder of Sunlogics Inc., a vertically integrated solar energy company.
Additional information about Sunlogics Inc. can be found at
http://www.sunlogics.com

About Salamon Group Inc.

Salamon Group Inc. is a publicly traded independent "green" energy company with
new headquarters and operations in Modesto California and an office in Kelowna,
BC, Canada. The Company has recently enhanced its business model to include the
funding of solar power generating plants, with particular emphasis on the General
Motors solar energy projects to be constructed by Sunlogics Inc. and future solar
rooftop and ground mount installations in Ontario, Canada.

This release may contain forward-looking statements. Often, but not always,
forward-looking statements can be identified by the use of words such as
"expects," "plans," "estimates," "intends," "believes," "could," "might," "will"
or variations of such words and phrases. Forward-looking statements involve known
and unknown risks, uncertainties, and other factors which may cause the actual
results, performance, or achievements of Salamon Group Inc. to be materially
different from any future results, performance, or achievements expressed or
implied by the forward-looking statements. These statements are based on
management's current expectations and beliefs and are subject to a number of
risks and uncertainties which are described under the caption "Note Regarding
Forward-looking Statements" and "Key Information - Risk Factors" and elsewhere in
Salamon Group Inc.'s Annual Report for the fiscal year ended December 31, 2009 as
filed on EDGAR at http://www.sec.gov. The risk factors identified in Salamon
Group Inc. Annual Report are not intended to represent a complete list of factors
that could affect Salamon Group Inc. Accordingly, readers should not place undue
reliance on forward-looking statements. Salamon Group Inc. does not assume any
obligation to update the forward-looking information contained in this press
release.

This news release was distributed by GlobeNewswire, http://www.globenewswire.com

SOURCE: Salamon Group Inc.
CONTACT: Salamon Group Inc.
Michael Matvieshen, CEO
778-753-5675


(C) Copyright 2010 GlobeNewswire, Inc. All rights reserved.

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