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Replies to post #3761 on Solutions Group, Inc. (SOLU)
After over a year of negotiation and qualification, Solutions Group is proud to announce that a definitive agreement to sell Idrive cameras to qualified customers of the insurance company has been signed. Terms of the contract prohibit the release of the insurance company's name; however, a future announcement is expected. A customer loyalty program developed by the insurance company provides subsidized video event recorders (Idrive cameras) to its loyal customers to enhance driver safety and reduce costs through lower premiums and less payouts. Each Idrive camera retails for around $675 and sales of 3,000 to 5,000 cameras annually were discussed with the insurance company.
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