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Trans Global Group Pursuing Next "Green" Company Acquisition

^{Published on 2010-05-07 05:12:02 - Market Wire}
 

FORT LAUDERDALE, FL--(Marketwire - May 7, 2010) - Trans Global Group, Inc. (PINKSHEETS: [ TGGI ]) in its efforts to increase shareholder value has targeted its next green product for acquisition.

The company's product is in a unique field that helps reduce costs by up to 50% saving multi millions of dollars for the end user markets while reducing carbon foot prints. TGGI is currently working to gain control of a specific geographic region that can later be expanded. TGGI has also established contacts internationally where this application could be used as well. TGGI will focus mainly on municipalities, federal, local and state governments however the product can be used for individual consumers. Given the need for us all to economically conserve this product represents life long on going residual savings.

TGGI hopes to acquire and take control of the regional territory within the upcoming weeks and begin to bring it to market shortly thereafter.

The Company believes all other remarks made in the release to be accurate to the best of their knowledge.

The foregoing press announcement contains forward-looking statements that can be identified by such terminology such as "believes," "expects," "potential," "plans," "suggests," "may," "should," "could," "intends," or similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results to be materially different from any future results, performance or achievements expressed or implied by such statements. In particular, management's expectations could be affected by, among other things, uncertainties relating to our success in completing acquisitions, financing our operations, entering into strategic partnerships, engaging management and other matters disclosed by us in our public filings from time to time. Forward-looking statements speak only as to the date they are made. The Company does not undertake to update forward-looking statements to reflect circumstances or events that occur after the date the forward-looking statements are made.