SOLUTIONS GROUP INC
OOTC:SOLU0.00
USD
0.00
(0.00%)
ISIN
US83438R1086
CUSIP
83438R108
Return %
Stock
S&P 500
1Y
0.00
14.39
3Y
0.00
81.42
5Y
-99.00
68.62
Capital Structure
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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FRC
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in mil. unless spec.Company Description
- Sector
- Finance
- Industry
- Financial conglomerates
- Address
- Santa Barbara United States
- IPO Date
- Sep 27, 2002
- Similar Companies
- Business
- Solutions Group, Inc. is a technology company that specializes in the development, commercialization, and licensing of automotive safety electronics, video telematics, and vehicle event recording systems. The company operates primarily within the automotive technology and vehicular safety industry, offering solutions designed for commercial fleet management, transport monitoring, and passenger vehicle collision mitigation. Solutions Group offers a specialized portfolio of automotive safety hardware and software solutions, including event recording and telematics hardware, notably the iDrive X1 event data recorder for logging dynamic vehicle telemetry and incident-triggered data; the iDrive X4 multi-channel digital video recording platform featuring high-definition video capture with removable solid-state storage; active collision avoidance and driver-alert warning systems; acceleration safety controls, including the Decelerator system developed to suppress and prevent sudden unintended acceleration (SUA) events; and engineering design, hardware integration, and intellectual property licensing services tailored for commercial fleet operators and automotive original equipment manufacturers. Headquartered in Santa Barbara, California, Solutions Group was founded in 1993 and historically targeted commercial fleet operators, transit authorities, and automotive distributors throughout the United States. In recent developments, the company has undergone significant operational reorganization and strategic retrenchment, moving away from active hardware manufacturing to focus on intellectual property management, restructuring opportunities, and prospective commercial alliances; concurrently, its common stock has transitioned to quotation on the OTC Expert Market following regulatory trading suspensions and a status shift to a non-reporting issuer, with ongoing operational efforts centered on evaluating strategic alternatives, addressing administrative disclosures, and pursuing potential joint venture or licensing agreements for its underlying automotive safety technologies.