TGI Solar Power Group Retains PHD Capital

TGI Solar Power Group Inc. (PINKSHEETS: TSPG), a turnkey supplier of vertically integrated solar systems for a variety of applications ranging from Solar Parks (solar to grid) to commercial markets, announced today that it has retained investment bank Perrin, Holden & Davenport Capital Corp (PHD Capital) of New York city to provide strategic advisory and listing services.

"We are very pleased to be working with TGI Solar Group," said Nelson Braff, President of PHD Capital. "We are looking forward to supporting TGI's existing projects, as well as working to identify new opportunities in sustainable energy. Green Energy is not a trend, it's the future, with the rising cost of energy globally and we are excited to assist TGI Solar in its efforts to finance, develop and commercialize promising renewable energy technologies around the world."

Solar cells are the discrete components in a solar energy generation system responsible for converting sunlight to electricity. The end-user market segment for solar technology in 2007 was approximately $30 billion, a 50 percent increase from 2006, according to Photon Consulting. Solar industry growth of 30 to 40 percent annually is expected to continue in years to come as the economics of solar, which is currently approximately twice the cost of delivered retail electricity on a per kilowatt basis, begins to approach that of traditional electricity-generation technologies.

Wall Street analyst, Jesse Pichel, of Piper Jaffray, recently commented, "In today's emerging alternative energy sector, solar remains one of the best secular growth trends in technology investing. We're thin film bulls."

"We have a long list of solar park projects around the world that are ready to break ground and look forward to the potential that PHD brings to the table," said William Lieberman, President of TGI Solar Group.

About TGI SOLAR POWER GROUP INC.

TGI Solar (TSPG) is provider of manufacturing equipment and turnkey manufacturing solutions to the photovoltaic (PV) industry. The Company's products and solutions are used for production of solar grade polysilicon, manufacturing of multicrystalline silicon wafers, production of solar cells and assembly of complete modules. The firm provides facility and process design and integration know-how with its equipment. The Company offers its products and services to PV product manufacturers on a worldwide basis, and a substantial percentage of its sales are to customers outside the United States.

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.