LAS VEGAS, Dec. 28, 2011 (GLOBE NEWSWIRE) -- Salamon Group, Inc. (OTCBB:SLMU) ("Salamon" or the "Company") is pleased to announce that it has agreed to acquire 7.5M shares of Sunlogics PLC from an existing shareholder.
About Sunlogics Plc.
Sunlogics is a vertically integrated global company, specializing in the design, development and operation of solar energy solutions including rooftop, ground mount and canopy installations principally for General Motors. In each vertical that Sunlogics operates, they offer unique and tailored solutions that help companies execute sustainable energy initiatives while minimizing their required capital investment. Sunlogics received a $7.5M equity investment from General Motors Ventures this past year.
About Salamon Group
Salamon Group Inc., through its Sunlogics Power Fund Management Inc. division, is a solar energy project company specializing in renewable energy power projects. It is a project-acquiring partner of Sunlogics Plc and it Subsidiary as well as other third party project developers.
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