RED BANK, NJ, March 21, 2011 -- TGI Group (TSPG), diversified holding company, announced today that it has acquired trading platform source code from California based technology Company for $1.5Milion.

This purchase comes in light of recent developments, when TGI entered into agreement with Worldlink Group plc, which has patent protected technology platform for the transfer of real time financial and other data to mobile devices.

The Purchased Assets shall include a non-exclusive copy of the trading platform source code. The source code being purchased includes a front end trading interface, a back office reporting and management system and gateways to liquidity providers. The source code currently supports foreign exchange and contracts for difference transactions. The source code has been successfully implemented in demo and live environments by several registered financial companies and is being used by their clients. TGI shall have the right to develop this source code into a multi-asset class trading platform or make any other modifications it desires to make. All modifications of the source code shall belong to TGI, and TGI shall retain all rights to these modifications.

TGI shall pay for the purchase with combination of its preferred and common stocks, which will have convertibility option into common, upon reaching certain criteria, and will give seller substantial equity position in TGI.