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Ensemble…Nous Faisons Des Exploits |
 On 12 October 2005, the Government of Cameroon and Transnational Industries Cameroon (T.I.C. SA) a subsidiary of TAUG, Inc. (TAUG) signed an agreement for TIC to establish and manage the city bus system in Yaoundé and Douala, the two major cities in Cameroon. This project is a national priority, as it will significantly improve the lives of millions of Cameroonians, employ thousands and will help the country accelerate its economic growth. Underpinning this joint task is the desire by both parties to develop a case study to demonstrate how Cameroon is transforming itself into an excellent place for foreign investment.
 LeBus has launched its operations in Yaoundé starting with 20 buses operating on two lines. Line 7 runs from Nkolbisson to Poste Centrale while Line 8 runs from Mendong to the Ministry of Posts and Telecommunications. Studies earlier carried out on these two linesshow high population densities and good roads.
 After a test period of two months operating buses in the harsh Cameroon climate, LeBus has ordered its next shipment of 60 city buses. The first 30 buses should arrive in early February 2007 with the remaining 30 set to arrive in March. LeBus welcomes you on board!
SUSTAINABLE TRANSPORT IN YAOUNDÉ
Transnational Industries Cameroon (T.I.C. SA) is honored to partner with the Cameroon Government to revive the city bus transportation network. Together, our goal is to build a sustainable company that will help safely get the people of Yaoundé and Douala to work on time. Our passion, however, is to ensure the children of Yaoundé and Douala get to school without 3 hour walks in the rain or hot sun. |
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Transnational Automotive Group Expands Landmark Yaoundé, Cameroon “LeBus” Urban Bus Operation on Plan and on Schedule
Unique Cooperative Project Adds 3 New Routes, 30 New Buses and 450 New Jobs; “More Than Just a Bus Project.”
LOS ANGELES (May 23, 2007) – Transnational Automotive Group, Inc. (TAUG; OTCBB: TAMG), a global leader in transportation services and sustainable energy development, today announced the deployment of 30 new buses serving three new routes in the capital city of Yaoundé, Cameroon. This deployment represents an important milestone in the cooperative effort between TAUG, the Cameroonian government and other entities to provide safe, modern, affordable mobility to a developing population that has been without basic transportation for several decades.
“This is more than just a bus project. Major private investment funds, U.S. Government investment agencies and regional African countries are watching this program,” said Dr. Ralph Thomson, TAUG chairman and CEO. “Through this unique approach, millions of people in all of Cameroon’s major cities will have affordable transportation once the various phases of the project are completed – providing a major boost to the country’s development and economy.”
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Press Release - July 25, 2007 |
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Transnational Automotive Group Achieves Key Financial Milestones
-Company Fiscal-Year 1st-Quarter 2008 Revenues Exceed Entire 2007 Revenues; Margins Improve Significantly; Expenses Significantly Reduced
LOS ANGELES (July 25, 2007) – Transnational Automotive Group, Inc. (TAUG; http://www.transauto-group.com; OTCBB: TAMG), a global leader in transportation services and sustainable energy for the developing world, today announced that it has achieved several key milestones in fiscal first-quarter 2008 in its operations within the nation of Cameroon. |
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