News:Argos:Eurospeeed, Inc. Signs Exclusive Distributors in Croatia and Romania

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PORT CHESTER, NY, Oct 21, 2008 (MARKET WIRE via COMTEX) -- Eurospeed, Inc., the transportation products subsidiary of Euro Group of Companies, Inc. (PINKSHEETS: EGCO), announced today that Eurospeed has negotiated exclusive distribution agreements for the sale of Eurospeed products in Croatia and Romania.

Dalmatia Motors LLC, the newly appointed distributor in Croatia, and Diaconescu Enterprises Inc., the newly appointed distributor in Romania, have each placed their first orders for Eurospeed motor scooters, and will receive the products in November.

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