Titan Global Electronics and Homeland Security Division Substantially Expands Sales Network
FREMONT, Calif. -- Titan Global Holdings, Inc. (OTCBB:TTGL), a high growth diversified holding company, today announced that its Electronics and Homeland Security Division has contracted more than 10 new sales representatives to expand the Company's customer base in the multibillion dollar defense and high-tech markets.
By increasing its sales force by more than 100%, Titan has further positioned itself to continue expanding the Company's market share with North American customers seeking supplier services and manufacturing priority, generally reserved for top tier customers.
"Increasing our sales representative network will have immediate positive impact on our bottom line performance," said Mike Kadlec, Executive Vice President of Titan's Electronics and Homeland Security Division. "Additionally, we can channel our energy to meet the needs of our sales representative network. This will exponentially increase our reach in the marketplace for 2007."
Titan's Electronics and Homeland Security Division includes Titan PCB East and Titan PCB West. These companies specialize in the manufacturing of advanced circuit boards and other high tech products for military and high-tech clients, and generated record revenues in 2006. Titan's PCB East holds the highly coveted 31032 manufacturing certification from the U.S. Department of Defense.
"Expanding our sales network efficiently will have a profound impact on our division," said Curtis Okumura, President and Chief Executive Officer of Titan's Electronics and Homeland Security Division. "The network expansion enables us to increase geographic coverage and market share. This also increases our customer touch giving Titan the opportunity to leverage its speed and responsiveness to market demands."
Recently, Titan also launched the Titan Fastrac program, an advanced technology program designed to capitalize on substantial increases in efficiency, capacity, revenue generation and gross margins. Fastrac will streamline quoting, operations and fulfillment in the end-market, currently occupied by small, fragmented competitors.
About Titan Global Holdings
Titan Global Holdings, Inc. ("Titan") (OTCBB:TTGL) is a high-growth diversified holding company with a dynamic portfolio of companies engaged in emerging telecommunications markets and advanced technologies. In its last fiscal year Titan generated in excess of $109 million in revenues on a consolidated basis.
Titan's Oblio Telecom Inc. ("Oblio") telecommunications subsidiary, based in Richardson, Texas, is a market leader in prepaid telecommunications products and the second largest publicly-owned international telecommunications company focused on the prepaid space. Oblio leverages strategic agreements with Tier 1 telecommunications leaders Sprint and Level3 to supply its brand-name prepaid calling cards. Annually Oblio sells an estimated 35 million of its brand-name prepaid calling cards through its established distribution channels estimated at more than 60,000 retail outlets.
Titan Wireless, Inc. ("T Wireless") is Titan's wireless subsidiary and is a mobile virtual network operator ("MVNO"). T Wireless sells its MVNO prepaid wireless products and wireless services through Oblio's established distribution channels. Titan's Electronics and Homeland Security division specializes in advanced manufacturing processes to provide commercial production runs and quick-turn delivery of printed circuit board prototypes for high-margin markets including Homeland Security and high-tech clients.
For more information, please visit: www.titanglobalholdings.com. For investor-specific information and resources, visit http://www.trilogy-capital.com/tcp/titan/ or http://www.b2i.us/irpass.asp?BzID=1314&to=ea&s=0. To view current stock quotes and news, visit http://www.trilogy-capital.com/tcp/titan/quote.html. To view an investor fact sheet about the company, visit http://www.trilogy-capital.com/tcp/titan/factsheet.html.
Forward-Looking Statements
Safe Harbor Statement Under the Private Securities Litigation Act of 1995 -- With the exception of historical information, the matters discussed in this press release are forward-looking statements that involve a number of risks and uncertainties. The actual future results of TTGL could differ significantly from those statements. Factors that could cause actual results to differ materially include risks and uncertainties such as the inability to finance the company's operations or expansion, inability to hire and retain qualified personnel, changes in the general economic climate, including rising interest rate and unanticipated events such as terrorist activities. In some cases, you can identify forward-looking statements by terminology such as "may," "will," "should," "expect," "plan," "anticipate," "believe," "estimate," "predict," "potential" or "continue," the negative of such terms, or other comparable terminology. These statements are only predictions. Although we believe that the expectations reflected in the forward-looking statements are reasonable, such statements should not be regarded as a representation by the Company, or any other person, that such forward-looking statements will be achieved. We undertake no duty to update any of the forward-looking statements, whether as a result of new information, future events or otherwise. In light of the foregoing, readers are cautioned not to place undue reliance on such forward-looking statements. For further risk factors see the risk factors associated with our Company, review our SEC filings.
Contact
Trilogy Capital Partners
Financial Communications:
Paul Karon, Toll-free: 800-592-6067
paul@trilogy-capital.com
By increasing its sales force by more than 100%, Titan has further positioned itself to continue expanding the Company's market share with North American customers seeking supplier services and manufacturing priority, generally reserved for top tier customers.
"Increasing our sales representative network will have immediate positive impact on our bottom line performance," said Mike Kadlec, Executive Vice President of Titan's Electronics and Homeland Security Division. "Additionally, we can channel our energy to meet the needs of our sales representative network. This will exponentially increase our reach in the marketplace for 2007."
Titan's Electronics and Homeland Security Division includes Titan PCB East and Titan PCB West. These companies specialize in the manufacturing of advanced circuit boards and other high tech products for military and high-tech clients, and generated record revenues in 2006. Titan's PCB East holds the highly coveted 31032 manufacturing certification from the U.S. Department of Defense.
"Expanding our sales network efficiently will have a profound impact on our division," said Curtis Okumura, President and Chief Executive Officer of Titan's Electronics and Homeland Security Division. "The network expansion enables us to increase geographic coverage and market share. This also increases our customer touch giving Titan the opportunity to leverage its speed and responsiveness to market demands."
Recently, Titan also launched the Titan Fastrac program, an advanced technology program designed to capitalize on substantial increases in efficiency, capacity, revenue generation and gross margins. Fastrac will streamline quoting, operations and fulfillment in the end-market, currently occupied by small, fragmented competitors.
About Titan Global Holdings
Titan Global Holdings, Inc. ("Titan") (OTCBB:TTGL) is a high-growth diversified holding company with a dynamic portfolio of companies engaged in emerging telecommunications markets and advanced technologies. In its last fiscal year Titan generated in excess of $109 million in revenues on a consolidated basis.
Titan's Oblio Telecom Inc. ("Oblio") telecommunications subsidiary, based in Richardson, Texas, is a market leader in prepaid telecommunications products and the second largest publicly-owned international telecommunications company focused on the prepaid space. Oblio leverages strategic agreements with Tier 1 telecommunications leaders Sprint and Level3 to supply its brand-name prepaid calling cards. Annually Oblio sells an estimated 35 million of its brand-name prepaid calling cards through its established distribution channels estimated at more than 60,000 retail outlets.
Titan Wireless, Inc. ("T Wireless") is Titan's wireless subsidiary and is a mobile virtual network operator ("MVNO"). T Wireless sells its MVNO prepaid wireless products and wireless services through Oblio's established distribution channels. Titan's Electronics and Homeland Security division specializes in advanced manufacturing processes to provide commercial production runs and quick-turn delivery of printed circuit board prototypes for high-margin markets including Homeland Security and high-tech clients.
For more information, please visit: www.titanglobalholdings.com. For investor-specific information and resources, visit http://www.trilogy-capital.com/tcp/titan/ or http://www.b2i.us/irpass.asp?BzID=1314&to=ea&s=0. To view current stock quotes and news, visit http://www.trilogy-capital.com/tcp/titan/quote.html. To view an investor fact sheet about the company, visit http://www.trilogy-capital.com/tcp/titan/factsheet.html.
Forward-Looking Statements
Safe Harbor Statement Under the Private Securities Litigation Act of 1995 -- With the exception of historical information, the matters discussed in this press release are forward-looking statements that involve a number of risks and uncertainties. The actual future results of TTGL could differ significantly from those statements. Factors that could cause actual results to differ materially include risks and uncertainties such as the inability to finance the company's operations or expansion, inability to hire and retain qualified personnel, changes in the general economic climate, including rising interest rate and unanticipated events such as terrorist activities. In some cases, you can identify forward-looking statements by terminology such as "may," "will," "should," "expect," "plan," "anticipate," "believe," "estimate," "predict," "potential" or "continue," the negative of such terms, or other comparable terminology. These statements are only predictions. Although we believe that the expectations reflected in the forward-looking statements are reasonable, such statements should not be regarded as a representation by the Company, or any other person, that such forward-looking statements will be achieved. We undertake no duty to update any of the forward-looking statements, whether as a result of new information, future events or otherwise. In light of the foregoing, readers are cautioned not to place undue reliance on such forward-looking statements. For further risk factors see the risk factors associated with our Company, review our SEC filings.
Contact
Trilogy Capital Partners
Financial Communications:
Paul Karon, Toll-free: 800-592-6067
paul@trilogy-capital.com
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