Titan General Holdings Reports 3rd Quarter Operating Income of $170,000; Company Receives Significant Orders from Customers Including Intel, Lockheed and Apple.

FREMONT, Calif. -- Titan General Holdings, Inc. (OTCBB: TTGH) announced today that operating income for the 3rd quarter was $170,000, as compared to an operating loss of $1.2 million for the same period in 2003. Gross profit for the quarter increased by $561,000 or 168%, from $334,000 in the three months ended May 2003 to $895,000 in the three months ended May 31, 2004. Sales for the quarter also increased 44.5% from $3.2 million in 2003, to $4.7 million this year.

Ken Shirley, CEO of Titan General Holdings stated "We are very pleased with the turn around that is clearly underway at Titan Holdings. We are pleased to announce that we have recently received orders from key significant customers including Intel, Lockheed and Apple."

Looking forward, Mr. Shirley stated: "Our plan moves forward with extreme confidence. We intend to target potential customers and industries needing prototype boards with required turnaround times of between 24 hours and the industry standard 10-days as well as pre production needs requiring numerous types of materials. We will aggressively market specialty manufacturing services for time sensitive, high-tech prototype and pre-production PCBs to the high technology industry. We will cater to customers who need time sensitive delivery of low to medium production runs with high quality and superior design as well as high volume through our offshore partner. We will also cater to customers with our customer service interface whether for production or research and development. We plan to expand our services to include flexible circuits and rigid-flex combinations in order to diversify sources of sales. Furthermore, we are expanding sales through aggressive marketing and manufacture of rigid-flex PCBs using the patented HVR Flex process and will continue to target the military market now that we are certified to the P31032 military standard."

About Titan:

Titan is a printed circuit board manufacturer providing time sensitive, superior quality products to the electronics industry at a competitive price. The company offers high layer count, fine line production of rigid, rigid flex and flex PCBs. Titan targets quick turn and standard delivery needs of prototype and pre-production boards with numerous types of standard and advanced materials. Titan combines the strengths of superior design, high quality and outstanding customer service with an extremely favorable cost structure. This competitive advantage provides opportunities to Titan that are currently unmet by other PCB manufacturers.

Forward-Looking Statements

Statements made in this news release that relate to future plans, events or performances are forward-looking statements. Any statement containing words such as "believes" "anticipates" "plans" or "expects" and other statements which are not historical facts contained in this release are forward-looking, and these statements involve risks and uncertainties and are based on current expectations. Consequently, actual results could differ materially from the expectations expressed in these forward-looking statements. Reference is made to the Company's filings with the Securities and Exchange Commission for a more complete discussion of such risks and uncertainties.