Titan Global Holdings Recaps Investor Conference Call Including $140 Million FY '07 Revenue Forecasts and Strategy to Capitalize on Fast-Growing Telecommunications and High-Tech Markets.Investors Invited to Listen to Archived Webcast Now Available Online DALLAS -- Titan Global Holdings, Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :TTGL TTGL Tengen Toppa Gurren Lagann (anime) TTGL Tactical Training Group Atlantic ), a high-growth diversified holding company, invites investors to listen to an archived streaming audio A one-way audio transmission over a data network. It is widely used on the Web as well as company networks to play audio clips and Internet radio. Computers in home networks stream audio (mostly music) to digital media hubs connected to home theaters. webcast of yesterday's investor conference call during which Chief Executive Officer Bryan Chance detailed recent progress and new strategic initiatives to address high-growth revenue opportunities through its telecommunications and technology subsidiaries. During the conference call, Mr. Chance highlighted key elements of Titan's strategy to address high-growth revenue opportunities in the global convergence of communications and other worldwide markets. Among other updates, he expanded on Titan's recent revenue forecasts, which are projected to exceed $140 million for fiscal 2007, with an estimated $17.5 million in EBITDA (Earnings Before Interest, Taxes, Depreciation and Amortization) A metric used to show a company's profitability, but not its cash flow. EBITDA became popular in the 1980s to show the potential profitability of leveraged buyouts, but has become . Mr. Chance also discussed Titan's newly announced plans to launch a significant expansion of its www.WhyUseIt.com e-commerce Web-based product suite to harness complementary internet-powered revenue streams for its international telecommunications products. In the first year of Titan's new E-Commerce initiative -- calendar year 2007 - the Company anticipates its Pinless unit will swell projected revenues by an additional $5 million, with $1 million in earnings before interest, taxes, depreciation and amortization Earnings before interest, taxes, depreciation and amortization (EBITDA) is a non-GAAP metric that can be used to evaluate a company's profitability.
Titan is capitalizing on a broad range of technological innovations spanning telecommunications, electronics and homeland security Noun 1. Homeland Security - the federal department that administers all matters relating to homeland security Department of Homeland Security executive department - a federal department in the executive branch of the government of the United States . Derived from internal development and strategic acquisitions, Titan delivers cost-effective, secure, and environmentally-friendly solutions for its global family of customers. Titan's Telecommunications Division includes Oblio Telecom, Inc., a market leader in prepaid telecommunications and the second largest publicly-owned company focused on the international prepaid telecommunications space, StartTalk Inc., Pinless, Inc. and Titan Wireless Communications wireless communications System using radio-frequency, infrared, microwave, or other types of electromagnetic or acoustic waves in place of wires, cables, or fibre optics to transmit signals or data. , Inc., a prepaid wireless communications and mobile virtual network operator A Mobile Virtual Network Operator (MVNO) is a company that provides mobile (sometimes called wireless or cellular) telephone service but does not have its own allocation of the radio frequency spectrum nor all of the infrastructure required to provide mobile telephone service. . Titan's Electronics and Homeland Security Division includes Titan PCB PCB: see polychlorinated biphenyl. PCB in full polychlorinated biphenyl Any of a class of highly stable organic compounds prepared by the reaction of chlorine with biphenyl, a two-ring compound. East, Inc. and Titan PCB West, Inc. These companies specialize in the manufacturing of advanced circuit boards and other advanced products for military and high-tech clients, and generated record revenues in 2006. To listen to the webcast recording of the conference call online, free of charge, interested investors can visit http://www.trilogy-capital.com/tcp/titan/. 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 $110 million in revenues on a consolidated basis. Titan's Oblio Telecom Inc. ("Oblio") telecommunications subsidiary, based in Richardson, Texas Richardson is a suburb in Dallas County and Collin County, Texas. As of the 2000 census, the city had a total population of 91,803, while according to a 2006 estimate, the population had grown to 99,200. , is a market leader in prepaid telecommunications products and the second largest publicly-owned international telecommunications company See telecom 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 (Mobile Virtual Network Operator) A reseller of wireless services. MVNOs do not own licensed spectrum and typically do not have any of their own wireless network infrastructure. "). 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/. 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 Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. Statement Under the Private Securities Litigation An action brought in court to enforce a particular right. The act or process of bringing a lawsuit in and of itself; a judicial contest; any dispute. When a person begins a civil lawsuit, the person enters into a process called litigation. Act of 1995 -- With the exception of historical information, the matters discussed in this press release are forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. 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. |
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