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TITAN ANNOUNCES THIRD QUARTER RESULTS

 TITAN ANNOUNCES THIRD QUARTER RESULTS
 SAN DIEGO, Nov. 4 /PRNewswire/ -- The Titan Corp. (NYSE: TTN)


today reported revenues of $37,298,000 for the third quarter of 1992, up 8 percent from revenues of $34,538,000 in the third quarter of 1991. Net income for the third quarter of 1992 was $892,000, up 4 percent from net income of $855,000 in the comparable year-earlier period. Earnings per common share were $0.06 in the third quarter of both 1992 and 1991.
 For the first nine months of 1992, revenues were $106,446,000, up 2 percent from $104,483,000 in the comparable year-earlier period, with net income increasing 7 percent to $2,472,000, from $2,302,000. Earnings per common share were $.17 in both 1992 and 1991 for the nine-month period.
 "Throughout 1992, Titan has continued to make significant investments in emerging commercial opportunities," stated Gene W. Ray, president and chief executive officer. "Despite a major increase in these activities in 1992 over prior years, net income is up both in the third quarter and year to date. These investments support our transition to a balance among commercial, international and defense markets."
 The Titan Corp., headquartered in San Diego, designs, manufactures and installs high-technology information and electronic products and systems for government, commercial and international clients.
 THE TITAN CORP.
 1992 Third Quarter Results
 (Unaudited)
 Three Months Ended Nine Months Ended
 Sept. 30, Sept. 30,
 1992 1991 1992 1991
 Revenues $37,298,000 $34,538,000 $106,446,000 $104,483,000
 Net income $892,000 $855,000 $2,472,000 $2,302,000
 Preferred
 dividends 174,000 174,000 522,000 522,000
 Net income
 applicable
 to common
 stock $718,000 $681,000 $1,950,000 $1,780,000
 Net income
 per average
 common share $0.06 $0.06 $.17 $.17
 Average common
 shares
 outstanding 11,428,000 10,771,000 11,371,000 10,555,000
 -0- 11/4/92
 /CONTACT: Stephen P. Meyer, senior VP & CFO of The Titan Corp., 619-552-9639/
 (TTN) CO: The Titan Corp. ST: California IN: CPR SU: ERN


BP-JL -- SD007 -- 2756 11/04/92 19:05 EST
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Date:Nov 4, 1992
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