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TITAN ANNOUNCES YEAR-END RESULTS

 SAN DIEGO, Feb. 18 /PRNewswire/ -- The Titan Corp. (NYSE: TTN) announced today that revenues for 1992 were $148,762,000, compared to 1991 revenues of $146,484,000. Net income was $3,631,000, or $.26 per common share, compared to 1991 net income of $3,359,000, or $.25 per common share.
 "Sales increased slightly despite decreased defense revenues," stated Gene W. Ray, Titan's president and chief executive officer. "Emphasis on expanding commercial activities continued in 1992. While contributing to revenue growth, the significant investment in expanding our expert technical base into the commercial marketplace kept our earnings flat. These investments in our future are key elements of our goal to maximize long-term shareholder value."
 Fourth quarter 1992 revenues totaled $42,316,000, compared to $42,001,000 in 1991. Fourth quarter net income was $1,159,000, or $.09 per share in 1992 vs. net income of $1,057,000, or $.08 per share for the same period a year ago.
 The Titan Corp., headquartered in San Diego, designs, manufactures and installs high technology information and electronics products and systems for government, commercial and international clients.
 THE TITAN CORP.
 1992 Fourth Quarter Results
 Three Months Ended 12 Months Ended
 Dec. 31, Dec. 31,
 1992 1991 1992 1991
 Revenues $42,316,000 $42,001,000 $148,762,000 $146,484,000
 Net income $1,159,000 $1,057,000 $3,631,000 $3,359,000
 Preferred
 dividends 173,000 173,000 695,000 695,000
 Net income
 applicable
 to common
 stock $986,000 $884,000 $2,936,000 $2,664,000
 Net income
 per average
 common share $0.09 $0.08 $0.26 $0.25
 Average common
 shares
 outstanding 11,591,000 10,914,000 11,429,000 10,661,000
 -0- 2/18/93
 /CONTACT: Stephen P. Meyer, senior VP and CFO of Titan, 619-552-9639/
 (TTN)


CO: Titan Corp. ST: California IN: ARO CPR SU: ERN

JB-JL -- SD005 -- 8199 02/18/93 19:58 EST
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Date:Feb 18, 1993
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