|Titan Global Announces Investor Conference Call to be Held January 19 to Discuss Q1 2007 Report Show|
|Thursday, 18 January 2007|
Titan Global Announces Investor Conference Call to be Held January 19 to Discuss Q1 2007 Report Showing Record $29.9 Million in Revenues
DALLAS, TX, (NAMC) - Titan Global Holdings, Inc. (OTCBB:TTGL), a high-growth diversified holding company, will hold an investor conference call on January 19, 2006, at 1 pm Eastern, to discuss its recently reported quarterly report for fiscal Q1 2007 with revenues topping $29.9 million, representing a $2.3 million gain over the same period the previous year.
The Company also reported $1.2 million in earnings before interest, taxes, depreciation and amortization (EBITDA), an increase of 50% from the first quarter of 2006.
“I am looking forward to speaking directly with our current and potential shareholders about our exceptional financial performance during this fiscal period,” said Bryan Chance, Chief Executive Officer of Titan Global Holdings. “For example, our substantial increase in EBITDA is a direct validation of Titan’s commitment to synergizing our subsidiaries to benefit our margins and to continue building shareholder value.”
During the conference call, Mr. Chance will discuss Titan's six wholly owned subsidiaries that are capitalizing on a broad range of technological innovations spanning telecommunications, electronics and homeland security. Derived from internal development and strategic acquisitions, Titan delivers cost-effective, secure, and environmentally-friendly solutions for customers around the world. Mr. Chance will also address investor questions.
Callers within the United States can access the conference call by calling (800) 230-1085; when prompted tell the operator you would like to connect to the 'Titan Global Holdings conference call.' International callers can dial (612) 288-0340. An online audio web simulcast of the call will also be accessible at 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 $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.
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.