CybeRelease: (OTC: TTGL) Expands Sales Network
(CybeRelease, January 16, 2007) - Lake Harmony, PA - Titan Global Holdings, Inc. (OTC BB: TTGL), a high growth diversified holding company, today announced that its Electronics and Homeland Security Division has contracted more than 10 new sales representatives to expand the Company’s customer base in the multibillion dollar defense and high-tech markets.
By increasing its sales force by more than 100%, Titan has further positioned itself to continue expanding the Company’s market share with North American customers seeking supplier services and manufacturing priority, generally reserved for top tier customers.
“Increasing our sales representative network will have immediate positive impact on our bottom line performance,” said Mike Kadlec, Executive Vice President of Titan’s Electronics and Homeland Security Division. “Additionally, we can channel our energy to meet the needs of our sales representative network. This will exponentially increase our reach in the marketplace for 2007.”
Titan’s Electronics and Homeland Security Division includes Titan PCB East and Titan PCB West. These companies specialize in the manufacturing of advanced circuit boards and other high tech products for military and high-tech clients, and generated record revenues in 2006. Titan’s PCB East holds the highly coveted 31032 manufacturing certification from the U.S. Department of Defense.
“Expanding our sales network efficiently will have a profound impact on our division,” said Curtis Okumura, President and Chief Executive Officer of Titan’s Electronics and Homeland Security Division. “The network expansion enables us to increase geographic coverage and market share. This also increases our customer touch giving Titan the opportunity to leverage its speed and responsiveness to market demands.”
Recently, Titan also launched the Titan Fastrac program, an advanced technology program designed to capitalize on substantial increases in efficiency, capacity, revenue generation and gross margins. Fastrac will streamline quoting, operations and fulfillment in the end-market, currently occupied by small, fragmented competitors.
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