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CybeRelease: (OTC: TTGL) Announced Beginning of 4 Million Share Buyback Plan


WEBWIRE

( CybeRelease, May 10, 2007 ) - Lake Harmony, Pa. - Titan Global Holdings, Inc. (OTC BB: TTGL), a high-growth diversified holding company, announced that the Company’s Board of Directors have commenced an approved 4 million share open market buyback plan. The Board cited its attractive share price, as well as reported record financial revenue results and strategic progress from its various business units in making this decision.

As of today, Titan has 49,129,052 shares of common stock outstanding. As of May 4, 2007, management, directors, and strategic investors of Titan already owned or controlled in excess of approximately 75% of the common stock issued and outstanding shares.

“Titan’s management, directors, and strategic investors continue to view our share price as a compelling value proposition,” said David Marks, Chairman of Titan Global Holdings. “Therefore, from time to time, these parties, including Titan, have and may make additional open market purchases consistent with SEC rules.”

In a private transaction, Titan previously announced its re-purchase on December 29, 2006 of 1,250,000 from Laurus Master Fund, Ltd. As of April 30, 2007, Titan had in excess of 2,000 shareholders. On May 4, 2007, Titan’s stock closed at $1.14 per share. Titan’s stock reached its 52-week high of $1.49 per share on March 8, 2007.

“Titan’s metrics have been exceptional with sequential quarterly increases in revenues, EBITDA and earnings,” said Bryan Chance, Chief Executive Officer of Titan Global Holdings. “We intend to take advantage of this attractive share price, which is currently trading at approximately 23.5% lower than our 52-week high. As such, Titan may from time to time continue such purchases with the resulting decrease in the Company’s float.”

Pursuant to SEC regulations 10b-18, the maximum price Titan can pay per share is the greater of the highest independent bid or the last independent transaction price quoted or reported; as for the daily quantity of shares purchased, the daily limit is 25% of the average daily volume for the preceding four-week period.

To read the complete release, go to http://biz.yahoo.com/bw/070509/20070509005379.html?.v=1

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Information, opinions and analysis contained herein are based on sources believed to be reliable, but no representation, expressed or implied, is made as to its accuracy, completeness or correctness. The opinions contained herein reflect our current judgment and are subject to change without notice. We accept no liability for any losses arising from an investor’s reliance on or use of this report. This report is for information purposes only, and is neither a solicitation to buy nor an offer to sell securities. A third party has hired and paid CybeRelease $500.00 for the publication of this report. Certain information included herein is forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements concerning manufacturing, marketing, growth, and expansion. Such forward-looking information involves important risks and uncertainties that could affect actual results and cause them to differ materially from expectations expressed herein. We have no ownership of equity, no representation and do no trading of any kind.



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