TGLE-NEWS Titan Global Announces New Corporate Image "eComm 3 Media, Inc."
Titan Global Entertainment, Inc. (PINKSHEETS: TGLE) announces that the Board of Directors has approved the formation of a wholly owned subsidiary named eComm 3 Media, Inc. which will act as the operating entity of its Media Distribution Business Unit. The image created by this business unit will be used throughout the Company. Shareholders and interested individuals can visit the new corporate website at www.ecomm3.com. On February 8, 2007, the Company announced the completion of its Artist Distribution Business Unit and the appointment of Mike Manocchio as its Chief Executive Officer. The Company will be announcing in the near future its executive selection as to the Chief Executive Officer of the new Media Distribution Business Unit.
"Titan Tunes" which originally was positioned as the cornerstone of the Company's worldwide music presence is undergoing redesign to include a comprehensive library of entertainment media. The portal will be renamed to e-Go Media. The website is designed to provide users with the ability to customize both look and feel, creating a personalized design and a feeling of total control over the experience. The single-page navigation design concept and fixed viewing screen keep all of the controls in the user's hands providing the simplest and most comfortable experience available in the marketplace. This will differentiate the distribution of personalized entertainment from all others. This general concept will reduce the amount of steps making the purchase process an easy, fast and secure one.
Most websites that provide the option for online purchase have a system involving multiple steps. This results in more than half of the consumers (57%) abandoning the shopping cart before finalizing the purchase. The user is provided a new online buying experience which makes the purchase process an easy, fast and secure one while never leaving the e-Go Media page.
Jim Pugh, Chairman & CEO of Titan, stated, "This is one more step towards the completion of our restructure plans. We are excited about the new corporate image and business focus. We are now in a position to regularly provide public updates regarding our restructure progress. Exciting things are continuing everyday and we look forward to a very profitable year for our shareholders."
Titan Global Entertainment, Inc. is a multi-faceted entertainment company that specializes in media distribution through its state-of-the-art web portal -- www.ecomm3.com and traditional record production and marketing through Universal Music Group distribution, television, publishing and artist management. Titan is dedicated to supplying new emerging technologies for music to talented artists of various backgrounds on the worldwide web.
