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TTGL (.40) Titan Global Holdings Unveils Strategic Acquisition Plan for Titan Global Energy Group Division
Friday, June 06 2008 10:28 AM, EST

Business Wire    "US Press Releases "
DALLAS --(BUSINESS WIRE)--
Titan Global Holdings, Inc. ("Titan") (Pink Sheets: TTGL), a high-growth diversified holding company, today announced the launch of Titan Global Energy Group's acquisition plan in the petroleum distribution market segment. The plan is intended to capitalize on macro economic factors driving up the price of petroleum, as well as placing a financial strain on current petroleum distributors.
"We formed Titan Global Energy Group eleven months ago to capitalize on the dynamic and often lucrative energy sector," said Bryan Chance, President and Chief Executive Officer of Titan Global Holdings . "We have successfully completed and integrated our acquisition of Appalachian Oil Company ("Appco"), a leading petroleum distribution company in the Southeastern United States . Leveraging Appco's scale and management team expertise, and macro economic energy factors, we are poised to 'roll-up' petroleum distribution companies of various sizes and types in our adjacent markets."
Appco generated more than $400 Million in annual revenues in fiscal year 2007. Today, Appco distributes petroleum products to more than 160 dealers and owns and operates 56 convenience store locations. Appco has more than 550 employees and maintains long standing partnerships with strategic terminal operators and major oil companies.
Mr. Chance outlined the following macro economic energy factors contributing to Titan Energy Group's acquisition plan:
-- West Texas intermediate crude spot prices averaged $66 and $72
per barrel in 2006 and 2007, respectively. The Current spot
price for West Texas Intermediate Crude Oil is over $120 per
barrel.

-- The rising prices for crude oil in 2008 will result in higher
prices for all petroleum products. Regular-grade gasoline is
approaching $4 per gallon in 2008 in most markets, or $1.19
above the 2007 annual average price.

-- World oil consumption is projected to grow by 1.2 million
barrels per day (bbl/d) in 2008. As a result of the economic
slowdown and higher petroleum prices, United States
consumption of liquid fuels and other petroleum is expected to
decline by approximately 190,000 bbl/d in 2008.(1)
"The continued rising cost of petroleum products is straining and increasing the amount of working capital necessary to operate retail and wholesale petroleum operations," said Marty Anderson, President of Appalachian Oil Company . "While the consumers carry an increased burden for these rising costs of petroleum, small to intermediate sized independent distributors and operators of petroleum at retail and wholesale locations are experiencing great financial strain. We are in discussions with a number of such parties involving acquisition plans that would provide a significant gain for the Company, including for their ownership groups while providing Appco with a synergistic growth proposition. Appco has and will leverage its scale and relationships with major petroleum suppliers."
"Titan will continue to pursue sound organic and strategic transactions that add shareholder value," said David Marks, Chairman of Titan Global Holdings, Inc. "The timing and nature of this plan makes sense for Appco and, additionally, provides a robust channel for our corporate focus and planned growth in the production and distribution of biofuels."
(1)Source: Energy Information Association , United States Government
About Titan Global Holdings
Titan Global Holdings is a diversified holding company with a dynamic portfolio of subsidiaries spanning international telecommunications, electronics and homeland security, consumer products and energy resources and distribution.
Titan's operating divisions include the following:
The Titan Global Energy Division owns and operates traditional and next-generation renewable energy and fuel assets that can provide significant opportunities for growth in one of the world's largest and most critical markets.
Titan's Communications Division serves the communication needs of those individuals that have emigrated from their host country to the United States or other countries and plans to addresses a range of high-growth markets in the international telecommunication segments, including communication technology, platform management, international wholesale communication and the distribution of prepaid international telecommunication products.
Titan Global Brands designs, develops, and distributes consumer products from value categories to high end branded categories, through its existing distribution channels and new ones suitable for such products. Together, it integrates, protects and expands its consumer brand management capabilities to leverage and optimize growth across Titan's worldwide distribution channels.
Titan Card Services plans to capitalize on the burgeoning multibillion-dollar international prepaid money transfer sector. Titan Card Services' proprietary technology provides for convenient and efficient international money transfers.
Titan's Electronics and Homeland Security Division includes Titan PCB East, Inc. , Titan Electronics Inc. , and NEO EMS, Inc. These companies specialize in the manufacture of advanced circuit boards and other electronic products for classified military and defense department customers, and other 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 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.


Forward-Looking Statements
Safe Harbor Statement Under the Private Securities Litigation Reform 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 rates 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.
Source: Titan Global Holdings, Inc.