Tytan CEO Sees Revenues up, Predicts Further Growth
KALAMA, WA -- (Marketwire)
03/04/10
Tytan International, Inc. (PINKSHEETS: TYTN) CEO
Mark Leonard has seen a significant revenue growth so far in 2010 and is
currently estimating about a 43% gain year over year. Continued positive
sales results will accelerate the corporate growth strategies which include
opening new stores in Washington, Oregon and California before marching
east with its highly popular Tytan tractor product line.
When asked about what guides his growth plans for Tytan, CEO Mark Leonard
said:
"What drives our overall strategy is a total commitment to real customer
service. There is no point in selling any product unless it is backed by
customer service. Our commitment will propel Tytan to a position of
industry leadership."
For the immediate term Tytan International, Inc. is set to open at least
four new stores on the west coast of the United States this year. Long term
goals include a full national presence.
Tytan International, Inc. is an exclusive manufacturer, importer, and
distributor of small to mid size tractors and related equipment. It also
holds three patents on technology that improves tractor performance and
which give Tytan a competitive edge. Tytan International, Inc. is a wholly
owned subsidiary of Tytan Holdings, Inc., a public company currently traded
on the over the counter (pink sheet) market under the symbol TYTN.
Statements contained herein, which are not historical facts, including
statements about plans and expectations regarding business areas and
opportunities, demand and acceptance of new or existing businesses, capital
resources and future financial results are "forward-looking" statements as
contemplated by the Private Securities Litigation Reform Act of 1995. Such
forward-looking statements are subject to risks and uncertainties,
including, but not limited to, government regulation, taxation, spending,
competition, general economic conditions and other risk factors which could
cause actual results to differ materially from those projected or implied
in the forward-looking statements. There may be other factors not mentioned
above that may cause actual results to differ materially from any
forward-looking information. The company takes no obligation to update or
correct forward-looking statements.
Investor Relations:
Telephone 860.484.3721
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Website www.TytanHoldings.com
