Wednesday, March 23, 2011 9:15:42 AM
TEAM Title, Inc. Receives 5 Title Agent Licenses; Opens 9 Additional Markets While Boosting Bottom Line
TEAM Title, Inc., a wholly owned subsidiary of TEAM Nation Holdings Corporation ("TEAM") (OTCBB: TEMN) (PINKSHEETS: TEMN), is pleased to announce that it received its title agent licenses in Georgia, Minnesota, New Jersey, Pennsylvania, and West Virginia. The licenses allow TEAM Title to process direct title and settlement operation in those markets. These markets are in addition to the District of Columbia, New York, Iowa, Kentucky and Rhode Island. TEAM Title seeks to expand its licenses into 38 markets in 2011, including Florida, Arizona, Nevada and Texas.
Dennis Duffy, CEO of TEAM, stated, "These licenses and markets establish a foundation from which we will drive revenue to the direct title operation. We will continue to seek expansion in 2011 and will strive to generate transactions in our licensed territories."
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