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Friday, 06/07/2013 9:28:15 PM

Friday, June 07, 2013 9:28:15 PM

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Titanium Group Announces $5 Million Agreement With GuangDong Qui


Titanium Group Announces $5 Million Agreement With GuangDong
Quite Tone Cyber Technology On Intelligent Visitor Management
System
SAN JOSE, Calif., Nov. 25, 2008 (GLOBE NEWSWIRE) -- Titanium Group, Ltd. (OTCBB:TTNUF), a leading biometric and security solutions provider, announced today that the company has signed a contract agreement with GuangDong Quite Tone Cyber Technology (Q-Tone, www.qtone.cn) on eGuard, the Company's intelligent visitor management system. The contract designates Titanium as the sole provider of such systems with estimated business volume of $5 million. The Company expects to begin fulfillment early 2009.

eGuard is a kiosk-based solution with its core engine powered by Titanium's latest inventions in facial recognition and RFID technology. Through advanced machine vision technology, IVMS collects unique facial geometry for comparisons and analysis. This product is ideal for businesses that manage a large number of visitors and require a certain level of security that is non-invasive. It is a robust solution for businesses to control visitor flow, and ensure all visitors who have entered an area have exited and are properly recorded during a specified period of time.

"We are delighted to secure a contract with such revenue commitment; it represents a major step forward for Titanium. More importantly, it is our understanding that Q-Tone will be distributing eGuard to various Government agencies via China Telecom (NYSE:CHA) in GuangDong, China, which is truly a tremendous endorsement for the quality and performance of our solution," said Billy Tang, CEO of Titanium Group.

About Titanium Group

Titanium Group, Ltd. (http://www.titanium-tech.com), and its wholly owned subsidiary Titanium Technology, is a leading biometric and security solutions provider featuring its proprietary and patented automated Face Recognition Systems (AFRS). Titanium's AFRS products capture human face images electronically, input the facial images into searchable files (faceprint) and, in just seconds, accurately compare the facial images to a database containing millions of faces. These cutting-edge products reduce administration cost, enhance security, and significantly increase overall productivity. Titanium's products are distributed worldwide, either directly or through resellers or OEM partners, to governments, law enforcement agencies, gaming companies, and other organizations.

About Q-Tone

GuangDong Quite Tone Cyber Technology LTD is a provider of products, technologies, software, solutions and services to small- and medium-sized businesses (SMBs) and large enterprises, including in the public and education sectors. Q-Tone's offerings span office automation systems; taxation reporting products and services; intelligent kiosks solution, educational information technology infrastructure, including school management automation and access control system. The Company has over 10 offices in China with a team of IT practitioners over 800 talents.

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