FREMONT, Calif., May 6, 2004 (PRIMEZONE) -- Titan General Holdings, Inc. (OTCBB:TTGH), is pleased to announce today that they have entered into a relationship with a major international offshore printed circuit board supplier. The offshore partner had revenues in excess of 100 million USD in 2003, and supports customers including Siemens, Lucent Technologies, Delphi, Alcatel, Bosch, and Intracom.
"We are extremely excited to be part of this relationship as they were seeking a qualified partner to support them with prototypes and mid-volume products here in the United States. We are now well positioned to enhance our customer's requirements as we continue to build Titan General to the next level," stated Ken Shirley, CEO. "This relationship adds a new significant profit and revenue stream to our company and allows flexibility with new technological offerings. This will allow Titan to compete for substantial volume business in the commercial sectors."
Forward-Looking Statements
Statements made in this news release that relate to future plans, events or performances are forward-looking statements. Any statement containing words such as "believes" "anticipates" "plans" or "expects" and other statements which are not historical facts contained in this release are forward-looking, and these statements involve risks and uncertainties and are based on current expectations. Consequently, actual results could differ materially from the expectations expressed in these forward-looking statements. Reference is made to the Company's filings with the Securities and Exchange Commission for a more complete discussion of such risks and uncertainties.