SAN JOSE, Calif., Aug. 1, 2006 (PRIMEZONE) -- Titanium Group, Ltd. (OTCBB:TTNUF), a leading biometric and security solutions provider, announced today that one of the Company's products, ProAccess FaceGuard, has successfully completed testing for Microsoft Certification. Titanium's ProAccess FaceGuard completed testing for the components, Platform Windows Server 2003 and Platform SQL Server of the Microsoft Platform Test for ISV Solutions at Veritest, the leading provider of globalization services that enable clients to develop, localize, test, and maintain their enterprise content and technology applications globally.
As a Microsoft Certified Partner, Titanium gains access to a multitude of resources that will help them in building better products, enhancing market presence, and driving profits and growth. Additionally, Microsoft provides the opportunities and benefits available to help Titanium amplify the impact in the marketplace, and Microsoft also is committed to supporting Titanium through effective program benefits and innovative Microsoft technologies. The Company will also have access to the Microsoft Certified Partner brand, free software licenses, and much more.
"Completing the difficult requirements set by Microsoft demonstrates a high degree of competence in working with Microsoft technologies and proves we have the expertise to deal with specific technology-related issues regarding Microsoft products," said Jason Ma, CEO of Titanium Group, Ltd. "We now join a prestigious list of companies worldwide who are Microsoft Certified Partners. In addition, we look forward to extending our relationship with Microsoft through the Microsoft Certified Partners Program which I am sure will be very beneficial for both companies."
Ma also said his company's ProAccess FaceGuard product has been listed in the Windows Server Catalog as well, which is Microsoft's single online source for customers and partners to find hardware and software that is compatible with the Windows Server 2003 family. ProAccess FaceGuard listed in the catalog has been tested as Certified or Supporting for Windows Server 2003 and Windows 2000 Server. The catalog is seen by Windows Server customers worldwide.
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. The Company's clients include: ESPN, IBM and the People's Bank of China.
Safe Harbor Provisions
Certain oral statements made by management from time to time and certain statements contained in press releases and periodic reports issued by Titanium Group, Ltd. (the ``Company''), as well as those contained herein, that are not historical facts are ``forward-looking statements'' within the meaning of Section 21E of the Securities and Exchange Act of 1934 and, because such statements involve risks and uncertainties, actual results may differ materially from those expressed or implied by such forward-looking statements. Forward-looking statements, including those in Management's Discussion and Analysis, are statements regarding the intent, belief or current expectations, estimates or projections of the Company, its Directors or its Officers about the Company and the industry in which it operates, and are based on assumptions made by management. Forward looking statements include without limitation statements regarding: (a) the Company's strategies regarding growth and business expansion, including future acquisitions; (b) the Company's financing plans; (c) trends affecting the Company's financial condition or results of operations; (d) the Company's ability to continue to control costs and to meet its liquidity and other financing needs; (e) the declaration and payment of dividends; and (f) the Company's ability to respond to changes in customer demand and regulations. Although the Company believes that its expectations are based on reasonable assumptions, it can give no assurance that the anticipated results will occur. When issued in this report, the words ``expects,'' ``anticipates,'' ``intends,'' ``plans,'' ``believes,'' ``seeks,'' ``estimates,'' and similar expressions are generally intended to identify forward-looking statements. Important factors that could cause the actual results to differ materially from those in the forward-looking statements include, among other items, (i) changes in the regulatory and general economic environment; (ii) conditions in the capital markets, including the interest rate environment and the availability of capital; (iii) changes in the competitive marketplace that could affect the Company's revenue and/or cost and expenses, such as increased competition, lack of qualified marketing, management or other personnel, and increased labor and inventory costs; (iv) changes in technology or customer requirements, which could render the Company's technologies noncompetitive or obsolete; (v) new product introductions, product sales mix and the geographic mix of sales.
The Company disclaims any intention or obligation to update or revise forward-looking statements, whether as a result of new information, future events or otherwise. Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: The statements which are not historical facts contained in this advertisement are forward-looking statements that involve certain risks and uncertainties including but not limited to risks associated with the uncertainty of future financial results, additional financing requirements, development of new products, governmental approval processes, the impact of competitive products or pricing, technological changes, and the effect of economic conditions.