SOURCE: Titan Energy Worldwide

September 27, 2007 09:00 ET

Titan Energy Development, Inc. Completes Delivery of 350Kw Back Up Power System to Identix

SAN DIEGO, CA--(Marketwire - September 27, 2007) - Titan Energy Worldwide, Inc. (OTCBB: TEWI) announced today that its subsidiary, Stellar Energy Services, Inc. delivered a 350Kw diesel engine generator system to Identix, a company that provides secure identification solutions. The generator system was designed to provide immediate back up power for the Identix's data center in case of a power disruption. Stellar Energy is an authorized dealer and service provider for Generac Power Systems in five Midwestern states.

Thomas Black, President of Titan Energy Worldwide, stated, "We are benefiting from an increase in activity in the data and security business segment. Second only to the hospitals and other health care facilities, data centers probably represent the next largest market for our emergency power equipment."

The standby system incorporates a 16 liter diesel engine supplied by Generac Power Systems, Inc. of Waukesha, Wisconsin and was installed outside the building in a sound attenuated weather proof enclosure. The engine generator can run for 24 hours without refueling its 693 gallon double wall fuel tank. The system output is 480 volts and is controlled by an ASCO Power Technologies 600amp automatic transfer switch.

More information on Stellar Energy Services can be found at www.titanenergy.com.

Investors are cautioned that certain statements contained in this document as well as some statements in periodic press releases and some oral statements of TEWI officials are "Forward-Looking Statements" within the meaning of the Private Securities Litigation Reform Act of 1995 (the "Act"). Forward-looking statements include statements which are predictive in nature, which depend upon or refer to future events or conditions, which include words such as "believes," "anticipates," "intends," "plans," "expects," and similar expressions. In addition, any statements concerning future financial performance (including future revenues, earnings or growth rates), ongoing business strategies or prospects, and possible future TEWI actions, which may be provided by management, are also forward-looking statements as defined by the Act. Forward-looking statements involve known and unknown risks, uncertainties, and other factors which may cause the actual results, performance or achievements of the Company to materially differ from any future results, performance, or achievements expressed or implied by such forward-looking statements and to vary significantly from reporting period to reporting period. Although management believes that the assumptions made and expectations reflected in the forward-looking statements are reasonable, there is no assurance that the underlying assumptions will, in fact, prove to be correct or that actual future results will not be different from the expectations expressed in this report. These statements are not guarantees of future performance and TEWI has no specific intention to update these statements.

Contact Information

  • Contact:
    Jeff Flannery
    Titan Energy Worldwide, Inc.
    (619) 342-7449