SOURCE: Titan Energy Worldwide

October 01, 2007 10:26 ET

Titan Energy Worldwide Announces New Megawatt Generator Systems Available Through Generac

SAN DIEGO, CA--(Marketwire - October 1, 2007) - Titan Energy Worldwide, Inc. (OTCBB: TEWI) announced today that its subsidiary, Stellar Energy Systems, will now be able to supply its critical and commercial markets with a new, and more powerful, megawatt standby generator system. Stellar is an authorized dealer and service provider for Generac Power Systems.

Generac Power Systems has announced the release of its new and more powerful Gemini® Twin Pack genset with a rating of 1000 kilowatts (1 Megawatt). Using Generac's onboard paralleling technology, Gemini's power is produced by two 500 kilowatt gensets operating within a single, sound attenuated enclosure. The new model takes the place of the 600 and 750 kW Gemini gensets that were introduced in 2002.

Stated Thomas Black, President of Titan Energy Worldwide, "We are excited to be able to offer this superior powergen solution to many of our larger customers. The Gemini Twin Pack genset is well-suited to a wide variety of applications, including hospitals, airports, office buildings, manufacturing plants, data centers and retail superstores."

Generac's industry-exclusive design has important advantages. "Because the generators can operate independently as well as in parallel, Gemini provides built-in redundancy for increased reliability," Black explains. "During normal operation, the electrical load is shared proportionately by both generators. If for some reason one is not operating, the other can provide up to 500 kilowatts of power. And as facilities expand and power needs grow, additional MPS gensets (Gemini Twin Pack or single engine models) can be added to meet the increased requirements and / or achieve n + (need plus) redundancy for critical loads. As many as seven Gemini units can be combined and paralleled for applications requiring up to 7 Megawatts."

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