SOURCE: Titan Energy Worldwide

July 31, 2008 09:00 ET

Titan Energy Worldwide Delivers Two Sentry 5000™ Mobile Utility Systems to Distribution Partners in New York and Louisiana

MINNEAPOLIS, MN--(Marketwire - July 31, 2008) - Titan Energy Worldwide, Inc. (OTCBB: TEWI), a leader in manufacturing, marketing and servicing of energy generation products and services, announced today that its subsidiary, Titan Energy Development, has delivered two Sentry 5000™ Mobile Utility Systems to its new National Distribution Network. These units are being deployed to regional distribution partners in two key markets of New York City and the Louisiana Gulf Coast region.

According to Dean Pellegata, Business Development Manager for Titan Energy, "As production is ramping up, these Sentry units are arriving at a critical time just ahead of the season's first string of hurricanes when the gulf coast region is acutely focused on disaster readiness. Timing of the Sentry unit's introduction to this target market is ideal to accelerate awareness and business opportunities as local emergency responders take inventory and amplify their disaster response capabilities."

Earlier this year, Titan Energy singed a distribution agreement with Katolight, one of the largest manufacturers of power generation equipment in North America. As part of this agreement to market the Sentry 5000 throughout the US and Canada, selected Katolight distributors are acquiring Sentry 5000 units as inventory for demonstration and marketing purposes. These initial units will be displayed and demonstrated for potential customers in two key areas often hit by natural and manmade disasters.

About the Sentry 5000™

The Sentry 5000™, manufactured exclusively by Titan Energy Worldwide, is an all-in-one, self-contained trailer mounted unit built for emergency response, disaster relief and remote utility support when standard utility service is unavailable. The on-board utility systems support emergency power generation, water purification, satellite voice communication, emergency area lighting, air conditioning and heating and offers 50 kW+ of additional power capacity. The system provides up to 80 hours of self-sufficient emergency power generation (dependent of load utilization) before refueling, enough electricity to power 10 homes or a 20,000-square-foot office building and purified drinking water delivered at 3.600 gallons per day. Designed for fast deployment and easy operation, the unit is compact enough to be pulled by an SUV or pickup truck and operational within minutes of arriving onsite.

More information about the Sentry 5000™ can be found at: www.titansentry.com

About Titan Energy Worldwide, Inc.

Titan Energy is a leader in the manufacturing, marketing and servicing of energy generation products and services, a major participant in the distributed, renewable, and alternative energy industries, and a leader in the development and support for new energy-related technology. Founded in 2005, Titan combines engineering expertise, established sales and distributorships, service operations and unique strategic partnerships to meet the growing global demand for clean, efficient, energy solutions. Titan serves disaster recovery first responders, relief agencies, homeland security, the department of defense and municipalities. For more information, visit the company's website 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:
    Titan Energy Worldwide, Inc.
    Julie Kane
    248-446-8557