SOURCE: Titan Energy Worldwide

November 14, 2007 12:35 ET

Titan Energy Worldwide, Inc. Hires Dean Pellegata as New Regional Sales Manager

SAN DIEGO, CA--(Marketwire - November 14, 2007) - Titan Energy Worldwide, Inc. (OTCBB: TEWI) announced today it has hired Dean Pellegata as one of its new Regional Sales Managers for the Titan Energy Development subsidiary. Titan Energy Development, Inc. manufactures and markets the Sentry 5000 mobile utility system.

Mr. Pellegata has over 25 years' experience working in the power generation industry including selling products manufactured by Caterpillar, Kohler, Generac and Katolight. Dean's standby engine generator expertise was enhanced when he accepted a position with ASCO Power Technologies Inc. in Detroit, Michigan. Mr. Pellegata gained a tremendous amount of experience with switching solutions. Mr. Pellegata joined DTE Energy Technology, a subsidiary of DTE Energy, in 2001 as a technical outside sales engineer. In 2003 he accepted a promotion to District Sales Manager for the Southeast area. Dean was responsible for 15 employees and worked throughout the Carolinas, and Florida.

Thomas Black, President of Titan Energy Worldwide, Inc., stated, "Dean brings tremendous experience and sales energy to the company. He has established himself as one of the top sales people in the diesel engine and generator set industry. We are extremely fortunate to have someone of his caliber on board as we increase our sales and marketing efforts for the Sentry 5000."

Developed by Titan, the Sentry 5000 allows for mobile deployment and supports emergency power generation, water purification, satellite voice and data communication, emergency area lighting, space conditioning (heat or cooling), and offers 50kW+ additional power capacity. The system was developed as a complete, self-contained unit for deployment by military, homeland security and natural disaster agencies.

More information on Titan Energy can be found at www.titanenergydevelopment.com. More information on Stellar Energy Services can be found at www.stellarenergyservices.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