SOURCE: Titan Energy Worldwide

January 08, 2008 12:08 ET

Titan Energy Worldwide Subsidiary, Stellar Energy Services, Receives Order for Back-Up Power System to University of Minnesota Duluth

SAN DIEGO, CA--(Marketwire - January 8, 2008) - Titan Energy World Wide (OTCBB: TEWI) announced today that its wholly owned subsidiary, Stellar Energy Services, was awarded the contract to supply the emergency back-up engine generator system for the University of Minnesota Duluth's new data center. Stellar is an authorized dealer and provides sales and support for Generac Power System, Inc. generators and other products in Minnesota, West Wisconsin, North and South Dakota, Iowa and Nebraska. Through Stellar, Titan offers a full range of gas and diesel powered products including standby power systems, modular power systems, residential, light commercial and telecommunications systems.

The engine generator being delivered to University of Minnesota Duluth is a 300KW natural gas power system manufactured by Generac Power Systems located in Waukesha, Wisconsin. The engine generator system will be installed outside in an ultra quiet sound attenuated enclosure. The system also includes one ASCO Series 7000 Bypass Isolation automatic transfer switch rated 1200amps. The transfer switch was specifically designed for critical applications similar to this data center.

Tom Vagts, COO of Stellar Energy, stated, "The bypass switch allows our technicians the ability to test the automatic functions of the transfer switch without any disruption the power flow into the UPS system. The bypass portion of the transfer switch also allows maintenance to be performed without any interruptions from normal utility power."

More information on Titan Energy Worldwide Inc. and 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