SOURCE: Title Consulting Services Inc

August 18, 2010 11:25 ET

Title Consulting Services Reports a Financial Turnaround and Recovery

ST. PETERSBURG, FL--(Marketwire - August 18, 2010) - Title Consulting Services, Inc (PINKSHEETS: TITL) has filed its year end financial statements for Financial Year Ending July 31, 2010. The financial year end shows top line growth of 17%, with a 34% increase in gross profit and a 13% reduction in expenses.

Dustin Secor, CEO, stated, "The real story is when you look at the progression of our quarterly results and further look at the year end over year end results, excluding depreciation and after accountant adjustments:

Q1 - $20,702
Q2 + $10,234
Q3 + $6,789
Q4 + $30,930
     
FYE 7/31/08 - $377,066
FYE 7/31/09 - $363,695
FYE 7/31/10 + $27,253

Secor commented, "These numbers all point to a solid foundation for continued recovery. Our staff is committed to continued effort toward improvement and we look forward to the implementation of our National Expansion as well as potential future acquisitions."

This complete filing, which was recently filed with Pink Sheets, should also fulfill the requirements for Current Information status.

In further news, Ludlow Capital has issued a research opinion:

"Ludlow Capital upgrades its research opinion on Title Consulting Services, Inc. (PINKSHEETS: TITL), an independent title insurance agency based in Florida, with an adjusted price target of $0.08 to $0.10 per share."

More information can be found at:

http://www.wallstreetnewscast.com/news/2010/august/titl.html

This press release may contain forward-looking statements covered within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements relate to, among other things, plans and timing for the introduction or enhancement of our services and products, statements about future market conditions, supply and demand conditions, and other expectations, intentions and plans contained in this press release that are not historical fact and involve risks and uncertainties. Our expectations regarding future revenues depend upon our ability to develop and supply products and services that we may not produce today and that meet defined specifications. When used in this press release, the words "plan," "expect," "believe," and similar expressions generally identify forward-looking statements. These statements reflect our current expectations. They are subject to a number of risks and uncertainties, including, but not limited to, changes in technology and changes in pervasive markets.

Contact Information