SOURCE: Transfer Technology International Corp.

November 19, 2008 09:00 ET

Transfer Technology Announces Former Mayor as Director of Newly Formed Strategic Advisory Consulting Board

TAMPA, FL--(Marketwire - November 19, 2008) - TTI Corp. (PINKSHEETS: TTIN) announces the formulation of a new advisory board and its new director, Former Tampa mayor Dick Greco, to head up the 3-5 person consulting board. Dick Greco was born and raised in Tampa and has been elected Mayor of Tampa four times. Former Mayor Greco has spent much of his non-political life working with the DeBartolo Corporation as a Vice President where he worked for 21 years and since 2004 has been employed as Executive Vice President for Lindell Properties.

Chris Trina, Chairman and CEO, states, "Our Company is in a position where we need to formulate a strategic advisory board that is filled with key, influential consultants. I am honored and delighted to have a man of Dick Greco's caliber and knowledge joining our company as the new Director of our Strategic Advisory Consulting board. Dick brings to our company a wealth of experience, both in the private and government sectors, which is extremely useful for TTI Corp. as we grow our business relationships and patent portfolio and move forward with the growth of our company."

Dick Greco stated, "I am very impressed with the potential of TTI's current patents and with the projects currently underway in their pipeline as well. I believe strongly in the future of this company and truly believe I can be of great assistance in helping them reach both their short and long-term goals. It is my personal goal to fill the other key slots on this board with as many as 4 more people over the next few months."

Transfer Technology International Corp. acquires, procures and/or funds research, intellectual property and technologies for commercial transfer to world-class business partners. The company generates revenue from transfer fees, licensing and strategic alliance fees and from the sale of intellectual properties.

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Disclaimer and Forward-Looking Statements -- The information contained herein regarding risks and uncertainties, which may differ materially from those set forth in these statements, in addition to the economic, competitive, governmental, technological and other factors, constitutes a "forward-looking statement" within the meaning of Section 27A of The Securities Act of 1933, as amended, Section 21E of the Securities Exchange Act of 1934, as amended, and the Private Securities Litigation Reform Act of 1995 and is subject to the safe harbors created thereby. While the company believes that the assumptions underlying such forward-looking information are reasonable, any of the assumptions could prove inaccurate and, therefore, there can be no assurance that the forward-looking information will prove to be accurate. Accordingly, there may be differences between the actual results and the predicted results, and actual results may be materially higher or lower than those indicated in the forward-looking information contained herein.

Contact Information

  • Contact for Investors:

    Mr. Christoph A. Trina
    Chairman and CEO