SOURCE: Wall Street News Alert

August 01, 2006 09:43 ET

Stock on the Move: TTGL Announces Roll-Up Acquisition Strategy! August 1, 2006

NOTE TO EDITORS: The Following Is an Investment Opinion Being Issued by Wall Street Capital Funding.

WESTON, FL -- (MARKET WIRE) -- August 1, 2006 -- Wall Street News Alert's "stocks to watch" this morning are: Titan Global Holdings, Inc. (OTCBB: TTGL), msystems (NASDAQ: FLSH), Level 3 Communications, Inc. (NASDAQ: LVLT) and Ciena® Corporation (NASDAQ: CIEN).

Titan Global Holdings, Inc. (OTCBB: TTGL) may be a target of aggressive investors and day traders this morning! Yesterday after the stock markets closed, the company issued a press release announcing a Roll-Up acquisition Strategy to actively pursue accretive acquisitions engineered to increase shareholder value for its wholly owned subsidiary, Oblio Telecom, Inc.

News of acquisition Strategy should get the attention of investors! Oblio believes its industry is poised for the roll-up of synergistic telecommunication businesses. While Oblio has cast a wide net to expose such strategic acquisition opportunities, Oblio is already in advanced discussions with several acquisition targets regarding the combination of their telecommunication businesses with that of Oblio.

"We are in discussions with a number of companies that are focused on prepaid telecommunications businesses," stated Kurt Jensen, President and CEO of Oblio Telecom. "We are primarily interested in companies that add incremental revenue and accretive cash flow, marketing and distribution capabilities that complement ours. Finally, as we seek to retain and leverage a target's key management, we have focused on those opportunities wherein Oblio can create proper alignment with the key management in the acquired companies."

Investors should continue to monitor the progress of Titan Global! "Oblio has been exposed to many acquisition opportunities. In determining which acquisition opportunities to pursue, we have focused on those that can be completed on favorable financial terms as well providing other tangible and intangible value components for Oblio," said Bryan Chance, Chief Financial Officer of Titan. "Further, we continue to have and pursue promising opportunities to organically grow our existing products and services. Therefore, such acquisitions will only be made if there are compelling financial and business reasons that increase shareholder value."

Wall Street News Alert is placing Aggressive Investors on alert to monitor the progress of Titan Global! Earlier this month, Titan Global reported record consolidated financial results for the third quarter of fiscal 2006 ended May 31, 2006, which included total operating revenues of $28.8 million. In that company press release, it is interesting to note one of the comments made by David Marks, Chairman of Titan, when he stated, "Titan's management, directors, and strategic investors continue to view Titan's current share price as a compelling value proposition. Therefore, from time to time, these parties may make open market purchases consistent with SEC rules." In addition, it was reported that Titan's operating divisions generated the cash flow necessary to reduce its senior term debts by approximately $3.8 million to a balance of $10.5 million.

Continue to watch this company!

Prior to the latest press release, the stock closed yesterday at Fifty-Nine cents a share.

For an in-depth profile of Titan Global Holdings, visit http://www.thenewssvc.com/TTGL073106.html

To view all of Wall Street News Alert's special early morning trading alerts for this morning, visit www.WallStreetNewsAlert.com, where you may also sign up to receive free email alerts in advance of our press releases being issued.

In case you are not familiar with the company: Titan Global Holdings, Inc (OTCBB: TTGL) is an emerging growth telecommunications and technology company. The company is best known for its Picante and TCC brands marketed through its Oblio Telecom division (www.obliotel.com) which is a market leader in prepaid telecommunications services based in Richardson, Texas. Oblio Telecom provides a broad array of prepaid international calling cards through a distribution network covering an estimated 60,000 retail locations nationwide and in Puerto Rico. The Company is currently strategic partners with two tier one communications providers for its prepaid calling card services and is expanding its capacity to terminate calls internally. Additionally, the Company successfully launched BRAVO Cellular, a prepaid wireless communications division, in its second fiscal quarter of 2006. BRAVO Cellular offers prepaid wireless solutions to a rapidly expanding market segment through a mobile virtual network operator agreement with a tier one communications provider.

The Company also operates Titan PCB, a leading manufacturer of printed circuit boards with facilities in California and Massachusetts. The Massachusetts facility (www.titaneast.com) is 31032 certified by the United States Department of Defense. This facility specializes in military production and rigid flex production. The California facility (www.titanems.com) focuses primarily on innovative prototype, quick-turn and pre-production of high layer count printed circuit boards.

The Company employs more than 200 people in Amesbury, Massachusetts; Fremont, California and Richardson, Texas.

msystems (NASDAQ: FLSH) up 13.2% on 15.8 million shares traded.

msystems has been transforming raw flash material into smarter storage solutions since 1989.

Level 3 Communications, Inc. (NASDAQ: LVLT) up 13.2% on 15.8 million shares traded. Level 3 Communications, Inc. is a international communications and information services company, operates one of the largest Internet backbones in the world.

Ciena® Corporation (NASDAQ: CIEN) up 2.8% on 11.8 million shares traded.

Ciena Corporation is the network specialist, focused on expanding the possibilities for its customers' networks while reducing their cost of ownership.

Market Commentary:

"The economy is still expanding as the Chicago region's National Association of Supply Managers said. The report regarding factory activity said that July was up 57.9% versus June's 56.5%. Economists were expecting a drop to 55.8%; anything over 50% indicates an expanding economy, hence inflationary worries, hence FOMC rate madness, get it," stated Sonja Rudd in Wall Street News Alert's daily commentary continued at: http://www.WallStreetNewsAlert.com.

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