SOURCE: Titan Energy Worldwide, Inc.

September 24, 2007 10:08 ET

Titan Energy Development, Inc. Completes Delivery of 300kW Generator to Senior Living Facility in Warroad, Minnesota

SAN DIEGO, CA--(Marketwire - September 24, 2007) - Titan Energy Worldwide, Inc. (OTCBB: TEWI) announced today that its subsidiary, Stellar Energy Services, delivered a 300kW diesel engine generator system to Warroad Senior Campus, located in Warroad, Minnesota. The system is large enough to supply emergency power to the complete assisted living community. Warroad Senior Campus is located in northern Minnesota and is subject to extreme cold weather conditions. Stellar Energy is an authorized dealer and service provider for Generac Power Systems in five Midwestern states.

Mike Marcinek, Sales Engineer for Stellar Energy, stated, "The hospital, outpatient clinic, nursing home, and assisted living communities are markets we targeted at the beginning of 2006. The health care market continues to be a strong growth area for our emergency products and repair services. This system will enable residents to enjoy their assisted living home regardless of any power interruptions that may be caused by a loss of utility service."

The emergency power system that Stellar provided includes a sound attenuated outdoor enclosed 300kW diesel engine generator, and (3) General Electric, Zenith automatic transfer switches. The automatic transfer switches continually monitor the incoming utility, if there is a loss of power the system will automatically start and transfer the assisted living community onto the engine generator within 10 seconds. The engine generator was manufactured by Generac Power Systems, Inc. of Waukesha, Wisconsin. The 300kW unit is large enough to power 50 average residential homes.

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