SOURCE: Titan Energy Worldwide

Titan Energy Worldwide

August 11, 2009 10:41 ET

Titan Energy Worldwide Announces Delivery of Automated Emergency Power Generators for Florida Department of Transportation

Generators Are Part of Florida's Emergency Response Program

MINNEAPOLIS, MN--(Marketwire - August 11, 2009) - Titan Energy Worldwide, Inc. (OTCBB: TEWI), a leader in the manufacturing, marketing and servicing of energy generation products and services, announced today the company's Florida subsidiary, Grove Power, Inc., has completed a deal to provide six emergency generators to be installed on the Florida 595 expressway as required by the Florida Department of Transportation. The systems are designed with advanced ASCO transfer switches that will automatically turn on the engine generators if a loss of power is experienced.

"We are proud to have been chosen to provide these advanced power generation systems to help make highways safer and emergency services more available in a state that is often severely impacted by hurricanes and storms. These generators will help maintain traffic flow and operations for the Florida Department of Transportation during hurricanes and power outages These systems demonstrate our commitment to offer our customers the most effective and intelligent power generation solutions, including remote monitoring and automated response features," stated Thomas Black, Chief Operating Officer of Titan Energy Worldwide.

The generators, manufactured by MTU Onsite Energy, are 35Kw clean burning, Tier 3 EPA certified, diesel engine generator systems. They are housed in steel, weatherproof and hurricane proof (rated at 150 mph winds) enclosures and are outfitted with fuel tanks that allow the systems to run up to 72 hours at 100% load. Each system has automatic transfer switches which will provide monitoring for Florida Power & Light, the local utility. If there is a loss of utility power, the switch will send a signal to start the generator and provide critical back up power within 10 seconds.

About Titan Energy Worldwide, Inc.

Since its founding in 2006, Titan Energy Worldwide has been dedicated to helping companies meet their power generation and energy management needs. To date we have focused on providing thousands of customers with the most advanced power generation equipment to enable their operations to continue uninterrupted during times of power failures or disasters. We have also established a professional service team that helps customers to maintain and manage their power generations assets. From emergency and back up power technologies, to demand response programs and Smart Grid applications, Titan Energy is setting a path for the future in energy management. For more information, please visit the company's website at: www.titanenergy.com.

Forward-Looking Statements

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

  • For more information about Titan Energy Worldwide please contact:

    Jeffrey Flannery
    Titan Energy Worldwide, Inc.
    952-217-0402
    Email Contact