Titan Logix Corp.

TSX VENTURE : TLA


Titan Logix Corp.

April 28, 2014 09:00 ET

Titan Logix Corp. Announces Full Production Launch of New Liquid Level Display/Controller for the TD80-the Finch II™

EDMONTON, ALBERTA--(Marketwired - April 28, 2014) - Titan Logix Corp., (TSX VENTURE:TLA) ("Titan" or the "Company"), an advanced technology industrial instrumentation and controls company, announces the full production launch of the new Finch II display/controller. Designed for use with Titan's proven TD80™ liquid level gauging system for mobile tankers, the Finch II is an enhanced version of Titan's classic external display, the Finch 5332E™.

"Customer and channel partner response to the limited quantity shipments of the Finch II announced in January has been very positive," said Greg McGillis, P.Eng., President and CEO. "We are pleased to announce the full production launch and look forward to the opportunity for our fluid transportation customers to connect their fleet communication systems to the TD80/Finch II to provide "In the Office" visibility of their mobile inventory."

With a five-digit LED display and other customer requested features, the Finch II offers easier installation and operation. A key improvement to the Finch II is its ability to monitor up to two compartments simultaneously, which will switch the display to the compartment experiencing alarms. When coupled with appropriate accessories, this feature provides customers with reliable overfill prevention and high-level shutdown at a more cost-effective price. This has value in both new construction and retrofit sales.

Four dedicated and programmable built-in relays remove the need for an external relay module and allow the unit to control a light, horn, pump and fourth auxiliary output, when an alarm level is reached. The Finch II is compatible with new and existing TD80 systems, including Titan's new Rack Control Module. The built-in RS232 interface enables development of customer specific solutions for connection to wireless modems for "in the office" fleet management.

Like all components in Titan's TD80 liquid level gauging systems, the new Finch II is CSA approved for safe use in hazardous areas.

About Titan Logix Corp.:

Founded in 1979, Titan Logix Corp. is a high technology company specializing in Research and Development (R&D), manufacturing and marketing of advanced technology fluid management solutions. The Company's products include Guided Wave Radar (GWR) gauges for level measurement and overfill prevention (particularly for use in mobile tanker applications), level gauges for storage tanks, burner management for oilfield heaters, and communication systems for remote alarming and control.

This is captured by our slogan "Advanced Technology Fluid Management Solutions, In the Field, On the Road, In the Office"™.

  • In the Field: "In the Field" refers to Titan's solution offerings for storage tanks and process vessels.
  • On the Road: "On the Road" refers to Titan's solution offerings for mobile tanker trucks and trailers.
  • In the Office: "In the Office" refers to Titan's solution offerings that enable customers to monitor their fluid assets from the convenience of their dispatch center or other back office environment through a wired or wireless connection.

Titan Logix Corp. is a public company listed on the Toronto Venture Stock Exchange and its shares trade under the symbol, TLA.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

This news release contains certain statements with information that may be forward-looking and subject to unknown risks and uncertainties. The actual results, performance and achievements of Titan Logix Corp. may differ materially from the results, performance and achievements expressed or implied by such forward-looking statements. These forward-looking statements may not relate strictly to historical or current facts. They represent management's views as of the date of this press release and we assume no obligation to update them. We caution you not to place undue reliance on these forward-looking statements.

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