Titan Logix Corp.

Titan Logix Corp.

March 23, 2005 12:24 ET

Titan Logix Corp.: Grant of Stock Options


NEWS RELEASE TRANSMITTED BY CCNMatthews

FOR: TITAN LOGIX CORP.

TSX VENTURE SYMBOL: TLA

MARCH 23, 2005 - 12:24 ET

Titan Logix Corp.: Grant of Stock Options

EDMONTON, ALBERTA--(CCNMatthews - March 23, 2005) - Titan Logix Corp.,
(TSX VENTURE:TLA) reports that following the annual general meeting of
shareholders held on January 14, 2005 additional incentive options were
approved for an aggregate of 60,000 shares (10,000 shares for each
director) exercisable over a five-year period at a price of $0.135 per
share. The exercise price of the options was determined as the market
price for the Company's shares at the time the options were approved,
and all options have now been granted, subject to and in accordance with
the Company's Stock Option Plan, as approved by the shareholders on
January 18, 2002.

About Titan Logix Corp.

The Company is an emerging technology company comprised of
technology-based operations and operates as Titan Logix Corp.

The technology-based operations include multiple product and service
lines. Titan Logix Corp. develops, manufactures and services mechanical
and electronic gauging for fluid measurement systems, develops
electronic flame failure/ignition systems for atmospheric burners and
has developed a patented method of detecting changes in the return flow
of fluid in a well bore for use on drilling rigs. Titan also designs and
manufactures a range of electronic monitoring and control equipment for
the oil and gas, chemical and transportation industries.


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Contact Information

  • FOR FURTHER INFORMATION PLEASE CONTACT:
    Titan Logix Corp
    Les J. Evans
    President & Chief Executive Officer
    (780) 462-4085 (Edmonton)
    Email: invest@titanlogix.com
    Website: www.titanlogix.com
    The TSX Venture Exchange does not accept responsibility for the adequacy
    or accuracy of this release.