SOURCE: Titanium Group Ltd

March 20, 2007 08:30 ET

Titanium Group Announces Contract With the Largest Logistics Company in Hong Kong

Eastern Worldwide Company Limited to Utilize ProAccess FaceAttend in Rapidly Growing Freight Forwarding and Logistics Industry

SAN JOSE, CA -- (MARKET WIRE) -- March 20, 2007 -- Titanium Group, Ltd. (OTCBB: TTNUF), a leading biometric and security solutions provider, today announced it has signed a contract to provide its ProAccess FaceAttend security solution to Eastern Worldwide Company Limited (EWW), one of the largest logistics companies in Hong Kong. EWW switched from using a fingerprint system for time attendance to Titanium's ProAccess FaceAttend due to its superior performance and its user-friendliness. Titanium's ProAccess FaceAttend has been installed at EWW to provide the company with a new generation time attendance solution, which not only provides a great degree of accuracy and convenience but also prevents any act of buddy punching. At the same time, it also ensures that only authorized personnel are present on the premises, which is also an imperative issue for warehouses of logistic companies where valuable goods of customers are stored. FaceAttend also promotes greater convenience and ease of maintenance as face recognition technology requires no physical contact as opposed to EWW's existing fingerprint system.

According to Dr. Johnny Ng, Chairman of Titanium Group, Ltd, the agreement "is an excellent project for Titanium to demonstrate the security benefits of its technology in this business environment, which imports / exports products for major companies all around the world in which "homeland security" is of great concern. We are confident that our technology can be of substantial benefit to organizations who utilize our technology in areas of security against the war on terrorist activity around the world."

"Since EWW is one of the leaders in the logistics industry throughout HK offering comprehensive and quality services for its clients, they have to compete and operate cost-effectively in a global market featuring intense competition. This type of client is an ideal one for the types of products we offer at Titanium," said Dr. Johnny Ng, Chairman of Titanium Group, Ltd. "Many of our clients who experience our ProAccess FaceAttend product firsthand see just how effective and comprehensive it really is, especially for the Human Resource Department to simply and accurately determine the remuneration for each staff based on the database of time attendance records. Often this benefits them to have better management and streamline their business operation process with our superior biometric products.'"

Senior Manager of EWW said, "We have found that the fingerprint system we have been using has problems with the hygiene of physical contact between the device and a large number of users. Also, the accuracy and sensitivity of the system has been affected as well due to wear and tear but with Titanium's ProAccess FaceAttend these types of problems are simply solved and we are able to realize an efficient and cost-effective solution as an advantage for driving our sustainable growth."

About Eastern Worldwide Company Limited:

Eastern Worldwide Company Limited (EWW) (www.eww.com.hk), established in 1973, is one of the largest Hong Kong based freight forwarding and logistics companies. EWW specializes in shipping, international freight forwarding services, and large scale infrastructure and construction projects for providing multi-modal and quality services that cover a wide range of logistics needs to various businesses of all sizes. Adding to its long-standing status and years of continued development and expansion, EWW is well positioned with dominant presence in the fast growing freight forwarding and logistics industry.

About Titanium Group:

Titanium Group, Ltd., through its wholly owned subsidiary Titanium Technology, is a leading biometric and security solutions provider featuring its proprietary and patented automated Face Recognition Systems (AFRS). Titanium's AFRS products capture human face images electronically, input the facial images into searchable files (face print) and, in just seconds, accurately compare the facial images to a database containing millions of faces. The Company's clients include ESPN, IBM and the People's Bank of China. For more information please visit (http://www.titanium-tech.com)

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