Title Consulting Services, Inc.

March 16, 2011 15:46 ET

Title Consulting (TITL): Second Mobile App Merger Announcement

ST. PETERSBURG, FLORIDA--(Marketwire - March 16, 2011) - Title Consulting Services, Inc. (PINK SHEETS:TITL) (www.titleconsultingservices.com) is pleased to announce that its merger with a high-tech venture company that specializes in creating applications for smartphones and mobile Internet devices is expected to close within 90 days.

TITL management has signed a Letter Of Intent (see news release of Feb. 22 http://www.minamargroup.net/support/index.php?_m=news&_a=viewnews&newsid=660) and continues the due diligence for this merger and/or acquisition. The company is very high on this venture and its further integration into the high-tech sector, as mobile applications have become a huge growth industry in recent years.

Revenue generated from apps last year was $2.5 billion, according to AdMob, one of the world's largest mobile advertising networks that was acquired by Google in 2010 for $681 million. The mobile application sector is expected to explode in the next few years and annual revenues have been estimated to reach $35 billion by 2014.

There are approximately 150,000 apps available to download from Apple's iTunes store alone, and that number is increasing rapidly. The average user downloads 11 new programs a month while spending 79 minutes a day on a smartphone either browsing the Web or using apps.

TITL recently completed its merger with PresentAll, a browser-based web-conferencing software company. With that complete, this new merger looking promising and with other new growth areas being considered, TITL seems well on its way of achieving its goal of becoming a real estate and technology conglomerate.

TITL's first smartphone app is ready to hit the market and is just waiting for approval from Apple.

The company will keep investors updated as new developments arise.

Safe Harbor Statement

Information in this news release may contain statements about future expectations, plans, prospects or performance of Title Consulting Services, Inc. that constitute forward-looking statements for purposes of the Safe Harbor Provisions under the Private Securities Litigation Reform Act of 1995. The words or phrases "can be", "expects", "may affect", "believed", "estimate", "project" and similar words and phrases are intended to identify such forward-looking statements. Title Consulting Services, Inc. cautions you that any forward-looking information provided by or on behalf of Title Consulting Services, Inc. is not a guarantee of future performance. None of the information in this press release constitutes or is intended as an offer to sell securities or investment advice of any kind. Title Consulting Services, Inc.'s actual results may differ materially from those anticipated in such forward-looking statements as a result of various important factors, some of which are beyond Title Consulting Services, Inc.'s control. In addition to those discussed in Title Consulting Services, Inc.'s press releases, public filings, and statements by Title Consulting Services, Inc.'s management, including, but not limited to, Title Consulting Services, Inc.'s estimate of the sufficiency of its existing capital resources, Title Consulting Services, Inc.'s ability to raise additional capital to fund future operations, Title Consulting Services, Inc.'s ability to repay its existing indebtedness, the uncertainties involved in estimating market opportunities, and in identifying contracts which match Title Consulting Services, Inc.'s capability to be awarded contracts. All such forward-looking statements are current only as of the date on which such statements were made. Title Consulting Services, Inc. does not undertake any obligation to publicly update any forward-looking statement to reflect events or circumstances after the date on which any such statement is made or to reflect the occurrence of unanticipated events.

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