Titanium Group to Showcase Products and Technologies in Prestigious Government Seminar
November 13 2007 - 7:00AM
PR Newswire (US)
Titanium to be Featured in the Biggest Government IT Security Event
in November 2007 SAN JOSE, Nov. 13 /PRNewswire-FirstCall/ --
Titanium Group, Ltd (OTC:TTNUF) (BULLETIN BOARD: TTNUF) , a leading
biometric and security solutions provider announced today that it
has been selected by the Hong Kong Government as one of the key
vendors to showcase their products and technologies in the
Biometric and Identity Access Management Seminar and Showcase, to
be held on November 16, 2007 in Cyberport, Hong Kong. The target
audience will be officers in all fields from Government bureaus and
departments who are involved or interested in this technology. The
agenda includes seminars in which guest speakers are being invited
to deliver their insightful views on the industry development,
management issues and future trend of technologies, followed by
live showcases for exhibitors to demonstrate their solutions and
the Government officers to trial use. Industry players are selected
under strict criteria, weighting various factors such as the
applicability of their technologies and solutions for the
Government, companies' advancement in the technology, companies'
experience in related deployed projects and services, etc. "We are
delighted to be selected to this notable event among many
applicants, I am sure our previous successful deployments in the
Government sector played a vital role. This event will certainly
serve to provide Titanium even greater exposure to the Government
officials and key decision makers," said Jason Ma, CEO of Titanium
Group Ltd. "As the usage of biometric solutions in the Government
sector continue to mature, we are confident that this event will be
a path way for the company's growth in next year," added Johnny Ng,
Chairman of the Group. About Titanium Group: Titanium Group, LTD
(http://www.titanium-tech.com/), and 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 (faceprint) and, in just seconds, accurately compare the
facial images to a database containing millions of faces. These
cutting-edge products reduce administration cost, enhance security,
and significantly increase overall productivity. Titanium's
products are distributed worldwide, either directly or through
resellers or OEM partners, to governments, law enforcement
agencies, gaming companies, and other organizations. The Company's
clients include: ESPN, IBM and the Peoples Bank of China. Safe
Harbor Provisions Certain oral statements made by management from
time to time and certain statements contained in press releases and
periodic reports issued by Titanium Group, Ltd. (the "Company"), as
well as those contained herein, that are not historical facts are
"forward-looking statements" within the meaning of Section 21E of
the Securities and Exchange Act of 1934 and, because such
statements involve risks and uncertainties, actual results may
differ materially from those expressed or implied by such
forward-looking statements. Forward-looking statements, including
those in Management's Discussion and Analysis, are statements
regarding the intent, belief or current expectations, estimates or
projections of the Company, its Directors or its Officers about the
Company and the industry in which it operates, and are based on
assumptions made by management. Forward looking statements include
without limitation statements regarding: (a) the Company's
strategies regarding growth and business expansion, including
future acquisitions; (b) the Company's financing plans; (c) trends
affecting the Company's financial condition or results of
operations; (d) the Company's ability to continue to control costs
and to meet its liquidity and other financing needs; (e) the
declaration and payment of dividends; and (f) the Company's ability
to respond to changes in customer demand and regulations. Although
the Company believes that its expectations are based on reasonable
assumptions, it can give no assurance that the anticipated results
will occur. When issued in this report, the words "expects,"
"anticipates," "intends, " "plans," "believes," "seeks,"
"estimates," and similar expressions are generally intended to
identify forward-looking statements. Important factors that could
cause the actual results to differ materially from those in the
forward-looking statements include, among other items, (i) changes
in the regulatory and general economic environment; (ii) conditions
in the capital markets, including the interest rate environment and
the availability of capital; (iii) changes in the competitive
marketplace that could affect the Company's revenue and/or cost and
expenses, such as increased competition, lack of qualified
marketing, management or other personnel, and increased labor and
inventory costs; (iv) changes in technology or customer
requirements, which could render the Company's technologies
noncompetitive or obsolete; (v) new product introductions, product
sales mix and the geographic mix of sales. The Company disclaims
any intention or obligation to update or revise forward-looking
statements, whether as a result of new information, future events
or otherwise. Safe Harbor Statement under the Private Securities
Litigation Reform Act of 1995: The statements which are not
historical facts contained in this advertisement are
forward-looking statements that involve certain risks and
uncertainties including but not limited to risks associated with
the uncertainty of future financial results, additional financing
requirements, development of new products, governmental approval
processes, the impact of competitive products or pricing,
technological changes, and the effect of economic conditions.
DATASOURCE: Titanium Group, Ltd CONTACT: Randy J. Sasaki, President
of Trout Trading Company, +1-303-671-0270 Web site:
http://www.titanium-tech.com/
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