Titanium Group to Attend Regional ICT Meeting in Thailand
24 April 2008 - 1:58AM
PR Newswire (US)
Company to Introduce and Promote Technologies to APEC Delegates SAN
JOSE, Calif., April 23 /PRNewswire-FirstCall/ -- Titanium Group,
Ltd (OTC:TTNUF) (BULLETIN BOARD: TTNUF) , a leading Biometric and
security solutions provider announced today that Chairman Dr.
Johnny Ng is attending the 7th APEC (Asia-Pacific Economic
Cooperation) Ministerial Meeting on Telecommunication and
Information Industry (TELMIN 7) in Bangkok, Thailand, from Apr 23 -
25. TELMIN 7 is being held in the aim of providing a forum for APEC
Ministers to gather together to share views and experience. The
theme of this year's meeting is "Digital Prosperity: Turning
Challenges into Achievements", major topics of discussion covering
techniques to enhance outreach activities on cyber security, and
ways to promote safe and trusted ICT environment for digital
prosperity etc. "This is a high profile Governmental initiative
with regional focus where top ranked Government officials and ICT
business leaders from over 20 economies, including Australia,
Brunei Darussalam, Canada, Chile, People's Republic of China, Hong
Kong, Indonesia, Japan, Republic of Korea, Malaysia, Mexico, New
Zealand, Papua New Guinea, Peru, Philippines, Russia, Singapore,
Chinese Taipei, Thailand, United States, and Viet Nam will be
attending. Moreover, as cyber security is one of the focal points
of discussion, we feel that it is an excellent opportunity for us
to promote our biometric technologies and strengthen our market
position in the Asia Pacific region," said Dr. Johnny Ng, Chairman
of Titanium Group. About Titanium Group: Titanium Group, Ltd
(http://www.titanium-tech.com/), and it's 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: IBM, Hong Kong Government and the Peoples Bank of
China, etc. 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 of Trout Trading Company, Inc., +1-303-671-0270, for
Titanium Group, Ltd Web site: http://www.titanium-tech.com/
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