TiGER Strengthens Management with Appointment of James Peeples as Executive VP, Biofuels Development & Government Relations
June 30, 2008
Titan Global Holdings, Inc. (Pink Sheets: TTGL), a high growth diversified holding company, today announced the formation of Titan Global Energy Resources ("TiGER") and the appointment of James Peeples as Executive Vice President of TiGER.
Titan formed TiGER in response to the unprecedented run up in worldwide fuel prices and the widely accepted view that high energy demand and fuel prices are a permanent part of the macroeconomic global landscape. Titan and its growing team of talented energy executives are poised to exploit the opportunities these global challenges have created.
TiGER's mission is to develop domestic and international biofuels energy availability and commodity trade opportunities, creating supply chain network advantages for Titan's growing family of companies and other customers for biofuels, including ethanol and biodiesel, feedstocks, and conventional fuels and fuel products.
Other opportunities for TiGER include the development of fuel, storage and delivery networks with Titan's established and emerging fuel producers and marketers. These will include infrastructure investments to enhance logistical efficiency and capacity improvements in fuel terminals, port facilities and railroads, facilitating availability, cost advantages and increased end use of alternative and sustainable renewable fuels.
The appointment of Mr. Peeples is a strategic coup for Titan Global Energy Group as he contributes a tremendous wealth of experience in motor fuel and engine emissions control technologies. He is recognized globally as a "sector expert" in the commercial expansion of renewable transportation fuels in the U.S. and around the world.
"Jim has developed a solid network of professional relationships with government agencies and the private sector from feedstock and agriculture to biofuel and petroleum product processing and refining, as well as the distribution of such products," said Bryan Chance, President and Chief Executive Officer of Titan Global Holdings. "As well, Jim brings to Titan Energy hands-on biofuel implementation, utilization and project management experience with outstanding skills in recruiting and networking opportunities within the related industries."
Titan is in active discussions with a number of complementary businesses to Appco in markets wherein it currently has existing operations or in contiguous markets as a means to expanding the Company's distribution footprint and open significant new revenue opportunities. It is expected that Mr. Peeples would bring strong support to Titan in its efforts to incorporate biofuel utilization and implementation into the expanding Appco retail network in the Southeast and increase access to competitively priced biofuel blends to the commercial and consumer, helping to increase Company's margins.
"It is with great excitement and anticipation that I join Titan," said Mr. Peeples. "Block by block, Titan is assembling dynamic energy businesses, technologies, and solid management to execute its vision to become a 21st Century new generation energy company that doesn't fear current global challenges but rather embraces them as unprecedented opportunities for those managers and companies able to find ways to profit from such challenges."
Last week, Appco entered into third party agreements to operate retail petroleum and inside store operations at two new locations. Documentation is pending at the second location. Appco now operates 20 locations in Virginia and 56 locations in the Southeastern United States. Mr. Peeples has strong biofuels and other business connections across the region and will be based in the Washington, D.C. area. He will also be representing Titan and Appco before federal, state, and local government agencies in matters concerning market expansion opportunities.
Mr. Peeples' professional accomplishments include:
Securing and managing over $10 million in U.S. government appropriations funding, various state grants and local project awards for clean fuel research and demonstration projects over a 4-year period.
Substantially contributing to establishing the technical, economic and market development basis for U.S. soybean farmers to make a substantial and continuing investment in a new U.S.-based renewable diesel fuel (biodiesel).
Leading international "sector expert" in the field of renewable transportation fuels, including technical, economic, and regulatory verifications necessary for new fuel and engine technologies to capture a share of the mature, petroleum-dominant marketplace.
Participating in the drafting of and support for significant federal, state and local legislation and regulations that have enabled the expansion of cleaner-burning renewable transportation fuels (ethanol and biodiesel) in the U.S. (including the Alternative Motor Fuels Act of 1988, the Clean Air Act Amendments of 1990, and the Energy Policy Acts of 1992 and 2005).
Marketing fuel ethanol (in gasoline, diesel, and as an alternative fuel) and biodiesel to government agencies and other U.S. centrally-fueled fleet customers, as well as the traditional consumer market.
About Titan Global Holdings
Titan Global Holdings is a diversified holding company with a dynamic portfolio of subsidiaries spanning international telecommunications, electronics and homeland security, consumer products and energy resources and distribution.
Titan's operating divisions include the following:
The Titan Global Energy Division owns and operates traditional and next-generation renewable energy and fuel assets that can provide significant opportunities for growth in one of the world's largest and most critical markets.
Titan's Communications Division serves the communication needs of those individuals that have emigrated from their host country to the United States or other countries and plans to addresses a range of high-growth markets in the international telecommunication segments, including communication technology, platform management, international wholesale communication and the distribution of prepaid international telecommunication products.
Titan Global Brands designs, develops, and distributes consumer products from value categories to high end branded categories, through its existing distribution channels and new ones suitable for such products. Together, it integrates, protects and expands its consumer brand management capabilities to leverage and optimize growth across Titan's worldwide distribution channels.
Titan Card Services plans to capitalize on the burgeoning multibillion-dollar international prepaid money transfer sector. Titan Card Services' proprietary technology provides for convenient and efficient international money transfers.
Titan's Electronics and Homeland Security Division includes Titan PCB East, Inc., Titan Electronics Inc., and NEO EMS, Inc. These companies specialize in the manufacture of advanced circuit boards and other electronic products for classified military and defense department customers, and other high-tech clients.
For more information, please visit: www.titanglobalholdings.com.
For investor-specific information and resources, visit http://www.trilogy-capital.com/tcp/titan/ or http://www.b2i.us/irpass.asp?BzID=1314&to=ea&s=0.
To view current news, visit http://www.trilogy-capital.com/tcp/titan/quote.html. To view an investor fact sheet about the company, visit http://www.trilogy-capital.com/tcp/titan/factsheet.html.
Forward-Looking Statements
Safe Harbor Statement Under the Private Securities Litigation Reform Act of 1995 -- With the exception of historical information, the matters discussed in this press release are forward-looking statements that involve a number of risks and uncertainties. The actual future results of TTGL could differ significantly from those statements. Factors that could cause actual results to differ materially include risks and uncertainties such as the inability to finance the company's operations or expansion, inability to hire and retain qualified personnel, changes in the general economic climate, including rising interest rates and unanticipated events such as terrorist activities. In some cases, you can identify forward-looking statements by terminology such as "may," "will," "should," "expect," "plan," "anticipate," "believe," "estimate," "predict," "potential" or "continue," the negative of such terms, or other comparable terminology. These statements are only predictions. Although we believe that the expectations reflected in the forward-looking statements are reasonable, such statements should not be regarded as a representation by the Company, or any other person, that such forward-looking statements will be achieved. We undertake no duty to update any of the forward-looking statements, whether as a result of new information, future events or otherwise. In light of the foregoing, readers are cautioned not to place undue reliance on such forward-looking statements. For further risk factors see the risk factors associated with our Company, review our SEC filings.
Trilogy Capital Partners
Ryon Harms, Toll-free: 800-592-6067
info@trilogy-capital.com
