Tytan Holdings, Inc. (TYTN) Announces LOI to Acquire Tytan International
KALAMA, WA -- (Marketwire) -- 11/12/09 -- Tytan Holdings, Inc. (PINKSHEETS: TYTN) announced today that it has entered into a Letter of Intent to acquire One Hundred Percent (100%) of Tytan International, Inc., a privately-held tractor company with exclusive manufacturing agreements in China.
About Tytan International, Inc.
Tytan International has several patents/patent pending products that create a strong niche for keeping sales & profits high which include: the Kingchipper, the 4N1 loader bucket, their backhoe bodies mount system, its rear fill fuel tank, the new super starters, the Dual Trax tires, and more.
Tytan's leadership has been successful in the past 25 years with finding successful niches in the retail & wholesale markets. Most of those years were spent building alliances in China. Tytan's goal is to cultivate a network of "key" retailing outlets that would first blanket the West coast and then move eastward.
With the recent explosion of the Chinese automobile industry, there has been a huge boom in quality. Tytan International is on the leading edge and will be there with a new era of products in 2010 that will meet or beat any competitor's, all with the value conscious consumer in mind.
About Tytan Holdings, Inc.
Tytan Holdings, Inc. is a holding corporation with strategic focus in acquisition of agricultural equipment manufactures and exploration of environmental technologies.
This news release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 (the "ACT"). In particular, when used in the preceding discussion, the words "estimated," "believe," "optimistic," "expect," and similar conditional expressions are intended to identify forward-looking statements within the meaning of the ACT and are subject to risks and uncertainties, and actual results could differ materially from those expressed in forward-looking statements. Such risks and uncertainties include, but are not limited to, unfavorable market conditions, increased competition, limited working capital, and failure to implement business strategies, actions by regulatory agencies, and other risks.
Tytan Tractor is a private company categorized under Farm Equipment and Supplies and located in Kalama, WA. Our records show it was established in 1992* and incorporated in Washington*. Current estimates show this company has an annual revenue of $2.5 to 5 million and employs a staff of approximately 10 to 19.
As mentioned before I tried mailing IR ,but by the life of me I could not get a response. Finally got a bit frustrated and wrote corporate a mail and mentioned the fact we have not heard anything lately and their lack of communication with investors was disappointing.
Surprise Surprise!!! I got a response, but it was not from IR but from someone else in the office.
Apparently the company has had to go through many government hoops(lot of red tape) and they have finally gotten to the end of it.
He mentioned news will be out in the next day or 2!!
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Tytan Holdings Inc. Has Acquired Tytan International Inc. and is Now a Publicly Traded Company Press Release Source: Tytan Holdings Inc. On 8:29 am EST, Thursday December 3, 2009
Companies:Tytan Holdings Inc.
KALAMA, Wash., Dec. 3, 2009 (GLOBE NEWSWIRE) -- Tytan Holdings, Inc. (Pink Sheets:TYTN - News) today announced that it has acquired Tytan International Inc., an importer and manufacturer of small to medium farm tractors and implements. Tytan International, Inc. is a well-established, 25 year old company. Tytan Holdings is now trading on the over-the-counter stock market. To see the impressive line of Tytan's products go to www.tytantractor.com. Tytan's success has come from its long standing relationships in China and its ability to market high quality products at extremely competitive prices throughout the U.S. & Canada. Tytan has designed many of its own products, has patents pending, and actually owns its own tire molds, hood molds, and many other of its own manufacturing aids. Tytan International Inc. has Exclusive Distribution Contracts with the Tractor Companies that produce the Tytan Brand tractors.
CEO of Tytan International, Inc., Mark Leonard, has made his company successful with products such as the 4N1 front loader and the Kingchipper that meet niche needs for small farmers. Mark is a hands on user and has been able to keep ahead of others by being closely in touch with his customers' needs. With prototypes being made and products being produced in China, he has been able to keep prices low and profits high. In the next 24 months, Tytan has plans to introduce a steady stream of new items that will all be submitted for patents in the U.S.
Tytan's growth plan is centered around offering not only top quality products at impressive pricing, but also in providing greater service to the end users than the competition. That is why the company has set up and operated a "showcase dealership" for four years which it plans to duplicate throughout the I-5 corridor and then move eastward across the country. Tytan's ability to be a direct importer, niche designer and its own retailer all in one provides profit levels that are far ahead of anyone else in the industry. Additionally, Tytan will be adding independent dealerships in areas outside of the planned company store locations.
Watch for more news about exciting developments anticipated by Tytan International.
The statements contained herein which are not historical facts are considered forward-looking statements under federal securities laws and may be identified by words such as "anticipates," "believes," "estimates," "expects," "intends," "plans," "potential," "predicts," "projects," "seeks," "will," or words of similar meaning and include, but are not limited to, statements regarding the outlook for the Company's future business and financial performance. Such forward-looking statements are based on the current beliefs of our management as well as assumptions made by and information currently available to them, which are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict. Actual outcomes and results may vary materially from these forward-looking statements based on a variety of risks and uncertainties including: our dependence on key management and product development personnel, the timely supply and significant market acceptance of our products, the ability to maintain acceptable pricing levels on our products, our reliance on the factory or factories producing products for our dealerships, and our ability to raise capital if needed. All forward-looking statements are qualified by these cautionary statements and apply only as of the date they are made. The Company undertakes no obligation to update any forward-looking statement, whether as a result of new information, future events or otherwise.
Contact: Tytan Holdings, Inc.Investor Relations Contact:Shaun M. Kohlmeier 503-512-8556Mark Leonard 360-431-4800Investors@TytanHoldings.com
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KALAMA, Wash., Jan. 20, 2010 (GLOBE NEWSWIRE) -- Tytan Holdings, Inc. (Pink Sheets:TYTN - News) today announced that it has appointed DeJoya Griffith & Company, LLC, Certified Public Accountants, as Independent Auditors to audit the company’s financial statements for 2008 and 2009. Since Tytan’s inception, it has taken pride in providing transparency to Investors and the company is now in a position where the next logical step is to move to the OTC Bulletin Board. The audit process has begun, and on January 5, 2010, the auditors came to Kalama, WA to do an on-site verification of the company’s inventory.
As previously reported, Tytan Holdings, Inc. has acquired Tytan International Inc., an importer and manufacturer of small to medium farm tractors and implements. Tytan International, Inc. is a well-established, 25 year old company. To see the impressive line of Tytan's products go to www.tytantractor.com. Tytan's success has come from its long standing relationships in China and its ability to market high quality products at extremely competitive prices throughout the U.S. & Canada. Tytan has designed many of its own products, has patents pending, and actually owns its own tire molds, hood molds, and many other of its own manufacturing aids. Tytan International Inc. has Exclusive Distribution Contracts with the Tractor Companies that produce the Tytan Brand tractors.
CEO of Tytan International, Inc., Mark Leonard, has made his company successful with products such as the 4N1 front loader and the Kingchipper that meet niche needs for small farmers. Mark is a hands on user and has been able to keep ahead of others by being closely in touch with his customers' needs. With prototypes being made and products being produced in China, he has been able to keep prices low and profits high. In the next 24 months, Tytan has plans to introduce a steady stream of new items that will all be submitted for patents in the U.S.
Tytan's growth plan is centered around offering not only top quality products at impressive pricing, but also in providing greater service to the end users than the competition. That is why the company has set up and operated a "showcase dealership" for four years which it plans to duplicate throughout the I-5 corridor and then move eastward across the country. Tytan's ability to be a direct importer, niche designer and its own retailer all in one provides profit levels that are far ahead of anyone else in the industry. Additionally, Tytan will be adding independent dealerships in areas outside of the planned company store locations.
Watch for more news about exciting developments anticipated by Tytan International.
The statements contained herein which are not historical facts are considered forward-looking statements under federal securities laws and may be identified by words such as "anticipates," "believes," "estimates," "expects," "intends," "plans," "potential," "predicts," "projects," "seeks," "will," or words of similar meaning and include, but are not limited to, statements regarding the outlook for the Company's future business and financial performance. Such forward-looking statements are based on the current beliefs of our management as well as assumptions made by and information currently available to them, which are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict. Actual outcomes and results may vary materially from these forward-looking statements based on a variety of risks and uncertainties including: our dependence on key management and product development personnel, the timely supply and significant market acceptance of our products, the ability to maintain acceptable pricing levels on our products, our reliance on the factory or factories producing products for our dealerships, and our ability to raise capital if needed. All forward-looking statements are qualified by these cautionary statements and apply only as of the date they are made. The Company undertakes no obligation to update any forward-looking statement, whether as a result of new information, future events or otherwise.
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Three Patents Pending for Tytan Tractors' Newly Designed Bucket Systems
KALAMA, Wash., Feb. 1, 2010 (GLOBE NEWSWIRE) -- Tytan Holdings, Inc. (Pink Sheets:TYTN) dba Tytan International, Inc., a manufacturer and importer of small to medium farm tractors and implements, today announced that it has Patents Pending on three crucial designs that make Tytan Tractors unique from all other tractors: (1) Their 4N1 bucket now has two side closing cylinders instead of one; (2) it lifts a quickly attached bucket system up to 9’ high; and (3) it picks up more dirt than any other bucket on the market. To see these and other features, go to http://www.tytantractor.com/loaders.html.
About Tytan International, Inc.
Tytan International, Inc. is a well-established, 25-year old company that has Exclusive Distribution Contracts for Tytan Brand tractors and other products that that meet niche needs for small farmers. To see more information about the entire line of Tytan's products go to www.tytantractor.com. Tytan's success has come from its long standing relationships in China and its ability to market high quality products at extremely competitive prices throughout the U.S. & Canada. Tytan has designed many of its own products and actually owns its own tire molds, hood molds, and many other of its own manufacturing aids.
CEO of Tytan International, Inc., Mark Leonard, is a hands on user and has been able to keep ahead of others by being closely in touch with his customers' needs. With prototypes being made and products being produced in China, he has been able to keep prices low and profits high. In the next 24 months, Tytan has plans to introduce a steady stream of new items that will all be submitted for patents in the U.S.
Watch for more news about exciting developments anticipated by Tytan International.
The statements contained herein which are not historical facts are considered forward-looking statements under federal securities laws and may be identified by words such as "anticipates," "believes," "estimates," "expects," "intends," "plans," "potential," "predicts," "projects," "seeks," "will," or words of similar meaning and include, but are not limited to, statements regarding the outlook for the Company's future business and financial performance. Such forward-looking statements are based on the current beliefs of our management as well as assumptions made by and information currently available to them, which are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict. Actual outcomes and results may vary materially from these forward-looking statements based on a variety of risks and uncertainties including: our dependence on key management and product development personnel, the timely supply and significant market acceptance of our products, the ability to maintain acceptable pricing levels on our products, our reliance on the factory or factories producing products for our dealerships, and our ability to raise capital if needed. All forward-looking statements are qualified by these cautionary statements and apply only as of the date they are made. The Company undertakes no obligation to update any forward-looking statement, whether as a result of new information, future events or otherwise.
CONTACT: Tytan Holdings, Inc. Investor Relations Contact: Shaun M. Kohlmeier 702-421-0426 Mark Leonard 360-431-4800 Investors@TytanHoldings.com
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