Getting volume lots of forward looking events down the pike. 15.4 million shares outstanding
Great news three days ago.
Titan Energy Worldwide, Inc. to Supply Emergency Power Systems for Two Minneapolis Hotels
Tuesday , August 19, 2008 09:00 ET
MINNEAPOLIS, MN -- (Marketwire) -- 08/19/08 -- Titan Energy Worldwide, Inc.(OTCBB: TEWI) announced today that its subsidiary, Titan Energy Systems, has been awarded contracts to supply emergency generator systems to two major hotels in downtown Minneapolis. Titan Energy Systems is a full line sales and service provider of power generation equipment with headquarters in Minnetonka, Minnesota.
The first contract was for a 400kW emergency engine generator to be installed at the newly constructed Embassy Suites hotel located in Brooklyn Center, Minnesota, an inner suburb of Minneapolis. Manufactured by Generac Power Systems of Waukesha, Wisconsin, the Embassy Suites backup system is designed to provide emergency power to the 175-room hotel. In addition, Titan Energy Systems announced the delivery of a 250kW power system to the twenty-five story downtown Minneapolis Hilton Hotel. The Hilton's emergency power system is being installed as renovations are nearing completion on this 821 room hotel, including the 24,780 sq ft Minneapolis Ballroom, the largest hotel ballroom in the State.
Tom Vagts, Chief Operating Officer for Titan Energy Systems, stated, "The retail hotel market continues to be a strong growth area for our emergency products and maintenance services. These two orders will combine for $128,910 in revenue, assumed upon delivery. These systems will ensure both hotels are able to accommodate their guests and continue normal business operations regardless of any power interruptions."
More information on Titan Energy Systems and its product line can be found at www.titanenergysystems.com. Posted by paydaysomeday on :
MAJOR DIRECT HOLDERS (FORMS 3 & 4)
Holder Shares Reported FLANNERY JEFFREY W 7,895,650 13-Jun-08 TASTAD JOHN MICHAEL 3,041,000 31-Jul-08 BLACK THOMAS R 1,554,330 13-Aug-07 JAMES FAHRNER J 2,778 31-Aug-07