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Titan General Holdings Announces Major Order from Textron Systems Corporation Wednesday January 26, 4:10 pm ET Titan General Holdings maintains top Military 31032 Certification
FREMONT, Calif., Jan. 26, 2005 (PRIMEZONE) -- Ventures-National Inc. d/b/a Titan General Holdings (OTCBB:TTGH ) Inc. has received a significant new order from HR Textron, an operating unit of Textron Systems. ADVERTISEMENT
The order calls for the production of over 20,000 units of HR Textron's state-of-the-art printed circuit boards at Titan's Amesbury, Massachusetts Tech Center. HR Textron supplies the electromechanical tail actuation system, which is part of the Boeing-developed JDAM kit that provides guidance and control support for the GBU-38 (MK82) Precision Guided Munition. The GBU-38 is a 500-pound Joint Direct Attack Munition (JDAM) that uses a standard Mk-82 bomb. JDAM improves the accuracy of unguided bombs in any weather condition.
Textron Systems Corp., a wholly owned subsidiary of Textron Inc., provides innovative technology solutions to meet the needs of the global aerospace and defense industries. ``We are pleased to continue to serve key US defense contractors such as HR Textron. Our continued, growing relationships demonstrate our commitment to supply high quality, reliable products and service to our customer,'' Curtis Okumura, Titan PCB President said.
About Ventures National Inc. dba Titan General Holdings Inc. (``TTGH'': Titan, http://www.titanpcb.com, is a printed circuit board manufacturer providing competitively priced time-sensitive, quality products to the commercial and military electronics markets. The Company offers high layer count, fine line production of rigid, rigid-flex and flex PCBs. Titan targets quick turn and standard delivery needs from prototype, pre-production through production, using various standard and advanced materials. Titan combines the strengths of its design for manufacturing (DFM), repetitive quality and supportive customer service with an extremely cost effective pricing structure. With this competitive edge, Titan is not only a reliable resource for all printed circuit board requirements but also a leading technical source in today's PCB supply chain.
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 either TEQI or CG 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 rate 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 or to see the risk factors associated with our Company, review our SEC filings.
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Have you got a recent share count. Steady decline so far. I will watch for vol.
-------------------- Amazing how much time we spend looking for the truth but never spend the time to get to the point. Posts: 1164 | From: KANSAS CITY | Registered: Aug 2003
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