Titan Energy Worldwide, Inc. to Supply Emergency Power Systems for Two Minneapolis Hotels


Titan Energy Worldwide

2008-08-19 08:00:00

MINNEAPOLIS, MN–(EMWNews – August 19, 2008) – 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.

About Titan Energy WorldWide, Inc.

Titan Energy is a leader in the manufacturing, marketing and servicing of

energy generation products and services, a major participant in the

distributed, renewable, and alternative energy industries, and a leader in

development and support for new energy-related technology. Founded in 2005,

Titan combines engineering expertise, established sales

and distributorships, service operations and unique strategic partnerships

to meet the growing global demand for clean, efficient, energy solutions.

Titan serves disaster recovery first responders, relief agencies, homeland

security, the department of defense and municipalities. For more

information, visit the company’s website at www.titanenergy.com.

Investors are cautioned that certain statements contained in this document

as well as some statements in periodic press releases and some oral

statements of TEWI officials are “Forward-Looking Statements” within the

meaning of the Private Securities Litigation Reform Act of 1995 (the

“Act”). Forward-looking statements include statements which are predictive

in nature, which depend upon or refer to future events or conditions, which

include words such as “believes,” “anticipates,” “intends,” “plans,”

“expects,” and similar expressions. In addition, any statements concerning

future financial performance (including future revenues, earnings or growth

rates), ongoing business strategies or prospects, and possible future TEWI

actions, which may be provided by management, are also forward-looking

statements as defined by the Act. Forward-looking statements involve known

and unknown risks, uncertainties, and other factors which may cause the

actual results, performance or achievements of the Company to materially

differ from any future results, performance, or achievements expressed or

implied by such forward-looking statements and to vary significantly from

reporting period to reporting period. Although management believes that the

assumptions made and expectations reflected in the forward-looking

statements are reasonable, there is no assurance that the underlying

assumptions will, in fact, prove to be correct or that actual future

results will not be different from the expectations expressed in this

report. These statements are not guarantees of future performance and TEWI

has no specific intention to update these statements.

For more information about Titan Energy please contact:

Julie Kane
Titan Energy Worldwide, Inc.
(248) 446-8557

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