COMPANY TO DEPLOY ITS BIOMETRIC SECURITY SOLUTIONS FOR TWO RESIDENTIAL
COMPLEXES IN PRESTIGIOUS LOCATION
SAN JOSE, Calif., April 15 /PRNewswire-FirstCall/ -- Titanium Group, Ltd (OTC Bulletin Board: TTNUF), a leading biometric and security solutions provider announced today they have secured contracts to deploy its security systems for several large residential complexes, including "Strawberry Hill" on The Peak, one of the most prestigious residential areas in Hong Kong. Both systems will include a variety of state-of-the-art security components such as biometrics access control, intelligent surveillance system, radio frequency identification system etc. The estimated contract sum for the two projects is around US$400K and is expected to complete by Q3 of 2008.
"Following the contract with Kwai Hung Realty Company Ltd. in Oct, 2007 (http://www.ttnuf.com/news/news071024.htm) in which we installed our facial recognition access control system in the entrance of their deluxe apartment complex, we are delighted to further expand in this market with two projects of even larger scale. These two projects are both of extremely high-caliber which would effectively demonstrate to our products' capability to the public," said Dr. Johnny Ng, Chairman of Titanium Group. "Looking ahead, we feel absolutely positive about Titanium's continual growth in this sector. Hong Kong's high-end property market is booming at a fantastic pace and our technologies evidently cater perfectly to the market need. More projects are already in discussion and we fully expect our project revenue in the residential sector alone to surpass $1M in 2008.
About Titanium Group:
Titanium Group, Ltd (http://www.titanium-tech.com), and its wholly
owned subsidiary Titanium Technology, is a leading biometric and security
|SOURCE Titanium Group, Ltd|
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