Systems (AFRS). Titanium's AFRS products capture human face
images electronically, input the facial images into searchable files
(faceprint) and, in just seconds, accurately compare the facial images to a
database containing millions of faces. These cutting-edge products reduce
administration cost, enhance security, and significantly increase overall
productivity. Titanium's products are distributed worldwide, either
directly or through resellers or OEM partners, to governments, law
enforcement agencies, gaming companies, and other organizations. The
Company's clients include: ESPN, IBM and the Peoples Bank of China.
Safe Harbor Provisions
Certain oral statements made by management from time to time and
certain statements contained in press releases and periodic reports issued
by Titanium Group, Ltd. (the "Company"), as well as those contained herein,
that are not historical facts are "forward-looking statements" within the
meaning of Section 21E of the Securities and Exchange Act of 1934 and,
because such statements involve risks and uncertainties, actual results may
differ materially from those expressed or implied by such forward-looking
statements. Forward-looking statements, including those in Management's
Discussion and Analysis, are statements regarding the intent, belief or
current expectations, estimates or projections of the Company, its
Directors or its Officers about the Company and the industry in which it
operates, and are based on assumptions made by management. Forward looking
statements include without limitation statements regarding: (a) the
Company's strategies regarding growth and business expansion, including
future acquisitions; (b) the Company's financing plans; (c) trends
affecting the Company's financial condition or results of operations; (d)
the Company's ability to continue to control costs and to meet its
liquidity and other financing needs; (e) the declaration and payment of
dividends; and (f) the Company's ability to res
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