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Titanium Group Signs Letter of Intent to Acquire Multimilion Dollar Medical Software Company and Its Existing Sales Network
Date:11/2/2007

nium-tech.com), through its wholly owned subsidiary Titanium Technology, is a leading biometric and security solutions provider featuring its proprietary and patented automated Face Recognition Systems (AFRS). Titanium's AFRS products capture human face images electronically, input the facial images into searchable files (face print) 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 People's Bank of China.

About China Medical Systems:

China Medical Systems (http://www.sxgk.cn/en) is listed on the Pink Sheets with trading Symbol CHSY. The company is engaged in manufacturing, developing and selling three-dimensional medical imaging software such as Virtual Endoscopy (Virtual Colonoscopy) which allows doctors to transform a medical image from the patient's CT image and examine the full large intestinal wall to diagnose the state of an illness or to discover the knubs in the intestines. Other products also include three-dimensional virtual radioactive therapy system and medical image pool products.

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 Limited (the "Company"), as well as those contained herein, that are not historical facts are "forward-looking statements" 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 are
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