HONG KONG, June 7 /PRNewswire-FirstCall/ -- Titanium Group Limited (OTC:TTNUF) (BULLETIN BOARD: TTNUF) , a leading biometric and security solutions provider featuring proprietary and patented Automated Face Recognition Systems (AFRS), announced today that its CEO has issued a performance update to its shareholders: To Our Shareholders: Over the past year, Titanium Group has made enormous strides towards global growth and innovation. Through this transition, management has remained focused on expanding future sales and profitability through the continued focus on developing leading biometrics and security technology as well as new initiatives as a global sales and service organization. We are confident this double-edged approach will leverage our position as a leading regional technology company and situate us as a gateway to the global biometric and electronic security marketplace. Being a leader in our industry requires a commitment to understanding the security needs of an evolving global marketplace and developing the most advanced and effective biometrics technology solutions. Titanium's expertise in research and development along with the leadership of a sophisticated, consultative management team enables us to bring new, patented industry changing products to market, truly capitalizing on emerging growth opportunities. The strength and talent of our management team can be seen in ambitious performance based goals set for our growing company and the high- profile installations we have accomplished in 4 different regions, Hong Kong, China, Europe and Japan. We are excited for strong growth and successes in the global market, and truly appreciate your continued interest and support in Titanium Group. Our Recent Milestones and Achievements: -- Titanium filed an S-1 Registration with the SEC, listing on the OTC Bulletin Board (OTC:TTNUF) (BULLETIN BOARD: TTNUF) , becoming a publicly fully reporting company for the first time in its history, compliant with all U.S. regulations including FASB, GAAP, and Sarbanes Oxley -- Titanium retained an investor relations firm and began marketing itself to the financial community in the United States -- Titanium was 1 of 6 finalists out of 224 applicants chosen for the Prestigious Global Entrepolis Award, presented by the Wall Street Journal Asia in association with the Economic Development Board of Singapore -- In 2006, Titanium was named to the Deloitte "Technology Fast 50 in China," placing 28th out of 50 and the Deloitte "Technology Fast 500 in Asia Pacific," placing 182nd out of 500 with growth of 234% over a three-year period -- Titanium expanded its product pipeline through research and development and proved commercial application and viability through several high-profile proof-of-concept pilots and contracts with the Chinese Government Dept. of Homeland Security, Peoples Bank of China, PCCW Corp., and NTT Corp. in Japan -- Titanium secured a high-impact partnership with leading notebook PC manufacturer Lenovo, where its technology will be featured in a security-bundle package -- Titanium's award-winning technology helped lead to Microsoft Gold Partner Certification and a live demonstration of ProAccess FaceOK (TM) with Windows Vista at a Microsoft Business Launch event in Hong Kong -- Titanium expanded its client-base and illustrated its industry-leading technology in the financial services, gaming, and government security spaces by announcing several VAR agreements with PCCW Solutions, Elixer Group, VenusTech, and Komsa Patented, Proprietary, Technology: Titanium's patented, proprietary biometric and security technology will provide a more accurate, intelligent and hygienic solution to clients who require sophisticated security, attendance, verification and identity systems. Because Titanium's facial recognition software uses invisible light to capture the subject image, the technology works equally effectively in any lighting conditions -- currently a serious limiting factor for existing 2D/3D facial recognition technology. Additionally, the proprietary algorithm used to verify the captured "faceprint" provides accuracy that reaches 99.9% in just seconds. Finally, the use of cost effective cameras and peripheral equipment provides an affordable solution to consumers who were previously unable to cover the costs of installing such an advanced security technology. Our Existing Product Pipeline: Titanium currently has several products based on the same proprietary technology. FaceGuard(TM), FaceOK(TM), and FaceAttend(TM) can be used alone or in conjunction with existing security and identification systems for incredibly accurate and effective enterprise-wide solutions. FaceAttend(TM) is an electronic timer integrated with advanced face recognition technology. FaceGuard(TM) is a door lock that combines the two types of technology for more secure but yet convenient physical access control. FaceOK(TM) allows users to sign-on to the computer systems through face recognition, which ensures the highest degree of security against unauthorized accesses. FaceOK(TM) was showcased at a Microsoft technology symposium in Hong Kong, where it allowed the speaker to automatically log-in to the system by registering with the camera built into the laptop. Titanium also has developed a ProFacer line of products that relies on an intelligent digital video surveillance and recording system with a wide range of features and functions powered by state of the art technologies for automated real time biometric image detection and recognition. Products in this line include ProFacer, iMugShot, and iWatchGuard. For a complete description of all of Titanium's innovative products, please visit Titanium's website at http://www.titanium-tech.com/. Outlook: Titanium recognized revenues of USD$2.5 Million in 2006 and is positioned to surpass that figure in 2007 based on potential revenues from new sales and existing projects with various government agencies, major corporations such as PCCW, and several of China's largest financial institutions -- six of which are in active discussions with Titanium. By leveraging a stronger cash position based on a USD$1.4 Million financing that closed in April of this year, and to the extent that it continues to maintain favorable access to the capital markets, Titanium will continue to fill orders and bolster revenues based on stronger sales and marketing initiatives. We are very optimistic about the ability of Titanium to continue producing industry-leading technology and solutions that will contribute significantly to top line revenues through sales. We thank you for your support and encourage your continued interest in Titanium Group Limited. If you have additional questions or comments, please contact our investor relations firm, Equity Performance Group, at 617-723-2225 or by email at . Thank you, Jason Ma, CEO Titanium Group Limited About Titanium Group Limited: Titanium Group Limited (OTC:TTNUF) (BULLETIN BOARD: TTNUF) , 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 (faceprint) and, in just seconds, accurately compare the facial images to a database containing millions of faces. These cutting-edge products reduce administrative costs, 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 partners and clients include Microsoft, IBM, People's Bank of China, Amway Corporation, ESPN, and Barr Securities. Investor Relations: Equity Performance Group Erin Hegarty (617) 723-2225 This press release includes certain "forward-looking statements." These statements are based on Titanium Group Limited's management's current expectations and are subject to risks and uncertainties and changes in circumstances. All forward-looking statements included in this press release are based upon information available to Titanium Group Limited as of the date of the press release, and it assumes no obligation to update or alter its forward looking statements whether as a result of new information, future events or otherwise. These forward-looking statements may relate to, among other things, plans and timing for the introduction or enhancement of our services and products, statements about future market conditions, supply and demand conditions, and other expectations, intentions and plans contained in this press release that are not historical fact. Further information on risks or other factors that could affect Titanium Group Limited's results of operations are detailed in its filings with the United States Securities and Exchange Commission available at http://www.sec.gov/. DATASOURCE: Titanium Group Limited CONTACT: Erin Hegarty, Investor Relations of Equity Performance Group, +1-617-723-2225, Web site: http://www.titanium-tech.com/

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