Friday, May 6, 2011

Company's Technology Brings Smartgrid Capabilities

Titan Energy Worldwide Plans to Roll Out Its New Monitoring and Automated Control Platform for Onsite Power Generation


Company's Technology Brings Smartgrid Capabilities to Power Generators and Other Distributed Energy Resources

May 4, 2011 - Titan Energy Worldwide, Inc. (OTCBB: TEWI), today announced plans to roll out its advanced remote monitoring and automated control platform for the support of onsite power generation systems. Under the direction of Titan's Houston based technology subsidiary, beta-stage testing has been completed and the technology is currently being installed on generators belonging to Titan's customers. The Titan system operates over cellular, landline and satellite communication networks and can be used to support all types of onsite power technologies including power generators, solar arrays, wind turbines and battery storage systems.

Utilizing a proprietary system architecture developed to support other smart grid applications, the Titan platform offers what management believes are many improvements and unique features compared to competing systems, including: real time asset and service management functionality, greater end-device and multi-user scalability, improved reliability over wireless networks, automation of critical processes and adaptability to a broader range of industries and customers. {continued}

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