Titanium Group Announces Contract With Major Travel Agency in China

Company Signs China Travel Service, Ltd With 40 Branches in Hong Kong and 21 Overseas Branches in 14 Countries


SAN JOSE, Calif., Nov. 2, 2006 (PRIMEZONE) -- Titanium Group, Ltd. (OTCBB:TTNUF), a leading biometric and security solutions provider, today announced it has signed a contract to provide its ProAccess FaceGuard security solution to China Travel Service, Ltd (CTS), one of the largest travel agents in Hong Kong. China Travel Service has 40 branches in Hong Kong alone and another 21 branches overseas in 14 countries.

Titanium's ProAccess FaceGuard has been installed at CTS to provide the company with physical access control and security monitoring of its document storage center where highly confidential information of customers, such as traveling or identification credentials and permits, are being stored. Previously, CTS was utilizing a hand geometry system for security purposes but has decided to switch to ProAccess FaceGuard due to its superior performance. ProAccess FaceGuard provides a high degree of accuracy and speed. It also promotes greater convenience and ease of maintenance as face recognition technology requires no physical contact or usage.

"Since CTS is one of the leaders throughout China issuing travel permits, they have internal security restrictions for keeping travel documents highly confidential. This type of client is an ideal one for the types of products we offer at Titanium," said Dr. Johnny Ng, Chairman of Titanium Group, Ltd. "Many of our clients who experience our ProAccess FaceGuard product firsthand see just how effective and comprehensive it is. Often this leads them to completely overhauling their security operations with our superior biometric products."

Mr. Lai, Senior Manager of China Travel Service, Ltd, added, "We have found that the hand geometry system we have been using has problems with the hygiene of physical contact between the device and a large number of users. Also, the accuracy and sensitivity of the system has been affected as well due to wear and tear but with Titanium's ProAccess FaceGuard these types of problems are simply solved and we are able increase our security level to an even greater extent."

About China Travel Service:

China Travel Service (Hong Kong) Limited (http://ctshk.com/english/aboutus/index.htm), established in 1928, is the first China-based travel agent in Hong Kong and is now one of the largest travel agencies in the country. At present, CTSHK has 40 branches in Hong Kong, wholly owned subsidiaries in Macau and Guangzhou, and 21 overseas branches in 14 countries. The main business scope includes: tours for local residents and tourists from the mainland China and overseas; visa processing; issuance of China Entry Permits for Hong Kong, Macau and Taiwan, etc.

About Titanium Group:

Titanium Group, Ltd., 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. The Company's clients include ESPN, IBM and the People's Bank of China. For more information please visit (http://www.titanium-tech.com)

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. Although the Company believes that its expectations are based on reasonable assumptions, it can give no assurance that the anticipated results will occur. When issued in this report, the words ``expects,'' ``anticipates,'' ``intends,'' ``plans,'' ``believes,'' ``seeks,'' ``estimates,'' and similar expressions are generally intended to identify forward-looking statements. The Company disclaims any intention or obligation to update or revise forward-looking statements, whether as a result of new information, future events or otherwise. Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: The statements which are not historical facts contained in this advertisement are forward-looking statements that involve certain risks and uncertainties including but not limited to risks associated with the uncertainty of future financial results, additional financing requirements, development of new products, governmental approval processes, the impact of competitive products or pricing, technological changes, and the effect of economic conditions.



            

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