SAN JOSE, Calif., Feb. 14, 2007 (PRIME NEWSWIRE) -- Titanium Group, Ltd. (OTCBB:TTNUF), a leading biometric and security solutions provider, today announced a contract to provide its security solutions to Tsinlien Group and its subsidiary, Tianjin Development Holdings Limited (HKEX:0882), a conglomerate under the control of the Tianjin Municipal People's Government through its window company in Hong Kong, Tsinlien Group Company Limited. Tianjin Development Holdings Limited has approximately 3,800 employees with revenues exceeding US$286 million.
According to the agreement, Tsinlien Group is utilizing Titanium's ProAccess FaceGuard and security monitoring to improve its level of security, especially in highly sensitive areas where confidential information regarding its business is stored.
"Security is a top priority and is of paramount importance in every business practice. As a leading biometric and security solution provider, we are committed to helping our customers by providing specific security solutions to protect the highly confidential information of commercial and government agencies alike, including a major multi-million dollar conglomerate like Tianjin Development Holdings Limited," said Dr. Johnny Ng, Chairman of Titanium Group, Ltd. "It is another fine example proving that our dynamic products effectively meet the security needs of those who seek the best security solution for their business."
Billy Tang, COO of Titanium Group, Ltd. added, "Titanium's ProAccess FaceGuard is a complete solution for enterprises' security needs of protecting confidential information against unauthorized individuals. With Titanium's advanced facial recognition technology, we can assure our customers that their business is secured with a reliable solution."
About Tianjin Development Holdings Limited
Headquartered in Hong Kong, Tianjin Development Holdings Limited (HKEX:0882) is one of the leading consolidated enterprises in China and is the only overseas listed corporation under the control of the Tianjin Municipal People's Government. Its principal operations and its associated companies can be categorized into three sectors, namely, (i) infrastructure operations; (ii) utilities operations; and (iii) strategic and other investments. Infrastructure operations consist of toll road operations; utilities operations consist of supply of water, electricity and thermal power, and strategic and other investments include investments in the production, sale and distribution of winery products, gas fuel operations, and elevator and escalator operations. Tianjin Development Holdings Limited subsidiary Tianjin Port Development Group is engaged in provision of port service. During these years, the Group has stepped into hi-tech investments, which consist of bio-pharmaceutical and computer software. To learn more about Tianjin Development Holdings Limited, please go to http://www.tianjindev.com.
About Titanium Group:
Titanium Group, Ltd. (http://www.titanium-tech.com), and 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 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.