Titan's Actions in Response to Recent Discoveries of Trademark Infringement at Company's Oblio Telecom Unit
February 18, 2008
DALLAS--(BUSINESS WIRE)--Titan Global Holdings, Inc. ("Titan") (OTCBB: TTGLE), a high growth diversified holding company, announced today its plan for lawful retailers and distributors to remove and replace those phone cards either in their possession or on their retail shelves that are counterfeit with authentic Oblio Telecom, Inc. ("Oblio") products.
Last week Oblio, a unit of Titan's Communication Division, announced it commenced trademark infringement litigation in the Federal District Court for the Northern District of Texas against several prepaid calling card retailers, distributors and their network provider. The alleged causes of action arise from the Defendants' promotion, advertisement and sale of counterfeit calling cards bearing reproductions, copies and colorable imitations of Oblio's famous trademark and trade dress.
Some of the named parties have and continue to sell counterfeit phone cards under brand names owned by Oblio. Lawful retailers and distributors can verify the authenticity of these phone cards by examining the customer service number on the back of the phone card. Unless the customer service number is US +1 8003944868 Call , it is counterfeit, suspended, or expired.
Titan's most popular and widely used branded phone cards include:
Hello Asia®
Picante®
TCC®
Telerumba®
Ida Y Vuelta®
Oblio Telecom®
Yada Yada Yada®
E-Z Cell®
Smart Asia®
Real Time®
My Pinless®
Solo®
Jormax®TM
Whyuseit®
Latinos Unidos®
Hello Vietnam®
El Caballo®
Oro HondurasTM
24/7TM
Bravo!®
PicosaTM
3 Por 2®
NJTalkTM
Tier 1TM
5 StarTM
El Caballo®
Blah Blah BlahTM
BravoTM
Bula BulaTM
Five StarTM
ScoreTM
TXT2TM
New Jersey TalkTM
Texas ScoreTM
Tier OneTM
VamosTM
Forever Massachusetts®
Smart 1TM
If you believe you have counterfeit Oblio phone cards, please contact our customer service representatives at authentic@obliotel.com or US +1 8888672764 Call . If you are represented by counsel, please have your counsel contact:
Jonathan S. Marashlian
Helein & Marashlian, LLC
1483 Chain Bridge Road, Suite 301
McLean, Virginia 22101
jsm@commlawgroup.com
Facsimile: (703)-714-1330
"I want to assure our customers and investors alike that we will aggressively defend our quality and popular brands against infringement and unauthorized use," said Bryan Chance, President and Chief Executive Officer of Titan Global Holdings. "Last week we announced our restoration of a platform agreement with Oblio's Tier One telecom network provider for most of the last decade. The renewal of this relationship will not only enable us to continue to support these high quality brands but also our introduction of new brands in the future."
About Titan Global Holdings
Titan Global Holdings is a diversified holding company with a dynamic portfolio of subsidiaries spanning international telecommunications, electronics and homeland security, consumer products and energy resources and distribution.
Titan's operating divisions include the following:
Titan's Communications Division addresses a range of high-growth markets in the telecommunications, wireless and mobile segments. These units are focused on prepaid telecommunication products.
The Titan Global Energy Division aggregates traditional and next-generation energy and fuel assets that can provide significant opportunities for growth in one of the world's largest and most critical markets.
Titan Global Brands integrates, protects and expands brand management capabilities to leverage and optimize growth across Titan's worldwide distribution channels.
Titan Card Services plans to capitalize on the burgeoning multibillion dollar international prepaid money transfer sector. Titan Card Services proprietary technology provides for convenient and efficient international money transfers.
Titan's Electronics and Homeland Security Division includes Titan PCB East, Inc., Titan PCB West, Inc., and Titan-Nexus, Inc. These companies specialize in the manufacture of advanced circuit boards and other electronic products for classified military and defense department customers, and other high-tech clients.
For more information, please visit: www.titanglobalholdings.com.
For investor-specific information and resources, visit http://www.trilogy-capital.com/tcp/titan/ or http://www.b2i.us/irpass.asp?BzID=1314&to=ea&s=0.
To view current news, visit http://www.trilogy-capital.com/tcp/titan/quote.html. To view an investor fact sheet about the company, visit http://www.trilogy-capital.com/tcp/titan/factsheet.html.
Forward-Looking Statements
Safe Harbor Statement Under the Private Securities Litigation Reform Act of 1995 -- With the exception of historical information, the matters discussed in this press release are forward-looking statements that involve a number of risks and uncertainties. The actual future results of TTGL could differ significantly from those statements. Factors that could cause actual results to differ materially include risks and uncertainties such as the inability to finance the company's operations or expansion, inability to hire and retain qualified personnel, changes in the general economic climate, including rising interest rates and unanticipated events such as terrorist activities. In some cases, you can identify forward-looking statements by terminology such as "may," "will," "should," "expect," "plan," "anticipate," "believe," "estimate," "predict," "potential" or "continue," the negative of such terms, or other comparable terminology. These statements are only predictions. Although we believe that the expectations reflected in the forward-looking statements are reasonable, such statements should not be regarded as a representation by the Company, or any other person, that such forward-looking statements will be achieved. We undertake no duty to update any of the forward-looking statements, whether as a result of new information, future events or otherwise. In light of the foregoing, readers are cautioned not to place undue reliance on such forward-looking statements. For further risk factors see the risk factors associated with our Company, review our SEC filings.
Contacts
Trilogy Capital Partners
Financial Communications:
Ryon Harms, Toll-free: US +1 8005926067 Call
info@trilogy-capital.com
