MIAMI, Nov. 10, 2005 (PRIMEZONE) -- Titan Global Entertainment, Inc. (Pink Sheets:TGLE) announced that it has merged into a publicly traded company which trades on the Pink Sheets under the symbol "TGLE". As part of this acquisition, the public company acquired all of the issued and outstanding shares of Titan Global Entertainment, Inc., a Florida corporation, on a one-for-one share exchange basis. The public entity changed its name to Titan Global Entertainment, Inc., and changed its domicile from Nevada to Colorado. Upon completion of the acquisition, Titan Florida will become a wholly owned subsidiary of the public company.
Titan Global Entertainment, Inc. is a fast growing entertainment company. Titan Global Entertainment, Inc. is a multi-faceted hybrid music entertainment company that specializes in artist management, record production, traditional record distribution, digital distribution, music consulting, publishing, television & multi-media, marketing, promotion and new emerging technologies of music by talented artists of various backgrounds on a global level. The management team is comprised of accomplished music industry veterans and technology experts.
This press release includes forward-looking statements that involve risks and uncertainties, including, but not limited to, product delivery, the management of growth, market acceptance of certain products and other risks. These forward-looking statements are made in reliance on the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. For further information about these factors that could affect Titan Global Entertainment, Inc. future results, please contact the Company directly. Prospective investors are cautioned that forward-looking statements are not guarantees of performance. Actual results may differ materially from management expectations.