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TTGL, Titan Global Announces Favorable Re-Negotiation of Relationship with Tier-One Telecommunications Provider Sprint Nextel

Titan Global Holdings, Inc. (OTCBB:TTGL Stock Forums), a high-growth diversified holding company, announced today that Oblio Telecom, Inc., a subsidiary of Titan, amicably resolved issues with Sprint Nextel Corporation that incorporates new wholesale purchasing agreement which replaced Oblio's prior agreement with Sprint. The agreement also expands wireline capacity and enables Oblio to terminate international traffic over Sprint’s extensive network.

“As we have communicated to our customers and investors, Titan’s Communications Division has progressed to a vertically integrated model,” said Kurt Jensen, President and Chief Executive Officer of Titan’s Communications Division. “We are excited to open our relationship with Sprint Wholesale wherein we can utilize its worldwide network prowess.”

The settlement reflects the amicable progression of Titan’s relationship with Sprint. The re-positioned wholesale agreement provides additional wireline capacity to Titan’s established network, which enables Titan to support more customers to more destinations around the globe.

“Our Communications Division continues to wisely deploy capital to expand its owned and leased network facilities,” said Bryan Chance, President and Chief Executive Officer of Titan. “We are now in control of our destiny. I believe that this new contract will give us the flexibility and resources to significantly expand our customer base and increase our margins. We believe this new relationship will build shareholder value well into the future.”

Titan recently announced the acquisition of Ready Mobile, which Titan expects to achieve additional synergies and cost savings by leveraging Ready Mobile’s distribution strength in the wireless market. By combining Oblio’s trusted long distance brands with Ready Mobile’s distribution strength in the wireless market, Titan anticipates creating a leading portfolio of prepaid communications products for our vast network of distribution partners.

For further information, see the Current Report on Form 8-K filed by Titan today.

About TTGL Titan Global Holdings

Titan Global Holdings, Inc. (“Titan”) (OTCBB:TTGL) is a high-growth diversified holding company with a dynamic portfolio of companies engaged in emerging telecommunications markets and advanced technologies. In its last fiscal year Titan generated in excess of $109 million in revenues on a consolidated basis.

Titan’s Oblio Telecom Inc. (“Oblio”) telecommunications subsidiary, based in Richardson, Texas, is a market leader in prepaid telecommunications products and the second largest publicly-owned international telecommunications company focused on the prepaid space. Oblio leverages strategic agreements with Tier 1 telecommunications leaders Sprint and Level3 to supply its brand-name prepaid calling cards. Annually Oblio sells an estimated 35 million of its brand-name prepaid calling cards through its established distribution channels estimated at more than 60,000 retail outlets.

Titan Wireless, Inc. (“T Wireless”) is Titan’s wireless subsidiary and is a mobile virtual network operator (“MVNO”). T Wireless sells its MVNO prepaid wireless products and wireless services through Oblio’s established distribution channels. Titan’s Electronics and Homeland Security division specializes in advanced manufacturing processes to provide commercial production runs and quick-turn delivery of printed circuit board prototypes for high-margin markets including Homeland Security and 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 stock quotes and 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.