Titan Creates HomeLand Security Office Focused On Chemical and Biological Terror --
/FROM PR NEWSWIRE LOS ANGELES 213-626-5500/
TO BUSINESS AND MEDICAL EDITORS:
Titan Creates HomeLand Security Office Focused
On Chemical and Biological Terrorism
SAN DIEGO, Oct. 17 /PRNewswire/ -- The Titan Corporation (NYSE: TTN) today
announced that the company has created the Homeland Security Office within the
Office of the Chairman to specifically focus on providing solutions to
chemical and biological terrorism. The Honorable Susan Golding, former Mayor
of San Diego, a Board Member of both the SureBeam Corporation (Nasdaq: SURE)
and Titan, and consultant to Titan CEO Gene Ray, will serve as the head of
this office. The objective of the office is to efficiently bring together the
combined resources of Titan and SureBeam, in order to provide government and
commercial customers with comprehensive integrated solutions to the
bioterrorism threat. As a first step, Titan and SureBeam will be offering
SureBeam's proprietary electron beam technology as an immediate and safe
solution for eliminating anthrax contamination from the U.S. mail.
"I welcome the opportunity to bring together the significant technological
capabilities of both Titan and SureBeam to address what has become an urgent
national priority, chemical and biological terrorism. I look forward to
working with the employees of both Titan and SureBeam to develop comprehensive
solutions to this very serious problem facing our nation," said Susan Golding.
For the past eight years, Titan/SureBeam electron beam technology has been
used by Titan to sterilize and eliminate the threat of bacterial contamination
in medical products, and for the last 18 months it has been used by SureBeam
to eliminate dangerous bacteria in food. Similar to a microwave oven, the
SureBeam(R) technology, which was originally developed by Titan, uses
commercial electricity as its energy source to eliminate bacterial threats.
Titan/SureBeam technology can electronically zap the mail or other packaging
that may be used by a terrorist to transmit the anthrax, eliminating in
minutes that threat or any other bacterial threats. Since Titan/SureBeam
technology is a machine, it can be installed in almost any processing
facility.
There are presently four company-owned Titan or SureBeam electron beam
facilities in operation and available, with facilities in Chicago, College
Station, located at Texas A&M, and Los Angeles opening within the near future.
Titan and SureBeam are currently using the technology to ensure the security
of its own mail.
For more than twenty years, Titan Systems has been providing a variety of
information technology systems and services to the U.S. military and other
government customers. Key areas of expertise include chemical and biological
hazard prediction modeling, facility vulnerability assessments, and chemical
and biological decontamination.
SureBeam is a leading provider of electron beam food safety systems and
services for the food industry. SureBeam's technology significantly improves
food quality, prolongs shelf life, and provides disinfestation that helps to
protect the environment. The SureBeam(R) patented system is based on proven
electron beam and x-ray technology that destroys harmful food borne bacteria
much like thermal pasteurization does to milk. This technology can also
eliminate the need for toxic chemical fumigants used in pest control that may
be harmful to the earth's ozone layer.
Titan Scan Technologies, a wholly owned subsidiary of Titan, has been a
premier leader in building and operating customized medical sterilization
systems. Besides operating three medical sterilization facilities itself, the
company has installed the systems in numerous medical equipment production
facilities, domestically and abroad, to eliminate the threat of bacterial
contamination.
Headquartered in San Diego, The Titan Corporation creates, builds and
launches technology-based businesses, offering innovative technical solutions.
Three of Titan's four core businesses develop and deploy communications and
information technology solutions and services. In addition, Titan's
subsidiary SureBeam (Nasdaq: SURE) markets the leading technology for the
electronic pasteurization of food products and Titan is continually
identifying promising technologies suitable for commercialization. The company
has approximately 8,000 employees and annualized sales of approximately $1.1
billion.
"Safe Harbor" Statement under the Private Securities Litigation Reform Act
of 1995: The statements contained in this release, which are not historical
facts, are forward-looking statements within the meaning of Section 27A of the
Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934.
Examples of such forward-looking statements include the expectation that the
Company will offer a solution to bioterrorism through the mail. These
statements are subject to risks and uncertainties that could cause actual
results to differ materially from those set forth in or implied by forward-
looking statements. These risks and uncertainties include the risks associated
with the Company's entry into new businesses and new markets and other risks
described in the Company's Securities and Exchange Commission filings.
Media Contact: Wil Williams, Vice President
Corporate Communications (858) 552-9724 or wwilliams@titan.com
Investor Relations Contact: Rochelle Bold, Vice President
Investor Relations (858) 552-9400 or invest@titan.com
If you would like to receive press releases via electronic mail,
please contact invest@titan.com
Press Releases and other Titan information are available on
The Titan Corporation's World Wide Web site: titan.com |
