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Tytan Holdings, Inc. (TYTN) Announces LOI to Acquire Tytan International

^{Published on 2009-11-12 09:57:30 - Market Wire}
 

KALAMA, WA--(Marketwire - November 12, 2009) - Tytan Holdings, Inc. (PINKSHEETS: [ TYTN ]) announced today that it has entered into a Letter of Intent to acquire One Hundred Percent (100%) of Tytan International, Inc., a privately-held tractor company with exclusive manufacturing agreements in China.

About Tytan International, Inc.

Tytan International has several patents/patent pending products that create a strong niche for keeping sales & profits high which include: the Kingchipper, the 4N1 loader bucket, their backhoe bodies mount system, its rear fill fuel tank, the new super starters, the Dual Trax tires, and more.

Tytan's leadership has been successful in the past 25 years with finding successful niches in the retail & wholesale markets. Most of those years were spent building alliances in China. Tytan's goal is to cultivate a network of "key" retailing outlets that would first blanket the West coast and then move eastward.

With the recent explosion of the Chinese automobile industry, there has been a huge boom in quality. Tytan International is on the leading edge and will be there with a new era of products in 2010 that will meet or beat any competitor's, all with the value conscious consumer in mind.

About Tytan Holdings, Inc.

Tytan Holdings, Inc. is a holding corporation with strategic focus in acquisition of agricultural equipment manufactures and exploration of environmental technologies.

This news release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 (the "ACT"). In particular, when used in the preceding discussion, the words "estimated," "believe," "optimistic," "expect," and similar conditional expressions are intended to identify forward-looking statements within the meaning of the ACT and are subject to risks and uncertainties, and actual results could differ materially from those expressed in forward-looking statements. Such risks and uncertainties include, but are not limited to, unfavorable market conditions, increased competition, limited working capital, and failure to implement business strategies, actions by regulatory agencies, and other risks.