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

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Thu Nov 12, 2009 12:49pm EST 

  KALAMA, WA, Nov 12 (MARKET WIRE) -- 
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.

    

Contact:
Tytan Holdings, Inc.
Investor Relations
Shaun M. Kohlmeier
Telephone 503.512.8556
www.TytanHoldings.com
Email Contact

Tytan International, Inc.
www.TytanTractor.com

Copyright 2009, Market Wire, All rights reserved.

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