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Title Consulting (TITL) Forward Guidance: Merger With PresentAll Nears Completion as Part of Company's New Technology Strategy


Published on 2011-02-18 12:50:45 - Market Wire
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ST. PETERBURG, FLORIDA--(Marketwire - Feb. 18, 2011) - Title Consulting Services, Inc. (PINK SHEETS:TITL) ([ www.titleconsultingservices.com ]), Accu Title Agency ([ www.accutitleagency.biz ]) offers forward guidance to the company's plans and operations, as it announced that it is nearing closure of its merger with PresentAll ([ www.presentall.com ]) and plans further expansion into the technology sector.

TITL CEO Dustin Secor stated: "We are thrilled to connect with PresentAll and its experienced leadership. Their entrepreneurial experience and dedication to join public markets had sped up our due diligence and we expect to finalize the merger shortly. The company leadership consists of seasoned business professionals and we expect them to take PresentAll and TITL to the next level. We intend to update our website with the bios of the company's top executives shortly. The merger should finalize within the previously announced projected time frame.

"Just as the merger with PresentAll closes, our first smartphone app is ready to launch, with pending approval from Apple. The app is a venture with Impiger Technologies ([ www.impigermobile.com ]) that can provide basic mortgage calculations and bring Accu Title to every realtor and mortgage professional in the United States.

"Our IT team is setting up the Accu Title website and TITL corporate site for the launch, as well as updating the corporate site with the PresentAll business details. Besides these next-to-finalized developments which should close within days, we are in discussions with several other high-tech companies and are looking to expand into the smartphone app market. Some of these discussions are also progressing well and LOIs may be signed shortly. In this regard, if we progress swiftly and all due diligence goes well, we are looking at 90-day merger closures. We will keep our followers well-advised on all developments.

"All of these exciting developments will enable TITL to continue its transformation into a conglomerate encompassing real estate and technology, and possibly other sectors in the future as opportunities present themselves. We seek diversity and new avenues for growth, increased revenues and additional value for the company and our shareholders. We are looking at a very exciting 2011 for TITL, and we hope the public will appreciate all of these developments."

The company will provide updates on all news and developments as they unravel.

Safe Harbor Statement

Information in this news release may contain statements about future expectations, plans, prospects or performance of Title Consulting Services, Inc. that constitute forward-looking statements for purposes of the Safe Harbor Provisions under the Private Securities Litigation Reform Act of 1995. The words or phrases "can be", "expects", "may affect", "believed", "estimate", "project" and similar words and phrases are intended to identify such forward-looking statements. Title Consulting Services, Inc. cautions you that any forward-looking information provided by or on behalf of Title Consulting Services, Inc. is not a guarantee of future performance. None of the information in this press release constitutes or is intended as an offer to sell securities or investment advice of any kind. Title Consulting Services, Inc.'s actual results may differ materially from those anticipated in such forward-looking statements as a result of various important factors, some of which are beyond Title Consulting Services, Inc.'s control. In addition to those discussed in Title Consulting Services, Inc.'s press releases, public filings, and statements by Title Consulting Services, Inc.'s management, including, but not limited to, Title Consulting Services, Inc.'s estimate of the sufficiency of its existing capital resources, Title Consulting Services, Inc.'s ability to raise additional capital to fund future operations, Title Consulting Services, Inc.'s ability to repay its existing indebtedness, the uncertainties involved in estimating market opportunities, and in identifying contracts which match Title Consulting Services, Inc.'s capability to be awarded contracts. All such forward-looking statements are current only as of the date on which such statements were made. Title Consulting Services, Inc. does not undertake any obligation to publicly update any forward-looking statement to reflect events or circumstances after the date on which any such statement is made or to reflect the occurrence of unanticipated events.


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