TITAN GENERAL HOLDINGS INC. (OTCBB: TTGH)

Dear Reader,

This is shaping up to be quite a nice September for Titan General Holdings starting with its September 8th announcement of 11 new customer accounts.  Earlier this week it announced a $350,000 contract and the completion and delivery of another production lot, both with Textron, which supplies parts to Raytheon for the AIM-9X missle system.  Then on Friday it announced a sale and lease-back real estate transacation involving its Massachusets facility that will net TTGH a cool $700,000!  We think Titan is building some formidable momentum.  If you didn't check out this dynamic company when we profiled it at the end of August, Click Here to read our full profile.  Then read on to get the details of its recent news.
 

**Breaking News From Titan General Holdings

Press Release
Source: Titan General Holdings, Inc.
Friday September 12, 4:52 pm ET 

FREMONT, Calif.--(BUSINESS WIRE)--Sept. 12, 2003--Ventures-National Incorporated, dba Titan General Holdings, Inc. (OTC BB: TTGH), announced today it has entered into a definitive agreement for a $2.6 million real estate transaction. Andrew Glashow, Titan's president, made the announcement. The transaction is expected to close within the current fiscal quarter. 

"Under the terms of the contract, TTGH is exercising its option to purchase the
commercial real estate occupied by our Amesbury, MA tech center and oncurrently
reselling that real estate at a significant profit," stated Mr. Glashow. "The completion of this transaction, on which management has been hard at work for a number of months, will allow us to "flip" the option we obtained when we purchased Eastern Manufacturing in February of 2003. On conclusion, we, in turn, will lease the property back from the new buyer." 

With respect to the anticipated profitability of the transaction, Mr. Glashow went on to say, "Our exercise price is $1.825 million and the purchase price is $2.6 million -- with an expected profit in excess of $700,000 after fees. We can fund working capital needs while minimizing the issuance of additional debt or equity." 

Robert Ciri, TTGH's chairman stated, "A major tenet of our strategic plan is making intelligent acquisitions consistent with our high growth strategy - and monetizing those assets at optimal levels." 

To read the entire news release and Safe Harbor, click here.

Press Release
Source: Trilogy Capital Partners
Wednesday September 10, 6:01 am ET 

FREMONT, Calif.--(BUSINESS WIRE)--Sept. 10, 2003--Ventures-National Incorporated
d/b/a Titan General Holdings, Inc. (OTC BB: TTGH), a dynamic and innovative fabrication services company committed to setting the next generation standard in high margin, time sensitive PCB manufacturing, announced today the successful completion and delivery of two low rate initial production lots of the AIM-9X PCB's to Textron Systems Corporation. The order was manufactured at Titan's Amesbury, MA tech center. 

HR Textron, an operating unit of Textron Systems Corporation, supplies the control actuation for the missile to Raytheon Missile Systems, the prime contractor of the AIM-9X. 

In a separate development the company also announced that they have been awarded
a $350,000 contract for the Sensor Fuzed Weapon (SFW) Program to supply Textron
Systems with multiple PCB's in support of Textron Systems' requirements. 

Andrew Glashow, the TTGH president noted, "It should be clear that we are positioning Titan as a state-of-the-art Tier 1 facility and the transactions with Textron validate our strength and position in the commercial and military markets. We look forward to growing our relationship of service and product excellence with Textron Systems." 

On Monday September 8, TTGH announced 11 new customers, which include such major companies as American Power Conversion, Zoll Medical and Pal Pilot. 

About Textron Systems 

Textron Systems Corporation, a wholly owned subsidiary of Textron Inc., provides
innovative technology solutions to meet the needs of the global aerospace and defense industries. The company supports military precision engagement and dominant maneuver with strike weapons, mobility and surveillance systems. The Textron name is well known in the areas of advanced weapons, surveillance systems, aircraft control components, specialty marine craft and armored vehicles. 

To read the entire news release and Safe Harbor, click here.
 

SELECTED FINANCIAL HIGHLIGHTS

A

For a current quote on TTGH, click here.

To view the SEC filings for Ventures-National (dba Titan General Holdings), click here. 
 

TTGH MANAGEMENT

Mr. Ciri has been a Director of the Company since March 3, 2003. Since July, 1998, Mr. Ciri has been a partner in and is a co-founder of a financial management consulting firm STAR Associates, LLC where he focuses in various areas of high technology and health care. Prior to this, from January, 1996 to May, 1998, Mr. Ciri was associated with the Venture Fund of Washington where he took various positions in affiliated companies including that of CEO of ConexSys, Inc., an internet and data warehouse company and President and COO of APACHE Medical Systems, Inc., a public healthcare software and data mining corporation which he led to a successful initial public stock offering. Previously, Mr. Ciri had been with Hewlett-Packard Company for fifteen years until 1995 where he served in various positions including North American Field Operations Manager. 

Mr. Glashow is a senior director and founding partner of Star Associates, LLC, a financial management consulting firm and has been a managing director of Star Associates, LLC since July 1998. Mr. Glashow specializes in various areas of high technology, financial services, and transition technology in the consumer products industry. From 1996 to 1998, Mr. Glashow owned and operated a corporate finance firm, Glashow Associates, specializing in the placement of capital for small emerging growth companies. Andrew graduated from the University of New Hampshire's Whitemore School of Business and Economics with a B.A. in Economics. 
 

TO CONTACT TITAN GENERAL HOLDINGS, INC.

For additional information contact Bernadette Cusack, Trilogy Capital Partners, bernadette@trilogy-capital.com.

Investors interested in learning more about TTGH are encouraged to visit the company’s website at www.titanpcb.com. 

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