FTTN Explores New Market Possibilities in Energy Preservation
April 14 2015 - 9:32AM
Business Wire
In its continuing effort to capitalize on developing market
opportunities related to clean energy, First Titan Corp. (OTCBB:
FTTN) will explore new plays in the field of energy preservation,
the company announced today.
Historically, sustained high energy prices have triggered
energy-saving measures, and in the past decade, rising oil prices
stimulated significant technological innovation and enhanced
efficiency in the energy economy. With the price of hydrocarbons
now slumping, FTTN plans to seize the perfect opportunity to invest
its resources in marketing and developing new efficiencies
experiencing low demand for the time being thanks to cheap oil.
“Energy preservation can be as simple as switching all the
lightbulbs in your business to LEDs, or as complex as developing
smarter energy grid technology,” said FTTN CEO Sydney Jim. “Once
the price of oil begins to climb again, demand will once again rise
quickly for energy preservation technologies and techniques. When
that happens, we plan to be ready with a refined marketing and
rollout strategy.”
FTTN will explore market-ready ideas capable of reducing
domestic and international pressures on energy supply systems,
reducing or limiting the demand for energy, allowing spending on
energy to be redirected towards other needs and resulting in
improved wellness. Through its wholly owned subsidiary, First
Titan Energy, the company is building a diversified asset base of
energy properties and is dedicated to the continued development of
energy assets throughout North America alongside companies such as
Lucas Energy, Inc. (NYSE: LEI), Earthstone Energy, Inc. (NASDAQ:
ESTE), Fieldpoint Petroleum Corp. (NYSE: FPP) and Evolution
Petroleum Corp. (NYSE: EPM).
For more information on FTTN’s current projects, please
visit www.firsttitanenergy.com.
About First Titan Corp.
First Titan Corp., through its wholly owned subsidiary, First
Titan Energy, LLC, is committed to the exploration and development
of oil and natural gas resources around the globe. The Company
continually seeks to partner with energy developers that are
pursuing innovative new methods of oil and gas extraction,
including the development of new technologies, cleaner methods and
unconventional resources.
Notice Regarding Forward-Looking Statements
Safe Harbor Statement under the Private Securities Litigation
Reform Act of 1995: This news release contains forward-looking
information within the meaning of Section 27A of the Securities Act
of 1933, as amended, and Section 21E of the Securities Exchange Act
of 1934, as amended, including statements that include the
words “believes,” “expects,” “anticipate” or similar expressions.
Such forward-looking statements involve known and unknown risks,
uncertainties and other factors that may cause the actual results,
performance or achievements of the company to differ materially
from those expressed or implied by such forward-looking statements.
In addition, description of anyone’s past success, either financial
or strategic, is no guarantee of future success. This news release
speaks as of the date first set forth above and the company assumes
no responsibility to update the information included herein for
events occurring after the date hereof.
First Titan CorporationSydney Jim, 850-269-7267President
and CEOinfo@firsttitanenergy.com