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Titan Logix Corp. Receives $600,000 Infusion of Funding for Groundbreaking Research and Development to Advance Safety in Aircraft Deicing Application

Written by thomas · Filed Under Aeronautics News 

December 18, 2008

thomas

EDMONTON, ALBERTA–(Marketwire – Dec. 18, 2008) – Titan Logix Corp., (TSX VENTURE:TLA), an advanced technology industrial instrumentation and controls company, has been granted funding of $600,000 from Ottawa-based Precarn Incorporated, in association with Alberta Advanced Education and Western Economic Diversification.

Under a program administered by Precarn – a not-for-profit organization representing a national network of corporations, universities, colleges, research institutes and government partners engaged in the development of enabling technologies – companies such as Titan Logix Corp. receive assistance in researching, advancing and commercially developing innovative made-in-Canada advanced technologies. “This funding is an important vehicle to assist us in delivering a much needed solution, building upon the Deice-StikTM platform,” says Greg McGillis, P.Eng. Vice President of Operations and Business Development at Titan Logix Corp. “It helps us achieve our mission: to provide the petroleum and aviation ground support industries with advanced technology solutions to automate essential measurement and control processes safely and efficiently”. With this support from Precarn, Titan has the opportunity to accelerate the development, reduce the risk and share the costs of research and development of its innovative SAFTAM system (see excerpt from Precarn’s December 11, 2008, news release below).

Smart Autonomous Fluid Transport Asset Management (SAFTAM) System:

The process of de-icing an aircraft before takeoff during inclement weather relies on precision. Before sending a truck out to service a plane, a dispatcher needs to know the fluid levels and the percentage of glycol to water in its tanks to enable adjustments according to outdoor temperature in order to be effective (the lower the temperature, the higher the percentage of glycol required). With the $600,000 infusion from the Precarn program, groundbreaking research led by Titan Logix Corp. of Edmonton is aiming to improve current de-icing practices through enhancements to the company’s Guided Wave Radar (GWR) technology, already proven effective as a “load buddy” to monitor liquid levels in crude oil tankers and aviation refuelers. Using radar pulses to measure levels, the technology is more reliable and less costly than traditional turbine flow meters. Titan is adding intelligence to the technology enabling the measurement of the concentration of glycol from the top to the bottom of a tank, providing a more accurate result than existing sensors that rely on spot measurements. The company is also addressing asset management with wireless technology to allow the dispatcher to coordinate the deicing process between the truck and the tower more effectively. By bringing automation to the de-icing process, the company is aiming to reduce the risk of ice build up. This provides a higher level of confidence that the mixture in a tank is what the operators expect it to be and the automated recording and transmission of data reduces the likelihood of error and the need for operator intervention.

About Titan Logix Corp.:

Founded in 1979, Titan Logix Corp. has evolved into an advanced technology industrial instrumentation and controls company. We focus on designing, manufacturing, distributing and servicing instrumentation and automation solutions. These are primarily for the oil and gas, chemical and transportation industries, which for many years have relied on manual intervention. However, due to rising costs, concerns and awareness about the environment, the importance of spill prevention and technological advancements – to list but a few reasons – there has been an accelerated demand for our products. The products we specialize in are:

– Transport Instruments: guided wave radar liquid gauging and control systems for mobile tankers;

– Level and Flow Instruments: mechanical and electronic liquid level gauging systems for storage tanks and industrial process vessels;

– Burner Controls: electronic burner management systems for atmospheric industrial heaters; and

– Telemetry and Control Products: communication and control systems enabling remote telemetry and management of site processes.

Titan Logix Corp. is a public company listed on the Toronto Venture Stock Exchange and its shares trade under the symbol, TLA.

This news release contains certain statements with information that may be forward-looking and subject to unknown risks and uncertainties. The actual results, performance and achievements of Titan Logix Corp. may differ materially from the results, performance and achievements expressed or implied by such forward-looking statements. We caution you not to place undue reliance on these forward-looking statements.

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this news release.

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