Titan Energy Achieves Positive EBITDA for December 2011

MINNEAPOLIS, Jan. 26, 2012 /PRNewswire/ -- Titan Energy Worldwide, Inc. (OTC:TEWI), a leader in distributed power generation products and intelligent energy management services, today announced that the Company finished the month of December 2011 with a positive EBITDA. EBITDA is a nonGAAP metric of the Company's financial performance that measures earnings prior to deductions of interest, taxes, depreciation and amortization. The Company's 10K annual report will be filed with the U.S. Securities and Exchange Commission by or before March 30, 2012.

"Six months ago we set a company goal to achieve a positive EBITDA by the end of the year. I am extremely proud of everyone at Titan Energy for achieving this important milestone in our development. This proves, I believe, that Titan Energy has a solid foundation of people, customers and opportunities that will only continue to produce better and stronger results in 2012 and beyond," stated Jeffrey Flannery, Chief Executive Officer of Titan Energy Worldwide, Inc.

Added Flannery, "We have achieved this important goal partially through a disciplined cutback in our overhead and corporate expenses. At the same time, we have put added focus on bolstering our service revenues to all-time highs. Long-term service contracts supporting thousands of customers throughout the United States are not only contributing to our financial turn-around but are also creating a strong, recognizable brand of the Titan name in the onsite power generation industry."

About Titan Energy Worldwide, Inc.

Since its founding, Titan Energy Worldwide has been dedicated to helping companies meet their power generation and energy management needs. To date we have focused on providing thousands of customers with the most advanced power generation equipment to enable their operations to continue uninterrupted during times of power failures or disasters. We have also established a professional service team that helps customers to maintain and manage their power generations assets. From emergency and back up power technologies, to demand response programs and Smart Grid applications, Titan Energy is setting a path for the future in energy management. For more information, please visit the company's website at: www.titanenergy.com.

Forward-Looking Statements

Investors are cautioned that certain statements contained in this document as well as some statements in periodic press releases and some oral statements of TEWI officials are "Forward-Looking Statements" within the meaning of the Private Securities Litigation Reform Act of 1995 (the "Act"). Forward-looking statements include statements which are predictive in nature, which depend upon or refer to future events or conditions, which include words such as "believes," "anticipates," "intends," "plans," "expects," and similar expressions. In addition, any statements concerning future financial performance (including future revenues, earnings or growth rates), ongoing business strategies or prospects, and possible future TEWI actions, which may be provided by management, are also forward-looking statements as defined by the Act. Forward-looking statements involve known and unknown risks, uncertainties, and other factors which may cause the actual results, performance or achievements of the Company to materially differ from any future results, performance, or achievements expressed or implied by such forward-looking statements and to vary significantly from reporting period to reporting period. Although management believes that the assumptions made and expectations reflected in the forward-looking statements are reasonable, there is no assurance that the underlying assumptions will, in fact, prove to be correct or that actual future results will not be different from the expectations expressed in this report. These statements are not guarantees of future performance and TEWI has no specific intention to update these statements.

For more information about Titan Energy Worldwide please contact:

Jeffrey Flannery
Titan Energy Worldwide, Inc.
619-988-5869
[email protected]

SOURCE Titan Energy Worldwide, Inc.