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Music Industry 31 January, 2005

Entertainment Company Launches New Charitable Foundation

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PALM BEACH (TGE) - International entertainment company, Titan Global Entertainment, Inc. has launched a new non-profit foundation to guide its charitable endeavors into the future, as announced by James Devericks, chairman and CEO of the company. Hoping to re-define charitable contributions and accountability, the Titan Global Entertainment Foundation (TGEF) will be the first charity organization to utilize TriMethods Trust to garner and distribute funds for the organization. The first endeavor for TGEF will be to aid victims of the recent Tsunami through the reconstruction of the infrastructure of the countries including roadways, schools, homes and commercial structures.

TGEF, through TriMethods Trust, joins a consortium of corporations, charities, trusts and foundations to deliver long-term relief to the communities devastated by the Tsunami. This unprecedented collaboration will enable other charities and foundations the ability to work together for a global cause. Through the utilization of Internet Methods, Inc.'s web-based tracking technology, donors will be able to follow their contributions in real-time as the monies are distributed and utilized -- essentially offering an open-book to supporters of the charities

"We are delighted to launch this new foundation, especially in light of the devastation that has recently taken place in Asia," said Devericks. "The response by the international community has been heartening and nations, corporations and private citizens alike have responded with aid to the affected areas in order to provide much-needed food, water, medicine, clothing and temporary shelter. Once this phase of the recovery is completed, a new daunting challenge must be faced � homes, schools, hospitals, and more must be rebuilt; infrastructures must be restored, communities must be re-established. The world community has answered the call to save lives. Along with TriMethods and our other partners, we are dedicated to getting these people back to the business of living."

The centerpiece of TGEF's fundraising efforts for Tsunami relief will be a series of concerts held throughout North America and featuring many of the world's most acclaimed artists. All proceeds from the events including ticket sales, merchandising, and donations will go directly into the Foundation and distributed through partnering charities via the companies' proprietary technology.

In addition to disaster relief, TGEF will be also be involved in various music education-related programs in order to ensure that those with exceptional talent, dedication and commitment to music be given the opportunity to gain access to resources within the music and performing art industries. Through grants and scholarships, TGEF will support, mentor, and promote youngsters (ages 11-21) to become the future leaders of music and the performing arts.

To make a contribution or for more information on the Titan Global Entertainment Foundation, please go to their website at www.tgefoundation.com.

Titan Global Entertainment, Inc. is one of the fastest growing entertainment companies in the world. Titan Global Entertainment, Inc. is a multi-faceted hybrid music entertainment company that specializes in artist management, record production, traditional record distribution, digital distribution, music consulting, publishing, television & multi-media, marketing, promotion and new emerging technologies of music by talented artists of various backgrounds on a global level. The management team is comprised of accomplished music industry veterans and technology experts. For more information on Titan Global Entertainment, please call (561) 969-6588 or click to www.titan-entertainment.net.

Titan Global Entertainment Foundation is a Florida non-profit corporation that is currently in the process of filing for 501(c)(3) status with the Internal Revenue Service.






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