SFTV - SAFE TRAVEL CARE DL. - Infothread
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You can trade this stock in:
- Germany: Berlin und Frankfurt
- USA (OTCBB)
ISIN: US78641M1027
WKN: 546693
Symbol (Ger): GXQ
Symbol (USA): SFTV
Shares Issued and Outstanding
- As of July 10, 2006, the issuer had 155,998,552 shares of its common stock issued and outstanding
Actual marcetcap (price 0,0035US$)
- 550 000 US$
Lead-Product:
Sentry 5000 http://www.titanenergy.com/Sentry5000.htm
- water purification
- satellite voice and data communication
- emergency area lighting
- offers 50kW+ additional power capacity
- space conditioning (heat or cooling)
- multiple fuel sources
- can be transported with a SUV
Price:
150 000 US$
Targetgroup:
- public and private sektor
Marketingnetwork:
- development and testing agreements with the US Government
- strategic alliance with Seagrave Fire Apparatus, LLC of Clintonville, Wisconsin to market Titan's Sentry 5000 mobile utility product through Seagrave's nationwide network of dealers
- NextEnergy with great connections USA- und worldwide
- in the week of the 16th of Sept.: Marketing-Trip to Asia
- Distributionpartner in Sri Lanka: TransMec
Last news:
Filing 10Q March 2006
Recent Developments As of April 3, 2006, we entered into a nonbinding letter of intent with an established manufacturer of mobile utility systems to merge their operations into the company. The decision to consummate this transaction is pending due diligence and further negotiations. Although we have completed this acquisition, we must raise significant capital to operate this business. Therefore, unless we are able to sell our shares or find debt financing, we will not have sufficient funds to carry on our business operations for the next 12 months. To date, limited funds from sources have been raised, and there can be no guaranty that any offering will yield the funds necessary for us to carry on our business operations. Without sufficient funding we will be unable to continue as a going concern. On December 19, 2005 Jeffrey W. Flannery was elected as our president, chief executive officer, chief financial officer and secretary of the company. Mr. Flannery now owns 12.9 percent of common stock and 100% of the preferred stock constituting a change of control.
August 14, 2006 - 8:55 AM EST
Safe Travel Care, Inc., Seagrave Fire Apparatus, LLC Form Strategic Alliance to Market Mobile Disaster Response Utility Product
Titan Energy Development, Inc., a wholly owned subsidiary of Safe Travel Care, Inc. (OTCBB:SFTV), announced today that it has formed a strategic alliance with Seagrave Fire Apparatus, LLC of Clintonville, Wisconsin to market Titan's Sentry 5000 mobile utility product through Seagrave's nationwide network of dealers. The alliance allows municipalities and emergency response organizations greater access to the self-sufficient first response units via Seagrave's 40+ dealer network in the United States and Canada.
"The Sentry 5000 is a natural product fit with fire apparatus sales and service," Brighton Diesel Diagnostics, Inc. President Steven Fitzgerald says. "The interest that's been generated from recent showings at national and regional shows indicates there's a real need for this type of mobile response unit, whether for hurricane response or other community emergencies."
The Titan Sentry 5000 offers maximum disaster recovery at an effective cost. The system provides up to 80 hours of self-sufficient emergency power generation (dependent on load utilization) before refueling. It allows for mobile deployment and supports emergency power generation, water purification, satellite voice and data communication, emergency area lighting, space conditioning (heat or cooling), and offers 50kW+ additional power capacity.
"Seagrave sales staffs are in communities every day working with firefighters and municipal leaders to help them prepare for unplanned emergencies," says Tim Steinmetz, Seagrave's vice president of sales. "The Sentry 5000, like our wide range of fire apparatus solutions, is one more tool we can offer to help them respond faster and better."
Steven Hurt, Vice President of Engineering for Titan Energy Development, adds, "The complimentary nature of our markets being first responders, HazMat teams, and other front line disaster relief organizations makes this relationship efficient and easier for those we aim to serve. In addition, partnering with a first class organization like Seagrave is what many organizations strive to do."
More information on Seagrave Fire Apparatus, LLC can be found at www.seagrave.com. More information on Titan Energy Development Inc. and the Sentry 5000 Mobile Utility System can be found at www.titanenergydevelopment.com.
Investors are cautioned that certain statements contained in this document as well as some statements in periodic press releases and some oral statements of SFTV 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 SFTV 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 SFTV has no specific intention to update these statements.
9:01 AM ET Aug 8, 2006
Safe Travel Care, Inc. Releases Financial Statements for Titan Energy Development Inc. Acquisition
SAN DIEGO, Aug 08, 2006 (BUSINESS WIRE) -- Safe Travel Care, Inc released today the audited financial statements for Titan Energy Development, Inc. of Detroit, Michigan. SFTV acquired 100% interest in Titan Energy, which now operates as a wholly owned subsidiary of the company. In 2005, its first year of operation, Titan generated $147,000 in sales revenues and a gross profit of $60,059. Net losses for the company in 2005 were $424,262. More information can be found in the Form 8K the Company filed with the Security and Exchange Commission on August 7, 2008.
Titan Energy Development, Inc., is the manufacturer of a mobile, multifunctional utility system, called the "Sentry 5000" designed for disaster recovery and response situations. The Sentry 5000 generates electricity, provides heating and cooling, water purification and satellite communications and is small enough to be transported by a pick up truck or SUV and operates on diesel fuel. With the acquisition completed, SFTV will now focus on the marketing of the Sentry 5000 to both government and private sector markets.
Stated Jeffrey Flannery, CEO of Safe Travel Care, Inc., "Timing is good for the Titan Sentry 5000 as natural and manmade disasters have created both an immediate and long term need for these utility systems. New regulations in some states are beginning to mandate that certain types of businesses have backup power supplies. Cities and municipalities are looking for compact, reliable solutions for power, air and water supplies in times of disaster. These are the markets we will immediately and aggressively pursue."
Stated Thomas Black, President of Titan Energy Development, Inc., "We are currently in development and testing agreements with the US Government and are confident that these efforts will lead to opportunities for the company. We have also signed marketing agreements with some strategic distributors who are waiting for us to expand our manufacturing capabilities. The need for these systems is growing and cannot be met by the current manufacturers. We now hope we are in a position to meet these needs in the marketplace."
More information on Safe Travel Care, Inc. can be found at: www.sftvinc.com . More information on Titan Energy Development Inc. and the Sentry 5000 Mobile Utility System can be found at www.titanenergydevelopment.com .
Investors are cautioned that certain statements contained in this document as well as some statements in periodic press releases and some oral statements of SFTV 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 SFTV 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 SFTV has no specific intention to update these statements.
9:00 AM ET Aug 17, 2006
Titan Energy Development, Inc. Receives Order for a Sentry 5000 to be Utilized in U.S. Military Program
SAN DIEGO, Aug 17, 2006 (BUSINESS WIRE) -- Titan Energy Development, Inc., a wholly owned subsidiary of Safe Travel Care, Inc announced today that it [b]received an order for a Sentry 5000 mobile utility system from NextEnergy, a nonprofit corporation founded to enable the commercialization of energy technologies that positively contribute to economic competitiveness, energy security and the environment. The Sentry 5000 system will be used in a program supported by the U.S. Department of Defense (DoD) grant to develop mobile utility solutions to provide on-demand power anywhere in the world.
The NextEnergy purchase of the Titan Sentry 5000 was made in conjunction with the U.S. Army Tank-automotive and Armament Command/National Automotive Center as part of a DoD-sponsored project called the "Advanced Mobile Microgrid Power System" (AM2GPS). AM2GPS is tasked with finding solutions that will allow government agencies and other entities to efficiently deploy mobile power control and conditioning assets to any location in the world within 48 hours.
"Given the potential of Titan Energy to become a significant player in Michigan's growing alternative energy industry, we are delighted to play a role in helping them access high value markets such as the U.S. Department of Defense," said Jim Croce, CEO of NextEnergy. "The Sentry 5000 is a perfect product fit for the AM2GPS program because of its unique set of onboard mobile utilities."
The Titan Sentry 5000 offers maximum disaster recovery at an effective cost. The Sentry 5000 provides up to 80 hours of self-sufficient emergency power generation (dependent on load utilization) before refueling. It allows for mobile deployment and supports emergency power generation, water purification, satellite voice and data communication, emergency area lighting, space conditioning (heat or cooling), and offers 50kW+ additional power capacity.
Thomas Black, President and CEO of Titan Energy Development, stated, "Titan is very excited to be a part of this important program. This is a great opportunity to demonstrate the Sentry 5000 capabilities in a real-world military environment and could open doors to many different branches of the Military and Homeland Security for Titan and the Sentry 5000."
The AM2GPS program seeks to harness power from conventional generating sources as well as wind, solar photovoltaics, vehicles with exportable power capabilities, fuel cells and other sources, for distribution across a select geographic area. In the wake of a natural disaster, homeland security incident or military operations, it enables essential human services requiring power, including distilling and purifying water culled from any source.
About Titan Energy Development, Inc.
More information on Titan Energy Development, Inc. and the Sentry 5000 Mobile Utility System can be found at www.titanenergydevelopment.com .
About NextEnergy Center
NextEnergy is a non-profit corporation founded to enable the commercialization of energy technologies that positively contribute to economic competitiveness, energy security and the environment. NextEnergy drives energy technology collaborations, market development, and new business venture support to position Michigan as a leader in the emerging alternative energy industry. For more information, visit www.nextenergy.org .
Investors are cautioned that certain statements contained in this document as well as some statements in periodic press releases and some oral statements of SFTV 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; and/or 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 SFTV 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 SFTV has no specific intention to update these statements.
SOURCE: Safe Travel Care, Inc. Safe Travel Care, Inc. Jeff Flannery, 619-342-7449 Copyright Business Wire 2006
9:00 AM ET Sep 12, 2006
Safe Travel Looking to Expand Market for Sentry 5000 to Countries in Asia
SAN DIEGO, Sep 12, 2006 (BUSINESS WIRE) -- Principals of Titan Energy Development, Inc. and Safe Travel Care Inc. will travel to Asia the week of September 16 to meet with representatives of Chinese machine manufacturers, tour manufacturing facilities and to explore the market for Titan systems in Indonesia, Sri Lanka and neighboring countries.
Stated Thomas Black, President of Titan Energy Development Inc., "This trip represents our interest to be a provider in the Asian market as well as to explore potential relationships for manufacturing components or systems in the region. Our trip to these countries will help us identify what modifications may be necessary to meet requirements in these markets."
Titan Energy manufactures the Sentry 5000, a portable utility system that provides up to 80 hours of self-sufficient emergency power generation before refueling. It allows for mobile deployment and supports emergency power generation, water purification, satellite voice and data communication, emergency area lighting, space conditioning (heat or cooling), and offers 50kW+ additional power capacity.
Added Thomas Black, "We have received considerable interest in the Titan Sentry 5000 from several countries in Asia. Many of these countries have been hard hit and often by storms and other disasters and our system offers tremendous benefits. This market has tremendous potential for Safe Travel and this is just the first step to begin understanding how we might capitalize on those needs."
More information on Titan Energy Development Inc. and the Sentry 5000 Mobile Utility System can be found at www.titanenergydevelopment.com .
Investors are cautioned that certain statements contained in this document as well as some statements in periodic press releases and some oral statements of SFTV 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 SFTV 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 SFTV has no specific intention to update these statements.
SOURCE: Safe Travel Care, Inc.
FORM S-8
Securities offered to employees pursuant to employee benefit plans - Form S-8
STOCK FOR SERVICES COMPENSATION PLAN
50,000,000 shares REGISTERED
September 14, 2006
Titan Energy Development, Inc. to Share in $2,030,000 Award from the Michigan 21st Century Jobs Fund to Test the Sentry 5000's Ability to Run On Alternative Fuels
Titan Energy Development, Inc., a wholly owned subsidiary of Safe Travel Care, Inc. (OTCBB:SFTV), announced today that it was awarded a grant from the Michigan 21st Century Jobs Fund and will receive $2,030,000 to be shared with its partners in the project, including: the US Military, Wayne State University and The NextEnergy Center. The grant will allow Titan Energy to test the ability of the Sentry 5000 mobile utility back up system to operate on multiple, alternative fuel sources which will potentially increase its application and marketability.
"This program will expand the readiness and desirability of our versatile emergency response system, the Sentry 5000, by extending its fuel sourcing from diesel to any likely available fuel option, including synfuels, bio diesel, and jet fuel," stated Thomas Black, President of Titan Energy Development, Inc. "This fuel flexibility will give first responders and Military personnel the ability to use several different fuels in an emergency when normal fuel distribution is disrupted or not available."
Michigan's Governor Jennifer Granholm, who visited Titan on September 13, created the Michigan 21st Century Jobs Fund in order to recognize some of the most promising and innovative job creating ideas Michigan has to offer. The original field of 505 proposals was narrowed to 179 finalists by an independent peer-review process conducted by the American Association for the Advancement of Science (AAAS). The 179 finalists recently underwent intense, individual interviews by AAAS experts who then made final recommendations.
Added Thomas Black, "We believe Titan has a world class product with the Sentry 5000. With this generous grant from the Michigan 21st Century Jobs Fund we hope to offer a Sentry 5000 with even greater capabilities and flexibility. Our goal is to have a system that will operate and perform maximally on multiple fuel sources."
More information on Titan Energy Development Inc. and the Sentry 5000 Mobile Utility System can be found at www.titanenergydevelopment.com. NextEnergy is a non-profit corporation founded to enable the commercialization of energy technologies that positively contribute to economic competitiveness, energy security and the environment. For more information, visit www.nextenergy.org.
Investors are cautioned that certain statements contained in this document as well as some statements in periodic press releases and some oral statements of SFTV 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 SFTV 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 SFTV has no specific intention to update these statements.
about NextEnergy and Techtown
http://www.techtownwsu.org
First, TechTown is a community of entrepreneurs, investors, mentors, service providers and corporate partners creating an internationally recognized entrepreneurial village in the city of Detroit. We provide the support and access to capital needed to build high tech companies. We empower entrepreneurs to build successful technology businesses that improve the quality of life for people across the country and around the world.
Second, TechTown is also a neighborhood encompassing 12 city blocks and acres. It is bounded on the north by the Grand Trunk railroad, on the south by I-94, on the west by the Lodge Freeway and on the east by Woodward Avenue. This community is an exciting place to live, work and play.
Third, TechTown is a 501(c)3 nonprofit organization founded by three strong strategic partners<../../../techtown/foundingpartners.asp>, governed by a dynamic board of directors <../../../techtown/board.asp> and managed by a dedicated team of professionals <../../../techtown/management.asp> .
TechTown is creating an entrepreneurial village with global impact. As an incubator, we provide the support and access to capital needed to build high tech companies. The TechTown organization also serves as a developer, facilitating commercial and residential projects.
Techtown grows and grows:
April 19, 2006 The Board of Directors of TechTown, Detroit’s only research and technology park, has selected four distinguished new members.
The Board of Directors of TechTown, Detroit’s only research and technology park, has selected four distinguished new members. Doug Rothwell, Kwame Kenyatta, Michael Klass and Mitchell Wonboy attend their first board meeting on April 20.
Klass and Wonboy are the first board members based outside Michigan. “The key is taking this organization to a national level,” says Richard Bernstein, a TechTown board member. “Our new members idealize the ingenuity found within TechTown. They are bringing in spirit, energy, enthusiasm and vitality, which is not only going to help transform TechTown, but the entire region.”
The new TechTown board members are:
Entrepreneur Michael Klass, co-founder of MD Synergy, a California-based healthcare information technology company that focuses on integrating providers and payers through the Internet. Klass is also an investment manager with Second Southern Corporation and Ginarra Partners in Los Angeles.
Mitchell Wonboy, executive director of Global Fixed Income Derivatives for Union Bank of Switzerland. He works out of the investment bank’s office in Stamford, Connecticut. Prior to that position, Wonboy was a vice president at JP Morgan Securities in New York.
Kwame Kenyatta, a Detroit City Council member elected in November 2005. From 2003 to 2005, he served as a Seventh District Wayne County Commissioner. He has also held the position of vice president of the Detroit Board of Education.
Doug Rothwell, president of Detroit Renaissance, a private, nonprofit organization promoting regional economic development led by local corporate executives. Previously, Rothwell served as executive director of Worldwide Real Estate for General Motors and president and CEO of the Michigan Economic Development Corporation.
“We are seeing increasing national interest in and support for TechTown’s job creation, industry diversification and neighborhood development efforts,” says TechTown Executive Director Howard Bell. “Our expanded board will undoubtedly spur tremendous momentum.”
On April 20, for the first time the Board of Directors will convene on TechOne’s fourth floor, the most recent renovation project in TechTown’s first incubator building. The Perinatology Research Branch, a division of the Maryland-based National Institute of Child Health and Human Development, will lease approximately 40 percent of the 20,000-square-foot floor.
TechTown empowers entrepreneurs to build successful technology businesses that improve the quality of life for people across the country and around the world. At TechTown, we provide the support and access to capital needed to build high tech companies in Detroit.
NextEnergy, the first orderer of the sentry5000 is located in Techtown
About NextEnergy:
HISTORY OF NEXTENERGY
NextEnergy is a nonprofit, 501(c) (3) organization, founded in 2002 and capitalized with a $30.0 million seed grant from the Michigan Economic Development Corporation. The Center's initial charge was to implement an economic development strategy for the State of Michigan to accelerate research, development and manufacturing of alternative energy technologies (AET) to advance the Alternative Energy Technology (AET) industry in Michigan.
The Center is located in a new facility which opened in May 2005 near Detroit's Wayne State University campus. NextEnergy is governed by a board of directors and operated by a small management and consulting staff to achieve the organization's mission.
PROGRAMS
The programs at NextEnergy are all designed to apply the knowledge about AET to practical, real life issues. They are all mission-driven. That is, they are directed at identifying and facilitating the commercialization of AET to positively contribute to economic competitiveness, energy security and the environment. NextEnergy has a state-of-the art, new facility that provides training rooms, an auditorium, space for exhibits and demonstrations and an 18,400 sq. ft. accelerator laboratory for AET -- all within Detroit's entrepreneurial TechTown. NextEnergy also offers a microgrid power pavilion that enables AET system integration and includes flexible test bays for application of on-site electrical power and thermal energy technologies. There is also an alternative fuel testing platform for advancing the development of hydrogen, natural gas, biological and synthetic fuels.
A targeted menu of business, community, consulting and economic programs are in place and achieving success. Current program areas include: business attraction and acceleration for AET-related companies, collaborative research and development, technical and program management support and initiatives for developing improved energy policies. SUCCESSES
Within its short history, NextEnergy's achievements include:
? Built and opened the NextEnergy Center near Wayne State University
? Built microgrid power pavilion & alternative fueling infrastructure
? Executed common agreement with Big 3 automotive companies
? Brought AET businesses to Michigan
? Acquired millions of dollars for AET research in Michigan
? Led development of a world-class curriculum to position Michigan's colleges as national AET education leaders
? Built strong relationships with industry, community, military and policy leaders that established NextEnergy's credibility as a national independent AET resource.
NextEnergy has proven that it can achieve funding goals, deliver value to stakeholders and expand the application of knowledge about AET, while staying within budget. It is an organization that works.
Alternative Fuel Infrastructure
The NextEnergy Alternative Fuel Infrastructure was partially funded by the U.S. Department of Energy to test and demonstrate emerging alternative fuel production and storage systems, including hydrogen, natural gas, bio/synthetic-fuel development platforms for vehicular and on-site power.
Multi-use hydrogen fueling system (vehicles, stationary power)
Renewable and synthetic fuel collaborative research program
On-site hydrogen generation test bed
NextEnergy has worldwide activities
TOMORROW’S ENERGY… TODAY! ATTRACTS WORLDWIDE INTEREST The alternative energy event, Tomorrow’s Energy… Today!, is attracting worldwide interest. Among the international early adopters of alternative energy presenting during the October 23 - 25 event are Professor Zongqiang Mao of Tsinghua University in Beijing, China, Ho Hiang Kwee, Associate Professor of Nanyang Technological University in Singapore, and Takehiko KATO, President of Interlink Corporation of Japan. They will join representatives of Motorola, the U.S. Army and John Deere to form this unique event.
And has strong Partners:
NextEnergy Center Opens New Era of Alternative Fuels R&D Detroit-based Alternative Fuels Accelerator R&D Center Opens The NextEnergy Center in TechTown-the Wayne State Research and Technology Park DETROIT, Sept 29, 2005 /PRNewswire via COMTEX/ -- In the center of Detroit's TechTown a transformation is taking place that will position both Detroit and Michigan at the focal point of the emerging alternative energy industry. Today, NextEnergy Center, Michigan's alternative energy accelerator, opened its doors and research facilities to usher in a new generation of energy R&D and commercialization. "It is with great excitement that we officially open NextEnergy Center today and power up a new era in alternative energy development and economic growth for Michigan and the nation," said James Croce, CEO of NextEnergy. "NextEnergy seeks to lead the nation in achieving economic security through energy diversity by bringing to commercialization a variety of alternative energy sources that, together, can make drastic reductions in our nation's dependence on fossil fuels, including imported petroleum." NextEnergy Center is a non-profit corporation founded to advance the Alternative Energy Technology (AET) industry in Michigan by promoting and funding R&D projects and technology commercialization. NextEnergy is intensely focused on promoting responsible growth of tomorrow's vital energy technology industry, while positioning Michigan as the nation's focal point for business investment in this rapidly expanding industry segment. In addition to the work NextEnergy is doing with hydrogen and distributed generation, Croce announced today the launch of a major initiative to advance the Biodiesel Value Chain. This multifaceted approach, incorporating three distinct, but tightly integrated programs, includes the following elements: -- The National Biofuels Energy Laboratory is a fuel-research component seeded by the U.S. Department of Energy whose research will focus on advancing a new set of specifications for biodiesel that is intended to encourage the auto industry to promote a clean, agriculturally-derived alternative to imported petroleum. -- DaimlerChrysler, with support by the U.S. Environmental Protection Agency, is committing currently unused land at a former Superfund environmental site to NextEnergy to grow energy crops to support the production of biodiesel. This research will develop a national model whereby the nation's brownfields can be reclaimed, which will reduce the economic strains on our nation's food supplies resulting from the expanded production of domestically derived bio-fuels. -- The establishment of a commercial biodiesel production facility to fuel Michigan's diesel fleets. Biodiesel Industries, the world's leader in biodiesel technology and development, is developing a state-of-the-art biodiesel production plant located just blocks away from NextEnergy Center. -- Partners in NextEnergy's Biodiesel Value Chain Initiative include DaimlerChrysler, Robert Bosch Corporation, Delphi Corporation, Biodiesel Industries, the U.S. Army Tank Command, Wayne State University, and the U.S. Department of Energy. While NextEnergy has recruited and aligned these partners for its Biodiesel Value Chain Initiative, it also has been very active in attracting companies to TechTown in Detroit to advance other alternative energy technologies. Other NextEnergy tenants in its research and development complex include: -- Alternative Power Supply, a renewable energy systems supplier in the areas of wind and solar power -- Biomass Energy Solutions, a developer of waste-to-energy technologies -- NanoScience Engineering Corporation, an innovator in nanomaterials -- Nextek Power Systems, the manufacturer of the Power Gateway, a patented "router for power" for DC networks -- REB Research & Consulting, a developer of hydrogen purifiers and membrane reactors for fuel cell systems -- Select Engineering Services, with their headquarters in Odgen, Utah and an office at the NextEnergy Center in Detroit, provides technology solutions to challenges in engineering, acquisition, logistics, maintenance/repair, and program management in Department of Defense and other government agencies. NextEnergy will work closely with SES on several programs, including the DOD Design Engineering Support Program (DESP-II) -- Southwest Research Institute, a major, nationally recognized, independent, non-profit organization (with 11 technical divisions) dedicated to applied research, development and technology transfer in the engineering and the physical sciences. Working with their lab here in Detroit, NextEnergy intends to focus our joint programs on alternative energy, alternative fuels and in the vehicles of the future -- Titan Energy Development, a developer of emergency vehicles supplying supplemental power, potable water, satellite communications, and clean air. NextEnergy Center is a 45,000 square-foot business and technology convergence facility outfitted to manage a full complement of alternative energy initiatives including R&D, commercialization, and educational programs. The Center houses an 18,400 square-foot accelerator laboratory with eight distinct R&D labs; an 80-seat auditorium; state-of-the-art training rooms; and demonstration and exhibit space. NextEnergy Center's Microgrid Power Pavilion enables system integration as well as testing and validation for use by technology system developers, integrators and technicians working in the accelerator labs or elsewhere. The Microgrid includes on-site electrical power generation and highly-specialized features including: -- Fuel cells, internal and external combustion engine generators, and renewable power systems -- Thermal recovery and distribution (hot and chilled water systems) -- Advanced communications and controls -- Multiple fuel sources (natural gas, hydrogen, biofuels and synthetic fuels) -- The Microgrid's modular design and construction provide for the cost- effective installation of new technologies as needed by researchers to test and prove their technologies. Additionally, NextEnergy's Alternative Fuel Testing Platform can be utilized by researchers for advancing the development and application of hydrogen, natural gas, bio fuels and synthetic fuels. Its features include: -- Test bays for validating and demonstrating emerging on-site hydrogen production systems in a real-world environment, from multiple feedstocks and end-use applications -- Full integration into the Microgrid Power Pavilion to provide a comprehensive "system of systems" approach for the advancement of alternative fuel and power generation technologies -- Separate fuel distribution and dispensing system for alternative-fueled vehicle applications. NextEnergy's holistic approach to developing Alternative Energy Technologies includes the development of academic programs to educate the new workforce. NextEnergy is working in partnership with several Michigan colleges and universities to develop educational curriculum at the certificate, undergraduate degree and graduate levels in AET. To date, NextEnergy has committed more than $1.3 million in grants to seven Michigan institutions for the development of AET degree and certificate programs. More than 1,800 students have enrolled in these programs since they were piloted in 2004. NextEnergy is a non-profit corporation founded to advance business and community development by promoting technologies that strengthen the nation's energy security and Michigan's economy. For more information, visit . SOURCE NextEnergy Patricia Radice, (W) +1-313-887-7224, (C) +1-248-321-4651, radice@airfoilpr.com or Kristen Stippich, (W) +1-313-887-7227, (C) +1-608-213-8324, stippich@airfoilpr.com both of Airfoil Public Relations for NextEnergy
September 19, 2006 - 8:11 AM EST
Michigan's Governor Granholm Visits Titan Energy Development to Congratulate Team on Receipt of Award from the Michigan 21st Century Jobs Fund Fuels
Titan Energy Development, Inc., a wholly owned subsidiary of Safe Travel Care, Inc. (OTCBB:SFTV), received a visit from Michigan Governor Jennifer Granholm on September 13, 2006. Gov. Granholm personally congratulated the collaborating team of Titan Energy Development, the US Military, Wayne State University and NextEnergy which was awarded a grant from the Michigan 21st Century Jobs Fund.
The $2 million dollar Michigan 21st Century Jobs grant was awarded for a project to adapt Titan's flagship product, the Sentry 5000 mobile generator, to run on a variety of synthetic fuels. The collaboration is a public-private partnership between WSU, Detroit-based Titan Energy Development Inc. and the US Army's National Automotive Center. During the visit, Titan Energy gave the Governor a personal tour of the Sentry 5000 and its capabilities.
"It was exiting to meet the Governor and give her close up look of the unit and highlight what markets it was designed to serve," said Thomas Black, President of Titan Energy. "Titan's currently focusing on several markets for the Sentry 5000 including homeland security, disaster relief, and first responders and the US Military. Our ability to provide units and service to the US military could be greatly enhanced as a result of the research supported by this grant."
This is Titan's second program that involves the Department of Defense, (DoD).Titan was also selected last year to participate in the Advanced Mobile Microgrid Power System, a DoD program to develop a deployable mobile power systems that can be delivered anywhere in the world in less than 48 hours.
More information on Titan Energy Development Inc. and the Sentry 5000 Mobile Utility System can be found at www.titanenergydevelopment.com. NextEnergy is a non-profit corporation founded to enable the commercialization of energy technologies that positively contribute to economic competitiveness, energy security and the environment. For more information, visit www.nextenergy.org.
Investors are cautioned that certain statements contained in this document as well as some statements in periodic press releases and some oral statements of SFTV 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 SFTV 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 SFTV has no specific intention to update these statements.
Safe Travel Care, Inc.
Jeff Flannery, 619-342-7449
Titan Energy Development, Inc., a Subsidiary of Safe Travel Care, Inc., Receives Order For Two Sentry 5000 Systems
Wednesday September 27, 9:00 am ET
SAN DIEGO--(BUSINESS WIRE)--Titan Energy Development, Inc., a wholly owned subsidiary of Safe Travel Care, Inc. (OTCBB:SFTV - News), announced today that it received a stock order from Brighton Diesel Diagnostics for two Sentry 5000 mobile utility systems. Brighton Diesel Diagnostics is the Michigan Distributor for Seagrave Fire Apparatus. The units will travel the county throughout the Seagraves dealer network. The primary use will be trade show and live demonstrations for interested customers.
"Our plan is to move these units around the United States for live demonstrations in order to highlight the product features and benefits in a way that can't be replicated with standard marketing materials," says Steven Fitzgerald, President of Brighton Diesel Diagnostics. "This is also our first step in building our inventory of Sentry 5000s. We would ideally like to have units ready for deployment in case of a natural disaster like Hurricane Katrina, or any other type of situation that may arise and leave large segments of the population without utility services."
Seagrave Fire Apparatus, LLC, one of the larger manufacturers of fire trucks, signed a distribution agreement with Titan earlier this year to market the Sentry 5000 through its distributor network. One of the first markets the new Sentry 5000s will be sent to will be the Northeast U.S. Seagrave has earned a long-term relationship with FDNY, New York Fire Department and has a large portion of its dealer network in the Eastern part of the United States.
"The fire truck industry is an industry that likes to see the product before purchasing," says Steve Hurt of Titan Energy Development, Inc. "With easy to use controls, customers will be able to start the unit and see how flexible the Sentry 5000 really is."
The Sentry 5000 will allow local communities to offer its citizens a layer of protection it currently may not have. The Sentry 5000 provides up to 80 hours of self-sufficient emergency power generation (dependent on load utilization) before refueling. It allows for mobile deployment and supports emergency power generation, water purification, satellite voice and data communication, emergency area lighting, space conditioning (heat or cooling), and offers 50kW+ additional power capacity. The Sentry 5000 retails for between $150,000 and $180,000.
More information on Seagrave Fire Apparatus, LLC can be found at www.seagrave.com. More information on Titan Energy Development Inc. and the Sentry 5000 Mobile Utility System can be found at www.titanenergy.com.
About Brighton Diesel Diagnostics: Brighton Diesel is a 20 year old Michigan-based company with two locations and serves as the master distributor for the Sentry 5000 throughout the Seagraves network of dealers.
Investors are cautioned that certain statements contained in this document, as well as some statements in periodic press releases and some oral statements of SFTV 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 SFTV 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 SFTV has no specific intention to update these statements.
Contact:
Safe Travel Care, Inc.
Jeff Flannery, 619-342-7449
Safe Travel Care Inc. Signs Distributorship and Service Agreement with Sri Lanka Company for Southeast Asia Region
Wednesday October 4, 6:00 am ET
SAN DIEGO--(BUSINESS WIRE)--Safe Travel Care, Inc. (OTCBB:SFTV - News) announced today that is has signed an agreement with TransMec Pte Ltd, a Sri Lanka company, to support sales and service of Titan Energy Development utility products in Southeast Asia. The agreement establishes TransMec as a registered dealer and service center for the Sentry 5000 in the region.
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TransMec is an established distributor of several generator systems and has a full service diesel and generator center in Colombo, Sri Lanka. TransMec is ideally situated geographically to support Titan's efforts to expand sales in the Southeast Asia region and offers a professional level of service for customers in countries such as Sri Lanka, India, Indonesia, Malaysia, Thailand and Australia.
"As we seek to expand our marketing efforts to this part of the world, it is critical that we have an established, professional support team in the area. TransMec provides us with that high level of support," said Thomas Black, President of Titan Energy. "Southeast Asia is a large potential market for us as countries in this region are regularly affected by storms and other natural disasters. We are looking at the local governments, police departments and relief agencies as our largest potential customers in the region."
More information on Titan Energy Development Inc. and the Sentry 5000 Mobile Utility System can be found at www.titanenergydevelopment.com. More information on TransMec can be found at www.trans-mec.com.
Investors are cautioned that certain statements contained in this document as well as some statements in periodic press releases and some oral statements of SFTV 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 SFTV 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 SFTV has no specific intention to update these statements.
Contact:
Safe Travel Care, Inc.
Jeff Flannery, 619-342-7449
Source: Safe Travel Care, Inc.
Here some information about the Distributorship and Service Agreement with Sri Lanka Company TransMec for Southeast Asia Region
http://www.trans-mec.com/index.asp
since 1995
has over 150 emploxees
Franchise with Renault VI France (Truck)
since that time TransMec is aktive in other sections, too.
Section “Power Generation”:
They are for example partner for products from SDMO ( www.SDMO.com), they have similar products (generators)
I will try to get some information from SDMO about their partnership with transmec and how expensive their products are.
TransMec i spart of the American Chamber of Commerce in Sri Lanka.
http://www.amcham.lk/site/html/memberList.asp?Filter=T
So You can see, that all these news are really good news and no fakes!
Titan Energy Development, Inc., a wholly owned subsidiary of Safe Travel Care, Inc. (OTCBB:SFTV), announced today that it will be attending the Power-Gen International show November 28-30th in Orlando, Florida. Powergen is the largest, most trusted name in power events; POWER-GEN International brings the sharpest minds in the industry together for three days of education, training, fast-track networking and new business negotiation.
"We are excited about the opportunity to attend the show and network with this community of companies. Titan is planning to host a hospitality event to entertain key distributors who we have been identified as desirable partners in the Southeastern United States," said Thomas Black, President of Titan Energy Development, Inc. "This is a key target market for Titan's Sentry 5000 due to the potential risk of Hurricanes. The Sentry 5000 offers local, State and Federal Government officials a perfect tool to assist in protecting the community and its citizens when disasters strike."
The Sentry 5000 provides up to 80 hours of self-sufficient emergency power generation (dependent on load utilization) before refueling. It allows for mobile deployment and supports emergency power generation, water purification, satellite voice and data communication, emergency area lighting, space conditioning (heat or cooling), and offers 50kW+ additional power capacity. The Sentry 5000 retails for between $150,000 and $180,000.
More information on Power-Gen International can be found at www.powergen.com. More information on Titan Energy Development Inc. and the Sentry 5000 Mobile Utility System can be found at www.titanenergy.com.
Investors are cautioned that certain statements contained in this document as well as some statements in periodic press releases and some oral statements of SFTV 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 SFTV 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 SFTV has no specific intention to update these statements.
Safe Travel Care, Inc.
Jeff Flannery, 619-342-7449
Source: Business Wire (October 19, 2006 - 9:24 AM EST)
News by QuoteMedia
• to change the Company’s name from SAFE TRAVEL CARE, INC. to Titan Energy Worldwide, Inc. and
• to effect a Fifty (50) for One (1) reverse stock split, whereby, as of the record date, each stockholder shall receive One share for every Fifty shares then owed.
1,900,000,000 shares of Common Stock authorized
213,998,552 shares of Common Stock are outstanding
