Titan Logix Corp. Appoints New CFO

Edmonton, Alberta--(Newsfile Corp. - August 10, 2023) - Titan Logix Corp., (TSXV: TLA) ("Titan" or the "Company"), a technology company specializing in mobile liquid measurement solutions, announces the appointment of Michael Martin as Chief Financial Officer effective September 1, 2023. Michael succeeds Angela Schultz who notified the Company earlier in the year of her intention to retire and pursue personal interests.

"We are very pleased to welcome Michael to Titan Logix. He is a well-rounded professional with extensive experience in finance and accounting, and I am confident that his expertise will be an asset to the team," said Nick Forbes, CEO at Titan.

Michael Martin has over 15 years' experience in senior financial roles, including both private and publicly traded companies across the technology, manufacturing and financial services sectors. Michael joins Titan Logix from Dynamic Technologies Group Inc. where he served as the company's CFO, responsible for external public company financial reporting, treasury management and financial oversight.

"Angela has been an important part of the leadership at Titan for almost two decades. On behalf of the Company and our Board, we thank Angela for her contribution, and wish her well in her future endeavours," added Mr. Forbes.

About Titan Logix Corp.:

For over 25 years, Titan Logix Corp. has designed and manufactured mobile liquid measurement solutions to help businesses reduce risk and maximize efficiencies in bulk liquids transportation. Titan's TD Series of tank level monitors are a market leader in mobile fluid measurement, and are known for their high level of accuracy, rugged design, and solid-state reliability. Our solutions are designed for hazardous and non-hazardous applications, and we serve customers in a wide range of applications including petroleum, environmental solutions, chemical, and agriculture.

Founded in 1979, Titan Logix Corp. is a public company listed on the TSX Venture Exchange and its shares trade under the symbol TLA.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Information in this press release that is not current or historical factual information may constitute forward-looking information within the meaning of securities laws. Implicit in this information are assumptions regarding our future operational results. These assumptions, although considered reasonable by the company at the time of preparation, may prove to be incorrect. Readers are cautioned that actual performance of the company is subject to a number of risks and uncertainties and could differ materially from what is currently expected as set out above. For more exhaustive information on these risks and uncertainties you should refer to our Management Discussion and Analysis in respect of the year ended August 31, 2022 which is available at www.sedar.com. In addition, the occurrence of pandemics, in any of the areas in which the Company, its customers or its suppliers operate could cause interruptions in the Company's operations. In addition, pandemics, natural disasters or other unanticipated events could negatively impact the demand for, and price of, oil and natural gas which in turn could have a material adverse effect on the Company's business, financial condition, results of operations and cash flows. Forward-looking information contained in this press release is based on our current estimates, expectations and projections, which we believe are reasonable as of the current date. You should not place undue importance on forward-looking information and should not rely upon this information as of any other date. While we may elect to, we are under no obligation and do not undertake to update this information at any particular time, whether as a result of new information, future events or otherwise, except as required by applicable securities law.

Contact Information:

Nick Forbes
Chief Executive Officer
Ph: (403) 561-8095
Email: invest@titanlogix.com
www.titanlogix.com
TSX Venture, TLA

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/176817