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TEWI News Titan Energy Worldwide Expands Servic

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Post# of 145151
Posted On: 08/06/2012 9:45:43 AM
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Posted By: lucyinthesky

TEWI News



Titan Energy Worldwide Expands Service Departments in Minneapolis and Miami



2012-08-06 09:43 ET - News Release


 



New Hires Support the Company's 50% Year Over Year Growth in Service Revenues



 


 


 


 


 


MINNEAPOLIS , Aug. 6, 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 is expanding its rapidly growing service program through the hiring of new sales and administration personnel. Four new sales and support professionals will work in the Minneapolis office while the Company's Miami office will add a new service sales manager. These hires will support the service division's growth, the Company's new service offerings and its overall customer service capabilities.


Much of the recent growth in service revenues is due to a broad expansion of the Company's national accounts service business with major retail operators across the United States. National accounts revenues have grown from less than $50,000 a month at the beginning of 2012 to more than $270,000 a month in July.


Stated Jeffrey Flannery , Chief Executive Officer of Titan Energy Worldwide, Inc., "Recent events from storms to heat waves have dramatically demonstrated the importance of reliable onsite back up power at all levels of our economy. The need for a reliable service program to ensure these vital power systems work properly when needed is critical. Titan Energy is dedicated to providing the technology, expertise and rapid customer service that will help companies deal more effectively with power failures and natural disasters.





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