Under the terms of the agreement, SureBeam Corporation will be the sole provider of electronic pasteurization services. For over eighty-three years, Omaha Steaks has been known for providing the ultimate in quality to its customers. Our name is a guarantee of premium quality beef. Omaha Steaks, one of the best-known brands of beef in America, are available through select foodservice distributors worldwide, as well as directly to consumers through mail order, the Internet, and 65 Omaha Steaks retail stores. Omaha Steaks is a privately held company with 2,000 employees headquartered in Omaha, Nebraska, where it was founded in 1917.
Titan markets the leading technology for the electronic pasteurization of food products.
The company's three other core businesses develop and deploy communications and information technology solutions and services. The statements contained in this release, which are not historical facts, are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Examples of such forward-looking statements include SureBeam becoming the nation's premier company in electronic pasteurization. These statements are subject to risks and uncertainties that could cause actual results to differ materially from those set forth in or implied by forward-looking statements. These risks and uncertainties include the risks associated with the Company's entry into new commercial businesses and new markets such as the food pasteurization market that require the company to develop demand for its product, its ability to access the capital markets, the risks of doing business in developing countries and international markets including foreign currency risks, and other risks described in the Company's Securities and Exchange Commission filings.