The Titan Corporation (NYSE: TTN – news) — innovator of the nation’s first electronic pasteurization system for food — today praised the U.S. Food and Drug Administration (FDA) for approving the removal of Salmonella in fresh eggs using ionizing energy.
“We have been testing SureBeam® electronic pasteurization technology for several years, and we know how remarkably effective the technology can be against Salmonella,” said Larry Oberkefell, President and CEO of Titan’s SureBeam Corporation. “This latest FDA approval recognizes not only the safety of our technology, but also the growing consumer demand that we ensure the safety of our nation’s food supply. Every year, Salmonella taints some three million fresh eggs.”
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Similar to a microwave oven, Titan’s SureBeam® system uses only commercial electricity as its energy source to destroy harmful food-borne bacteria such as E. coli, Listeria, Campylobacter, and Salmonella in meat, chicken, vegetables, eggs, and other foods. The SureBeam® system uses high-energy electrons from commercial electricity to pasteurize food. Unlike older irradiation technologies that require foods to be exposed to radioactive materials for extended time periods, Titan’s SureBeam® electronic pasteurization kills bacteria in seconds. Titan’s SureBeam Corporation is the only company to offer a complete, high-speed electronic pasteurization system for food processing. It is the only technology that affords manufacturers the option of in-line processing.
“In 48 states — and in some 1,000 supermarkets — our technology is already leading the fight against E. coli contamination in hamburger,” said Gene Ray, Titan’s Chairman, President and CEO. “The latest FDA approval underscores that we can make food safer and remove pathogen contamination — even inside an unbroken fresh egg.”
According to the Centers for Disease Control, 76 million Americans suffer illnesses from food-borne diseases leading to more than 5,000 deaths and 325,000 hospitalizations annually, most among children and the elderly. SureBeam’s technology is specifically designed to eliminate the threat of harmful food-borne bacteria in food.
Less than two weeks ago, SureBeam and Hawaii Pride LLC debuted the nation’s first SureBeam® disinfestation facility in Hilo, Hawaii — opening the door for nutritious, tree-ripened papaya and other exotic Hawaiian fruits to begin appearing in selected mainland supermarkets in August. For a half- century, Hawaiian farmers had been denied ready access to the U.S. mainland fruit markets because of a federal fruit fly quarantine. Before the advent of Titan’s SureBeam® technology, various other quarantine treatments — including the use of toxic chemicals, heat, or nuclear irradiation — were considered or tried. None proved to be fully acceptable since they adversely impacted the appearance and nutritional value of fruit or the environment.
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By GlobalDataHeadquartered in San Diego, California, The Titan Corporation is a leading-edge technology company that creates, builds and launches technology- based businesses, offering innovative technical solutions. 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 Company has 7,200 employees, annualized sales of approximately $900 million and total backlog in excess of $2 billion.
“Safe Harbor” Statement under the Private Securities Litigation Reform Act of 1995: The statements contained in this release which are not historical facts, including our outlook on the future performance of our core businesses and our growth strategies, are forward-looking statements that 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 Company’s entry into new commercial businesses, dependence on continued funding of U.S. Department of Defense programs, government contract procurement and termination risks, risks associated with acquiring other companies, including integration risks, and other risks described in the Company’s Securities and Exchange Commission filings.
Media Contact: Wil Williams, Vice President Corporate Communications (858) 552-9724 or wwilliams@titan.com.
Investor Contact: Rochelle Bold, Vice President Investor Relations (858) 552-9400 or invest@titan.com.
If you would like to receive press releases via electronic mail, please contact invest@titan.com.
Press Releases and other Titan information are available on The Titan Corporation’s World Wide Web site: http://www.titan.com.
