The Titan Corporation (NYSE: TTN) announced today that Schwan’s — the nation’s leading distributor of premium frozen foods via home delivery — has debuted a new ground beef product line that uses Titan’s revolutionary SureBeam® technology to eliminate the threat of harmful food-borne bacteria. Introduced in May, the Schwan’s SureBeam-processed ground beef products are now available in 48 states.
“Schwan’s always endeavors to take the lead in providing its customers with the highest quality and most wholesome foods available. Throughout our nation’s history, there have been remarkable advances in food safety — such as the advent of pasteurized milk. Schwan’s has embraced Titan’s patented SureBeam® system because it is a value-added advance that unquestionably serves the best interests of our customers and their families,” said Michael Ziebell, vice president and general manager of Schwan’s Home Service, based in Marshall, Minn.
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Just as a microwave oven uses ordinary electricity to irradiate food, causing it to cook, Titan’s SureBeam® electronic pasteurization system uses ordinary electricity as its energy source to instantly eliminate any threat of harmful bacteria in food, enhancing its quality without changing its taste or texture. With this innovative technology, Schwan’s has restructured its ground beef line to include a variety of “thaw and cook” beef burgers and ground chuck. Since these four new products were introduced nationwide, sales within the Schwan’s ground beef product line have increased “more than 20 percent,” according to Ziebell.
“Our increased sales clearly reflect the satisfaction and peace of mind our customers have with this new product line,” said Ziebell. “We have worked diligently to make sure every one of our customers knows and understands the significance of this new technology and why it was important to them and their families. This strong consumer response clearly mirrors their delight and that understanding.”
“This healthy consumer response is just the beginning,” said Larry A. Oberkfell, SureBeam’s President and CEO. “Consumers everywhere want and are demanding the best, highest quality food they can buy for their families. They want to know in advance that the product they are buying is free from the threat of harmful bacteria. They want the same assurance with ground beef that they have enjoyed with pasteurized milk over the last century.”
Established Schwan’s customers can place orders via the Internet at www.schwans.com. People interested in the Schwan’s® fine frozen foods for home delivery can contact the company at 1-888-SCHWANS to make arrangement for the service.
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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 7,600 employees, annualized sales of approximately $900 million and total backlog in excess of $2 billion.
Schwan’s, started in 1952 by the late Marvin Schwan, is known for its signature home delivery of fine frozen foods in 48 states. It also markets popular retail brands — including Tony’s® pizza, Red Baron® pizza and enrobed sandwiches, and Freschetta® pizza — and operates a foodservice division. The corporation, based in Marshall, Minn., includes a leasing capital and financial services division, technology-integration businesses, a franchised food enterprise and a European subsidiary.
“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.
