October 08, 2012 at 05:00 AM EDT
FTTN Appoints New Chief Operating Officer

First Titan Corp. (OTCBB: FTTN) announced today that the company has appointed veteran energy consultant Harvey S. Bryant as its new chief operating officer.

Bryant brings nearly four decades of energy industry experience to First Titan. For more than a decade, he handled oil and gas investments for the Oklahoma-based investment banking firm Anderson, Bryant and Company and helped found the National Investment Banking Association (NIBA).

Today, Bryant continues to consult and serve on the board of several oil and gas companies across the U.S.

“We’re thrilled to have Harvey Bryant joint the First Titan team because he’s got the experience we need to continue rising in this industry,” said FTTN CEO Robert Federowicz. “We’ll be counting on his expertise and industry contacts to lead us to promising new opportunities in the domestic energy business.”

Late last month, First Titan celebrated the completion of its first producing oil and gas well in Alabama’s Little Cedar Creek Field. Located in Conecuh County, Ala., it is one of several new wells in which First Titan owns a working interest. Current reserve estimates range from 400,000 to 800,000 barrels of oil.

First Titan is aggressively pursuing more exciting new opportunities in oil and gas production in and around the Gulf Coast.

For more information on First Titan’s oil and gas projects, please visit www.firsttitanenergy.com/investors.

First Titan is working to develop new energy solutions to compete in a booming global industry alongside Chesapeake Energy Corp. (NYSE: CHK), Anadarko Petroleum Corp. (NYSE: APC), SandRidge Energy Inc. (NYSE: SD) and Apache Corp. (NYSE: APA).

About First Titan Corp.

First Titan Corp., through its wholly owned subsidiary, First Titan Energy, LLC, is committed to the exploration and development of oil and natural gas resources around the globe. The company continually seeks to partner with energy developers that are pursuing innovative new methods of oil and gas extraction, including the development of new technologies, cleaner methods and unconventional resources.

For more information about First Titan Energy, please visit www.firsttitanenergy.com. Follow us on Twitter at www.twitter.com/firsttitancorp.

Notice Regarding Forward-Looking Statements

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: This news release contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, including statements that include the words “believes,” “expects,” “anticipate” or similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the company to differ materially from those expressed or implied by such forward-looking statements. In addition, description of anyone’s past success, either financial or strategic, is no guarantee of future success. This news release speaks as of the date first set forth above and the company assumes no responsibility to update the information included herein for events occurring after the date hereof.

Contacts:

First Titan Corporation
Robert Federowicz, 941-753-4889
President and CEO
info@firsttitancorp.com
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