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ABOUT TITAN

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Board of Directors

Kenneth J. Gerbino, Chairman

Head of Kenneth J. Gerbino & Company, an investment management firm now in its 45th year. The company manages the Gerbino Gold Group, LLC as well as private equity accounts. Previously a Director of the Los Angeles Unified School District Annuity Reserve Board, Athena Gold Corporation, and Fortress Technologies, Inc. Former co-manager of the publicly traded mutual fund, The Growth & Income Fund, part of the Reserve Funds family of Funds. Founder and ex-Chairman of the American Economic Council, a nationwide economic reform group credited with the passage of the United States Gold Coin Act of 1984, establishing the U.S. Gold Eagle coin. AEC seminars included participation by Alan Greenspan, Noble Laureate F. A. Hayek and Robert Bleiberg, Editor-in-Chief of Barrons. Former member of the Senatorial Trust in Washington, D.C. Former financial analyst for Litton Industries and Republic Corporation. B.S. Ithaca College. MBA from Syracuse University.

Michael T. Carroll, Director

Mr. Carroll has most recently served as Vice President of Technology for LOSL (now merged with Titan) and Senior Vice President Operations for Biofriendly Corporation. He also serves as CEO and Chairman of the Board of Helio Environmental Solutions, an alternative energy company bringing zero-emission energy to market. He previously served as Vice President Sales and Marketing for Biofriendly Corporation and was a Senior Project Engineer for Peck/Jones Construction. Mr. Carroll holds a Bachelor of Science in Construction Management from California Polytechnic, San Luis Obispo.

Robert W. Carroll, Director

Chairman and CEO of the Biofriendly/Green Plus group. Active inventor, co-inventor of Green Plus® combustion catalyst along with William F. Carroll, Noel Carroll and Michael T. Carroll. Co-inventor of the original Vortoil oil-water separator system and other environmental products. Co-founder of BWN Automatic Doors, BWN Vortoil and Live Oil Services, all originally Australian based.

The Vortoil oil-water separator won the Prince of Wales Award in the 1980’s for being an innovative product, and then later in the mid 1990’s won the Queen’s Award for being the best new technology introduced to the North Sea that enabled the oil companies to protect the ecosystem while easily handling their produced water and increasing their oil production. It was stated that without the Vortoil oil-water separator the North Sea would not have been able to enjoy its high level production.

Mr. Carroll managed a family owned industrial paint company in 1966. During that time the revenues grew by almost 50% and the family received and accepted an attractive offer to sell the business to Australia’s largest household paint manufacturer. In this company both, Robert, William and Noel were trained in all facets of business. They were also trained in industrial chemistry under Hilton Stevens who at the time was the professor of organic chemistry at the Melbourne University.

Brian W. G. Marcotte, Director

Brian Marcotte has over 40 years of experience in the oil and gas industry ranging from technical positions to executive management. During his career with Unocal Corporation, he held the positions of: President Unocal Thailand, President Unocal Indonesia, President Unocal Netherlands, Corporate Vice President Public Policy, Health Environment and Safety, Vice President Unocal US Western Region, Vice President of Technology and Asset Management. He recently served as Chairman of the Unocal Foundation.

Mr. Marcotte has also served as President of the Board for the Indonesian Petroleum Association, Vice Chairman of the Petroleum Institute of Thailand’s Council of Trustees, member of the Thailand Development Research Institute, the Sasin Graduate School of Chulalongkorn University Advisory Council and he served as a board member of the Kenan Institute Asia. He was a member of the Board for the American Indonesian Exchange Foundation (Fulbright Scholarship Foundation) and received the American Community Council Award for Community Service in The Netherlands. He has served on the board of San Joaquin Community Hospital in Bakersfield California and was recently honored (2005) as a Distinguished Member of the Society of Petroleum Engineers. Based on his involvement in global conservation issues, Mr. Marcotte was the chair of the International Leadership Council of The Nature Conservancy, one of the world’s largest environmental conservation groups.

John Sibert, III, Director

Dr. Sibert is a member of the Malibu California City Council and serves as Mayor Pro Tem. He is former Managing Director of Global Financial Group, ex-Manager of Research and Development for Atlantic Richfield. Division Administrator of the California Institute of Technology, Trustee of Claremont Graduate University, Consultant to NASA and Jet Propulsion Lab., Board of Governors of the National Coastal Resources Institute, Advisory Board of the Oceans and Atmosphere Association. Ex-Executive Director of the Alaska Science and Technology Foundation. Ph.D. University of California, San Diego.



Management Team

Kenneth J. Gerbino, Interim CEO

Mr. Gerbino is the founder of Titan and is currently acting as a consultant to the company and serves as a non-employee Chairman of the Titan Board of Directors and interim CEO. As Chairman, he is actively involved in almost all aspects of the Company’s activities on a daily basis.

Mr. Gerbino is the head of Kenneth J Gerbino& Company, an investment management firm now in its 45 th year. The company manages the Gerbino Gold Group, LLC a mining hedge fund as well as private equity accounts. Mr. Gerbino previously was a Director of the Los Angeles Unified School District Annuity Reserve Board, Athena Gold Corporation, and Fortress Technologies, Inc. Mr. Gerbino was a former co-manager of the publicly traded mutual fund, The Growth & Income Fund, part of the Reserve Funds family of Funds. Mr. Gerbino was the Founder and ex¬-Chairman of the American Economic Council, a nationwide economic reform group credited with the passage of the United States Gold Coin Act of 1984, establishing the U.S. Gold Eagle coin. AEC seminars included participation by Alan Greenspan, Noble Laureate F. A. Hayek and Robert Bleiberg, Editor-in-Chief of Barrons. Mr. Gerbino is a former member of the Senatorial Trust in Washington, D.C. Mr. Gerbino is a former financial analyst for Litton Industries and Republic Corporation. Mr. Gerbino holds a Bachelor of Science from Ithaca College and a Master of Business Administration from Syracuse University.

Dr. Colin Hill, Vice President and Senior Scientist

Dr. Hill is an internationally acknowledged expert in Radiation Biology. He serves as an associate professor of Radiation Oncology and Molecular Immunology and Microbiology, and Head of Experimental Radiotherapy, USC Keck School of Medicine in Los Angeles. He has also served as a visiting associate professor of Human Oncology, University of Wisconsin and Radiological Sciences, Colorado State University. Dr. Hill also serves as Chief Consultant Scientist for Biofriendly Corporation and Live Oil Services, Limited. He is a consultant scientist for Stayhealthy Inc. He serves on the editorial boards of numerous international journals and scientific publications and has received numerous honors and awards and has been and invited speaker and lecturer at universities and conferences in the U.S., Canada, Japan, Scotland, The Netherlands, Germany and other venues. Dr. Hill holds a Doctor of Philosophy in Biochemistry/Radiation Biology from Brunel University, London and European Center for Nuclear Research, a Bachelor of Science from Brunel University, and a Higher National Diploma in Applied Biology and Microbiology from Northeast London Polytechnic. He was elected as Fellow to the Royal Chartered Institute of Biology, London.

Steven Ramones, Controller

Mr. Ramones has a 30 year career in the oil and gas industry – accounting & planning. Positions at Unocal included management responsibilities for implementing accounting policies and procedures for Unocal’s U.S. and international business units. This included financial reporting of environmental liabilities, audits and information systems and Company-wide financial and income tax forecasts.

Mr. Ramones has a B.S. Accounting California State University, Long Beach and MBA, UCLA



Advisory Board

Dr. Alan J. Heeger

The recipient of the Nobel Prize in Chemistry 2000 for his research and discoveries in the field of conductive polymers, Dr. Heeger brings a successful academia, technical, and business background to Titan’s Advisory Board. He is currently Professor of Physics and Professor of Materials at the University of California, Santa Barbara.

Dr. Heeger has 60 issued patents and has written over 600 professional articles that have been published in leading scientific publications. He was Founder, Chairman, and President of UNIAX Corporation where his proprietary conductive polymer technology was successfully commercialized. Dr. Heeger has been the recipient of many prestigious Honorary Degrees at leading domestic and international colleges and universities.

Gareth Chang

Mr. Chang has served on the Board of Directors of Apple Computer, Palm, Inc, and Agile Software, and has been a member of Nike's Advisory Board. He brings more than 30 years of international hands-on business experience to Titan’s Advisory Board with a special emphasis on China. Some of Mr. Chang’s prior business accomplishments include: Former Chairman and CEO of News Corporation’s’ STAR TV, Senior Vice President of Hughes Electronics Corporation, President of Hughes Electronics International, Chairman of Hughes JVC Technology, Corporate Vice President of McDonnell Douglas Corporation, and founding Chairman of McDonnell-Shanghai Aviation Executive Management Board.

Mr. Chang has a visiting professorship at Tsinghua University, Beijing University of Aerospace and Aeronautics as well as Portland State University. He is currently the Managing Director of GC3 and Associates International; the Chairman of D5 Studio, Click2Asia, and Alpha Media Ventures dedicated to the Asian culture; and is a member of Council on Foreign Relations. He has been recognized with some special awards during his business career, including: “One of the 125 Thinkers of the World” by Forbes, International Citizen of the Year” by the State of California, and “Outstanding Personality” by the Chinese Americans.