IVI Communications and Titan Global Announce Agreement with YA Global

IVI Communications, Inc. (OTCBB:IVII) and Titan Global Holdings, Inc. (Pink Sheets:TTGL), a diversified holding company, announced today that they completed an agreement ("Agreement”) with YA Global Investments, LP ("YA”).

The Agreement sets forth a timeline and milestones that allows IVII or Titan to pay off YA’s existing IVII debentures at a discounted rate, without payment of any penalties or other charges. IVII and Titan have until December 20, 2008 to retire the then outstanding principal and interest of YA convertible debentures CCP-1 dated March 27, 2006 and Debenture CCP-2 dated April 17, 2006 by the payment of 97.5% of the face amount due, provided IVII completes a merger or acquisition.

In addition to an 8k detailing the transaction being filed with the SEC, IVII is required to grant YA 2.5% of the outstanding shares of the merged or reorganized entity, based on the shares outstanding as of the effective date of such an event.

In June, 2008, IVII announced that Titan acquired all of its outstanding Series A and B Preferred stock from the former holders. The preferred stock includes the right to vote a majority of IVI's shares for any action to be taken by shareholders. Members of Titan management were appointed to IVII's Board, including David Marks, Titan's Chairman, and Bryan Chance, Titan's President and Chief Executive Officer. Kurt Jensen was appointed as President of IVII. As well, Mr. Jensen serves as President and Chief Executive Officer of Titan's Communications Division.

Last month IVII completed a 400 for 1 reverse stock split.

"We are pleased to come to this agreement with YA Global," said Kurt Jensen, President of IVI Communications. "With this agreement in place, we will focus our energy on completing a strategic combination in a complimentary communications business that will benefit both IVI and Titan’s shareholders."

About IVI Communications, Inc.

IVII's historical objective was to be an ex-urban provider of highly focused broadband services for businesses, schools, libraries and residential consumers. Its products included high-speed broadband access that is comparable to DSL and cable-based broadband products and offerings that scale from 128 kbps (residential opportunities) to 155 Mbps (OC3 equivalent) for customers with very large bandwidth needs. In addition to providing high-speed access, it offered a complete suite of telecom products as a full service Internet Service Provider (ISP), and provided toll grade (where applicable) voice over Internet protocol ("VoIP"), and local and long distance services.

About Titan Global Holdings, Inc.

Titan Global Holdings is a diversified holding company with a dynamic portfolio of subsidiaries spanning consumer products, international telecommunications, and energy resources and distribution.

Titan's primary operating divisions include the following:

Titan's Communications Division addresses a range of high-growth markets in international telecommunications, wireless and mobile segments. These units are focused on prepaid international telecommunication products.

Titan’s Global Energy Division aggregates traditional and next-generation energy and fuel distribution assets that can provide significant opportunities for growth in one of the world's largest and most critical markets.

For more information, please visit our website: www.titanglobalholdings.com.

For investor-specific information and resources, visit http://www.b2i.us/irpass.asp?BzID=1314&to=ea&s=0.

Forward-Looking Statements

Safe Harbor Statement Under the Private Securities Litigation Reform Act of 1995 -- With the exception of historical information, the matters discussed in this press release are forward-looking statements that involve a number of risks and uncertainties. The actual future results of TTGL could differ significantly from those statements. Factors that could cause actual results to differ materially include risks and uncertainties such as the inability to finance the company's operations or expansion, inability to hire and retain qualified personnel, changes in the general economic climate, including rising interest rates and unanticipated events such as terrorist activities. In some cases, you can identify forward-looking statements by terminology such as "may," "will," "should," "expect," "plan," "anticipate," "believe," "estimate," "predict," "potential" or "continue," the negative of such terms, or other comparable terminology. These statements are only predictions. Although we believe that the expectations reflected in the forward-looking statements are reasonable, such statements should not be regarded as a representation by the Company, or any other person, that such forward-looking statements will be achieved. We undertake no duty to update any of the forward-looking statements, whether as a result of new information, future events or otherwise. In light of the foregoing, readers are cautioned not to place undue reliance on such forward-looking statements. For further risk factors see the risk factors associated with our Company, review our SEC filings.