TITAN OUTDOOR HOLDINGS ACQUIRES PNE MEDIA'S NEW YORK ASSETS
NEW YORK, N.Y. (1/22/2003) -- Titan Outdoor Holdings LLC, a leading provider of outdoor advertising, announced today that it has acquired PNE Media's New York outdoor advertising assets. The transaction, effective January 13th, 2003, will add a significant number of billboard faces throughout the City of New York, as well as 30 sheet posters in Staten Island to Titan's existing billboard plant. "We are very excited with the acquisition of PNE's New York assets, as they complement and enhance our existing outdoor properties in the largest media market in the world. This acquisition demonstrates Titan's commitment to expand our organization and highlights our continued confidence in the outdoor business," said Donald R. Allman, Titan's Chief Executive Officer. The addition of these new assets, coupled with Titan's existing telephone kiosks, banners and traditional outdoor signage products will enhance Titan's ability to service its clients by providing a complete package of visibility.
About Titan Outdoor Holdings LLC Titan Outdoor Holdings is a rapidly growing provider of outdoor advertising in the United States. Based in New York City, Titan Outdoor Holdings is comprised of Titan Outdoor, New York City Telecommunications Company and Outdoor Media Group.
Titan Outdoor LLC Titan Outdoor has over 1,000 advertising panels on telephone kiosks in Manhattan, Brooklyn, the Bronx, and Queens. It also offers advertising on bulletins, walls and construction wraps throughout the metropolitan area. In addition, Titan Outdoor is the premier street banner advertising company in the United States. Holding exclusive agreements with New York City, San Francisco, Los Angeles and Philadelphia, Titan Outdoor installs double-sided vertical banners affixed to light poles on city sidewalks and streets.
For more information please visit the Titan Worldwide home page at : www.titanoutdoor.com