EDMONTON, Alberta, January 17, 2007 - Titan Logix Corp. (TSX Venture: TLA), announced today that it has sent a notice of redemption to the holders of its $200,000 outstanding principal amount of 10% convertible debentures due April 21, 2009. The redemption date is February 16, 2007 at which time the principal owing under the debenture and the interest accrued to the redemption date will become due and payable.

The debentures may be converted by the holders at any time before close of business on February 15, 2007, and are convertible to common shares at a rate of $0.066, equating to 15,151.5 shares of the Company’s common stock per $1,000 principal amount of debenture. In the event all of the debenture holders elect to convert their debentures the Company will issue an additional 3,030,300 shares.

This news release does not constitute a notice of redemption of the convertible debentures. The redemption is made solely pursuant to the Company’s redemption notice dated January 17, 2007 and delivered to the debenture holders.

Titan Logix Corp. also reports that on January 16, 2007 it paid its outstanding loan and accrued interest totaling $194,987 due to Agricultural Financial Services Corporation (AFSC). The Company’s strengthened cash position is a result of its strong sales for the past eight quarters and the proceeds from its short form offering. This has enabled the Company to eliminate its long term debt.

About Titan Logix Corp.:

Titan Logix Corp. is an advanced technology industrial instrumentation and controls company focused on the design, manufacturing, distribution, product support and servicing of its instrumentation and automation technologies primarily for the oil and gas, chemical and transportation industries. The Company’s mission is to be the North American market share leader in mobile tank level measurement and control while maintaining its market interests in burner management and level gauging.

Titan Logix Corp.’s range of products includes:

  • Guided wave radar liquid gauging and control systems for mobile tankers
  • Electronic burner control systems for atmospheric industrial heaters;
  • Mechanical and electronic liquid level gauging systems for storage tanks and process vessels
  • Communication and control systems enabling remote telemetry management of site processes
  • Mud level monitoring for oil and gas drilling well control

For further information, please contact:

Les J. Evans, President& Chief Executive Officer
Ph: 780 462-4085 (Edmonton)
Email: invest@titanlogix.com
Website: www.titanlogix.com

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.

Certain information contained in this news release is forward-looking and is subject to unknown risks and uncertainties. The actual results, performance or achievements of the Company may differ materially from the results, performance or achievements of the Company expressed or implied by such forward-looking statements.

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