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St. John’s, Newfoundland and Labrador – February 26, 2026 – TheNewswire - Titan Technology Corp. (the “Company” or “Titan”) (CSE: TTC), a company that rents GPU computing power to third-party end-users via a cloud-based GPU hosting platform, announces the resignation of Dean Fraser as Chief Executive Officer and director of Titan Technology Corp., effective February 25, 2025.
The Board would like to thank Mr. Fraser for his service and contributions to the Company. Under his guidance, the Company was able to complete its listing on the Canadian Securities Exchange, helping to position the Company for future growth and success. The Company wishes Mr. Fraser continued success with his future endeavours.
With the resignation of Mr. Fraser, Mr. Simon Cheng, the Company’s current Chief Technology Officer, and board member, has been appointed as Chief Executive Officer of the Company. With over 10 years of experience in innovation and success in the technology and finance sector, Mr. Cheng brings a specific focus to program development, with an emphasis on capital finance, business agreement negotiations, and corporate development. He previously held positions with professional investment firms, providing advisory services to high-net-worth individuals and institutional investors.
“I am honoured to assume the role of CEO at this important time for the Company,” stated Mr. Cheng. “As the demand for GPU computing continues to accelerate, I look forward to advancing the development and growth of Titan to meet this market need.”
About Titan Technology Corp.
Titan provides on-demand access to high-performance computing infrastructure. The Company’s principal business is a Hardware-as-a-Service model whereby the computing power of its specialized GPU workstations are leased to end users via a third-party cloud GPU hosting platform. From time to time, Titan may also evaluate and acquire or develop other complimentary businesses, assets or technology.
For more information about the Company, please visit www.TitanTechnologyCorp.com.
On behalf of the Board of Directors,
Titan Technology Corp.
Simon Cheng, Chief Executive Officer and Director
Email: info@titantechnologycorp.com
The CSE has neither approved nor disapproved the contents of this news release. Neither the CSE nor its Market Regulator (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release.
CAUTIONARY STATEMENT REGARDING “FORWARD-LOOKING” INFORMATION
This news release may contain certain forward-looking statements within the meaning of such statements under applicable securities law. Specific forward-looking statements in this release include, but are not limited to, the anticipated benefits of the management changes; the future to development and growth of Titan to meet the market need for GPU-compute; and the Company’s intention to evaluate, acquire, or develop complimentary businesses, assets or technology. Forward-looking statements are frequently characterized by words such as “anticipates”, “plan”, “continue”, “expect”, “project”, “intend”, “believe”, “anticipate”, “estimate”, “may”, “will”, “potential”, “proposed”, “positioned” and other similar words, or statements that certain events or conditions “may” or “will” occur. The Company has provided the forward-looking statements in reliance on assumptions that it believes are reasonable at this time. Such assumptions include: the Company’s ability to successfully execute its business plan and growth strategy; fluctuations in general macroeconomic conditions; the continued performance of the cloud-based GPU hosting market; and the Company’s ability to identify and potentially acquire and integrate complimentary businesses or assets. All such forward-looking statements involve substantial known and unknown risks and uncertainties (including those risk factors identified in the Company’s prospectus dated January 19, 2026), certain of which are beyond the Company’s control. The reader is cautioned that the assumptions used in the preparation of the forward-looking statements may prove to be incorrect and the actual results, performance or achievements could differ materially from those expressed in, or implied by, these forward-looking statements.
Accordingly, no assurances can be given that any of the events anticipated by the forward-looking statements will transpire or occur, or if any of them do, what benefits, including the amount of proceeds, the Company will derive therefrom. Readers are cautioned that the foregoing list of factors is not exhaustive. The Company is under no obligation, and expressly disclaims any intention or obligation, to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by applicable law.
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