6 March 2006
Letter to Shareholders: Titan Energy Development, Inc.
A few days ago we announced plans to acquire Titan Energy Development. Besides my belief that
Titan is a solid company with great promise, this acquisition, I believe, will make us a stronger, more
competitive company worldwide. We have learned very quickly working in the field that critical
systems depend on each other to operate properly and efficiently. For example, without power many
communications systems cannot function. Without adequate communications, a building project
may falter.
The ability to solve multiple problems in an area that has been challenged by disaster is critical to our
goal to work efficiently and effectively. Titan’s Sentry 5000 is the most compact, complete and fully
functional utility system we have come across. The Sentry 5000 would allow Axia to provide an
efficient power, water and communications solution alongside our building technologies.
Titan would solve a very important problem for Axia and our partners, and would make us a stronger,
better able to work effectively and profitably in almost any environment. This acquisition would also
bring highly skilled professionals in power and distributed energy onto our team. These professionals
would make Axia stronger yet by allowing us to offer our customers engineering and consulting
services for power generation and alternative energy resources. To learn more about Titan, please
visit their web site
www.titanenergydevelopment.com. To briefly comment on other developments, the recent elections in Sri Lanka have slowed our efforts
to follow up on meetings we had there last fall. There are new people in the various ministries, new
lines of communication and so our itinerary is still being created. Fortunately, our partners in Sri
Lanka are the same, and they are hard at work coordinating this trip for us.
As a side note, you might find it interesting to visit the web site of our Sri Lankan partner’s automobile
manufacturing plant,
www.microcars.lk. This has no direct relation to our building projects, but shows
you the professionalism and spirit that I believe our partners bring to this exciting joint venture with
Axia.
One last note -- our auditors are working diligently to complete our filings. I will keep you informed.
Jeffrey Flannery
CEO, Axia Group, Inc.
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