Since its founding in 1996, GlobalNet has focused on providing international voice, data, and Internet services to US and foreign based communications service providers operating in capacity constrained telecommunications corridors in Latin America. More than 15 countries are currently being served by GlobalNet's state-of-the-art Internet Protocol (IP) network that uses packet-switched technology to utilize bandwidth capacity more efficiently than circuit-switched carriers.

About Titan
Headquartered in San Diego, The Titan Corporation creates, builds and launches technology-based businesses, offering innovative technical solutions. For more than 20 years, Titan has provided comprehensive information systems solutions and services to the Department of Defense and intelligence agencies. Today, three of Titan's four core businesses develop and deploy communications and information technology solutions and services for both government and commercial customers. In addition, Titan's subsidiary SureBeam (Nasdaq: SURE) markets the leading technology for the electronic irradiation of food products and Titan is continually identifying promising technologies suitable for commercialization. The company has 10,000 employees and annualized sales of approximately $1.3 billion.

"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: The statements contained in this release, which are not historical facts, are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Examples of such forward looking statements include the Company's belief, that its technology-based businesses will continue to grow or result in profitability and that its government information technology business is stable and predictable and that it will be able to capitalize on government funded research and development. These statements are subject to risks and uncertainties that could cause actual results to differ materially from those set forth in or implied by forward-looking statements. These risks and uncertainties include the risks inherent in the acquisition of GlobalNet, risks associated with the Titan's entry into new commercial businesses and new markets such as telecommunications services market, risks associated with acquiring other companies, including integration risks, the risks of doing business in developing countries and international markets including foreign currency risks, and other risks described in the Titan's Securities and Exchange Commission filings. The information in this press release is current as of its release date.