Titan Holdings, Inc., A Wholly-owned Subsidiary of Scalada Holdings, LTD., Announces Completion of Beta Testing on Its Fracking Wastewater Technology

SINGAPORE, April 19, 2013 (Press-News.org) Titan Holdings, Inc., a wholly-owned subsidiary of Scalada Holdings Ltd.,(http://www.scaladaholdings.net) announced today that it will complete its Beta Testing Unit used to demonstrate the effectiveness and enterprise level viability of its technology to convert and recycle waste water and fracking fluids produced in U.S. oil fields.

Hydraulic fracturing, or "fracking" (also known as hydrofracturing, fracing, fraccing, or fracking) is the propagation of fractures from a wellbore drilled into reservoir rock formations by a pressurized fluid in order to release petroleum, natural gas (including shale gas, tight gas, and coal seam gas), or other substances for extraction.

It is estimated that in the United States alone, at least 9 billion liters of contaminated water are produced daily by fracking, and that a typical well uses 3,000,000 to 5,000,000 gallons of water during the process. By the year 2020, the global water treatment industry is estimated to reach $9 billion annually.

Titan's involvement is significant because it brings to the table Scalada's unique and patented Elemental Ionization System (EIS) for remediation of the considerable amount of waste water produced in the fracking process. The system is considered the worldwide leader in the field because it cleans up wastewaters in ways that are economical, environmentally friendly and profitable. The system also has the distinct advantages over other frac water remediation systems of onsite placement and almost complete mobility, thus allowing the oil industry to reduce the need for vast qualities of fresh water.

According to Titan CEO Manly Logan, "We are very pleased to be a major stakeholder in this incredibly important energy development area. Our Elemental Ionization System is considered faster, cleaner, and more efficient than that of any other company worldwide, and it can be offered at a fraction of the price."

The first experimental use of hydraulic fracturing was in 1947, and the first commercially successful applications were in 1949. As of 2010, it was estimated that 60% of all new oil and gas wells worldwide were being hydraulically fractured.
Scalada Holdings, Ltd. is in the business of bringing green solutions to the global marketplace that produce sustainable outcomes through its wholly owned subsidiaries Titan Holdings Inc., a Nevada based environmental company, and Cherokee Holdings, LLC. an engineering firm. Scalada Holdings provides integrated solutions over a wide range of technologies, services and extensive knowledge to serve global oil and gas companies in meeting their water and wastewater needs.

To learn more about Scalada Holdings Ltd., its wholly-owned subsidiary Titan Holdings, Inc. and their business of bringing green solutions to the global marketplace that produce sustainable outcomes, visit http://www.scaladaholdings.net.

For more information,
Contact Jeremy Merritt, Vice President
Scalada Holdings Ltd
77 Robinson Road
Singapore 068896
Contact Phone: +65 6809 2235
Contact Email: info@scaladaholdings.net
Website: http://www.scaladaholdings.net

Scalada Holdings, Ltd. is in the business of bringing green solutions to the global marketplace that produce sustainable outcomes. Through its wholly owned subsidiaries Titan Holdings Inc., a Nevada based environmental company, and Cherokee Holdings, LLC., an engineering firm, Scalada Holdings develops processing centers that remediate, recycle and reuse contaminated waste water streams that are economical, environmentally friendly and profitable.