Titan Machinery Chief Executive Officer David Meyer Named Ernst & Young Entrepreneur Of The Year 2009 Award Winner in Upper Midwest Region

FARGO, N.D. - (BUSINESS WIRE) - Titan Machinery Inc. (Nasdaq: TITN) today announced that David Meyer, the Company's Chairman and Chief Executive Officer, received the Ernst & Young Entrepreneur Of The Year 2009 Award in the distribution category in the Upper Midwest region. According to Ernst & Young LLP, the award recognizes outstanding entrepreneurs who are building and leading dynamic, growing businesses. Mr. Meyer was selected by an independent panel of judges, and the award was presented at a gala event at the Pfister Hotel on Thursday, June 11, 2009.

"I am honored to be recognized by Ernst & Young," stated Mr. Meyer. "This award is a testament to the hard work and strong performance of all the employees across the entire Titan Machinery organization. We look forward to continuing our efforts to provide the best service to our customers as we grow our business."

The Ernst & Young Entrepreneur Of The Year awards celebrate their 23^rd anniversary this year. The program honors entrepreneurs who have demonstrated exceptionality in such areas as innovation, financial performance and personal commitment to their businesses and communities.

"We are proud to recognize the achievements of David Meyer," said Kevin Klimara, Ernst & Young Partner, Strategic Growth Markets. "Winners of the Entrepreneur Of The Year award build leading businesses and contribute significantly to the strength of our region's economy. Their success helps our area grow stronger."

As an Upper Midwest award winner, Mr. Meyer is now eligible for consideration for the Ernst & Young LLP Entrepreneur Of The Year 2009 national program. Award winners in several national categories, as well as the overall national Ernst & Young Entrepreneur Of The Year award winner, will be announced at the annual awards gala in Palm Springs, California on November 14, 2009. The awards are the culminating event of the Ernst & Young Strategic Growth Forum, the nation's most prestigious gathering of high-growth, market-leading companies.

Sponsors

Founded and produced by Ernst & Young LLP, the Entrepreneur Of The Year awards are pleased to have SAP America and the Ewing Marion Kauffman Foundation as national sponsors.

Regional sponsors for the Upper Midwest program include Faegre & Benson LLP, Clifton Gunderson LLP, Twin Cities Business magazine and Manpower. Locally, the program is sponsored by Padilla Speer Beardsley and The Business Journal serving Greater Milwaukee.

About Titan Machinery Inc.

Titan Machinery Inc., founded in 1980 and headquartered in Fargo, North Dakota, is a multi-unit business with mature locations and newly acquired locations. The Company owns and operates one of the largest networks of full service agricultural and construction equipment stores in North America. Including the recently announced Valley Equipment Inc. acquisition, the Titan Machinery network consists of 67 dealerships in North Dakota, South Dakota, Iowa, Minnesota, Montana, Nebraska and Wyoming, including three outlet stores, representing one or more of the CNH Brands (NYSE:CNH) Case IH, New Holland Agriculture, Case Construction, New Holland Construction, Kobelco and CNH Capital. Additional information about Titan Machinery Inc. can be found at www.titanmachinery.com.

About Ernst & Young's Entrepreneur Of The Year Awards Program

Ernst & Young's Entrepreneur Of The Year Award is the world's most prestigious business award for entrepreneurs. The award makes a difference through the way it encourages entrepreneurial activity among those with potential and recognizes the contribution of people who inspire others with their vision, leadership and achievement. As the first and only truly global award of its kind, the Ernst & Young Entrepreneur Of The Year award celebrates those who are building and leading successful, growing and dynamic businesses, recognizing them through regional, national and global awards programs in more than 135 cities in 50 countries.

ICR, Inc.
John Mills, 310-954-1100
jmills@icrinc.com