Published: August 01, 2011
Titan Machinery Announces New Store Opening in Dickinson, North Dakota
WEST FARGO, N.D. - (BUSINESS WIRE) - Titan Machinery Inc. (NASDAQ:TITN) announced today that it has opened a
new Case Construction Equipment dealership in Dickinson, North Dakota.
The new dealership opened on August 1, 2011.
Located in western North Dakota, the Company's Dickinson dealership is
well-positioned to benefit from the numerous factors that are supporting
the favorable construction equipment market in this region including
energy, agriculture, government surpluses, infrastructure investment and
low unemployment rates.
David Meyer, Titan Machinery's Chairman and CEO, said, "We are excited
about the opportunity for our new construction dealership in Dickinson.
The oil industry in western North Dakota, resulting from the substantial
estimated reserves in the Bakken, Tyler and Three Forks oil formations,
continues to drive demand for construction equipment, rental, parts and
service. We have been pleased with the performance of our Minot,
Williston, Bismarck and Mandan stores in this market and the addition of
the Dickinson store will provide us increased opportunities in this
large growth area."
About Titan Machinery Inc.
Titan Machinery Inc., founded in 1980 and headquartered in West Fargo,
North Dakota, is a multi-unit business with mature locations and
newly-acquired locations. The Company owns and operates a network of
full service agricultural and construction equipment stores in the
United States. The Titan Machinery network consists of 87 dealerships in
North Dakota, South Dakota, Iowa, Minnesota, Montana, Nebraska, Wyoming
and Wisconsin including two outlet stores, representing one or more of
the CNH Brands ((NYSE: CNH), a majority-owned subsidiary of Fiat
Industrial (Milan: FI.MI)), including 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.
Forward Looking Statements
Certain statements found in this press release may constitute
forward-looking statements as defined by Section 27A of the Securities
Act of 1933, as amended, and Section 21E of the Securities Exchange Act
of 1934, as amended. Forward-looking statements are based on current
expectations and include any statement that does not directly relate to
a current or historical fact. Such statements are generally identifiable
by the terminology used, such as "anticipate," "believe," "intend,"
"expect," "plan," or other similar words. Our forward-looking statements
in this release generally relate to the benefits related to the
Dickinson construction equipment dealership opening. Although it is not
possible to foresee all of the factors that may cause actual results to
differ from our forward-looking statements, such factors include, among
others, integrating Dickinson construction equipment dealership
operations with Titan Machinery's existing network and those risks
described from time to time in our reports to the Securities and
Exchange Commission. Investors should not consider any list of such
factors to be an exhaustive statement of all of the risks, uncertainties
or potentially inaccurate assumptions that could cause our current
expectations or beliefs to change. Stockholders and other readers should
not place undue reliance on "forward-looking statements," as such
statements speak only as of the date of this release. We undertake no
obligation to update publicly or revise any forward-looking statements.

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