I have been at the helm of TITONI Ltd. for more than four decades and my goal has always been to offer our clientele high quality timepieces at affordable prices. Now is the time to hand over responsibility for the company to my two sons Marc and Olivier. However, I will keep my role as Chairman of the Board. At the same time, I assure you that the top quality of our products and our excellent service will not change. As a family company, stability, honesty and independence have been particularly important to us for more than a century and will continue to be so in the future. The entire success of TITONI is based on these values. --- Daniel Schluep, Chairman of the Board TITONI Ltd.