NEW YORK, Oct. 5, 2010 (GLOBE NEWSWIRE) -- TIE Technologies, Inc. (Pink Sheets:TTCS), who operates a portfolio of technology assets focused on proprietary smart logistics for Homeland Security and environmental disaster remediation, telemetrics, and advanced IT solutions, today announced that its award-winning Whirlwind Media Services subsidiary (website: http://www.whirlwindms.com/ ) has commenced its European Initiative with the establishment of its first London, United Kingdom affiliate.
Whirlwind Media Services, award winning Web design, Media Services and hosting division, continues to expand through both its organic growth and through its selective acquisitions. The path to increased profitability at Whirlwind is enhanced by the TIE Technologies portfolio of applications and software services which can be marketed to the growing number of corporate customers. Earlier in 2010, Whirlwind acquired the dynamic New York design studio Forescene Creative Solutions. The successful integration of this division and the strong early response to the affiliate program launched previously in the year continues to strengthen and grow revenues for Whirlwind.
The marketing affiliate program enables businesses and individuals to become part of the Whirlwind success story by becoming sales representatives offering the award winning services and expertise offered by Whirlwind and its New York design studio. The first European affiliate, Mr. Vincent Placide, is a marketing expert based in London, United Kingdom. He has been helping businesses of all sizes increase their profile and profitability through enhanced marketing efforts and materials.
"The establishment of this first affiliate is exciting as we commence our expansion into the European markets. The European market is important to our overall global strategy. With over 40 years of combined experience in Europe, our management team is focused on the establishment and growth within the European market," stated Graham Mew, Executive Vice President, TIE Technologies. "As TIE continues to develop applications, many of them are targeted to serve the Whirlwind Customers such as our in-house e-Loyalty program. Whirlwind provides web interfaces and hosts proprietary applications for our Smart Logistics division's various products and services."
Vincent Placide said, "The ability to present London area businesses and organizations with the dynamic marketing materials, world class designs from their New York studios, and programs that Whirlwind Media Services offers is exciting and energizing for London. I'm ecstatic about joining the team."
ABOUT WHIRLWIND MEDIA SERVICES
Whirlwind Media Services with its New York design studio is a single source multimedia marketing and web design company, offering its clients innovative and dynamic sales & marketing campaigns, interactive video & graphic design, radio and TV commercials and Internet-based marketing solutions and materials. Whirlwind boasts a who's-who list of Fortune 500, mid-and-small-cap, and small business clients.
ABOUT TIE TECHNOLOGIES, INC.
TIE Technologies operates a portfolio of technology assets with a focus on proprietary smart logistics, security, environmental disaster remediation, and advanced IT solutions. TIE's Smart Technology Solutions strive to provide better ways of doing things in every market it touches, from large logistical challenges, down to small business needs and mobile smart phone applications. TIE's hosted technology services are designed to help customers communicate their messages and secure their critical assets. TIE is actively evolving smart solutions and proprietary critical path technologies for the environmental and security needs of government and institutional customers. TIE Technologies is traded on Pink Sheets under the symbol "TTCS." For additional information, please visit www.tietechnologies.com.
FORWARD-LOOKING STATEMENTS
The information contained herein includes forward-looking statements. These statements relate to future events or to our future financial performance, and involve known and unknown risks, uncertainties and other factors that may cause our actual results, levels of activity, performance, or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements. You should not place undue reliance on forward-looking statements since they involve known and unknown risks, uncertainties and other factors which are, in some cases, beyond our control and which could, and likely will, materially affect actual results, levels of activity, performance or achievements. Any forward-looking statement reflects our current views with respect to future events and is subject to these and other risks, uncertainties and assumptions relating to our operations, results of operations, growth strategy and liquidity. We assume no obligation to publicly update or revise these forward-looking statements for any reason, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future. The safe harbor for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995 protects companies from liability for their forward-looking statements if they comply with the requirements of the Act.
CONTACT: TIE Technologies, Inc. Investor Relations Contact 212-334-3020 investor.relations@tietechnologies.com