TIE Holding N.V. ("TIE") hereby announces that it has placed 2.321.429 new shares following the conversion of two convertible bonds.
The Convertible Bonds were issued February 22, 2008 to Macrobius Beheer B.V. and Inventive Adventure B.V., in connection with the acquisition of Sinfox. The Convertible Bonds with a principle amount of EUR 325K in total, at a conversion price of EUR 0.14, will now be converted into ordinary shares TIE Holding N.V.. The transaction will be completed this week. The total number of shares in issue following this placement will amount to 57,076,818.

Profile TIE
Master Data Management Software Company TIE (NYSE Euronext: TIE Holding) bridges the gap between online and traditional business. TIE helps industry and supply chain partners to achieve electronic business collaboration with solutions in the traditional and upcoming markets like Data Quality Management, e-Invoicing, Master Data Management and Digital Channel Communications. Our solutions are proven to lower costs, increase revenue and optimize business processes. Because we have decades of experience to share, TIE remains a key contributor to the development and implementation of global eCommerce standards. TIE is a publicly held company with offices in the United States, France, and the Netherlands.