B2B Integration Software Company TIE Holding N.V. ("TIE") listed on the EuroNext Amsterdam Stock Exchange hereby announces that it has placed 950,000 new shares with a professional investor at a price of EUR 0.40.

The transaction will be completed this week. The cash proceeds of the share issue amount to EUR 361.000 and will be used to further strengthen TIE’s ability to invest in its future growth. The total number of shares in issue following this placement will be 29,270,725.

Dick Raman, CEO of TIE: "We find it encouraging that we are able to place these shares and thereby have the means to invest in our future at a time when we can see a number of attractive market opportunities."

About TIE
TIE is an international B2B Integration software company, established in 1987 and listed on the EuroNext Amsterdam Stock Exchange in the NextEconomy Index. TIE provides state-of-the-art software tools and in-depth expertise to TIE subsidiaries and resellers all over the world. These local Solution Providers help companies to do business electronically in order to improve the efficiency and effectiveness of their business processes and to lower their costs. TIE's main solutions in the 'Enterprise Portal Framework' allow companies to integrate their back-office processes to those of their trading partners and to manage product information. Since the TIE solutions are based on years of EDI as well as XML experience, TIE customers can reap the benefit of true open trading. TIE has a broad customer base in the Netherlands, France, Belgium and the USA and is a major player in Europe, Latin America and Asia.