B2B Integration software company TIE Holding N.V. ("TIE") listed on the EuroNext Amsterdam Stock Exchange hereby publishes its results for the third quarter of the financial year 2006 (April 1st 2006 – June 30th 2006). The net profit reported for the quarter is EUR 16k, an improvement over the previous quarter’s loss of EUR 696k as well as the loss of EUR 124k reported for the third quarter of 2005. Revenues decreased slightly when compared with the third quarter last year.

Sales revenues decreased 4.4% compared to the third quarter of 2005. This decrease is due to reduced consultancy revenues in both the Netherlands and USA. Revenues generated by TIE France remained level.

The total cash flow was positive by EUR 174k. The cash flow resulting from operating activities was slightly negative by an amount of EUR 66k, showing a significant improvement when compared to the same period prior year.

Shareholder’s Equity remains positive at around EUR 1m. EUR 336k of unrestricted cash is available to the Company, which also has a credit facility of up to EUR 600k, of which EUR 177k is currently drawn. Further details can be found in the separate financial report for this quarter that is attached hereto.

In July of 2006, TIE appointed Jan Sundelin, former CEO of Digital Channel, as the Managing Director of TIE Netherlands. He has considerable experience having previously worked in management positions for various companies including QMS, Minolta and TallyGenicom EMEA.

Dick Raman, CEO of TIE commented: “The acquisition of Digital Channel will unlock sources of revenues for TIE and the Company will further assess the opportunities this presents to deliver more Software as a Service. We believe Jan Sundelin will have an extremely positive and immediate impact on our operations. He is tasked with the integration of Digital Channel into TIE and we trust his leadership skills and significant sales experience to improve our operational and sales effectiveness, while putting in place a very capable and efficient combined organization."