TIE Kinetix: Sizable FLOW Order

Breukelen, the Netherlands,

TIE Kinetix announces to have signed a sizable Order (in the month of April) for its FLOW suite of applications. The initial order value of approximately € 400,000 may be expected to grow to a total order value exceeding € 1 million.

The order was placed in the United States by the global leader (Fortune 250) in motion and control technologies. This new enterprise level client has a long standing expertise in precision engineered solutions for their customers in a wide range of diversified industrial and aerospace markets.

FLOW Partner Automation is unique as it offers a comprehensive set of applications in e-commerce, demand generation, optimization and analytics in a single platform accessible via a self-service portal. FLOW enables our clients to build their own community with partners and suppliers.

This document may contain expectations about the financial state of affairs and results of the activities of TIE Kinetix as well as certain related plans and objectives. Such expectations for the future are naturally associated with risks and uncertainties because they relate to future events, and as such depend on certain circumstances that may not arise in future. Various factors may cause real results and developments to deviate considerably from explicitly or implicitly made statements about future expectations. Such factors may for instance be changes in expenditure by companies in important markets, in statutory changes and changes in financial markets, in the EU grant regime, in the salary levels of employees, in future borrowing costs, in future take-overs or divestitures and the pace of technological developments. TIE Kinetix therefore cannot guarantee that the expectations will be realized. TIE Kinetix also refuses to accept any obligation to update statements made in this document.

For further information, please contact:
TIE Kinetix N.V.
Jan Sundelin (CEO) or Michiel Wolfswinkel (CFO)
Phone: +31 (0) 88 3698060
E-mail: Michiel.Wolfswinkel@TIEKinetix.com

About TIE Kinetix
TIE Kinetix transforms the digital supply chain by providing Total Integrated E-Commerce solutions. These solutions maximize revenue opportunities by minimizing the energy required to market, sell, fulfill, and optimize online.

Customers and partners of TIE Kinetix constantly benefit from innovative, field-tested, state-of-the-art technologies, backed by 30 years of experience and prestigious awards. TIE Kinetix makes technology to perform, such that customers and partners can focus on their core business. TIE Kinetix is a public company and has offices in the United States, the Netherlands, France, Germany, United Kingdom, and Australia.

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