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TIE/COMMUNICATIONS, INC. ANNUAL MEETING HEARS OUTLINE OF NEW CORPORATE STRATEGY AND PRODUCT EXPANSION PLAN

 TIE/COMMUNICATIONS, INC. ANNUAL MEETING HEARS OUTLINE
 OF NEW CORPORATE STRATEGY AND PRODUCT EXPANSION PLAN
 CHICAGO, June 25 /PRNewswire/ -- TIE/communications, Inc. (AMEX: TIE) is reducing costs, building its customer base and expanding into higher-margined product lines as part of its strategy to become the premier supplier of business communication systems and products, President and Chief Executive Officer George N. Benjamin, III, told those attending the company's annual meeting.
 As a consequence of these steps, and despite the difficult market, "We look to the future with confidence," said Benjamin. "That confidence is somewhat clouded by the economic uncertainty present in most markets throughout the U.S. and Canada. Nevertheless, TIE's vision of being the premier provider of small- and medium-sized business communications services and equipment in North America is a realistic goal."
 Benjamin, at the June 23 meeting, said sales were essentially flat during 1991 because of the slow economy, the company's shift away from manufacturing and other adverse news. Nonetheless, he noted, TIE was profitable from operations for the first time in seven years during the 1991 fourth quarter and expects to become consistently profitable. "Despite the economy and substantial changes in TIE during the year, we ended 1991 as a much stronger and healthier company," he said.
 Among other things, Benjamin said, TIE is expanding its product line to offer a full array of products and services geared to the needs of medium and smaller businesses. The new product mix includes an enhanced private label voice-mail line -- the TIE System 4002 and System 5002 Plus -- local and wide-area network equipment and services, sophisticated message-on-hold products and services, point of sale equipment, PC management services, long distance service and customized security services.
 In addition, TIE plans to introduce a new line of fully ISDN- compatible telephone and communications products this year.
 TIE has worked to steadily reduce costs through consolidation of corporate operations and use of improved computer equipment at the company's headquarters in Seymour, Conn. A new system of regional accounting managers and an expanded customer base are contributing to higher productivity, Benjamin said.
 The company expects to determine soon the future of its headquarters building in Seymour. The mortgage of that building, which is too large for the company's existing needs, is TIE's only remaining long-term debt.
 Shareholders elected one new director--Louis Collens, president of the Illinois Institute of Technology and a director of Dean Foods Company. Seven directors were re-elected to one-year terms. They are Benjamin; Eric V. Carter, executive vice president of TIE; Robert C. Gluth, executive vice president and treasurer of The Marmon Group, Inc.; Thomas L. Kelly, Jr., former chairman and president of TIE; Robert E. LaBlanc, president of Robert E. LaBlanc Associates, Inc.; Robert W. Webb, vice president of The Marmon Group, Inc,; and Pritzker.
 Shareholders also approved selection of KPMG Peat Marwick as independent auditors of the company.
 TIE shares are traded on the American Stock Exchange. TIE/telecommunications Canada Limited, a 63 percent owned subsidiary, is based in Markham, Ontario, and is traded on the Toronto and Montreal stock exchanges.
 TIE is a member of The Marmon Group of companies, an international association of more than 60 autonomous manufacturing and service companies with annual sales of nearly $4 billion.
 -0- 6/25/92
 /CONTACT: George Benjamin of TIE Communications, 203-888-8001, or Steve Weiner of Readmore Communications, 708-771-9101, for TIE Communications/
 (TIE) CO: TIE Communications ST: Illinois IN: TLS SU: RCN


AH -- NY085 -- 4049 06/25/92 20:25 EDT
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Date:Jun 25, 1992
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