TIE to Acquire Digital Channel; Acquisition Expands Portfolio and Customer Base.

AMSTERDAM, The Netherlands -- Business-to-Business Interoperability Software Company TIE Holding N.V. ("TIE") listed on the EuroNext Amsterdam Stock Exchange and Digital Channel, a leading Dutch specialist in real-time web-based product information management have entered into an agreement by which TIE will acquire Digital Channel. The transaction will strengthen TIE's product portfolio, as well as enhancing TIE's business development opportunities in both Europe and the USA.

This acquisition fits well into TIE's strategy of acquiring businesses that expand TIE's product and service potential and provide a firm basis for further expansion. The acquisition is expected to provide synergies that will immediately contribute to both TIE's revenue and profitability. Digital Channel is expected to generate revenues of EUR 1.6m this year with a healthy profit margin. The transaction is expected to close before the end of July following the completion of financial and technical due diligence. Depending on the final outcome of the due diligence, TIE will pay EUR 2.1m in Cash, Ordinary Shares and/or Convertible Bonds. The Digital Channel organization will be integrated into TIE and their key employees, mostly in sales & marketing, will be offered employment within TIE. There will be a three-year lock-up period for the owners of Digital Channel who will also continue to be employed by TIE. Digital Channel has a subsidiary in the United Kingdom, which will be transformed into a subsidiary of TIE.

With the addition of Digital Channel, TIE will be able to deliver its Business-to-Business integration know-how and solutions to the customers of Digital Channel. Digital Channel for their part, will provide TIE with ample joint business development opportunities through their strong customer base and related marketing/sales processes. Digital Channel provides a great opportunity to add more content to the typical non-visible system-to-system communication of TIE. Similarly, TIE provides a great opportunity for Digital Channel to add more value for their customers by doing to their supply chain, what they are already doing to their information chain: namely managing it and speeding it up.

"Our approach has always been to provide our customers with a means to increase their revenue. Now we are ready to offer the next step, deep integration into their business, using TIE products," said Marco van den Bosch, Managing Director of Digital Channel.

"This acquisition is a major step in strengthening our business development capabilities and opportunities," said Dick Raman, CEO and President of TIE. "Digital Channel and TIE can together expect to create enhanced value for our partners, shareholders, and especially our customers, and ultimately drive greater value for TIE's business. The acquisition of Digital Channel will significantly increase our potential for accelerated growth, both organically and through further acquisitions."

About Digital Channel

Digital Channel (http://www.digital-channel.com) is a privately held company that specializes in the development and implementation of an effective total communication concept, supplying consistent up to date product and marketing information via the Internet throughout the Sales Channel, from vendor to participating resellers/partners to their end user. Digital Channel counts many important vendors as customers such as Microsoft, Hewlett Packard, Cisco, Kyocera, Fujitsu-Siemens, Lenovo, Siemens, Quantore and Toshiba. It currently has over 500 resellers contracted and this number is expanding rapidly. Digital Channel solution is also implemented for vertical markets as for HISWA water sport, the Dutch Cyclist Union (http://www.KNWU.nl) and other partner programs in vertical markets. Digital Channel is currently active in The Netherlands, UK, Germany and Scandinavia.

About TIE

TIE is an international B2B software company, established in 1987 and focused on Business Interoperability. TIE enables companies to do business electronically and to lower costs by synchronizing their product information and business processes with their partners in the Supply Chain. TIE plays a major role in global eBusiness standardization and has years of experience providing TIE customers with the benefit of solid, future-proof products. TIE is a Public Company with thousands of customers across all major industry sectors. TIE has offices in the USA, Netherlands, Belgium, and France and is represented in Europe, Latin America and Asia.