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TIE/COMMUNICATIONS TO PURCHASE TIE CANADA SHARES

 MARKHAM, Ontario, Canada, May 21 /PRNewswire/ -- On May 20, 1993, TIE/communications, Inc. (AMEX: TIE) agreed to purchase 804,000 common shares of TIE/telecommunications Canada Limited (TIE Canada) at a price of Cdn$1.25 per common share from another shareholder.
 As a result of this transaction, the company will become the holder of 6 million common shares of TIE Canada representing approximately 73 percent of the issued and outstanding common shares of TIE Canada. The company will continue to evaluate its options regarding the possible acquisition of shares held by the remaining minority shareholders of TIE Canada at a price not exceeding Cdn$1.25 per share.
 -0- 5/21/93
 /CONTACT: G. N. Benjamin III of TIE/communications, Inc., 203-888-8001/
 (TIE)


CO: TIE/communications, Inc.; TIE/communications Canada Limited ST: Connecticut, Ontario IN: TLS SU:

WB-OS -- NY018 -- 1138 05/21/93 10:26 EDT
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Publication:PR Newswire
Date:May 21, 1993
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