TIE Technologies Announces the Appointment of VP of Business Development & Domestic Partnerships.

TIE Technologies Announces the Appointment of VP of Business Development & Domestic Partnerships. NEW YORK, New York -- October 21, 2002 -- TIE Technologies, Inc. (OTC:PK "TIET") today announced the appointment of Mr. Roger Sciorsci as the Company's VP of Business Development and Domestic Partnerships. Mr. Peter Boonen, Chairman of TIE Technologies stated: "We welcome Mr. Sciorsci to the Company. His extensive experience in business development, account management, marketing, sales, training and staff development will be invaluable in preparing to launch BNET globally in 2003." Mr. Sciorsci's background is in the marketing of interactive products & services including Internet applications, ASP services, B-to-B solutions, data storage recovery and security solutions. During his fifteen-year sales & marketing career with Seagate, RH Donnelley, Dunn & Bradstreet and PGA, Mr. Sciorsci has managed accounts within an array of small to medium-size enterprises, as well as many large corporations such as AT&T, Best Foods, Bell Labs, and Lucent Technologies. Mr. Sciorsci was one of the core team members of the RH Donnelley, Dunn & Bradstreet, and NYNEX (now Verizon) partnership that pioneered the original online Big Yellow directories (now known as Verizon Superpages). At TIE Technologies, Mr. Sciorsi will be responsible for the development of BNET in the national marketplace, sales channels, and programs concerning partner selection. He will be instrumental in establishing the network throughout North America, building industry-specific hubs and relationships, and creating extensive business-applicable content. About BNET Utilizing existing, secure global delivery infrastructure, the Business Internet (BNET) is a newly structured and uniform network separate from - but compatible with - the existing Internet delivery infrastructure. BNET combines the world's most advanced security technologies and assures protection to levels unattainable through any Internet add-on, firewall or patch solution. Set to launch in early 2003, BNET is supported by some of the world's leading IT and technology companies. Its operating system was developed by Sun Microsystems and is the world's only EAL4 (common criteria) security certified operating system. This base trusted platform is even further enhanced through the advanced trusted systems and applications developed at Lockheed Martin, Trusted Systems Laboratories, and Plenar. The BNET global business network will offer total security to its subscribers. The existing Internet is not and is unlikely to ever be secure. BNET will provide an Internet alternative to business that is secure, hacker-proof and virus free. In securing any subscriber's valuable and confidential data and that of their clients, patients, partners and/or shareholders - BNET can provide protection from potential legal liability and/or damage actions that could otherwise arise through data or information being compromised on the insecure Internet. About TIE Technologies TIE Technologies has the BNET commercialization rights for the USA and is also responsible for all global BNET liaison, project management, policy and compliance, technology deployment and all licensee, joint venture, partner and affiliate relationships. The information contained in this release, other than historical information, may be considered forward-looking statements within the provisions of the Private Securities Litigation Reform Act of 1995. Projections and other forward-looking statements and management expectations regarding future events and/or financial performance of the Company "although given in good faith" are inherently uncertain and actual events and/or results may differ materially. For all inquires contact Chris Nichols, (212) 334-9300 Ext 12 email [email protected] www.bnet-global.com, www.tietechnologies.net