TIE Technologies’ MobileApps, Inc. to operate Whirlwind Hosting
NEW YORK, January 12, 2010 -- TIE Technologies, Inc. (Pink Sheets: TTCS) today announced that their new "Whirlwind Hosting"(tm) service will be operated by MobileApps, Inc. a wholly owned subsidiary of TIE Technologies.
The Whirlwind Hosting division booked its first clients in the fourth quarter of 2009. The key to Whirlwind’s strategy is a focus on expanding the client base and driving positive margins with premium priced specialty application products.
In August of 2009, TIE Technologies, Inc. acquired Mobile Apps, Inc. which owns the MobileChat iPhone application and is an approved application provider for Apple iTunes as well as the iPhone and iPod touch devices. The company looks to acquire additional specialty web hosting and application development companies in early 2010.
With a global reach of over 50 million iPhone and iPod touch users, the App Store is a priority venue for MobileApps, Inc. new product introductions and sales development. Demand for iPhone applications has soared. In just over one year of the iTunes Applications store being launched, over 2 billion applications have been sold to over 100 million accounts. This number is expected to double in the next 12 months.
Graham Mew, TIE Technologies, Executive Vice President commented, “Whirlwind Hosting has started 2010 strong, we started taking on our first clients in late 2009, and are now actively engaged in growing our customer base through acquisitions. We see real long term growth in Mobile Apps coming from the synergies of working with our strong partners in the research arena, to bring new innovative products like our Sleuth advanced search engine to MobileApps’ customers. We are excited about our near term sales plans for Whirlwind, MobileChat, Sleuth and look forward to additional technologies and affiliate services to be announced.”
“” The vision for Whirlwind is to provide high-quality Internet hosting solutions to small and medium-sized businesses, government agencies, prominent individuals and non-profit organizations worldwide”
ABOUT TIE TECHNOLOGIES INC.
TIE Technologies is a systems integration and telecommunications company focused on engineering and delivering innovative solutions for user’s needs and challenges within the dynamic global voice, video and data communications markets. The company offers managed IT and telecommunication services to solve a myriad of complex client requirements. Services and solutions include out sourced and internal server, applications hosting, managed hosting and related systems management services, database hosting, content delivery networks, data broadcasting networks, and voice and video solutions providers. TIE Technologies (TIE) is traded on the Pink Sheets under the symbol "TTCS".
Safe Harbor Statement
The information 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. Projection 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.
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