NEW YORK, Feb. 18, 2010 (GLOBE NEWSWIRE) -- TIE Technologies, Inc. (Pink Sheets:TTCS), a systems integration and telecommunications company focused on engineering and delivering innovative solutions for the dynamic global security, voice and data communications markets, today announced that its wholly owned subsidiary MobileApps, Inc. ("MobileApps") launched a new affiliate business development program with the execution of its first Affiliate agreement.
Kicking off The Whirlwind Hosting Affiliate Program, MobileApps executed its first affiliate agreement with Evoke Group – a Graphics Design company based in Asheville, N.C. In this mutual business development contract, MobileApps, Inc. provides support services to the affiliate development firm, in exchange for the affiliate firm bringing applications and website hosting customers to MobileApps.
This program enables a symbiotic relationship at the customer level, with the services of Whirlwind hosting and the services of a trusted affiliate creating better customer results and improved results for all. The community of affiliates will provide opportunities for their services to be improved through the exchange of ideas and potentially gain access to serve a larger breadth of clients that were not within their previous reach. The affiliates will generate commission revenue as a percentage of the Whirlwind Hosting services they introduce.
The recent marketing campaign from IBM is a good reminder that the Application Hosting Services/Global cloud computing market is expected to grow at a compounded annual rate of 28 percent from $47 billion in 2008 to $126 billion by 2012. MobileApps is positioning itself to capture a part of this market and also provides access to this market to the affiliates.
Joel Mathison, owner of Evoke, stated, "We're ecstatic to be a part of the affiliate program. The program enables us to grow our business and revenue in conjunction with Whirlwind, which is very exciting. We already have begun building relationships which normally would have been beyond our reach."
"The affiliate program provides technology support, mutual referral revenue growth and a professional community for the affiliates, all built to provide the mutual expansion of the business of both the affiliates and Whirlwind Hosting," commented Graham Mew, Executive Vice President, TIE Technologies. "This program works synergistically with our corporate acquisition strategy, providing a pipeline of new customers for Whirlwind's application and website hosting businesses, without competing with our development partners."
Whirlwind affiliates usually provide one of the following services to their customers: graphic Design, web design, application development, traditional and smart phone technologies, or marketing production and planning. For additional information about the affiliate program visit www.whirlwindhosting.com
ABOUT TIE TECHNOLOGIES INC.
TIE Technologies is a technology driven systems integration and telecommunications Company. TIE's Smart Technology Solutions strive to provide better ways of doing things in every market it touches; from large logistical challenges, to small business needs and hand held i Phones. TIE Technologies 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. 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.