NEW YORK, March 16, 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 announces MobileChat 2, the next generation of its successful iPhone application chat product, through its wholly owned subsidiary MobileApps, Inc. ("MobileApps").
MobileChat 2 provides peer-to-peer text chatting and introduces TIE multisourcing technology, a feature which seamlessly interfaces with other future iPhone applications and provides the ability to send pictures to multiple peers. This latest release takes advantage of the new iPhone OS, along with a number of innovations that have been made to the database and server architecture. The applications performance and security have also been improved.
This next generation iPhone application will enable TIE as a mobile application developer and provider to use TIE multisourcing technology to enable the MobileApps product line to achieve faster sales growth. The mobile application market continues to exceed expectations in both growth and consumer acceptance. According to Juniper research, this market is expected to grow to $25 billion per year within five years.
Graham Mew, TIE Technologies, Executive Vice President, commented, "Everyone is excited at MobileApps and TIE as we near the launch of MobileChat 2. We feel that our users will love the new improved application. The birth of this next generation product has been driven by the immense opportunity we see to bring additional technologies from TIE's portfolio to our customers."
The MobileApps team is completing the final stage of testing on MobileChat 2 and it is expected to be launched this April.
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 iPhones. TIE Technologies is traded on 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.