NEW YORK, July 15, 2010 (GLOBE NEWSWIRE) -- TIE Technologies, Inc. (Pink Sheets:TTCS), an information technology, smart logistics, and telemetrics company, today announced the acquisition of the nationally recognized web design company, ForeScene Creative Solutions Inc.
ForeScene is being merged into TIE Technologies' Whirlwind Media Services family of companies. Whirlwind Media Services, www.whirlwindms.com is acquiring customers to optimally pursue the fast growing 110 billion dollar applications, web design and hosting services market. With this acquisition, the Whirlwind Media Services group will immediately bring new media services to ForeScene customers and enhance the portfolio of services that will benefit both existing and new Whirlwind clients.
ForeScene Creative Solutions, www.foresceneweb.com, located in New York City, New York, creates websites with attractive layouts and intuitive designs for business customers on a nationwide basis. ForeScene complements its design services with website development, e-commerce solutions, online marketing, and exclusive web hosting. ForeScene has created an enviable portfolio of clients ranging from banking, real estate, restaurants, media, to the arts. Their clients have all benefited from the amazing designs and successful websites that ForeScene has created for them.
Juan Carlos Martinez, Chief Executive Officer of ForeScene Creative Solutions, commented, "This merger is an ideal synergy for both companies. Together we will now be able to reach a larger audience and provide our clientele with new and enhanced services."
Shalin Patel, President of ForeScene Creative Solutions, commented, "We are ecstatic and proud to join the Whirlwind Media Services team. Our main focus was to partner up with a media firm that can bring our web clients the additional top tier services they require -- With the merger of these two brilliant companies our clients will have a vast plethora of media services available to them."
Graham Mew, Executive Vice President of Tie Technologies and President of Whirlwind Media Services, commented, "Whirlwind Media is quickly becoming known as the Media Services company that not only meets our clients' dreams, but surpasses them. We are all very excited about the real revenue growth potential this acquisition brings to TIE."
Whirlwind Media Services continues to look to acquire additional specialty web and application hosting companies.
"The vision for Whirlwind Media services is to provide high-quality multi-media services including 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 science and technology driven systems integration, security, smart logistics and Telemetrics company. TIE's Smart Technology Solutions strive to provide better ways of doing things in every market it touches, from large logistical challenges, down to small business needs and mobile smart phone applications. TIE TeleMetric's Services and Acumen architecture are designed to provide real time actionable intelligence to help secure critical assets, TIE is actively evolving smart solutions and proprietary critical path technologies for the environmental and security needs of government and institutional customers. TIE Technologies is traded on Pink Sheets under the symbol "TTCS." For additional information, please visit www.tietechnologies.com.
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.