TIE Holding N.V. (“TIE”) reports that it has published the Company’s 2011 Annual Report on the company website www.TIEHolding.com. Additionally, the invitation for the Annual General Meeting of Shareholders was published on the website today.
Total Income for the year amounts to € 10,671k (2010: € 11,013k), Operating Result amounts to € 597k (2010: €-1,386k) and Net Income amounts to € 383k (2010: € -1,928k). The Total Comprehensive Income net of tax amounts to € 393k (2010: € -1,765k). The net cash flow for 2011 from operating activities amounts to € 958k (2010: 841k), the net cash flow generated amounts to € 54k (2010: € -147k).
General Meeting of Shareholders
TIE Holding N.V. invites all shareholders to attend the annual General Meeting of Shareholders, which will take place on Wednesday March 14th, 2012 at 11:00h in Hoofddorp. The agenda and the explanatory notes thereto, including the information regarding the reappointments of A.F.L. Veth and E.R. Honée as members of the Supervisory Board, will be published on the company website. All documents with regard to the annual shareholders meeting can also be obtained free of charge at the office of TIE Holding N.V., Antareslaan 22-24, 2132 JE, Hoofddorp, The Netherlands.
Currently, the number of outstanding shares and voting rights amounts to 93,295,421. The company’s authorized share capital amounts to € 20 million, consisting of 200 million (2010: 200 million) ordinary shares with a nominal value of € 0.10 each.
Profile TIE
TIE (NYSE Euronext: TIE Holding) transforms the digital supply chain by providing Total Integrated E-commerce solutions. These solutions maximize revenue opportunities by minimizing the energy needed to market, sell and deliver online. Customers and partners of TIE constantly benefit from innovative, field tested technologies and are able to remain focused on their core business. TIE develops cloud/SaaS and license based solutions, and is backed by over 25 years of experience and prestigious awards.
TIE provides Total Integrated E-commerce solutions through its TIE Kinetix Content Syndication, TIE Kinetix E-commerce and TIE Kinetix Business Integration Platforms. All solutions and professional services are designed to enhance the value of the relationship with and between all customers, partners, resellers and additional stakeholders. Furthermore, TIE continues to solidify its leadership position in verticals including: IT, Consumer Electronics, Telecommunications, Office Supplies, Home Improvement, Food Retail, Fashion, Financial Services and Automotive.
Today, TIE remains a key contributor to the development and implementation of global E commerce standards. It continues to pursue partnerships with industry leaders and prestigious international commissions. TIE is a public company with offices in the United States, the Netherlands, France and Australia.
Further information:
TIE Holding N.V.
Jan Sundelin, CEO
Antareslaan 22-24
2132 JE Hoofddorp
The Netherlands
T: +31-20-658 93 33
F: +31-20-658 90 01
E:
info@TIEHolding.com
W:
www.TIEHolding.com
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