TIE Holding N.V. (“TIE”) announces forward looking statements for guidance in Annual Report 2012.
Further to the publication of the Annual Report 2012, TIE hereby announces that it has communicated in its Annual Report that management expects, barring unforeseeable circumstances and one-time expenses, to attain € 15mln in revenue and a net income of minimum €0.7mln for financial year 2013.
Factors giving reason to these expectations are founded in the transformation of TIE to a truly SaaS company, the increasing E-commerce in the Netherlands and Content Syndication in the United States, together with the acquisition of ascention GMBH. Net income will be restrained due to increasing spending in R&D expenses providing the means in order to realize sustainable profitability in future.
The Annual Report can be downloaded via the Company's corporate website (www.tieholding.com).
For further information about this press release, please contact us via +31 20 658 9099 or bob.out@tiekinetix.com.
Profile TIE Kinetix
TIE Kinetix transforms the digital supply chain by providing Total Integrated E-commerce solutions. These solutions maximize revenue opportunities by minimizing the energy required to market, sell and deliver online. Customers and partners of TIE Kinetix constantly benefit from innovative, field tested, state-of-the-art technologies, which are backed by over 25 years of experience and prestigious awards. TIE Kinetix makes technology to perform, such that customers and partners can focus on their core business.
TIE Kinetix is a public company (NYSE Euronext: TIE Holding), and has offices in the United States, the Netherlands, France, Australia, UK, Germany, Austria and Switzerland.
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