TIE obtains Credit Facility, Rabobank becomes the new banker for TIE

TIE obtains Credit Facility, Rabobank becomes the new banker for TIE

ID: 6880

(Thomson Reuters ONE) - TIE Holding N.V. ("TIE") reports that it has agreed with Rabobankthat they will become TIE's new banker.TIE and Rabobank agreed on September 30, 2009 that Rabobank becomesthe new house bank for TIE. The agreement includes a credit facilityfor TIE in the Netherlands as well as the set-up of a worldwidecashpool to optimize and streamline the cash flow from TIE'soperations.Profile TIESupply Chain Integration Software Company TIE (NYSE Euronext: TIEHolding) bridges the gap between online and traditional business. TIEhelps industry and supply chain partners to achieve electronicbusiness collaboration with solutions in the traditional and upcomingmarkets like Data Quality Management, e-Invoicing, Master DataManagement and Digital Channel Communications. Our solutions areproven to lower costs, increase revenue and optimize businessprocesses. Because we have decades of experience to share, TIEremains a key contributor to the development and implementation ofglobal eCommerce standards. TIE is a publicly held company withoffices in the United States, France, and the Netherlands.Further information:TIE Holding N.V.Jan Sundelin, CEOAntareslaan 22-242132 JE HoofddorpThe NetherlandsT: +31-20-658 93 33F: +31-20-658 90 01E: info(at)TIEglobal.comW: www.TIEglobal.comhttp://hugin.info/133086/R/1347361/323944.pdfThis announcement was originally distributed by Hugin. The issuer is solely responsible for the content of this announcement.



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Bereitgestellt von Benutzer: hugin
Datum: 14.10.2009 - 08:01 Uhr
Sprache: Deutsch
News-ID 6880
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