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TIE Holding N.V. vs SAMAR B.V.

kijk voor de laaste informatie en stand van zaken, 

klik op de link http://www.samarbv.nl


Persbericht TIE

Published: 21:24 CEST 09-07-2010 /Thomson Reuters /Source: TIE Holding N.V. /XAMS: TICKER TIE /ISIN: NL0000386985

TIE: Unexpected ruling in the Samar case


TIE Holding N.V. ("TIE") reports that the court has come to a ruling in the Samar case. All claims by Samar have been granted and TIE is ordered to pay full damages.

Since December 2007 the Company has been involved in discussions and subsequently in legal proceedings with SAMAR B.V. All claims in the summary proceedings were instantly dismissed at the court hearing of February 15, 2008.

 

Notwithstanding the foregoing and against all expectations, the court of Haarlem decided on July 7, 2010 to grant all claims by Samar. TIE currently foresees a negative impact on the fourth quarter results amounting to 766K. Management is currently investigating its options, and expects to file an appeal on the short term.

 

Profile TIE

TIE (NYSE Euronext: TIE Holding) delivers innovative web centric, software based solutions that enable all trading partners in the supply chain to work seamlessly together on the major E-commerce processes of marketing, sales and fulfillment. With its TIE Kinetix concept, it provides a Total Integrated E-commerce process, embracing three innovative platforms for Business Integration (including e-invoicing, XML/EDI data synchronization), Content Syndication and E-commerce. The Total Integrated E-commerce solutions minimize the energy needed for a transaction lifecycle throughout the supply chain giving organizations the advantage to reduce cost and maximize revenue and profit.

TIE has more than two decades of experience in developing and implementing E‑commerce standards. TIE is a listed company with offices in the United States, Australia, France and the Netherlands.

 

 

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

Press Release


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