TIE Technologies Announces Acquisition of Point B Telematics, Inc.

NEW YORK, Sept. 1, 2009 (GLOBE NEWSWIRE) -- TIE Technologies, Inc. (Pink
Sheets:TTCS) today announces the acquisition of Point B Telematics, Inc., the
Seattle, Washington-based fleet management and asset tracking software company
and operator of WIMFleet.

Point B Telematic's WIMFleet
(http://www.pointbtel.com/point_b_telematics_products/wimfleet_products.html)
product allows customers to easily utilize their fleet's travel and location
"data," by creating secure online useful reports that leverage good
decision-making processes. Point B Telematics will continue to operate as a
unique part of the TIE Technologies Telecommunications division, integrating
additional TIE products and services to provide greater security and efficiency
for customers.

Once TIE has acquired one hundred percent of the 10,000,000 shares of Point B
Telematics, Inc. it will have issued 500,000 shares of TIE Technologies, Inc.
common shares in exchange for Point B Telematics. Point B is a key
telecommunications acquisition for TIE, bringing customer proven solutions into
the TIE portfolio of assets and an exciting product ready for delivery.

According to industry watcher, Juniper Research, "the market for
Wireless-enabled Machine to Machine (M2M) applications is now entering a new
growth phase with revenues set to grow from $20bn in 2006 to over $44bn by 2009
and $74bn by 2011. According to Juniper Research, automated meter reading (AMR)
associated revenues are expected to quadruple to $40.8 billion by 2011." Point B
Telematics offers a variety of M2M and AMR solutions, allowing fleet tracking
and automating monitoring and collection of energy (gas) consumption data for
the purposes of real-time billing and consumption analysis.

Mark Marangella, TIE Technologies' Executive Vice President further commented,
"Point B brings exciting possibilities to TIE's asset tracking imperative for
both the commercial and government markets. The market opportunity for operators
with access to both terrestrial and satellite based wireless technology in
particular, as is the case with TIE, is almost unlimited in the long term. In
late 2008 Point B Telematics added support for a satellite-tracking unit,
enabling global tracking of assets including containers, ships, and vehicles,
opening up new markets requiring ubiquitous satellite coverage."

ABOUT TIE TECHNOLOGIES INC.

TIE Technologies is a systems integration and telecommunications company focused
on engineering and delivering innovative solutions for user's needs and
challenges within the dynamic global voice, video and data communications
markets. The company offers managed IT and telecommunication services to solve a
myriad of complex client requirements. Services and solutions include
applications hosting, managed hosting, complex event systems management
services, content delivery networks, data broadcasting networks, and voice and
video solutions. TIE Technologies (TIE) is traded on the Pink Sheets under the
symbol "TTCS".

The TIE Technologies, Inc. logo is available at
http://www.globenewswire.com/newsroom/prs/?pkgid=6435

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. Projection 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.

investor.relations@tietechnologies.com

WWW.TIETECHNOLOGIES.COM

-0-
CONTACT: Total Communications
212-949-3400