NEW YORK, July 15, 2009 (GLOBE NEWSWIRE) -- TIE Technologies, Inc. (Pink Sheets:TTCS) today announces the licensing of a new search engine technology from Aerospace Corporation, www.aerospace.org.
Obtaining the latest accurate data from the web is a crucial part of providing critical information for today's smart systems and the teams that rely on them. Today's search engines provide information, yet do not highlight the items that are new or have changed. Smart systems such as those managing highly secure facilities need precise timely search engine output which might confirm or deny the significance of an alert generated by a system sensor.
Smart Cow is an advanced search and filtering technology, designed and patented by Aerospace engineers to source unique files from rated trusted sources to provide screened data points prepared for digital integration within a complex system application. With the licensing of the core Smart Cow technology from Aerospace Corporation, TIE will be able to deliver several exciting applications, marketed under the name BloodHound(tm) and bearing the "powered by Smart Cow" technology label.
BloodHound(tm) is intended to do exactly what its name implies -- it seeks, find and alerts the user to the items and modified content contained within the web that the user is looking for. Compliance managers, research personnel, business development, analysts, news analysts and risk assessment teams will all be able to use this service or license the technology in-house, accordingly. BloodHound(tm) will be targeted at government and commercial clients. For smaller entities and the consumer market, Sleuth(tm), a lighter version, will also be available as a subscription service.
Graham Mew, TIE Technologies, Executive Vice President, commented, "This is the search tool our clients have been asking for -- BloodHound(tm) joined with TIE'S ACUMEN(tm) architecture will deliver the ability to search through data sources and identify the critical and newest information accordingly. We are truly excited to bring this and other technologies to market with the help of Aerospace Corporation."
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 out sourced and internal server, applications hosting, managed hosting and related systems management services, database hosting, content delivery networks, data broadcasting networks, and voice and video solutions providers. TIE Technologies (TIE) is traded on the Pink Sheets under the symbol "TTCS".
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.