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TIE Kinetix Signs Contract with Georgia Main Food Group Limited for a 100% Cloud-Based Supply Chain Solution

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TIE Kinetix, a leader in 100% supply chain digitalization, announced today a 2-year, $116,000 contract with Georgia Main Food Group Limited, the parent company of two of British Columbia’s most trusted grocery retail brands, IGA and Fresh St. This contract will enable Georgia Main to optimize their document exchange process and provide them with the resources to achieve a fully digital supply chain with TIE Kinetix’s next generation EDI offerings.  

With this decision to choose TIE Kinetix’s FLOW Partner Automation platform for their EDI services, Georgia Main’s supply chain solution will be 100% in the cloud. The decision to utilize the FLOW Partner Automation platform – fully integrated with Georgia Main’s Microsoft Dynamics 365 F&SCM environment – is done in close collaboration with TIE Kinetix’s partner, To-Increase. Now, Georgia Main can exchange all business documents electronically and securely with the bonus of access to industry experts from both TIE Kinetix and To-Increase.  

Both companies provide a full understanding of their customers’ business environment by working closely with Microsoft Dynamics 365. TIE Kinetix and To-Increase work together to help companies like Georgia Main make these major electronic business transactions an efficient and simple process – from start to finish. Additionally, Georgia Main’s supplier ecosystem will also have the option to utilize FLOW for both EDI and supplier portal solutions. Georgia Main’s decision to choose TIE Kinetix as their service provider shows the need for companies to rely on secure document exchange solutions that enable them to send and receive documents electronically with trading partners of any size. 

TIE Kinetix is proud to offer a solution to Georgia Main (and their supplier ecosystem) that is hosted in the Microsoft Azure cloud. This ensures the utmost security for Georgia Main and their trading partners, as well as mitigated human error and an accessible document exchange process. Now that Georgia Main has chosen TIE Kinetix’s cloud-based solution, FLOW, they can be sure that their supply chain is as protected and efficient as possible.   

This document may contain expectations about the financial state of affairs and results of the activities of TIE Kinetix as well as certain related plans and objectives, and may be expressed in a variety of ways, such as ‘expects’, ‘projects’, ‘anticipates’, ‘intends’ or similar words. TIE Kinetix has based these forward-looking statements on its current expectations and projections about future events. Such expectations for the future are naturally associated with risks and uncertainties because they relate to future events, and as such depend on certain circumstances that may not arise in future. Various factors may cause real results and developments to deviate considerably from explicitly or implicitly made statements about future expectations. Such factors may for instance be changes in expenditure by companies in important markets, in statutory changes and changes in financial markets, in the salary levels of employees, in future borrowing costs, in future take-overs or divestitures and the pace of technological developments. TIE Kinetix therefore cannot guarantee that the expectations will be realized. TIE Kinetix also refuses to accept any obligation to update statements made in this document. 

For more information please contact:

TIE Kinetix N.V.
Michiel Wolfswinkel (CFO)
De Corridor 5d
3621 ZA Breukelen

T: +31-88-369-8000 (Europe) or 1-800-624-6354 (USA)
E:
Michiel.Wolfswinkel@TIEKinetix.com
W: www.TIEKinetix.com 

About TIE Kinetix
At TIE Kinetix, we help companies of all sizes achieve their digitalization goals. From 1% to 100% or anywhere in between, our cloud-native FLOW Partner Automation platform is designed to completely eliminate paper from the supply chain, enabling our customers to focus on three corporate initiatives that drive true organizational change: business process efficiency, compliance, and corporate social responsibility (CSR).  
 
We believe that digitalization (not digitization) is the future. We believe in conscious development, and we believe in moving ourselves and our customers forward. More than 2,500 companies have chosen TIE Kinetix to support their EDI, e-invoicing, and general digitalization projects, and we proudly facilitate the exchange of over 1 billion documents through FLOW each year—the equivalent of 100,000 trees saved.  
 
Founded in 1987, TIE Kinetix is a public company (Euronext: TIE) with offices in the Netherlands (HQ), France, Germany, Australia, and the United States.  For more information, visit www.TIEKinetix.com, and follow us on LinkedinTwitterFacebookXing, and YouTube.

Submitted by Investor Relations on Wednesday, January 18, 2023. 

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