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For Immediate Release
December 7, 2001
From the bluegrass of Lexington, KY, to the plains of Altoona, Iowa:
Info Touch and Post Time Technologies to Connect Horse Racing Enthusiasts with Cutting Edge Technology Solutions
Burnaby, BC, December 7th, 2001 – Ever been to a race track and just felt like you are not prepared or that it would be great if you were just a little more informed? Not to worry. Thanks to the collaborative efforts of Info Touch Technologies, the world’s premiere clicks n’ mortar solution provider (IFT: CDNX), and Post Time Technologies, the premier on-site and internet solutions provider for the racing industry www.posttimetech.com you will have dynamic access to critical race and horse specific data right at the track level. Specifically, racing fans and professionals will have real time access to latest information on past performances, digital race replays combined with photo finishes, results and more. This rich smart media is served up from Post Time’s state-of-the-art servers and distributed through Info Touch’s best-in-class public access delivery platform, Surfnet Premiere.
Although the collaborative product revels in sophistication, the business model is simple: Info Touch and Post Time will garner multiple streams of recurring revenues by monetizing (i.e. deriving revenue from) content and transaction oriented revenue. The potential for the Infotouch-Post Time strategic alliance is very significant considering that the global Pari-Mutuel (racing) industry annually generates over $100 Billion U.S.
“We are pleased to partner with Post Time and develop the world’s first race track information kiosk”, said Info Touch Chairman and Chief Executive Officer, Hamed Shahbazi. “Info Touch and Post Time’s shared value proposition is not only to deliver time sensitive information at the point of influence but also to earn transactional income in the process”.
Hardave Gill, President of Post Time Technologies "We're very excited to be working even closer with InfoTouch Technologies. The synergy between our two companies has made for a wonderful working relationship, strengthened even more so today with the signing of this Strategic Alliance.”
About Info Touch
Info Touch, North America’s leading kiosk technology company, creates Internet-based kiosk applications to extend the reach and product offerings of traditional bricks-and-mortar businesses. Established in 1997, Info Touch delivers its superior public access kiosk technology by identifying and exploiting opportunities that exist between traditional businesses and online ventures. Current Info Touch clients include Cable and Wireless (Caribbean), MCI WorldCom, Telecom Mexico, Telmex, Chapters Indigo Bookstore, Future Shop / Best Buy, Macs/Couchetard, Chase Manhattan Bank, the U.S. Army, Marines Corps and Navy.
About Post Time Technologies
Founded in 1997, Post Time Technologies is the proud developer of the RaceVisionÔ, TrackVisionÔ and SalesStreamÔ information systems. With a client list that includes the most recognizable, most prestigious racetracks in North America (Keeneland, Churchill Downs, Santa Anita Park and Gulfstream Park, to name a few) Post Time is considered the premier provider of information systems both at the track, and on the Internet.
For more information please contact:
Info Touch Technologies Corp.
Behshad Hastibakhsh, Media Relations
Tel: 604-298-4636, Ext. 250
Toll Free: 888-679-3322
Linear Capital Corp.
John Lewis, Investor Relations
Toll Free: 877-600-6001
Post Time Technologies
Hardave Gill, President