October 28, 2006TIOnetworks hits 1,000 automated billpayment kiosk markTIOnetworks press release notes that with new deployment of 27 stations, they have surpassed the 1,000 mark. The TIO machine has core billpayment services such as Cricket and blends additional services into the machines depending on the client and location. These machines tend to serve what is referred to as the underbanked and/or unbanked market. One of the predecessors is the original Cricket iteration. “Breaking the 1000 kiosk mark gives TIO the critical mass to be truly recognized as a National Network ,” said Hamed Shahbazi, Chairman and CEO of TIO Networks Corp. “This achievement along with the rapid growth in TIO Express is garnering great enthusiasm among consumers and our deployment partners. TIO will continue to pursue a disciplined but aggressive network expansion of its TIO services by leveraging its growing distribution options.” “Both TIO kiosks and TIO Express Experiencing TIO Networks Corp.,(TSX-V: TNC), owner of North America’s leading automated bill payment and financial services network, today announced the deployment of 27 self-serve automated kiosks in Cincinnati (Ohio), Lexington and Louisville (Kentucky). With these new deployments, TIO Networks has surpassed the key milestone of over 1000 deployed kiosks serving hundreds of thousands of customers in partnership with tier one convenience store chains and wireless retail outlets in 29 states. These touch screen cash accepting and authenticating kiosks enable cash paying customers to pay their wireless, utility, cable and other bills in real-time by inserting the cash directly to the terminal’s cash acceptor. Transactions are securely completed, and all payments are posted with time-sensitive urgency to the customer’s account. Customers have the option to print and/or e-mail their receipt. In addition, the Company has signed up more than 200 locations in the past 60 days to participate in “TIO Express” its clerk assisted payment program. These locations offer their patrons real-time bill payment services by leveraging TIO’s web processing client. The “TIO Express” program combines the convenience of in-person customer service with real-time posting to personal accounts. “Breaking the 1000 kiosk mark gives TIO the critical mass to be truly recognized as a National Network ,” said Hamed Shahbazi, Chairman and CEO of TIO Networks Corp. “This achievement along with the rapid growth in TIO Express is garnering great enthusiasm among consumers and our deployment partners. TIO will continue to pursue a disciplined but aggressive network expansion of its TIO services by leveraging its growing distribution options.” About TIO Networks Corp. TIO Networks Corp. is building the largest and most convenient national multi-retailer network of financial services kiosks for the ’cash preferred’ consumer marketplace in North America. With more than 1000 locations operating in partnership with top tier corporate-owned convenience store chains, the TIO brand symbolizes safe secure access to key financial services. For more information, please visit # # # FOR MORE INFORMATION CONTACT: Behshad Hastibakhsh, Media Relations – TIO Networks John Lewis, Business Development - TIO Networks
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