TIO announces preliminary Fiscal Q4 2014 US$

Transactions More Than Triple Year-Over-Year due to significant Organic and Inorganic Growth

VANCOUVER, Sept. 30, 2014 /CNW/ - TIO Networks Corp., (TSX-V: TNC) ("TIO"), North America's leading multi-channel bill payment financial processor and technology provider today announced preliminary transaction volumes for the fiscal fourth quarter and year ended July 31, 2014.


Q4 2014

Q3 2014

Q4 2013

Q/Q Growth

Y/Y Growth

Transaction Revenue (USD)

$                 17,431,301

$                 11,079,574

$                   9,340,421

57.3%

86.6%

Transaction Revenue (CAN)

$                 18,836,305

$                 12,242,723

$                   9,624,284

53.9%

95.7%

Transactions

10,902,127

8,933,868

3,415,950

22.0%

219.2%

Gross amount processed by Tio (USD)

$           1,312,354,724

$           1,205,629,073

$              257,729,840

8.9%

409.2%

Gross amount processed by Tio (CAD)

$           1,418,133,600

$           1,332,197,680

$              265,562,460

6.5%

434.0%

All figures are preliminary and subject to adjustment and will be confirmed when TIO formally reports its fiscal fourth quarter and year ended July 31, 2014 audited financial results. All operating statistics reflect fully consolidated operations.

About TIO Networks:

TIO Networks is a cloud-based bill payment processor serving the largest telecom, wireless, cable and utility bill issuers in North America.  With more than 65,000 endpoints, TIO symbolizes fast, convenient and secure bill payment services. Visit: www.TIOnetworks.com.  Join the conversation on www.twitter.com/tionetworks or Like us on www.facebook.com/TIONetworks.

The TSX Venture Exchange has not reviewed this news release and does not accept responsibility for its adequacy and accuracy.

This news release contains forward-looking statements that involve risks and uncertainties, which may cause actual results to differ materially from the statements made.  Potentially, many factors could cause our actual results to vary materially from those described herein as intended, planned, anticipated or expected.  TIO Networks Corp. does not intend and does not assume any obligation to update these forward-looking statements.

SOURCE: TIO Networks Corp.

For further information: Business Contacts: John Lewis, Business Development - TIO Networks, 416-523-7086, jrlewis@tionetworks.com; Richard Cheung, CFO - TIO Networks, 604-298-4636 x265 richard.cheung@tionetworks.com; Investor Contact: Dave Fore, Director of Research, Hayden IR, (206) 395-2711, dave@haydenir.com; PR Contact: Jennifer Maloney, Yulu PR, 604-558-1656, jennifer@yulupr.com

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