TIO networks Q2 2011 US$ transaction revenue Increases 67%

"34 Consecutive Quarters of Transaction Growth"

VANCOUVER, Feb. 23 /CNW/ - TIO Networks Corp., (TSX-V: TNC), North America's leading multi-channel expedited bill payment network today reported transaction volumes for the second quarter ended January 31, 2011.

Quarter Transactions Transaction Revenue ($US) % Growth in US Dollars vs. Q2/2011 Transaction Revenue ($CAN) % Growth in CDN Dollars vs. Q2/2011
Q2/2011 3,849,991 $8,564,865 N/A $8,605,477 N/A
Q1/2011 3,618,969 $8,254,710 3.8% $8,507,533 1.2%
Q2/2010 2,031,393 $5,119,733 67.3% $5,383,804 59.8%

All figures are preliminary and subject to adjustment that will be confirmed when TIO reports its 2011 second quarter financial results.

TIO Networks Corp.

TIO is the leading multi-channel expedited bill payment processor serving the largest Telecom, Wireless, Cable and Utility bill issuers in North America. With over 25,000 endpoints to its processing network, TIO symbolizes fast, convenient and secure access to expedited payments.

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

SOURCE TIO Networks Corp.

For further information:

Behshad Hastibakhsh, Media Relations - TIO Networks    
Tel:  604.298.4636, Ext. 250     
Toll Free: 888.679.3322
Email:  pr@TIOnetworks.com

John Lewis, Business Development - TIO Networks
Tel:  416-364-2266
Toll Free: 877-954-6327
Email:  jrlewis@TIOnetworks.com


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