~ Mobilicity customers benefiting from convenient access to expedited bill-payment services through TIO's innovative multi-channel bill payment network ~
VANCOUVER, May 25 /CNW/ - TIO Networks (TSX V: TNC)("TIO"), North America's leading multi-channel expedited bill payment processor, has announced a multi-year exclusive agreement to provide real-time consumer bill payment service for Mobilicity customers.
Mobilicity launched its unlimited 3.5G network in the Greater Toronto Area earlier this month, and will expand to Vancouver, Edmonton, Calgary and Ottawa later this year. The new wireless carrier's GTA distribution network is comprised of approximately 250 dealer stores that utilize "TIO Express," TIO's PC-based point of sale software and processing solution, to process payments through TIO's real-time Internet-based gateway. When a payment is made, TIO Express registers and records the transaction. TIO Express also provides a host of reports and management functions to help the dealers manage their payments business.
"Our partnership with TIO allows customers to quickly and conveniently pay for their Mobilicity plans and services at any one of our hundreds of Mobilicity dealers across the GTA," said Mobilicity's Chief Operating Officer Stewart Lyons. "From a business perspective, outsourcing our in-store payment system to TIO also gives us the proven and reliable front-office functionality we need to run our growing network of exclusive and non-exclusive dealers."
"This agreement paves the way for TIO to enter the Canadian market and replicate its highly successful real time wireless bill payment service for Mobilicity's last-minute and pay-in-person customers," said Hamed Shahbazi Chairman & CEO of TIO Networks Corp. "TIO provides similar services for some of the largest wireless, cable and utility companies in the United States."
About TIO Networks Corp.
TIO is a leading multi-channel expedited bill payment processor serving the largest Telecom, Wireless, Cable and Utility bill issuers in North America. With over 21,000 endpoints to its processing network, TIO symbolizes fast, convenient and secure access to expedited payment services. www.TIOnetworks.com.
About Mobilicity (DAVE Wireless)
Mobilicity, Canada's UNLIMITED 3.5G mobile operator, provides city-based consumers with simple, value-packed talk, text and data plans on its state-of-the-art, unlimited 3.5G network - without contracts, credit checks or hidden charges. Formerly known as Data & Audio Visual Enterprises Wireless Inc. (DAVE Wireless), the company is led by Obelysk, a diversified Canadian holding company, and Quadrangle Capital Partners, a global investor in the telecommunications and media sectors with more than $3 billion of capital under management. Mobilicity was recently named one of Canada's Top 25 Up and Coming Information & Communication Technology start-ups by the Branham Group Inc. Further information about Mobilicity can be found at www.mobilicity.ca.
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SOURCE TIO Networks Corp.
For further information: 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