TIO Networks to provide Best Buy in-store Expedited Bill Payment Services

- Consumers to conveniently pay their wireless, utility, cable and other bills at automated self-serve kiosks in Best Buy's Retail Stores -

VANCOUVER, Jan. 15 /CNW/ - TIO Networks Corp., (TSX.V-TNC), North America's leading multi-channel expedited bill payment processor today announced a strategic alliance with Best Buy Co., Inc. (NYSE: BBY) to roll out self-service bill payment and financial service kiosks to Best Buy Stores across the United States.

The first kiosk systems have already been rolled out and activated in the Phoenix, Las Vegas, Atlanta, and Miami markets. Best Buy customers in these markets can now make expedited bill payments on their wireless, utility, cable and other accounts through the touchscreen and Internet enabled kiosks.

The cash and debit accepting kiosks are positioned strategically in each store to offer Best Buy's wireless customers convenient access to wireless and other bill payment services.

TIO bill payment is a fast, secure and convenient way to access bill payment accounts, view balances without the need to have account information present and pay bills in cash. Payments are made by feeding the cash directly into the TIO terminal's note acceptor or by using a debit card (available on select billers). Once the payment is accepted, TIO uses an Internet link to ensure timely posting of the payment. Best Buy customers can navigate through TIO applications in either English or Spanish and complete financial transactions by either printing or emailing their receipt to an email address of their choice.

"We are thrilled to provide the retail chain with the largest volume of wireless customer activations the opportunity to offer bill payment services as an extension of the wireless services", said Hamed Shahbazi, Chairman and CEO of TIO Networks. "Consumers who pay bills in person have traditionally tended to pay such bills in the same location where they acquired their phones. With this initiative, Best Buy now offers a full complement of expedited bill payment services for the nation's largest wireless operators."

About 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 20,000 location endpoints to its processing network, TIO symbolizes fast, convenient and secure access to expedited payment services. www.TIOnetworks.com

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

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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, (877) 954-6327, Email: jrlewis@TIOnetworks.com


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