VANCOUVER, Jan. 28, 2015 /CNW/ - TIO Networks Corp. (TSX-V: TNC) ("TIO" or "TIO Networks" or the "Company"), is pleased to announce the election of Brett Baris as a Director of the Company at its Annual General Meeting held on January 23, 2015 in Vancouver, BC.
Mr. Baris is the Board representative of Inter-Atlantic Fund II, L.P. who is a material shareholder of TIO Networks. He is a Partner of IA Capital Group, where he has been employed since 1998. Mr. Baris is responsible for sourcing, analyzing, negotiating, structuring and monitoring private equity investments, and is a member of its investment committee. Prior to joining IA Capital Group, he spent two years as an analyst in the Financial Institutions Group of Salomon Smith Barney Inc. Mr. Baris holds a B.A. in Economics, magna cum laude, from Tufts University and an M.B.A. from Columbia Business School.
"We are pleased to welcome Brett Baris to the TIO Board," said Hamed Shahbazi, CEO of TIO Networks. "Brett's experience in financial technology investing will be very helpful to the Company's ongoing M&A program."
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About TIO Networks
TIO 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. Visit: www.TIOnetworks.com. Join the conversation: www.twitter.com/tionetworks or Like us: http://www.facebook.com/tionetworks.
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The statements made in this news release may contain forward-looking statements that may involve a number of risks and uncertainties. Actual events or results could differ materially from TIO's expectations and projections.
SOURCE TIO Networks Corp.
For further information: John Lewis, Business Development - TIO Networks, 416-523-7086; [email protected]