News

Info Touch offering joint investment opportunities

September 22, 2002

BURNABY, British Columbia -- Info Touch Technologies Corp. (TSX Venture Exchange: IFT) is looking for investors in its selected e-service kiosk networks.

The security and management software solutions provider is launching a Joint Investment Opportunity (JIO) program targeting corporations and small businesses, according to a company news release. Under the program, businesses will partner with Info Touch and its wholly owned subsidiary, Clicks and Mortar Media Inc.

Info Touch plans to use the JIO to expand its North American and European-based kiosk networks in high traffic locations such as convenience stores, military bases and airports. The networks provide public access to video e-mail, video teleconferencing, bill payment, couponing, mapping solutions and other e-services, according to the release.

Info Touch's chief marketing officer, Joseph Nakhla, said the move is consistent with the company's vision to deploy kiosk networks and derive recurring revenue streams from them.

"Together, we will usher in the next phase of the self-serve revolution as Internet kiosks follow the lead of ATMs and become visible on street corners everywhere," Nakhla said in the release.

[Editor's note: Info Touch Technologies became Tio Networks in April 2006.]