TIO Networks extends deal with ExxonMobil

BURNABY, British Columbia—TIO Networks Corp. has extended its five-year strategic alliance with ExxonMobil through 2012.

The relationship began in 2004.

Under the terms of the agreement, TIO Networks will roll out the TIO services through the E-WIZ branded kiosks and hybrid ATMs in all corporate On the Run and Tigermarket stores. The deployment is expected to be substantially complete by the end of 2007.

TIO's self-service program also will be available to ExxonMobil's franchise dealers and distributors, who will now have the ability to purchase E-WIZ systems and derive recurring revenues from consumer-driven transaction fees.

E-WIZ is an ExxonMobil branded self-service automated bill payment and financial service kiosk program that empowers customers to securely and conveniently pay their wireless, cable, utility and other bills in cash; purchase prepaid products, gift cards, prepaid MasterCard, purchases and reloads; and benefit from additional value added financial services.