UTA purchases interest in Touch-n-Buy

MIAMI, Fla. - Touch-n-Buy, an interactive tabletop kiosk for selling a variety of prepaid products and services, has announced in a news release that Union Telecard Alliance has purchased an interest in the Company.

Luis Arias, Touch-n-Buy's founder and chief executive officer, said "Union Telecard Alliance's investment in Touch-n-Buy further validates our decision to focus on the rapidly growing electronic distribution market. This partnership will enable Touch-n-Buy to expand its operation and deploy more units daily to meet and exceed the demands of its distributors/agents and their merchants nationwide."

"Looking into the future, retailers are relying more and more on electronic solutions to fulfill their prepaid category needs. I believe that Touch-n-Buy is that solution - it's user friendly, presents a larger variety of products and offers real-time options," explained Carlos Gomez, UTA's founder.