TIO Networks activates 2000th location

Burnaby, Canada — TIO Networks Corp. announced the activation of its 2000^th location.

TIO Express, the company's clerk-assisted payment program has contributed to the aggressive expansion of TIO locations due to its cost-effective deployment model and rapid absorption among a number of TIO's clients. TIO Express enables location partners to cost effectively leverage TIO's real time Internet-based bill payment processing gateway and accept payment for time sensitive services.

"Considering it took the company over four years to reach its 1000^th location milestone, we are very pleased with having reached our 2000 location milestone in just a few additional months," said Hamed Shahbazi, chairman and CEO of TIO Networks Corp.

TIO is actively deploying to new locations and expanding existing territories through TIO Networks and third-party funded self-serve kiosks and hybrid ATM devices.