Info Touch News Releases
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November 1, 2005
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October 10, 2005
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September 22, 2005
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September 15, 2005
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August 29, 2005
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August 2, 2005
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July 12, 2005
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June 15, 2005
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May 10, 2005
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May 2, 2005
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April 8, 2005
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March 28, 2005
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March 17, 2005
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March 17, 2005
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March 8, 2005
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March 2, 2005
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February 24, 2005
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January 27, 2005
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January 24, 2005
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January 17, 2005
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December 17, 2004
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December 16, 2004
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December 2, 2004
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December 1, 2004
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October 27, 2004
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October 12, 2004
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October 5, 2004
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September 27, 2004
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September 17, 2004
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August 24, 2004
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August 13, 2004
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June 28, 2004
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June 16, 2004
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June 15, 2004
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May 31, 2004
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May 4, 2004
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April 5, 2004
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March 31, 2004
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March 25, 2004
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March 19, 2004
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December 30, 2003
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November 12, 2003
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October 20, 2003
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October 14, 2003
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September 4, 2003
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August 7, 2003
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July 22, 2003
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June 27, 2003
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June 26, 2003
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June 17, 2003
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June 11, 2003
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May 27, 2003
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April 2, 2003
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March 31, 2003
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February 20, 2003
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January 28, 2003
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January 21, 2003
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January 7, 2003
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December 18, 2002
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October 16, 2002
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September 23, 2002
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September 16, 2002
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September 10, 2002
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August 26, 2002
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August 22, 2002
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August 19, 2002
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July 3, 2002
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July 2, 2002
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June 18, 2002
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June 11, 2002
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May 23, 2002
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May 8, 2002
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April 17, 2002
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April 9, 2002
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April 4, 2002
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April 2, 2002
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March 20, 2002
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March 7, 2002
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February 19, 2002
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February 6, 2002
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January 31, 2002
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January 30, 2002
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January 24, 2002
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January 2, 2002
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December 14, 2001
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December 7, 2001
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December 7, 2001
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Novemer 29, 2001
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Novemer 27, 2001
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Novemer 15, 2001
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October 30, 2001
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October 19, 2001
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October 16, 2001
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September 5, 2001
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July 9, 2001
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June 27, 2001
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June 26, 2001
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May 17, 2001
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May 9, 2001
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April 18, 2001
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April 16, 2001
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March 27, 2001
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February 21, 2001
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February 6, 2001
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January 23, 2001
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January 19, 2001
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December 22 (a), 2000
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December 22 (b), 2000
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December 5, 2000
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November 7, 2000
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October 25, 2000
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October 17, 2000
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October 2, 2000
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September 25, 2000
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July 17, 2000
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July 14, 2000
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July 12, 2000
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July 7, 2000
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July 5, 2000
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July 4, 2000
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June 29, 2000
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June 7, 2000
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May 15, 2000
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May 10, 2000
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May 4 (a), 2000
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May 4 (b), 2000
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April 17, 2000
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April 7 (a), 2000
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April 7 (b), 2000
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March 23, 2000
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March 21, 2000
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March 15, 2000
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February 22, 2000
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February 21, 2000
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February 10, 2000
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February 9 (a), 2000
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February 9 (b), 2000
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February 1, 2000
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January 18, 2000
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INFO TOUCH TECHNOLOGIES
FINANCIAL RESULTS FOR Q1, 2003
--Gross Profit Margins Surge to 69%--
Burnaby, BC, January 7, 2003
Info Touch Technologies (www.infotouch.net) (IFT: TSX Venture Exchange) today announced operating results for the first quarter ended October 31, 2002. The Company reported a substantial increase in gross profit margins to 69% of revenue from 33% one year ago. This increase stems from the Company's new business model that entails the sale of software, media and professional services, recurring transactional and service based revenue and the outsourcing of hardware related sales. While the shift away from mainly kiosk system sales did result in a decrease in revenue to $684,822 from $1,241,030 one year ago, it brought the Company closer to profitability by narrowing its quarterly loss to $62,485 from $267,134.
"As seen from the quarterly figures the Company is on track in executing its business model, stated Hamed Shahbazi, Chairman and Chief Executive Officer of Info Touch. "Going forward, we are confident that we are well positioned to realize our goal of sustained profitable growth."
Following the dotcom collapse and slowdown in the technology sector the Company implemented a new business model based on software, transactional and service related revenue. In September 2001, Info Touch received a strong vote of confidence in its new business model when Compaq, now part of Hewlett Packard, concluded a financial strategic investment in the Company. In 2002, the Company established a firm strategic relationship with ConocoPhillips, one of the largest retail convenience store operators in the United States. Furthermore, the Company was successful in forging a relationship with a major US wireless operator for a highly successful self-service automated bill payment application. This combination of best in class technology partners, sizeable retail real estate landlords and recurring revenues has now set a firm foundation for Info Touch to grow its business.
The company is pleased to announce its Annual General Meeting will be held in Vancouver on Friday January 10 2003, at 2:00pm at the company's offices located at 450 - 4170 Still Creek Dr, Burnaby, BC.
About Info Touch
Info Touch is North America's leading provider of kiosk software based security and management solutions. Surfnet Premiere, its flagship software platform, is the Fortune 1000's preferred solution for public Internet access. Established in 1997, Info Touch provisions premiere kiosk technology solutions that help drive bottom-line benefits through the convergence of online and offline operations. Info Touch clients include: Cable and Wireless (Caribbean), Telmex, Chapters Indigo, Future Shop / Best Buy, Macs/Couchetard, ConocoPhillips, KB Home, Fairmont Hotels, Chase Manhattan Bank, Merrill Lynch / HSBC, the U.S. Army, Marines Corps and Navy.
INFO TOUCH TECHNOLOGIES CORP.
Behshad Hastibakhsh, Media Relations
Tel: 604-298-4636, Ext. 250
Toll Free: 888.679.3322
Email: pr@infotouch.net
LINEAR CAPITAL CORP.
John Lewis, Investor Relations
Tel: 416-364-2266
Toll Free: 877-600-6001
Email: jrlewis@linearcapital.com
The TSX Venture Exchange has not reviewed this news release and does not accept responsibility for its adequacy and accuracy.
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