For the quarter the company reported revenue of $714,084 versus $1,028,982 for the corresponding period one year ago. Nine month revenue increased to $2,749,480 from $2,734,590 for the corresponding period ended April 30, 2001. The gross profit margins for the quarter and the nine month period improved to 50% from 31% and 42% from 32% respectively. The gross profit for the nine-month period ended April 30, 2002 is $ 1,161,612 representing a 32% increase over the gross profit of $877,067 for the corresponding period ended April 30, 2001.

Operating expenses for the three-month period to April 30, 2002 were $ 652,477, versus $526,615 during the same period one year ago. Included in these costs were extraordinary costs of approximately $70,000 associated with moving expenses and commissions to sell inventory. Overall, for the nine month period the company lowered operating expenses by 16% to $2,088,987 representing a $408,936 decrease in operating expenses for the corresponding period one year ago. The loss for the quarter and nine month period were $248,459 and $871,692 respectively.

In this quarter the Company continued its marketing program and the development of business relations with larger multi-location clients such as Phillips Petroleum/TOSCO, and Macs/Couchetard,. In addition, the Company has continued to develop its kiosk management and logistic services to enhance its revenue streams, and is continuing its efforts to develop its network of kiosks as a gateway for its monetization / advertising division. Management continues to develop its growth strategy based on recurring revenue streams from co-capitalization agreements and the sharing of revenue generated from usage as well as monetization of content / advertising. The company's wholly owned subsidiary, Clicks and Mortar Media Inc. (CMMI) nearly tripled its previous quarter's growth rate and is positively affecting the Company's profitability. Management believes that this trend will continue.

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 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. Current Info Touch clients include Cable and Wireless (Caribbean), MCI WorldCom, Telmex, Chapters Indigo, Future Shop / Best Buy, Macs/Couchetard, Phillips Petroleum, 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. Contact
(Investor Relations - Info Touch Technologies Corp.)
John Lewis
Tel: 416-364-2266
Toll Free: 1-877-600-6001
Email: jrlewis@linearcapital.com

The CTSX Venture Exchange has not reviewed this news release and does not accept responsibility for its adequacy and accuracy.

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