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TIO Network signs agreement to provide Bill payment services at Circle K locations in Arizona

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MLGW to launch new, convenient payment service at area Tigermarkets
Partnership with Info Touch Technologies to bring accessibility to all neighborhoods

Burnaby, BC, October 5, 2004

Citing a tremendous opportunity to enhance its accessibility and provide customers with additional payment options, Memphis Light, Gas and Water Division has teamed with Info Touch Technologies (IFT: TSX Venture) to launch a new service that now allows the utility’s 421,000 customers to pay their bills at some 34 Exxon Mobil Tigermarket locations in the Memphis metropolitan area.

MLGW customers can now make real-time, self-serve automated bill payments, 24-hours-a-day, through the E-Wiz Kiosk Network located in area Tigermarkets. Transactions may be securely completed in English or Spanish, and all payments will be immediately posted to the customer’s account. At this time, the touchscreen kiosks will accept cash payments only. Info Touch Technologies will collect from customers a $1 processing fee for each transaction; MLGW does not receive any revenue from this fee.

Utility officials say the new service is just one of several initiatives underway to enhance the service it offers to customers. “We’re very excited about this new service and the unprecedented convenience it offers our customers,” said MLGW President and CEO Joseph Lee, III. “MLGW and Info Touch share a common vision for utilizing the latest in technology to make fast, easy and cost effective bill payment services accessible in every neighborhood.”

Lee believes that the new E-Wiz kiosk payment services at local Tigermarkets will strengthen MLGW’s relationships with its customers by providing yet another avenue for its customers to access the utility. MLGW offers a number of additional payment options, including online and by telephone. Customers can also pay their bills at any of the utility’s five community offices and at several area businesses such as grocery stores and pharmacies that serve as MLGW paying agents.

Powered by Info Touch’s industry leading Surfnet Premiere software, these kiosks are making available a growing list of valuable services such as other post paid bill payment opportunities, prepaid PIN-based products and services (including ring tones and games), maps and directions and other financial and communication related services.

“This latest application underscores Info Touch’s drive to maximize the availability of high volume in-demand consumer applications for each and every kiosk network on both a regional and national scale.” said Hamed Shahbazi Chairman & CEO of Info Touch Technologies Corp.

About Memphis Light, Gas and Water
Memphis Light, Gas and Water is the nation’s largest three-service municipal utility and serves nearly 421,000 customers in Shelby County. Since 1939, MLGW has met the needs of Memphis and Shelby County residents by delivering reliable and affordable electricity, natural gas and water services.

Electricity is supplied to MLGW by the Tennessee Valley Authority, while natural gas is transported by two open access pipeline companies, Texas Gas Transmission Corporation and CMS Trunkline Gas Company. Memphis receives its water from one of the largest artesian water systems in the world, which is owned and operated by MLGW. For more information, visit www.mlgw.com.

About Info Touch Technologies
Info Touch Technologies provides software and personal financial services through secure kiosk networks. Surfnet is Info Touch’s trademarked technology for the secure and convenient delivery of e-services, including but not limited to bill payment, wireless Internet access, maps and directions, money transfer, PIN dispensing for pre-paid products and services, electronic couponing, video/text/photo e-mail and general Web-browsing. For more information, visit www.infotouch.net.

About E-Wiz
E-Wiz is a joint Exxon Mobil and Info Touch initiative designed to offer convenience store patrons with convenient access to bill payments, prepaid products and services and other financial services. Its practical services help patrons save time by running their errands while making a trip to the pump or the local Exxon Mobil convenience store. Currently, the kiosks can be found in most Exxon Mobil Tigermarkets throughout the Metro Memphis area. New deployments to other cities are expected by the new year.

For more information please contact:

MLGW
Mark Heuberger, Manager of Corporate Communications
Tel.: 901.528.4491
Email: mheuberger@mlgw.org

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. (Investor Relations - Info Touch Technologies Corp.) John Lewis
Tel: 416-364-2266
Toll Free: 1-877-600-6001
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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