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 and Palm Desert National Bank Sign Financial and Cash Management Agreement
Burnaby, BC, December 01, 2004
Info Touch Technologies Corp. (“Company” or “Info Touch”) (TSX-V: IFT), North America’s leading kiosk software and services solution company, has entered into a number of agreements with Palm Desert National Bank’s Electronic Banking Solutions (PDNB-EBS) division to provide cash management services throughout its managed kiosk networks. Info Touch estimates that the outsourcing of this component of the business will reduce cash management service expenses by approximately 35% and is expected to have a positive impact on the Company’s financials.
Info Touch derives recurring revenues from the deployment and operation of kiosks in partnership with leading c-store retailers such as: Circle K, ExxonMobil and Mac’s/ Couche-Tard. Info Touch’s Premiere software (powered by Surfnet) is considered the preferred platform for the delivery of automated services for the convenience retail industry. As Info Touch has grown, the complexity of the cash management component if its’ business has increased significantly.
PDNB-EBS has been an expert in the ATM industry since 1994, developing customized solutions for Vault Cash, Cash Management, POS/ATM Network Sponsorship and ACH Origination. PDNB-EBS supplies and manages more than $750 million in Vault Cash and Cash Management services to over 13,500 ATMs and Advance Function Kiosks nationwide. PDNB’s offers comprehensive cash management solutions utilizing its proprietary TRAKKER SM Cash Management Software to automate cash and management functions.
“We are thrilled to partner with PDNB-EBS, the premier provider of cash services for the ATM and Kiosk industry”, said Hamed Shahbazi, Chairman and CEO of Info Touch Technologies. “This agreement places our cash management requirements in the hands of a nationally chartered financial institution and enhances our financial position.
Info Touch now has an experienced partner that can service our growth requirements, assist in reducing our expenses and free up management time to pursue its core objectives of growth and profit.”
“Info Touch is a known leader in the Kiosk industry and we are pleased to provide our cash management services to this dynamic young company. Info Touch’s dedication to providing quality products and services is consistent with PDNB’s commitment to the industry. We are pleased to be a part of the team and look forward to a positive business relationship,” said Sandra Hartfield, President and CEO, PDNB-Electronic Banking Solutions.
Conference Call: You are invited to attend a conference call on Thursday December 2, 2004 at 2:30pm Eastern Standard Time to review the release. The dial-in numbers are 416-640-4127 in Toronto, or, Toll Free 1-800-814-4860. Callers should request the Info Touch Technologies Conference.
About Info Touch
Info Touch Technologies, a strategic investment of Hewlett Packard, is the ‘outsourced category manager’ for automated services in the convenience retail and wireless industries. The Company provisions convenient cost effective solutions for bill payment processing, financial services aggregation, facilitation and self-service automation. Info Touch’s Premiere (powered by Surfnet) is the preferred software platform for the delivery of automated services such as bill payment, money transfer, digital merchandising, PIN dispensing for pre-paid products and services, maps and directions, check cashing, electronic couponing, etc. Info Touch’s clients include: Circle K, ExxonMobil, Alimentation Couche-Tard, Cricket Communications, Memphis Light Gas and Water (MLGW), Qwest Communications, etc. Visit www.infotouch.net.
About PDNB
PDNB is a locally owned independent community bank. PDNB is an active corporate citizen in its community, and has been serving the Coachella Valley for over 22 years, with branch offices in La Quinta, Palm Desert, and Rancho Mirage, California. PDNB is also a nationally chartered financial institution with assets exceeding $250 million. For more information, visit www.pdnb.com.
For further information, please contact:
Behshad Hastibakhsh, Media Relations
Info Touch Technologies
Tel: 604.298.4636, Ext. 250
Toll Free: 888.679.3322
Email: pr@infotouch.net
John Lewis Business Development - Info Touch Technologies
Tel: 416-364-2266
Toll Free: 1-877-600-6001
Email: jrlewis@infotouch.net
Gloria Grand – PDNB
Phone: 760-674-1432
ggrand@pdnb.com
Anar Patel - PDNB
Tel: 760-674-1417
apatel@pdnb.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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