TIO is the leading multi-channel expedited bill payment processor serving the largest Telecom, Wireless, Cable and Utility bill issuers in North America.
The company leverages its core competencies in self-service bill payment processing, financial services aggregation and automation to generate revenue for its network and location partners. With over 17,500 endpoints to its processing network, TIO symbolizes fast, convenient and secure access to expedited payment services and financial services. For more information, please visit www.tionetworks.com
2) Fast Facts
Shares Outstanding (Basic) 46.1 MM Shares Outstanding (FD) 50.2 MM Insiders 16% Hewlett-Packard 7.5% Fiscal 2008 Revenue: $13.7 MM Fiscal 2009 (9 mths) $16 MM
Outlook The economic downturn in the US economy is leading to behavioral changes with consumers looking for more cash based expedited payment services to manage their cash flow. The growing demand for TIO’s portfolio of expedited payment products has led to an increase in both transactions and profit margins. This in turn is creating business momentum for the Company’s services within the payment industry and will drive network growth through 2009.
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