"New multi-year agreement expands scope of service offerings as well as number of locations." TEMPE, AZ and BURNABY, BC, Aug. 29 /CNW/ - Circle K Stores Inc. (www.circlek.com) (ATD: TSX) and Info Touch Technologies Corp. (www.infotouch.net) (IFT: TSX Venture Exchange) today jointly announced a new multi-year agreement to continue to grow the Zaplink program not only in the number of locations but also in terms of the services provided. Zaplink is Circle K's branded self-service automated kiosk that provides convenience store patrons the ability to pay wireless, cable, utility and other bills in cash, purchase prepaid products and services, transfer money, browse the Internet and perform a variety of other functions. Circle K and Info Touch have developed a recurring revenue model, driven primarily by customer funded transaction fees mainly from bill pay applications. In July 2005, Circle K customers engaged in more than 75,000 Zaplink transactions. Info Touch is working to add new billers, pre-paid products and other financial services to serve more of Circle K's customers' needs. "Zaplink is a key element in our strategy to deliver self-serve financial services to the more than two million customers who visit us each day in a fast, convenient, and hassle-free manner", said Dan Stiel, Manager of Financial Services of Circle K Stores, Inc. "Info Touch has been a partner in this development for more than four years and is well-qualified to help us deliver our vision into the future." "We are very pleased to have Circle K as marquee partner in our TIO Network", said Hamed Shahbazi, Chairman and CEO of Info Touch Technologies. "Circle K has been an excellent partner in the development, refinement and implementation of Zaplink". There are currently approximately 194 Zaplink kiosks deployed in 5 states. Both companies' objective is to not only grow the number of locations but also the selection of billers and other financial services available. About Info Touch Info Touch Technologies, a strategic investment of Hewlett Packard, is building the "TIO Network" the largest and most convenient national multi- retailer network of financial services kiosks for the non-banked consumer marketplace in North America. 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 and electronic coupons. Info Touch clients include: Circle K/Alimentation Couche- Tard, ExxonMobil, Speedway SuperAmerica, Cricket Communications, COX Communications, Memphis Light Gas and Water (MLGW) and Qwest Communications. www.infotouch.net. About the TIO Network The "TIO Network" is the largest national multi-retailer network of self- service financial service kiosks in North America. Services offered under the TIO brand umbrella are tailored specifically towards the non-banked consumer marketplace. The TIO brand provides a beacon that symbolizes fair, convenient and secure access to financial services for non-banked consumers. About Circle K Stores Inc. Circle K Stores Inc. is a wholly-owned subsidiary of Alimentation Couche-Tard Inc., the leader in the Canadian convenience store industry. In North America, Couche-Tard is the fourth largest convenience store operator and the second largest independent (not integrated with a petroleum company) convenience store operator. The Company currently operates a network of 4,898 convenience stores, 3,073 of which include motor fuel dispensing, located in eight large geographic markets, including three in Canada and five which cover 23 American states in the United States. Some 34,000 people work at Couche-Tard's executive offices and throughout the network. The TSX Venture Exchange has not reviewed this news release and does not accept responsibility for its adequacy and accuracy.
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