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For Immediate
Release December 7, 2001
CDNX:
IFT
Info Touch and Post Time
Technologies to Connect Horse Racing Enthusiasts with Cutting Edge Technology
Solutions Burnaby, BC, December 7th, 2001 – Ever been to a race track and just felt like you are
not prepared or that it would be great if you were just a little more
informed? Not to worry. Thanks to the
collaborative efforts of Info Touch Technologies, the world’s premiere clicks
n’ mortar solution provider (IFT: CDNX), and Post Time Technologies, the premier on-site and internet solutions provider
for the racing industry www.posttimetech.com
you will have dynamic access to critical race and horse specific data right at
the track level. Specifically, racing
fans and professionals will have real time access to latest
information on past performances, digital
race replays combined with photo finishes, results and more. This rich smart media is served up from Post
Time’s state-of-the-art servers and distributed through Info Touch’s
best-in-class public access delivery platform, Surfnet Premiere. Although the collaborative product revels in
sophistication, the business model is simple: Info Touch and Post Time will
garner multiple streams of recurring revenues by monetizing (i.e. deriving
revenue from) content and transaction oriented revenue. The potential for the Infotouch-Post Time
strategic alliance is very significant considering that the global Pari-Mutuel
(racing) industry annually generates over $100 Billion U.S. “We are pleased to
partner with Post Time and develop the world’s first race track information
kiosk”, said Info Touch Chairman and Chief Executive Officer, Hamed Shahbazi. “Info Touch and Post Time’s shared value
proposition is not only to deliver time sensitive information at the point of
influence but also to earn transactional income in the process”.
Hardave Gill, President of Post Time Technologies
"We're very excited to be working even closer with InfoTouch
Technologies. The synergy between our
two companies has made for a wonderful working relationship, strengthened even
more so today with the signing of this Strategic Alliance.” About Info Touch
Info Touch, North America’s leading kiosk
technology company, creates Internet-based kiosk applications to extend the
reach and product offerings of traditional bricks-and-mortar businesses. Established in 1997, Info Touch delivers its
superior public access kiosk technology by identifying and exploiting
opportunities that exist between traditional businesses and online
ventures. Current Info Touch clients
include Cable and Wireless (Caribbean), MCI WorldCom, Telecom Mexico, Telmex,
Chapters Indigo Bookstore, Future Shop / Best Buy, Macs/Couchetard, Chase
Manhattan Bank, the U.S. Army, Marines Corps and Navy. About Post Time Technologies
Founded
in 1997, Post Time Technologies is the proud developer of the RaceVisionÔ, TrackVisionÔ and SalesStreamÔ information systems. With a client list that includes the
most recognizable, most prestigious racetracks in North America (Keeneland,
Churchill Downs, Santa Anita Park and Gulfstream Park, to name a few) Post Time
is considered the premier provider of information systems both at the track,
and on the Internet. For more information please
contact: Info Touch Technologies Corp. Tel: 604-298-4636, Ext. 250 Toll Free: 888-679-3322 Email: pr@infotouch.net Linear
Capital Corp. John Lewis, Investor Relations Tel: 416-364-2266 Toll Free: 877-600-6001 Email: jrlewis@linearcapital.com
Post
Time Technologies Hardave Gill, President Tel: 604-609-9989 Email: hgill@posttimetech.com
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