TIO Networks Wins Cantech TSX.V Tech Stock of the Year and Executive of the Year Awards

TIO wins in both categories for the second consecutive year

TORONTO, Jan. 27, 2016 /CNW/ - TIO Networks Corp., (TSX-V: TNC) ("TIO"), North America's leading multi-channel bill payment and receivables management technology provider, is proud to announce the acceptance of Cantech Letter's 2015 TSX.V Tech Stock of the Year award, and CEO Hamed Shahbazi the Cantech Letter TSX Venture Executive of the Year award. This is the second year in a row TIO has received both prestigious awards.

The Cantech Investment Conference is the ultimate showcase for Canadian technology development and investor opportunities. It brings together top investors, thought leaders, and influential executives from Canada's fastest-growing companies.

Both awards were determined based on a vote cast by over 30 industry analysts who cover Canadian tech stocks. Winners were announced at the annual Cantech Awards Gala held last night in downtown Toronto at the Metro Toronto Convention Center.

"It's truly an honour for TIO to be recognized alongside some of the country's most esteemed tech companies and to be regarded as one of Canada's most important tech stocks on the TSX Venture," said Hamed Shahbazi, Chairman and CEO of TIO Networks. "We are coming off an exceptional year and our strongest fiscal quarter on record. We look forward to continuing our progress in 2016."

About TIO Networks
TIO Networks is a cloud-based bill payment processor serving the largest telecom, wireless, cable, and utility bill issuers in North America. With more than 65,000 endpoints, TIO symbolizes fast, convenient and secure bill payment services.

For more information on TIO visit: www.tionetworks.com or join the conversation on Twitter and Facebook.

The TSX Venture Exchange has not reviewed this news release and does not accept responsibility for its adequacy and accuracy.            

This news release contains forward-looking statements that involve risks and uncertainties, which may cause actual results to differ materially from the statements made. Potentially, many factors could cause our actual results to vary materially from those described herein as intended, planned, anticipated, or expected. TIO Networks Corp. does not intend and does not assume any obligation to update these forward-looking statements.

SOURCE TIO Networks Corp.

Brix Media Co.: Ryan Tessier, 604-558-1656, [email protected]; TIO Networks: John Lewis, Investor Relations, 416-523-7086, [email protected]