TIO Networks Corp. announced its partnership with iFactor Consulting. The partnership will intersect TIO's bill payment industry expertise with iFactor's communications and mobile technology and expand both companies' offerings to their respective customer bases.

TIO Networks Corp. reported earnings results for the second quarter and six months ended January 31, 2013. For the quarter, the company reported revenue of CAD 10,169,980 compared to CAD 10,713,063 a year ago. Revenue was primarily derived from its retail point-of-sale over-the-counter segment, which accounted for 81% of total revenue for the year versus 96% one year ago. EBITDA excluding stock based compensation was CAD 175,000 compared to CAD 468,000 a year ago. Operating cash flow was CAD 77,461 compared to CAD 314,403 a year ago. Net income was CAD 16,288 compared to CAD 169,291 a year ago. The company generated approximately CAD 77,000 in positive cash flow from operating activities For the six months, the company reported revenue of CAD 20,651,193 compared to CAD 21,200,230 a year ago. EBITDA excluding stock based compensation was CAD 412,000 compared to CAD 766,000 a year ago. Operating cash flow was CAD 814,716 compared to CAD 662,491 a year ago. Net income was CAD 46,868 compared to CAD 181,038 a year ago.

TIO Networks Corp. announced it has partnered with Mobilicity, to develop and release a native smartphone-based account payment app for Mobilicity customers. The app is available in the Google Play Store. The My Mobilicity Payment App supports Android smartphones, allowing customers to conveniently view their account balance and due date, securely pay their monthly fees or top-up their My Wallet account with any Visa, MasterCard or American Express credit card. It also allows users to view their app payment history, review payment receipts, and find the nearest authorized Mobilicity location.