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News  
TIO Networks releases financial results for period ending April 2008 01 Jul 2008 Huliq News: TIO Networks, a self-service bill payment and financial services network, has released its financial results for the period ending April 2008. According to a release, the number of revenue generating transactions increased 27 percent to 1,415,220, compared to 1,114,860 for the same period last year, and improved by 36,817 transactions, or 3 percent, over the previous quarter. Total recurring revenue for the quarter, including transaction services and maintenance/licensing services revenue, increased 3 percent and accounted for $3,441,953, or 98 percent, of total revenue, compared to $3,355,835, or 92 percent, for the quarter ended April 30, 2007.
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