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All Press Releases for August 28, 2002 Subscribe to this News Feed    
 

Info Touch and Kronofusion Aim to Cure the Unconnected with the AccessPoint Initiative

Vancouver, BC, Canada; Berlin, Frankfurt, Germany, August 26, 2002 -- Do you suffer from bandwidth separation anxiety? Is your shoulder sore because youve been lugging your PC all over the place? Dont fret, help is on the way. Thanks to an agreement between Info Touch Technologies Corp. (TSX Venture Exchange: IFT) and Kronofusion Technologies Inc. (TSX Venture Exchange: KRO; Berlin and Frankfurt Stock Exchanges: KFT, WKN: 541868), soon you will be able to have complete untethered access to your home or office PC from any public Internet access Surfnet or Zaplink kiosk. The companies plan to introduce the AccessPoint service on Info Touchs Circle K and Macs convenience store kiosks this winter as part of an initiative to bring ubiquitous access to local communities everywhere.

The business model for Info Touch and Kronofusion is simple: earn recurring streams of revenues from the subscription fees that are charged to users on a monthly basis. Users can sign up for a Surfnet AccessPoint" branded version of the service at participating Surfnet and Zaplink Internet terminals. The terminals will interactively demonstrate the service and take users through the sign-up process. Info Touch, Kronofusion, and the location partners will share revenues on the subscription fees.

This is a powerful way to extend Info Touchs Surfnet brand to the home, office and mobile clients and to further strengthen the e-services kiosk as an enabling communications tool," said Info Touch Chairman and Chief Executive Officer Hamed Shahbazi. We believe that this fits perfectly within our strategy to utilize the kiosk as a gateway for access and we look forward to rolling out AccessPoint to other Surfnet kiosk networks".

"We're very excited to work with Info Touch on this initiative to bring web-based services to the street level," said Todd Brinkmeier, President and CEO of Kronofusion. "Our mandate has always been to create products that make life easier by increasing access opportunities to information. Once signed up as members, users will also be able to take advantage of other technologies such as 802.11b and WAP that enable the same access to your personal files through a wireless client."

Kronofusion and Info Touch have reached two agreements - one in which Info Touch will offer AccessPoint through their own Surfnet-branded kiosks; and the other where Info Touch will resell AccessPoint to their customers with their own branded kiosks.

About Kronofusion Technologies

Kronofusion Technologies Inc. (TSX Venture Exchange: KRO; Berlin and Frankfurt Stock Exchanges: KFT, WKN: 541868) is an independent, full-service provider of integrated wireless and web-based remote access solutions. Based in Burnaby, B.C., Kronofusion provides mobility solutions to wireless carriers and Internet solutions providers. Kronofusion's flagship product is AccessPoint, which allows mobile professionals to remotely access their desktop personal computes from any device with a web browser. For more information on Kronofusion or AccessPoint, please visit www.kronofusion.com.


About Info Touch

Info Touch is North Americas leading provider of kiosk software based security and management solutions. Surfnet Premiere, its flagship software platform, is the Fortune 1000s preferred solution for public Internet access. Established in 1997, Info Touch provisions premiere kiosk technology solutions that help drive bottom-line benefits through the convergence of online and offline operations. Current Info Touch clients include Cable and Wireless (Caribbean), Telmex, Chapters Indigo, Future Shop / Best Buy, Macs / Couchetard, Phillips Petroleum, KB Home, Fairmont Hotels, Chase Manhattan Bank, Merrill Lynch / HSBC, the US Army, Marines Corps and Navy.


On behalf of the Board of Directors,

PRAVEEN VARSHNEY "

Praveen K. Varshney, Director

For more information please contact:

Kronofusion Technologies Inc.
Aly B. Mawji, Investor Relations
Tel:   604.570.0801
Email:   ir@kronofusion.com

TechKnow Communications Inc.
Farrah Jinha, Media Relations
Tel:   604.980.2448
Email:   farrah@techknow.ca

Info Touch Technologies Corp.
Behshad Hastibakhsh, Media Relations
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:   1.877.600.6001
Email:   jrlewis@linearcapital.com

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