Poynt Corporation
TSX VENTURE : PYN

Poynt Corporation

January 13, 2011 04:00 ET

Poynt's European Restaurant Section Strengthened With Reservation Capabilities From Toptable

An Additional 3000 Restaurants Now Available to Poynt Usersin the United Kingdom

CALGARY, ALBERTA--(Marketwire - Jan. 13, 2011) - Poynt Corporation (TSX VENTURE:PYN) ("Poynt Corp." or the "Company") is pleased to announce the launch of online restaurant reservations, reviews and listings powered by toptable, in the Poynt application ("Poynt") for users in the United Kingdom.

Poynt is a convenient and timesaving GPS-enabled application that connects consumers to local businesses, restaurants and movie theaters at the moment they want to buy or acquire products or services. Poynt gives consumers the ability to move beyond discovery of their local area to view movie trailers and showtimes, book dining reservations, view directions on a map, click-to-call the business or view their website.

toptable provides online restaurant booking and information for restaurants across the United Kingdom. The addition of the booking service strengthens the existing restaurant section in Poynt by allowing customers the ability to transact and make a dining reservation at the moment they have found a favourite establishment. toptable is now available to Poynt users on BlackBerry, iPhone, Android and Windows Phone 7 devices in the United Kingdom. Poynt users now have the ability to view cuisine type, restaurant ambience and location details, as well as book reservations and take advantage of unique restaurant offers.

Downloading applications is one of the strongest categories of mobile usage whichis becoming the most popular mode for searching local information. According to a report issued by comScore in June 2010, almost 40% of mobile consumers in Europe use their device as a search tool. The addition of toptable bookings to the Poynt application continues to deliver valuable information and discovery opportunities to Poynt users. 

"With the majority of mobile consumers using their devices as more than just a communications tool, the mobile application marketplace is clearly at an inflection point," said Andrew Osis, CEO of Poynt Corp. "Providing Poynt users with continued enhancements to their data searches gives them access to the best, most localized data from a single source."

"Mobile and toptable are made for each other as more and more people are choosing and booking restaurants on the go," comments Chris Wood, Managing Director, toptable. "We are delighted that the toptable service has been integrated into Poynt's successful mobile app and look forward to providing Poynt customers our restaurant content and booking functionality."

The new version of Poynt is immediately available for download for BlackBerry smartphones, iPhone and iPod Touch, Android and Windows Phone 7 devices via Over the Air download at m.poynt.com or from their respective app stores in the United Kingdom.

About Poynt Corporation

Poynt (about.poynt.com) develops and operates mobile applications that enhance the consumers' ability to connect with the people and businesses most important to them. Their multi-award-winning Poynt application (www.poynt.com) is a mobile local search service available over BlackBerry smartphones, iPhone and iPod Touch as well as Android and Windows Phone 7 devices. Through agreements with directory and vertical content providers in Canada, the United States, Europe and Australia, Poynt simplifies finding and connecting with businesses, retailers and events wherever and whenever it is most convenient for the consumer. The MyInboxNow offering enables low-end feature phones to behave like smartphones for email access. MyInboxNow is available to mobile operators as a private label solution. Headquartered in Calgary, AB, Canada, Poynt Corp trades on the TSX Venture Exchange under the symbol PYN.

About toptable

Founded in 2000, toptable.com is a leading online restaurant booking service in the UK. toptable.com that provides a free and easy-to-use service, allowing diners to browse and book at more than 3,000 restaurants across the United Kingdom. Nearly three million diners are seated at restaurants each year through reservations booked via toptable.com. toptable is owned and operated by OpenTable, Inc.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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