Vancouver, British Columbia – January 7, 2010. Vivonet is excited to announce hiring of Tim Becerra as the newest member of the growing Vivonet team. Tim joins Vivonet as the Vice President of Business Development where his primary responsibilities will be to expand Vivonet's strategic third-party and channel business relationships. With over 22 years of senior leadership experience in the point of sale industry Tim has represented both complete restaurant management systems and hardware solutions. Tim's previous executive, senior management and field experience with Posiflex Technology, Sable Technologies and Squirrel Systems provides him with a broad vision of the point of sale market making him an ideal fit for the role and the company.

"As a software-as-a service (SaaS) company, Tim's business development role will allow Vivonet to work more strategically with new and existing partners to rapidly bring new integrated products and services to our clients. Additionally, these partner relationships will aggressively grow the reach of Halo™ Secure Web Based POS," said Ryan Volberg, President and Chief Executive Officer with Vivonet. "Our consistent track record of growth as the leader in secure web-based POS plus Tim's consistent track record of partner performance is a very exciting combination."

Born in San Leandro, CA, Tim attended Control Data Institute in San Francisco studying microprocessors and electronics, graduating with honors in 1988. His passion for developing strategic business relationships stems from his ability to use his business skills and make connections with people. In his previous role as Executive Vice President Sales and Business Development with Posiflex Technology, Inc., a leading designer and provider of point of sale terminals and related peripherals, the key to his success was developing strong business relationships that were mutually beneficial to each party and diversifying the customer base. Driven by high levels of performance, Tim is not satisfied with mediocrity and is always looking to challenge the status quo. Those close to Tim describe him as a creative and forward thinking professional that operates with a high level of integrity and trust.

"What I am most excited about in joining Vivonet is the ability to provide clients with an affordable opportunity to acquire a point of sale foundation that leverages new technology and tools to run an efficient and profitable business, with a strong return on investment, today and in the future," says Tim, "I'm looking forward to helping with Vivonet's continued growth and to be a part of guiding the company to its next level of success."

About Vivonet:

Established in 1999, Vivonet is the restaurant industry leader in software as a service (SaaS) solutions that enable, acquire and organize millions of transactions every month for customers across Canada and the United States. Vivonet provides Halo™ Secure Web-Based POS an on-demand enterprise management, point-of-sale (POS), payment processing and performance benchmarking solutions for its customers. Vivonet's unique ability to aggregate the transaction data created by its customers allows their customers to benchmark their performance against other users and the industry at large – leading to better performance and higher business success rates.

About Halo Secure Web-Based POS:

As the industry leader, Halo™ Secure Web-Based POS powered by Vivonet gives restaurateurs the tools, information and knowledge they need to run better. In fact, restaurants that use Halo™ Secure Web-Based POS outperform the National Restaurant Association's sales index by an average of 3.88%. For more information about Halo™ Secure Web-Based POS, please visit www.myhalo.com.

Media Contacts:

Kevin Froese
Vice President Sales and Marketing
kfroese@vivonet.com
T: 1.866.512.2033 x 106
W: www.vivonet.com

###