Innovative Technology Company Asserts Its Commitment to the Ground Transportation Industry Through Name Change

 

Chicago, IL, March 1, 2006 – After experiencing tremendous growth as a company in just the past few years, Bitspoint Inc. has been renamed Cabconnect, Inc. to strengthen its brand relationship with the ground transportation industry.

 

Cabconnect, Inc. will continue to strive to serve its customers with the best innovations, technology, and customer service.  Through its innovative approach, the company enables taxicab companies to eliminate much of the overhead created by inefficient credit card systems, and lets them focus on managing their business and growing their customer base.

 

Izzy Aala, President & CEO of Cabconnect, Inc., is excited about this new phase of the company.  He states: “Changing our company name to Cabconnect, Inc. affirms our long-term commitment to serving our customers and the ground transportation industry.”

 

Cabconnect offers a suite of products and services to ground transportation companies to enable secure electronic payments, manage financial transactions and use location data to provide enhanced electronic commerce and information services. Cabconnect’s products allow ground transportation companies to provide enhanced customer services and to streamline and improve their operations productivity and generate new revenue streams. Cabconnect ensures seamless integration to multiple devices and software platforms thus, maximizing return on investment for its customers