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Monday, 07/09/2012 10:29:38 AM

Monday, July 09, 2012 10:29:38 AM

Post# of 66837
Liking this, perhaps acquiring Tango will turn things around:

Tango Software Corp. (Tango) designs and develops mission-critical software specializing in e-Commerce payment processing software, high-availability (24/7) solutions for enterprise-scale Internet websites, Internet security and digital identity protocols, and computer control systems for industrial, electrical, and refrigeration applications.

Since its inception, Tango has developed, designed, and quality assured software for a number of enterprise clients. In the payment processing space, it has integrated processors with gateways such as FDMS, Nova Systems, BCE AssurePay, and Moneris.

Tango through its relationship with ICOA, will develop its own Internet Transaction Payment Processing Software, also known as a 'Payment Engine'. The Payment Engine will be unique as it will handle small payments over the Internet of multiple currencies in small amounts, also known as "micro-payments". ICOA will provide Management and funding support; in addition Tango engineers expect to utilize ICOA's Authentication and Authorization Platform in order to expedite the development of the "Payment Engine".

Currently Tango is in the final stages of securing a long term contract with an overseas processor to design