Airline to Benefit from Use of the Company’s Onboard Retail Platform and OnTouch® Analytics
TORONTO, ON — January 28, 2014 - GuestLogix Inc. (TSX: GXI), the leading global provider of onboard retail and payment technology solutions to airlines, rail operators and the passenger travel industry, today announced a renewal and expansion agreement with one of America’s largest airlines for the continued fleet-wide use of the Company's Onboard Retail Technology Platform and POS handheld devices, as well as the Company's OnTouch® Analytics platform. This signing reaffirms GuestLogix' position as the market leader in onboard retailing technology and represents additional revenue opportunity for the Company.
"This expanded services renewal agreement with one of the leading North American airlines confirms GuestLogix' continued positioning as the most trusted onboard retailing technology provider," said Brett Proud, President & CEO, GuestLogix. "We are just as committed to ensuring the success of this customer’s onboard retailing program today as we were the first day we earned their business. With the deployment of the Company’s analytics platform, we will assist the airline in optimizing its onboard store, further improving its bottom line."
GuestLogix has earned more payment and travel industry certifications than any other onboard retail technology provider and its Transaction Processing Engine® (TPE) will continue to support the secure acceptance of payments onboard this carrier. The airline uses GuestLogix' onboard retail platform and PCI-compliant handheld POS devices to accept major credit cards for the purchase of food and beverage across all routes. In addition to utilizing the onboard retail platform’s back-office and standard reporting features, the airline will leverage GuestLogix' OnTouch® Analytics platform to help improve transparency and enhance the success of its onboard retail performance.
"We are delighted that our technology and services have met the needs and expectations of this airline customer, and that we have been given the opportunity to not only continue serving this carrier moving forward, but also implement our business intelligence platform," said Ilia Kostov, EVP Global Sales, GuestLogix.
- ### -
For more information:
Dan Thompson, GuestLogix
Senior Vice President - Marketing, Communications & Investor Relations
GuestLogix Inc. (TSX: GXI), the leading global provider of onboard store technology and merchandising solutions, brings over a decade of expertise as a trusted onboard transaction processing partner to airlines, rail operators and the passenger travel industry. GuestLogix helps its customers to create, manage, and control onboard retail environments tailored to their needs and their passengers for a truly personalized experience. The Company is partnered with global leaders in catering, duty-free and inflight entertainment, offering complete onboard retailing services to airlines and rail operators worldwide. GuestLogix' global headquarters and centre for product innovation is located in Toronto, with regional head offices located in Dallas, London and Hong Kong. More information is available at www.guestlogix.com
This news release includes certain forward-looking statements that are based upon current expectations, which involve risks and uncertainties associated with GuestLogix' business and the environment in which the business operates. Any statements contained herein that are not statements of historical facts may be deemed to be forward-looking, including those identified by the expressions "anticipate", "believe", "plan", "estimate", "expect", "intend", and similar expressions to the extent they relate to the Company or its management. The forward-looking statements are not historical facts, but reflect GuestLogix' current expectations regarding future results or events. These forward-looking statements are subject to a number of risks and uncertainties that could cause actual results or events to differ materially from current expectations, including the matters discussed under "Risks and Uncertainties" in the Filing Statement filed on November 11, 2013 with the regulatory authorities. GuestLogix assumes no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those reflected in the forward-looking statements.