Change of accounting reference date

RNS Number : 4522M

Lo-Q PLC

27 August 2013

 



27 August 2013

Lo-Q plc

("Lo-Q" or the "Company")

Change of accounting reference date

Lo-Q (AIM: LOQ), the AIM-listed technology solutions provider to the attractions and leisure industry, announces that the Company has changed its accounting reference date from 31 October to 31 December.

The Company has made this change in order to better align its year end with those of its major customers and the sector in general and to align the accounting reference date of all Company entities.  This change will also provide, going forward, for a greater balance between the two halves of the Company's financial year.

The Company will announce audited results for the 14 months ending 31 December 2013 by 30 April 2014. However, in line with previous years, the Company expects to release a trading update in November 2013. Thereafter, interim and annual reports will be published for each of the six months to 30 June and 12 months to 31 December periods, respectively, in accordance with the AIM Rules for Companies.

For further information contact:

Lo-Q plc                                                                                               [phone]

Tom Burnet, Chief Executive Officer

John Alder, Chief Financial Officer

Canaccord Genuity Limited                                                         [phone]

Simon Bridges, Cameron Duncan, Brendan Gulston

FTI Consulting                                                                                   [phone]

Matt Dixon, Lucy Delaney, Jessica Liebmann

About Lo-Q

Lo-Q is the premier technology solutions provider to the attractions and leisure industry, focused on driving increased revenues and improved guest experiences through its range of innovative award-winning solutions operated in over 130 attractions worldwide. 

Virtual Queuing Solutions

Used by over 8.4 million guests since 2001, Lo-Q's range of patented virtual queuing solutions allow users to queue without having to stand in line.  Instead, they reserve their place in a queue line electronically and are notified when their turn is up.  For attraction operators, this means increased guest satisfaction and increased revenues thanks to customers being unlocked from queue lines, enjoying the rest of the park's attractions instead and spending time in retail and food and beverage outlets.

Whether delivered on the smartphone based; Q-smart, the waterproof RFID wristband; Q-band, or the original handheld device; Q-bot - Lo-Q's range of virtual queuing solutions are designed to deliver revenue driving systems to all theme park and water park environments. Customers including Six Flags Entertainment, Merlin Entertainments, Parques Reunidos, Herschend Family Entertainment and Compagnie des Alpes are all currently benefiting from the happier guests and additional revenues that Lo-Q's virtual queuing solutions bring.  For more information visit www.lo-q.com. 

accesso Ticketing and Content Solutions

A wholly owned subsidiary of Lo-Q plc is recognised as the attraction industry's leading provider of ticketing solutions; offering a range of proprietary, fully-hosted ticketing, eCommerce, mobile and payment processing solutions to more than 100 top venues including Six Flags Entertainment, Cedar Fair Entertainment, Herschend Family Entertainment, and Palace Entertainment.

The accesso Passport ticketing suite is a comprehensive solution built for where customers shop - OnSite. OnLine. OnTheGo. noted for a streamlined, easy-to-use design with seamlessly integrated revenue driving features that allow attractions to up-sell, cross-sell and simply-sell. Combined with level 1 PCI security certification, and 24/7 support, accesso Passport gives clients the tools, security and support they need to drive sales.

With over 1.5 million native mobile app downloads for clients so far, the accesso brand also provide content rich iPhone and Android applications that deliver added value information and functionality to attraction guests plus revenue driving mobile ticketing functionality that seamlessly integrates with the rest of the Passport Suite.  For more information visit www.accesso.com.  

Ends

 

END

 

 

NARSEUFIMFDSEIA