Notice of Results

RNS Number : 3949E

Lo-Q PLC

30 May 2012

 



30 May 2012

Lo-Q plc

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

Notification of Results Date

Lo-Q (AIM: LOQ), the AIM listed provider of virtual queuing systems for theme parks, water parks and major attractions, is pleased to confirm that it will announce its interim results for the six months ended 30 April 2012 on Tuesday 26 June 2012.

For further information, please contact:

Lo-Q plc                                                                       [phone]

Tom Burnet, Chief Executive Officer

John Alder, Chief Financial Officer

FTI Consulting                                                            [phone]

Matt Dixon, Clare Thomas, James Melville-Ross

Canaccord Genuity Limited                                      [phone]

Simon Bridges, Kit Stephenson

About Lo-Q

Lo-Q is the creator of virtual queuing systems for theme parks, water parks and other leisure attractions that allow users to queue without waiting in line.  Lo-Q users reserve their place in a queue electronically and are notified when their turn is up, spending less time queuing and more time enjoying their day out.  

Lo-Q's system has been adopted by leading theme park and attraction operators globally, with customers including Parques Reunidos, Six Flags, Herschend Group and Merlin Entertainments.  These operators benefit not only from happier customers but also from additional revenue streams as time previously spent queuing is instead transformed in to higher spending in park restaurants, gift shops and other retail facilities.  By the end of 2011, more than seven million individuals had used a Lo-Q product and that number is growing.

The Company's technology is protected by extensive patents or patents pending in Europe, USA, Hong Kong and Japan.  The target market for this technology is large and growing, with Lo-Q currently exploring opportunities for expansion into new theme parks and new geographies as well as opportunities to develop new product for other complementary adjacent markets.

Lo-Q is listed on the Alternative Investment Market ("AIM") under the ticker "LOQ".  For further information please visit www.lo-q.com

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