Re Six Flags Agreement

RNS Number : 1439I

Lo-Q PLC

14 November 2008

 



Lo-Q plc ('Lo-Q' or the 'Company')

Further extension and enhancement of Six Flags Agreement 

Lo-Q plc ('Lo-Q' or 'the Company') the leading supplier of virtual queuing systems to theme parks today announces it has signed an extended agreement with Six Flags, Inc. 

The agreement provides for Lo-Q's VQ2020 system to be installed into a further two Six Flags parks, which would bring the number of Six Flags parks which use the Lo-Q system to ten. 

The first of these additional parks, Six Flags Magic Mountain, is in the top three of Six Flags US theme parks by number of visitors, with the Lo-Q's system scheduled to be in operation by December of this year.  It is intended that Lo-Q's system will be installed in to the second park in time for next seasons opening.

The Lo-Q agreement with Six Flags has also been extended for all parks until 31 December 2012. 

Lo-Q's managing director, Leonard Sim commented: 

'We are delighted that Six Flags have chosen to extend our agreement for a further two years and to introduce our system into additional theme parks. Six Flags brands Lo-Q's system as the 'Flash Pass' and, during 2008, over a million people have enjoyed the experience. We very much look forward to continuing to work with Six Flags over the coming years'

Contacts:

Jeff McManus
Lo-Q plc	01491 577 210
John Prior
Arbuthnot Securities Limited	0207 012 2000

 

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