Lo-Q PLC
03 November 2006
Lo-Q Plc announces expanded agreement with Six Flags
Lo-Q plc ('Lo-Q' or the 'Company') today announces that Six Flags has agreed
that, upon execution of a mutually agreed-upon contract, it will extend the use
of the Lo-Q Guest Services System to an additional two Six Flags theme parks.
This would bring to seven the total of Six Flags parks to which Lo-Q provides
services; additionally, Lo-Q would have responsibility for the operation and
sales of the Q-bots in all those parks.
The two additional parks would implement Lo-Q's new VQ2020 system, which brings
greater ease of use for guests and simpler installation in parks; the other
parks will transition to use of the VQ2020 system over time.
Leonard Sim, Managing Director of Lo-Q commented:
'This extension, if executed, would be good news for our company. The excellent
work done by Steve Drake and his operations team is one factor leading to this
large expansion of our operational responsibilities, a challenge we are happy to
accept. Another factor was the imminent availability of the VQ2020 system with
its revolutionary features and cost cutting architecture. Our development team
have done an outstanding job in bringing this product to fruition.'
Contacts:
Jeff McManus, Lo-Q Plc - 01491 577 210
John Prior, Corporate Synergy Plc - 0207 448 4400
This information is provided by RNS
The company news service from the London Stock Exchange
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