Change of Advisor & Notice of

RNS Number : 9311Z

Lo-Q PLC

24 January 2011

 



Lo-Q plc

Change of Adviser & Notice of Results

Lo-Q plc ("Lo-Q" or the "Company"), the AIM listed provider of virtual queuing systems for theme parks and major attractions, announces the appointment of Canaccord Genuity Limited as Nominated Adviser and Broker to the Company with immediate effect.

Lo-Q also announces that Preliminary Results for the year ended 31 October 2010 will be announced on Wednesday 16 February 2011.

Contacts:

Lo-Q plc	Tom Burnet, Chief Executive	Tel: [phone]
Canaccord Genuity Limited	Simon Bridges/Kit Stephenson	Tel: [phone]
Walbrook PR Ltd	Paul McManus	Tel: [phone] Mob: [phone] [e-mail]

About Lo-Q

Lo-Q plc (AIM: LOQ) design, install and operate systems which allow members of the public to make ride and show reservations when they visit a theme park or other attraction. The dynamic virtual queuing concept arose because of a wait in a line by Leonard Sim and his family in a Florida theme park in the 90's. The ride had mechanical problems, which meant that the almost 2 hour wait was only a waste of time.

Lo-Q plc is directed by an experienced board supported by a strong management team and dedicated staff. Our headquarters and development labs are at Ruscombe Park, Twyford, where we employ a team of highly skilled engineers carrying out our hardware, software and systems design and run our sales organisation. We have our USA headquarters in Lithia Springs, Georgia, where support, financial, installation and operational staff are based.

Lo-Q's flagship product, VQ2020, is a true virtual queuing system for theme parks. Lo-Q's proprietary hand-held units, called Q-bots, are used in major theme parks around the world. By the end of 2010 Lo-Q passed its 6 millionth user of the Lo-Q system. The company has extensive patents or patents pending in Europe, USA, Hong Kong and Japan and is investigating other markets for queuing technology.

Lo-Q also owns a Q-txt product which allows mobile phone users to reserve their place in line. Users purchase credits that are used to reserve a time to ride. The user then receives a text with details of their reservation, time and a unique code which is used to gain entry and verify their booking.

 

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