Contract Extension

RNS Number : 3814E

Accesso Technology Group PLC

09 April 2014

 



9 April 2014

accesso® Technology Group plc

("accesso" or the "Group")

Contract Extension

- accesso's Qsmart_SM solution to be installed at the LEGOLAND^® Windsor Resort -

- Contract extends existing relationship with the Park for a further three years -

accesso Technology Group plc (AIM: ACSO), the premier technology solutions provider to the global attractions and leisure industry, is pleased to announce following a successful first season for its Qsmart_SM solution during 2013, the Group has signed an agreement to install its patented smartphone-based queuing solution at the LEGOLAND Windsor Resort: a part of Merlin Entertainments Group, the world's second largest visitor attraction operator.

Additionally, the agreement extends the terms of accesso's existing contract with the park for the installation of Qbot_SM, its original virtual queuing system, for a further three years. Alongside, the Qbot solution, accesso's Qsmart system will be deployed at the LEGOLAND Windsor Resort in time for the current 2014 season.

accesso's smartphone-based solution, Qsmart, represents an exciting evolution of the Group's existing, tried-and tested Qbot queuing system. Qsmart puts virtual queuing technology straight onto a smartphone-optimised mobile website and combines it with mobile payment features. As a result, guests are able to take advantage of the service without the need to visit an onsite sales office.

Commenting on the news, Tom Burnet, Chief Executive Officer of accesso said:

"We are delighted at the progress we've made with our mobile products during 2013 so I am thrilled to be announcing that Accesso has been selected to deliver our Qsmart solution to another major European theme park.

This contract marks the third park to expand their agreement with us to include our innovative smartphone solution alongside an existing Qbot system. For us, this decision demonstrates another important vote of confidence in the value and capability of our technology and we are very pleased to be extending and expanding our relationship with both LEGOLAND Windsor and Merlin Entertainments."

For further information, please contact:

accesso Technology Group plc	[phone]
Tom Burnet, Chief Executive Officer
John Alder, Chief Financial Officer
FTI Consulting, LLP	[phone]
Matt Dixon, Lucy Delaney, Jessica Liebmann
Canaccord Genuity Limited	[phone]
Simon Bridges, Cameron Duncan, Brendan Gulston

accesso® Technology Group: about us

accesso (AIM: ACSO) is the premier technology solutions provider to the global attractions and leisure industry. Our patented and award-winning solutions drive increased revenue for attraction operators by significantly improving the most important part of an attraction visit: the guest experience.  Our solutions add value to operators at every point in the guest journey:

·      We drive attendance

The accesso Passport^® ticketing suite is a comprehensive, easy-to-use cloud solution that processes many millions of ticket and season passes every year, enabling operators to maximise up-sell and cross-sell with ease to drive greater revenue.

·      We handle payments

Our payment gateway carries level 1 PCI security certification and 24/7 support.  It provides the tools, security and support operators need to drive sales and has so far processed more than $5 billion in transactions.

·      We take guests out of line

Since 2001 over nine million guests have used a patented accesso LoQueue^SM solution to queue less, ride more, enjoy a better experience and increase their in-attraction spend.

·      We simplify point-of-sale

We offer a comprehensive point-of-sale solution through software modules combine ticketing, membership, retail, food/beverage transactions, rentals, credit card processing and many other functions into in a single system eliminating the need for separate systems and databases.

·      We increase engagement

accesso enables operators to engage more deeply and profitably with guests: pre-sale, in-attraction or post-visit.  Our mobile apps have provided more than 2.75 million people with rich iOS and Android content to better plan their visit, buy their ticket on-the-go and unlock new experiences within an attraction. 

Over 400 attractions worldwide currently employ accesso technology - from theme parks, to water parks, cultural attractions and sporting events ski and snow parks.  We are proud that our solutions are trusted by the majority of the leading names in the leisure industry, including Six Flags Entertainment, Cedar Fair Entertainment, Merlin Entertainments, International Speedway Corporation, Palace Entertainment, Compagnie des Alpes, and Herschend Family Entertainment.

accesso is a public company, listed on AIM: a market operated by the London Stock Exchange.

For more information visit www.accesso.com 

About LEGOLAND^® Windsor Resort

·      The LEGOLAND® Windsor Resort is a unique family theme park where children aged 2 -12 can take to the road, soar through the skies and sail the seas in complete safety. It has over 55 interactive rides, attractions, live shows, building workshops and driving schools, not to mention a staggering 80 million LEGO® bricks, all set in 150 acres of beautiful parkland.

About Merlin Entertainments plc

·      Merlin Entertainments plc is the leading name in location-based, family entertainment. Europe's Number 1 and the world's second-largest visitor attraction operator, Merlin now operates 100 attractions, 10 hotels/3 holiday villages in 22 countries and across 4 continents. The company aims to deliver memorable and rewarding experiences to its almost 60 million visitors worldwide, through its iconic global and local brands, and the commitment and passion of its managers and more than 20,000 + employees.

·      Among Merlin's attractions are - SEA LIFE, Madame Tussauds, LEGOLAND, The EDF Energy London Eye, Dungeons, Gardaland, LEGOLAND Discovery Centres, Alton Towers Resort, Warwick Castle, THORPE PARK Resort, Blackpool Tower, Heide Park Resort, WILD LIFE Sydney Zoo, Sydney Tower Eye and SKYWALK, All brands which are distinctive, challenging and innovative - and which have great potential for growth in the future. Visit www.merlinentertainments.biz for more information.

 

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