Early ShoWare Sales Traction

RNS Number : 1152A

Accesso Technology Group PLC

18 December 2014

 



18 December 2014

accesso® Technology Group plc

("accesso" or the "Group")

Early ShoWare Sales Traction

-  ShoWare™ wins 11 new clients and one significant renewal across three regions -

 - ShoWare™ already helping accessoexpand deeper into adjacent leisure verticals -

accesso Technology Group plc (AIM: ACSO), the AIM listed premier technology solutions provider to the attractions and leisure industry, is pleased to report early progress following the November acquisition of VisionOne Worldwide Ltd and their ShoWare™ ticketing platform.

The recently acquired company has redefined how facilities and event planners sell tickets to their patrons, and eleven venues across the USA, Canada, Mexico and Brazil have all signed new agreements to utilise the ShoWare™ solution since the acquisition was announced.

In the USA, the Lesher Center for the Arts in California and the Hard Rock Hotel & Casino in Lake Tahoe have signed rolling 12 month contracts. In Mexico, ShoWare™ has secured an exciting new opportunity as premier provider for the rapidly expanding Fontecan España inflatable water parks business, and in Brazil, ShoWare™ will be rolled out at the 1,200 capacity Prime Hall in Campinas, Sao Paulo. The Philharmonic Orchestra, based in Calgary, Canada has also agreed to a three year contract renewal.

Alongside the successes mentioned above, seven further venues have agreed new contracts to leverage the ShoWare™ solution, including the Teton County Fair, Kiwanis Wyoming County Fair and Northland Performing Arts in the USA, the Cine Joia in Brazil, and independent producer Eduardo Paz and events companies Daniella Producciones and APM Producciones, all in Mexico.

These wins underline the strategic value of the acquisition to the Group in extending accesso's ticketing sales opportunity into previously untapped leisure verticals. Notably, it will provide a profitable and repeatable revenue stream where assigned seating is a key component of the visitor experience.

The ShoWare™ ticketing solution is the leading, customisable cloud based Software-as-a-Service ('SaaS') ticket sales and distribution solution for operators and is now used in more than 485 venues and leisure organisations throughout North and South America.

Commenting, Tom Burnet, Chief Executive Officer of accesso Technology Group plc said:

"I'm delighted that ShoWare is already making such a valuable contribution and is doing so in exactly the way we'd hoped. The rationale behind the acquisition was to help broaden our reach into new verticals, complementing our existing offering and expanding accesso's portfolio. We can now reach more widely into the leisure space, well beyond the markets we've traditionally served."

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, Adam Davidson
Canaccord Genuity Limited	[phone]
Simon Bridges, Cameron Duncan, Brendan Gulston
Numis Securities Limited	[phone]
Etienne Bottari, Simon Willis, Mark Lander

accesso® Technology Group: about us

About accesso^® Technology Group

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.  accesso 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 maximize 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  in-attraction spend.

·      We simplify point-of-sale

We offer a comprehensive point-of-sale solution through software modules that combine ticketing, membership, retail, food/beverage transactions, rentals, credit card processing and many other functions into 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. 

More than 1000 attractions worldwide currently employ accesso technology - from theme parks, water parks, cultural attractions, live performance venues and sporting events to 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. 

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