Wet'n'Wild Sydney Contract Win

RNS Number : 7211M

Accesso Technology Group PLC

18 October 2016

 

18th October 2016

accesso^® Technology Group plc

("accesso" or the "Group")

Wet'n'Wild Sydney Contract Win

Three year agreement with Village Roadshow Theme Parks for accesso LoQueue^sm at Sydney park

accesso Technology Group plc (AIM: ACSO), the premier technology solutions provider to leisure, entertainment and cultural markets, today announces a three year agreement with Village Roadshow Theme Parks to install the accesso LoQueue virtual queuing solution at Wet'n'Wild Sydney.

The agreement will see accesso's patented Qband^sm deployed across nine attractions in one of Australia's most visited water parks. The waterproof RFID wristband allows guests to queue virtually for their chosen ride before being notified by the device's countdown display that their turn has arrived.

The agreement will see Wet'n'Wild Sydney become the second Village Roadshow venue to leverage accesso's Qband, providing compelling evidence of accesso's ability to expand existing relationships through the provision of multiple products or services to the same operator. This agreement also reflects the Group's increasing focus on the Asia-Pacific region where accesso has recently hired a regional Managing Director to coordinate its sales efforts.

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

"We're delighted to have expanded our relationship with Village Roadshow with an agreement that reflects a significant show of trust in our solution.

Such a vote of confidence makes us very proud, and we look forward to three more years of partnership with this prestigious operator."

Commenting, Dianne Rigg, General Manager of Wet'n'Wild Sydney said:

"The Qband has been very popular at our Wet'n'Wild Las Vegas park and now guests at our Sydney park will be able to get more out of their visit, spending less time in line and more time enjoying our world-class attractions."

For further information, please contact:

accesso Technology Group plc	[phone]
Tom Burnet, Executive Chairman Steve Brown, Chief Executive Officer
John Alder, Chief Financial Officer
FTI Consulting, LLP	[phone]
Matt Dixon, Adam Davidson
Canaccord Genuity Limited	[phone]
Simon Bridges, Cameron Duncan
Numis Securities Limited	[phone]
Simon Willis, Mark Lander

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About accesso Technology Group

accesso (AIM: ACSO) is the premier technology solutions provider to leisure, entertainment and cultural markets. Our patented and award-winning technology solutions drive increased revenue for attraction operators while improving the guest experience.

Our solutions add value to operators at every point of the guest experience with our technology facilitating the key points of contact with their many millions of guests.

We drive attendance

The accesso Passport^® and accesso ShoWare^SM ticketing suites are comprehensive, easy-to-use cloud solutions that process tens of millions of tickets every year for assigned seat and general admission venues, 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 more than 11 million guests have used a patented accesso LoQueue solution to queue less, ride more, enjoy a better experience and increase in-attraction spend.

We simplify point-of-sale

Our accesso Siriusware^SM point-of-sale solution offers 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.

More than 1,000 attractions and venues 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 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, trust our solutions.

accesso is a public company, listed on AIM: a market operated by the London Stock Exchange. For more information visit: www.accesso.com.

About Wet'n'Wild Sydney

Wet'n'Wild Sydney is the world's biggest'n'best water theme park with over 40 slides and attractions, state-of-the-art guest experiences and world-class facilities. The park opened on December 12, 2013 and is the third installation of Wet'n'Wild water parks internationally by its parent company Village Roadshow Theme Parks. For more information visit www.wetnwildsydney.com.au.

About Village Roadshow Theme Parks

Part of Village Roadshow Limited, a leading international entertainment and media company, Village Roadshow Theme Parks (VRTP) is an international theme park operator with operations in Australia, the United States, China and the Republic of Korea. The Company is Australia's largest theme park operator with Warner Bros. Movie World, Sea World, Wet'n'Wild Gold Coast, Paradise Country, Australian Outback Spectacular, Village Roadshow Studios, Sea World Resort and the country's newest theme park Wet'n'Wild Sydney. In the United States, VRTP is the majority owner and operator of Wet'n'Wild Las Vegas in Nevada. In addition, VRTP is currently advising on design and construction on theme parks in China and South East Asia. VRTP will subsequently operate these parks under a management agreement.

 

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