Company Extends Rail Industry Market Share Through Partnership With Skytrac
TORONTO, ONTARIO--(Marketwire - May 3, 2012) - GuestLogix Inc. (TSX:GXI), the leading global provider of onboard retail and payment technology to the passenger travel industry, today announced the deployment of its onboard retail technology platform including its popular handheld POS devices with rail operator First TransPennine Express. This deployment represents a substantial expansion within the rail sector and adds 24 million annual passenger trips to the Company's market share. The multi-year agreement marks GuestLogix' first implementation with travel-industry caterer Skytrac Group, a key channel partner in Europe.
"Further penetration of the rail industry continues to be a logical extension for GuestLogix," said Tom Douramakos, President and CEO of GuestLogix. "With channel partners such as Skytrac, we are better positioned to more effectively target the market and provide our leading and comprehensive onboard retail technology to rail operators. This market represents a significant long-term opportunity for GuestLogix and as operators are more actively searching for enhanced onboard retail technology, this recent contract win confirms that the GuestLogix' solution meets the industry's unique onboard requirements."
First TransPennine Express is an inter-city rail operation based in the UK that serves Northern England and parts of Scotland. First TransPennine Express is a subsidiary of transportation giant FirstGroup (LSE:FGP) which owns rail and other transportation operations throughout the UK, Scandinavia, the US and Canada.
Catering and logistics company Skytrac was selected from six competing providers to supply full-service catering support to First TransPennine Express. Skytrac presented the GuestLogix' solution, and the XPDA-V handheld POS device, as part of its comprehensive best-of-breed onboard retail offering. Skytrac serves customers in both the rail and air industries within Europe.
"GuestLogix proved to be a key component to our win with First TransPennine Express," said Peter Whittaker, Chairman and Chief Executive of Skytrac Group. "Their technology certainly met the requirements of this new deployment and we look forward to additional agreements as our partnership continues its growth."
"Our commitment to Skytrac and First TransPennine Express goes hand-in-hand with our commitment to provide our partners with first-rate local customer delivery service and support," said Richard Cushing, SVP & General Manager of GuestLogix Europe. "Skytrac has an impressive track record and continues to show excellence in every component of their offering. We are thrilled with our joint solution and travel operators are responding positively."
To learn more about GuestLogix, please visit: www.guestlogix.com.
About GuestLogix Inc.
GuestLogix (TSX:GXI), the leading global provider of onboard store technology and merchandising solutions, helps airlines and other travel operators create, manage, and control onboard retail environments tailored to their needs and their passengers. GuestLogix brings a decade of expertise as a trusted onboard transaction processing partner to airlines around the world. The Company's global headquarters and centre for product innovation is located in Toronto, Canada with regional head offices located in Dallas, Texas (serving Americas) London, UK (serving EMEA), and Hong Kong (serving Asia Pacific). A sales and support office is located in Singapore. Logistics centres are situated in Toronto, Dallas, London and Seoul with a software development centre located in India. More information is available at www.guestlogix.com.
About Skytrac Group
The Skytrac Group operates from two strategically located service hubs in the United Kingdom, and has been supporting the travel industry for more than 15 years, providing innovative catering and onboard retail products, product development and packaging solutions for travel operators. Skytrac is recognised as one of the most efficient warehousing and logistics services to the industry, working with airlines and travel operators including FlyBe, Virgin Atlantic, Easyjet, Loganair, Thomson Airways, Thomas Cook, LSG SkyChefs, and Gate Gourmet, Virgin Trains, BA, Etihad, Emirates, and Saudi Air. The company recently expanded into the rail sector, providing catering logistics for First Scot Rail and First Transpennine Express, and more information can be found at www.skytrac.co.uk.
© 2012 GuestLogix. All rights reserved.
This news release includes certain forward-looking statements that are based upon current expectations, which involve risks and uncertainties associated with GuestLogix' business and the environment in which the business operates. Any statements contained herein that are not statements of historical facts may be deemed to be forward-looking, including those identified by the expressions "anticipate", "believe", "plan", "estimate", "expect", "intend", and similar expressions to the extent they relate to the Company or its management. The forward-looking statements are not historical facts, but reflect GuestLogix' current expectations regarding future results or events. These forward-looking statements are subject to a number of risks and uncertainties that could cause actual results or events to differ materially from current expectations, including the matters discussed under "Risks and Uncertainties" in the Filing Statement filed on February 27, 2012 with the regulatory authorities. GuestLogix assumes no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those reflected in the forward-looking statements.
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