Roll-Out of Enhanced Software Positions Company to Accelerate Footprint Expansion in the Asia-Pacific Region
TORONTO, ONT – April 26, 2012 – GuestLogix Inc. (TSX: GXI), the leading global provider of onboard retail and payment technology solutions to airlines and the passenger travel industry, today announced the addition of Chinese, Japanese and Korean versions of its industry-leading onboard retailing software to support the Company’s plans for footprint expansion in the Asia-Pacific region. The three language versions are available immediately and are compatible with all GuestLogix’ onboard handheld point-of-sale (POS) devices. The Company has also certified all of its devices to support China UnionPay (CUP) card transactions in addition to other major payment types. GuestLogix will continue to launch other language versions of its software to support its international growth initiatives.
“The Asia-Pacific region, with more than 700 million passenger trips* annually, is a key growth opportunity for GuestLogix,” said Tom Douramakos, President and CEO of GuestLogix. “The three new languages, along with the certification of our POS devices to support China UnionPay cards, place GuestLogix in a prime position to better meet Asian airlines’ immediate in-flight retailing needs. Now, airlines based in China, Japan and Korea can use our solution, the industry’s most powerful and comprehensive onboard retail technology platform, more easily and effectively.”
When it comes to new ancillary revenue opportunities within the cabin, GuestLogix can help Asia-Pacific airlines employ robust onboard retail strategies to increase their revenue, while also enhancing the passenger experience and strengthening overall customer loyalty.
“Providing the Asia-Pacific region with access to a customized onboard retailing solution is essential to expanding our footprint in the region,” said Tony Sit, Senior Vice President and General Manager, GuestLogix Asia-Pacific. “When it comes to selling our technology into the Asian market, GuestLogix has significant competitive advantages. We have a local presence, offer support for multiple languages capability, and have a proven track record in markets such as the United States and Europe.”
GuestLogix will leverage current and new channel partnerships to penetrate the Asia-Pacific market and deploy its enhanced solution onboard airlines in the region.
For sales inquiries about GuestLogix’ enhanced onboard retailing technology for Asia-Pacific, please visit www.guestlogix.com.
*Source: ATW World Airline Traffic Results 2010
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Ruth Morayniss, GuestLogix
Kristen Dickson, TMX Equicom
416-815-0700 ext. 273
GuestLogix Inc. (GXI: TSX), 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
© 2012 GuestLogix.
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.