TORONTO, ONTARIO--(Marketwired - Apr 28, 2014) - GuestLogix Inc. (GXI.TO), the leading global provider of onboard retail and payment technology solutions to airlines and the passenger travel industry, today announced a 3-year agreement to deploy its retail technology platform, including POS handheld devices, onboard a Japanese airline. The carrier will use the Company's' solution to accept credit cards onboard domestic and international flights for the purchase of food and beverage. With this agreement, GuestLogix not only expands its Asia Pacific footprint and welcomes its first Japanese airline customer, but also strengthens its relationship with channel partner, Inflight Sales Group Hong Kong (ISG).
"Expansion in the Asia Pacific region continues to be a strategic focus for GuestLogix in 2014, and it is with great enthusiasm that we announce our entry into the Japanese airline market," said Brett Proud, President & CEO of GuestLogix. "In the past year, we have made tremendous strides in the Asia Pacific region, welcoming three major carriers in China and Hong Kong, and now our first customer in Japan. With 82 payment and operational certifications, our flexible Transaction Processing Engine and Global Payment Gateway have enabled us to expand into new countries, with the ability to process payments in virtually any currency, including the Japanese Yen. We look forward to working with ISG to support this new customer, and to further growing our Asia Pacific footprint via this partnership."
GuestLogix and ISG have been channel partners since May 2010. This signing represents the Company's sixth airline customer agreement with ISG, having previously deployed its joint offering onboard airlines in Hong Kong and India. With this agreement, GuestLogix will deploy its retail technology platform and PCI-compliant handheld POS devices across all routes to accept credit card payments for the onboard sale of food and beverage. A phase two implementation of a duty free program is also anticipated for later in 2014.
"Once again, our partnership with GuestLogix has proven its value as we announce this exciting win," said Tony Detter, Group Managing Director, ISG. "By combining our strengths and expertise, we are able to offer a powerful, dependable solution to the airline industry, as well as accelerate our growth in the region. Together, we will support the onboard retailing initiatives of this new Japanese customer, along with the expansion of its onboard store, to reach new levels of success."
About Inflight Sales Group
Inflight Sales Group (ISG) is the pioneer of airline concession operations, management and marketing, with more than 20 years of airline duty free concession management experience. First founded by Jean-Marcel Rouff in 1982 to supply amenity kits and as an exclusive distributor of duty free products from the leading suppliers to airlines in Asia and North and South America, today ISG remains the leading concessionaire in the airline duty free business, with a strong and loyal customer base in Asia, North Africa and the Americas. The ISG team is renowned for its innovative marketing programs, service culture and unparalleled success in driving sales onboard its airline partners. More information is available at www.inflightsales.com.
GuestLogix Inc. (GXI.TO), is a global leader in comprehensive retail solutions delivered to the passenger travel industry, both onboard and off-board. Bringing over a decade of expertise as the industry's most trusted onboard transaction processing partner to airlines, rail operators and elsewhere in the passenger travel industry, GuestLogix powers the industry's growing reliance on ancillary revenue generation. Both direct to operators as well as through partnerships with global leaders in catering, duty-free, inflight entertainment and self-service retail experts, the Company provides the payment services touching over 1 billion travelling consumers each year. GuestLogix' global headquarters and centre for product innovation is located in Toronto, with regional head offices located in Dallas, London and Hong Kong. More information is available at www.guestlogix.com.
© 2014 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 March 24, 2014 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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