|By Marketwired .||
|June 10, 2014 07:00 AM EDT||
TORONTO, ONTARIO -- (Marketwired) -- 06/10/14 -- GuestLogix, Inc. (TSX: GXI), the leading provider of onboard retail and payment technology solutions to airlines, rail operators and the passenger travel industry, today announced that it has signed an agreement with The Facilities Partner Limited (TFP) UK for the continued use of its onboard retail platform and PCI-compliant POS handheld devices. TFP utilizes the Company's retailing solutions to support the sale of food and beverage onboard its rail customers.
"The Facilities Partner is a valued partner of ours and played a noteworthy role in GuestLogix' entry into the rail market," said Brett Proud, President & CEO, GuestLogix. "Our initial agreement with TFP allowed us the opportunity to transfer our onboard retail model from the airline industry to rail, which was a significant breakthrough for us at the time, and we are delighted to be continuing our relationship with the catering provider."
In 2009, GuestLogix and TFP signed its first agreement, representing the Company's inaugural contract for the deployment of its onboard retailing technology in the rail sector. Since that time, TFP has used GuestLogix' leading retail platform and PCI-compliant POS handheld devices to sell food and beverage onboard.
"We are delighted to progress our relationship with TFP and our Global Rail Division remains committed to ensuring their satisfaction," said Thomas Drohan, SVP & GM - GuestLogix Global Rail Division. "We place great emphasis on our existing customer relationships and remain focused on growing our rail customer base on a global scale."
GuestLogix' Transaction Processing Engine® (TPE®) and Global Payment Gateway enable secure payment processing onboard and off board, accepting all payment types and methods, in any connectivity environment and in any currency. The Company's solutions are backed by more industry and payment certifications than any other provider, making GuestLogix the onboard retailing technology provider of choice to travel operators and their partners worldwide.
GuestLogix Inc. (TSX: GXI), 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.
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 May 12, 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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