GuestLogix, Inc. (GXI.T), the leading global provider of onboard retail and payment technology to airlines and the passenger travel industry, announced today that it will host its 4th annual User Group Conference October 1 through October 3 at the Intercontinental Toronto Centre. The Conference aims to join together the Company's new and existing global airline and passenger travel operator customers with its channel partners, product development staff, and leaders in onboard retailing and ancillary revenue strategies to learn about the latest 'buying in the sky' innovations.
"The 2012 GuestLogix' User Group Conference will provide an incredible opportunity for our customers to exchange ideas with each other and gain insight into inflight sales trends and the future of onboard retailing. The Conference is intimate so delegates will have many opportunities to connect with airline industry and travel operator colleagues and our channel partners. From dynamic guest speakers and interactive presentations and sessions, to a new venue and renewed partner showcase exhibition, we are pulling out all the stops in 2012," said Tom Douramakos, President and CEO of GuestLogix.
Onboard Retailing is a challenging environment. Airlines must understand the sales opportunities based on origin and destination and diversify their onboard selection of products and services to match passenger demand. By becoming a consumer's consummate travel concierge, as well as shopping and destination guide, airlines can generate revenue at more customer touch points than they might have ever considered possible. Airlines can become successful retailers by being aware of sales trends and consumer demand for products and services.
The 2012 Conference will feature sessions that focus on creating new and greater ancillary revenue streams. For example, sessions will deal with important issues within the industry such as contactless payments, evolution of payment options utilizing Chip & PIN or Near Field Communications (NFC) technology, and using inflight connectivity to further enable onboard retail activity through personal devices such as smartphones and tablets.
GuestLogix will also include many enhancements to the program, agenda and delegate experience in 2012 including a significant networking event, expanded partner showcase exhibit, and notable guest speakers from the retail sector worldwide. "We are excited to build on the successes of our previous user conferences. Our primary focus this year will be to offer our customers and partners the best conference experience and meet their business needs and expectations," added Mr. Douramakos.
GuestLogix, Inc. (guestlogix.com) is the leading global provider of onboard store technology and merchandising solutions, which help airlines and other travel operators create, manage, and control onboard retail environments tailored to their needs and their passengers. Serving approximately 90% of the North American airline passenger traffic and 40% of the global airline passenger traffic, GuestLogix has become 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 around the globe including GuestLogix USA, serving the Americas, located in Dallas, Texas; GuestLogix Europe, located in London, UK, serving Europe, Middle East and Africa; GuestLogix Asia Pacific, located in Hong Kong; and a sales and support office located in Singapore. Logistics centres are situated in Toronto, Dallas, London and Seoul with a software development centre located in India. GuestLogix is pleased to be recognized as one of Deloitte's North America Technology Fast 500 and Canada Technology Fast 50 companies. GuestLogix is publicly traded on The Toronto Stock Exchange (GXI.T).
Forward-Looking Statements 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 July 14, 2011 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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