GuestLogix Inc.
TSX VENTURE : GXI

GuestLogix Inc.

October 14, 2009 07:30 ET

GuestLogix Signs Agreement With UK's Facilities Partner Limited to Provide Retail Solutions on Board London Midland and CrossCountry Trains

TORONTO, ONTARIO--(Marketwire - Oct. 14, 2009) - GuestLogix, Inc. (TSX VENTURE:GXI), the leading provider of onboard retail solutions to the passenger travel industry, today announced that it has signed an agreement with The Facilities Partner Limited (TFP), UK to provide its onboard retail point-of-sale (POS) handhelds and software platform to support the sale of beverages and meals on board trains operated by London Midland and CrossCountry. Collectively, the two rail operators are responsible for managing approximately 76 million passenger journeys a year.

Brendon Woods, Managing Director of TFP said, "We have been planning this significant development in the UK with Guestlogix for some time and our recent success in being awarded a long-term contract to provide onboard train catering services to London Midland passengers, gives us the relevant platform to implement and deliver this excellent retailing solution."

"We have also agreed to provide this system for our pre-existing Arriva CrossCountry business which is particularly timely, having recently expanded these services to cover Stanstead Airport and the GuestLogix system's ability to transact in cash or credit/debit cards in both Sterling as well as Euros has, obvious retailing benefits."

Woods added, "The business package offered by GuestLogix, the professionalism of their team and their excellent global reputation, simply made them a first choice for TFP and we are very excited to be moving our business forward with them."

The agreement marks the first two rail deployments by GuestLogix in the European region. TFP expects to be fully operational with the latest GuestLogix' Chip and PIN handhelds around the end of this year with TFP personnel operating the POS devices on their food and drink trolleys.

"We are excited to be working with TFP which specializes in food services and logistics for the UK rail industry," said Tom Douramakos, President and CEO, GuestLogix. "We look forward to enabling retail operations on board London Midland and CrossCountry trains and helping our partner to maximize the onboard experience for its customers."

Douramakos added, "The passenger rail industry represents a market at least seven times larger than the airline industry in terms of annual passenger trips. Working with TFP, London Midland and CrossCountry represents a significant entry into the rail market for GuestLogix."

About Facilities Partners

The Facilities Partner Limited is a UK based organization, predominantly supplying fixed point and mobile catering services to the transport industry and Local Government. With operations extending from London into the Midlands, the South West, Wales and across the Home Counties, the company maintains a large, well trained, multi-disciplined work force who delivers focused, best value, customer facing services on behalf of its Client Partners. The company strives for excellence and constantly looks to add value to its services, not least by working with a range of selected partners, who help it develop and deliver new technologies and innovation, so it constantly remain at the leading edge of its chosen sector of expertise. Additional information can be found at www.thefacilitiespartner.co.uk.

About GuestLogix

GuestLogix (TSX VENTURE:GXI) is the leading provider of onboard retail technology and solutions to the passenger travel industry. Through its industry standard onboard transaction processing engine, the Company provides operators the tools to become successful onboard retailers and via its OnTouch™ merchandising platform it facilitates innovative products and services to enhance passenger experience and propel ancillary revenue growth. With a customer base comprising 9 of the top 11 global airlines GuestLogix maintains contracts to serve more than 35 per cent of the world airline passenger traffic via its proprietary platform based on the 2008 passenger data compiled by Air Transport Intelligence (ATI). Additional information on the Company can be found at www.guestlogix.com and www.ontouch.com.

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 June 29, 2009 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.

(C) 2009 GuestLogix. All Rights Reserved. All other trademarks and trade names are the property of their respective owners.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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