GuestLogix Inc.
TSX : GXI

GuestLogix Inc.

December 15, 2015 07:00 ET

GuestLogix Announces Appointment of Managing Director for its OpenJaw Business Unit

Head of OpenJaw Iberica to Lead the Business Unit to Future Growth and Success

TORONTO, ONTARIO--(Marketwired - Dec. 15, 2015) - GuestLogix Inc. (TSX:GXI), the leading global provider of ancillary-focused merchandising, payment and business intelligence technology to airlines and the passenger travel industry, today announced that Ricardo Navarro, former head of the OpenJaw business unit's Iberica operations, has been appointed Managing Director, OpenJaw Business Unit. Mr. Navarro will be responsible for managing OpenJaw's global operations and will be an important voice on the senior leadership team for GuestLogix, providing a valuable perspective and expertise to the business as a whole.

"We are thrilled that Ricardo is stepping up to become Managing Director of the high-performing OpenJaw Business Unit," said John Gillberry, Chief Executive Officer at GuestLogix. "Having led the Iberica region for over 10 years, Ricardo has a unique understanding of all the different departments and functions which have to work together to deliver a great product and service to our customers. He has demonstrated outstanding commitment, deep business acumen and exceptional leadership skills, and has first-hand experience of managing the whole customer cycle, from sales through project and account management."

Mr. Navarro was brought onboard to launch the OpenJaw Technologies business in Spain and Latin America in September 2005. He has since been the driving force behind the phenomenal growth of the region into the multi-million Euro business unit it is now, playing an integral role in building the Spanish-speaking business from the ground up and managing a successful team in Madrid.

"My experience building and managing OpenJaw's Spanish operations over the past decade has pushed me to grow, be a strong leader and carve a path that will lead to the greatest outcomes for the company," said Ricardo Navarro, Managing Director, OpenJaw Business Unit. "I am grateful for the opportunity to take on this exciting challenge and to lead the execution of our evolving growth strategy. Problem solving, taking action and collaborating with others are some of my greatest strengths, and I look forward to working with the entire OpenJaw and GuestLogix team to achieve even more growth and success going forward."

Mr. Navarro has over 15 years' experience in the industry having worked in both the travel and supply chain sectors delivering enterprise scale projects to companies such as Iberia Airlines, Telefonica, BBVA Bank and Repsol. Before setting up OpenJaw's first regional office, Ricardo worked in a variety of software development and project management roles for travel technology company Datalex and for Adquira Spain.

Ricardo graduated from ICAI Comillas University with a Masters degree in Electronics and holds an MBA from Escuela de Organización Industrial, both in Madrid.

About GuestLogix

GuestLogix Inc. (TSX:GXI), is a global leader in comprehensive merchandising, payment and business intelligence technology 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. On December 23, 2014, GuestLogix announced the acquisition of OpenJaw Technologies, a Dublin-based technology company focused on travel retailing innovation in the e-commerce segment. GuestLogix' global headquarters and centre for product innovation is located in Toronto, with regional offices located in Dallas, London, Dublin, Galway, Madrid and Hong Kong, and product innovation labs located in Moncton and Kraków. More information is available at www.guestlogix.com and www.openjawtech.com.

© 2015 GuestLogix. All Rights Reserved.

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 November 12, 2015 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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