GuestLogix Inc.
TSX : GXI

GuestLogix Inc.

February 24, 2015 09:00 ET

GuestLogix Signs Major Multi-Year Agreement to Implement Onboard Retail Platform via iPhone for Flight Attendant Use with Large Carrier

Airline Renews Agreement and will Deploy the Company's iOS-Version Retail Platform as it Readies for Next-Generation Onboard Passenger Experience

TORONTO, ONTARIO--(Marketwired - Feb. 24, 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 it will be supporting one of its largest customers' initiative to implement Apple iPhone devices for multi-purpose use by Flight Attendants onboard. The airline selected the Company's next-generation smartphone technology as part of a recent multi-year renewal agreement for the continued support of the carrier's food and beverage retailing, including continued use of the Ancillary Insights™ business intelligence platform. The Airline's Flight Attendants will leverage GuestLogix' iOS application and performance analytics functionality to manage its onboard retail transactions and generate real-time reporting for improved ancillary revenue management and an enhanced passenger experience. This agreement reaffirms GuestLogix' market leadership positioning and its commitment to providing the most innovative and secure retailing solutions to airlines and the passenger travel industry.

"Maintaining our customers' trust and loyalty is of utmost importance to us, and this agreement with one of the world's largest airlines speaks to the security and reliability of GuestLogix' technology and customer care," said Brett Proud, President & CEO, GuestLogix. "As we advance our relationship, our customer can rest assured that it is leveraging the industry's leading technology to support its retail strategy and goals, and will have access to GuestLogix' complete portfolio of solutions that drive ancillary revenue and enhance the passenger experience."

GuestLogix has earned over 90 payment and operational certifications for its end-to-end retail solutions, including its Transaction Processing Engine® (TPE) and Global Payment Gateway™, making it the most accredited retail and payment technology provider to the passenger travel industry.

The Company has several active deployments with its next-generation mobile POS solution underway covering all major operating systems - iOS, Android and Windows Phone. GuestLogix has also been called upon to design and develop custom payment peripherals to accompany its software solutions. Taking into account a multitude of smartphone and tablet manufacturers, GuestLogix now has a diverse set of peripherals that enable PCI-certified swipe, chip & PIN, contactless and NFC payments making room for emerging payment methods such as Apple Pay and other e-Wallet technology.

"We are seeing a myriad of requests from travel operators to advance their onboard retail strategy from consumer-grade mobile devices, traditional, purpose-built POS devices as well as supporting self-service retail channels onboard," said Patrick O'Neill, Chief Operating Officer, GuestLogix. "We are proud to have built the foundation required to meet these diverse requests with the most comprehensive and secure onboard retail technology in the industry."

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 head offices located in Dallas, London and Hong Kong, and a Product Innovation Lab located in Moncton. More information is available at www.guestlogix.com and www.openjawtech.com.

© 2015 GuestLogix. All Rights Reserved.

® Transaction Processing Engine is the property of GuestLogix and is registered in the United States and may be pending or registered in other countries.

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 3, 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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