Notification of Results Date

RNS Number : 8093V

Lo-Q PLC

19 January 2012

 



19 January 2012

Lo-Q plc

("Lo-Q" or "the Company")

Notification of Results Date

Lo-Q (AIM: LOQ), the AIM listed provider of virtual queuing systems for theme parks, water parks and major attractions, is pleased to confirm that it will announce its Preliminary Results for the financial year ended 31 October 2011 on Monday 20 February 2012.

For further information, please contact:

Lo-Q plc                                                                                               [phone]

Tom Burnet, Chief Executive Officer

John Alder, Chief Financial Officer

FTI Consulting                                                                                   [phone]

Matt Dixon, Clare Thomas, James Melville-Ross

Canaccord Genuity Limited                                                         [phone]

Simon Bridges, Kit Stephenson

About Lo-Q

Lo-Q is the creator of a virtual queuing system for theme parks, water parks and other leisure attractions that allows users to queue without waiting in line.  Lo-Q users reserve their place in a queue electronically and are notified when their turn is up, spending less time queuing and more time enjoying their day out.  

Lo-Q's system has been adopted by leading theme park and attraction operators globally, with customers including Parques Reunidos, Six Flags, Dollywood and LEGOLAND Windsor.  These operators benefit not only from happier customers but also from additional revenue streams as time previously spent queuing is instead transformed in to higher spending in park restaurants, gift shops and other retail facilities.  By the end of 2010, more than six million individuals had used a Lo-Q product and that number is growing.

The Company's technology is protected by extensive patents or patents pending in Europe, USA, Hong Kong and Japan.  The target market for this technology is large and growing, with Lo-Q currently exploring opportunities for expansion into new theme parks, new water parks and new geographies.  The Company is also exploring opportunities to develop new product for other complementary adjacent markets.

Lo-Q is listed on the Alternative Investment Market ("AIM") under the ticker "LOQ."  For further information please visit www.lo-q.com

Ends

 

END

 

 

NORDDGDBIDBBGDI