Trading Update

RNS Number : 0122O

Accesso Technology Group PLC

04 February 2016

 

04 February 2016

accesso^® Technology Group plc

("accesso" or the "Group")

Trading Update

Board expects performance to be comfortably in line with expectations for 2015 and reports a strong start to 2016

The Board of accesso Technology Group plc (AIM: ACSO), the premier technology solutions provider to leisure, entertainment and cultural markets, is pleased to announce that it expects Group performance to be comfortably in line with expectations for the year ended 31 December 2015.  This strong performance has been achieved despite significant investment in the business relating to last summer's transformative agreement with Merlin Entertainments Group Ltd.

The Board is also pleased to report a strong start to 2016, where all accesso business lines are reporting good momentum.

The ShoWare^® division has made notable early progress, signing 16 new contract wins and extensions; integrating TripAdvisor's Review Express platform service into its platform and gaining a licence from the Nevada Gaming Control Board to process its Live Entertainment Tax (LET).

accesso Siriusware^sm has also started the year well, signing four new contracts including the West Mountain ski resort in New York State and indoor skydiving venue iFLY Brasilia. Finally, accesso LoQueue^sm will launch its mobile solution Qsmart^sm for the first time in Asia this June at the Movie Animation Park Studios in Malaysia.

accesso LoQueue^sm has also reached a further agreement with a North American attraction for the implementation of its queueing solutions in 2017.

Accesso will announce its full year results on 16 March 2016.

For further information, please contact:

accesso Technology Group plc	[phone]
Tom Burnet, Chief Executive Officer
John Alder, Chief Financial Officer
FTI Consulting, LLP	[phone]
Matt Dixon, Adam Davidson
Canaccord Genuity Limited	[phone]
Simon Bridges, Cameron Duncan
Numis Securities Limited	[phone]
Etienne Bottari, Simon Willis, Mark Lander

About accesso^® Technology Group

accesso (AIM: ACSO) is the premier technology solutions provider to leisure, entertainment and cultural markets. Our patented and award-winning technology solutions drive increased revenue for attraction operators whilst improving the guest experience.

Our solutions add value to operators at every point of the guest experience with our technology facilitating the key points of contact with their many millions of guests.

·      We drive attendance

The accesso Passport and ShoWare^® ticketing suites are comprehensive, easy-to-use cloud solutions that process tens of millions of tickets every year for assigned seat and general admission venues, enabling operators to maximize up-sell and cross-sell with ease to drive greater revenue.

·      We handle payments

Our payment gateway carries level 1 PCI security certification and 24/7 support.  It provides the tools, security and support operators need to drive sales and has so far processed more than $5 billion in transactions.

·      We take guests out of line

The accesso LoQueue virtual queuing solutions allow guests to reduce the amount of time waiting for park attractions by electronically holding their place in line, so they can spend more time enjoying all the venue has to offer.

·      We simplify point-of-sale

Our accesso SiriuswareSM point-of-sale solution offers software modules that combine ticketing, membership, retail, food/beverage transactions, rentals, credit card processing and many other functions into a single system eliminating the need for separate systems and databases.

·      We increase engagement

accesso enables operators to engage more deeply and profitably with guests: pre-sale, in-attraction or post-visit.  Our mobile apps have provided millions of guests with rich iOS and Android content to better plan their visit, buy their ticket on-the-go and unlock new experiences within an attraction. 

More than 900 attractions and venues worldwide currently employ accesso technology - from theme parks, water parks, cultural attractions, live performance venues and sporting events to ski and snow parks.  We are proud that our solutions are trusted by the majority of the leading names in the leisure industry including Six Flags Entertainment, Cedar Fair Entertainment, Merlin Entertainments, International Speedway Corporation, Palace Entertainment, Compagnie des Alpes and Herschend Family Entertainment.

accesso is a public company, listed on AIM: a market operated by the London Stock Exchange. For more information visit: www.accesso.com.

 

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