TIDMACSO
RNS Number : 8991F
Accesso Technology Group PLC
23 May 2017
23 May 2017
accesso(R) Technology Group plc
("accesso" or the "Group")
AGM Trading Statement
accesso Technology Group plc (AIM: ACSO), the premier technology
solutions provider to leisure, entertainment and cultural markets
provides the following update on recent trading.
Trading Statement
At 10:00am today, the Group will hold its Annual General Meeting
(the "AGM" or the "Meeting") at Unit 5, The Pavilions, Ruscombe
Park, Twyford, Berkshire, RG10 9NN. At that time, the Executive
Chairman of the Meeting will provide the following update on
trading for the four months ended 30 April 2017:
"I am happy to report that the first part of the 2017 financial
year has started strongly, with all parts of the business
generating good momentum. A number of important wins in the period
reflect both the ongoing demand for our core products and our
expanding global reach. As previously announced, during the period
accesso ShoWare(sm) has won a number of new contracts, while the
CNN Studio Tour in Atlanta has become a new customer for accesso
Passport(R). The NFL Experience, in New York's Times Square, has
also selected the full accesso Passport suite, including mobile
point-of-sale, to serve its customers when it opens later in the
year. We have also completed our first accesso LoQueue(sm)
installation featuring our accesso Prism(sm) technology and expect
the system to go-live imminently.
We are also pleased to announce a significant new contract for
accesso Siriusware(sm) with the operator Experiencias Xcaret, which
has a network of seven popular experiences, parks, and attractions
in Mexico. When implementation is complete, accesso Siriusware will
operate on more than 400 workstations across the destinations,
providing a range of software modules including retail, food and
beverage, access control, rentals, reservations and gift cards.
Experiencias Xcaret will also use accesso Siriusware to coordinate
and schedule transportation between its various sites. This win
represents another important example of expansion for accesso
Siriusware beyond its traditional ski markets, showcasing its broad
appeal and ability to overcome universal guest-management
challenges for customers.
Beyond these new business wins, the global rollout of accesso
Passport across Merlin Entertainments continues according to plan.
The start of 2017 has, amongst others, seen go-lives at Merlin's
London Cluster, Alton Towers, and at the new LEGOLAND(R) Japan
Theme Park.
Lastly, the Board is delighted with the early progress made
following our acquisition of Ingresso, announced on the 30(th)
March 2017. The combination has been well received by customers and
partners of both parties, and integration is progressing according
to plan.
It is still early in the season and, as is normal, less than 20%
of the year has been traded to date. Nevertheless, the strong start
gives the Board confidence in the Group's outlook, with
expectations for the year remaining unchanged.
For further information, please contact:
accesso Technology Group plc +44 (0)118 934 7400
Tom Burnet, Executive Chairman
John Alder, Chief Financial Officer
FTI Consulting, LLP +44 (0)20 3727 1000
Matt Dixon, Adam Davidson
Canaccord Genuity Limited +44 (0)20 7523 8000
Simon Bridges, Martin Davison
Numis Securities Limited +44 (0)20 7260 1000
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 while 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(R) and accesso ShoWare(SM) 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
Since 2001 more than 11 million guests have used a patented
accesso LoQueue(SM) solution to queue less, ride more, enjoy a
better experience and increase in-attraction spend.
We simplify point-of-sale
Our accesso Siriusware(SM) 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.
More than 1000 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 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, trust our solutions.
accesso is a public company, listed on AIM: a market operated by
the London Stock Exchange. For more information visit:
www.accesso.com
This information is provided by RNS
The company news service from the London Stock Exchange
END
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