GuestLogix Announces Fiscal 2011 Results
(firmenpresse) - TORONTO, ONTARIO -- (Marketwire) -- 02/27/12 -- GuestLogix Inc. (TSX: GXI), the leading global provider of onboard retail and payment technology solutions to airlines and the passenger travel industry today announced its financial and operational results for the three- and 12-month periods ended November 30, 2011. All amounts are reported in Canadian dollars unless otherwise stated.
F2011 Financial Summary
F2011 Operational Highlights
Gross Transactions Processed ("GTV")
Expanded Technology Platform Footprint
Extended Technology Platform Access
Enhanced Technology Platform
Added Content
Corporate Developments
"Fiscal 2011 was about securing our future and maintaining our technology leadership," said Mr. Tom Douramakos, President and CEO, GuestLogix. "We renewed key customers, stabilized our client base by enhancing customer service and strengthened our infrastructure to better support our growth in each target geographic region. On the technology front, we started the development of our next-generation Technology Platform. It now includes new handhelds and offerings such as Global Payments, new Warehouse Logistics, Data Analytics, Auto Reconciliation, as well as an Enterprise Mobile Platform and Destination Deals platform. We also obtained important worldwide certifications from an airline and payment industry perspective. With the steps we took in fiscal 2011, we believe we are well positioned to resume our growth."
Mr. Douramakos continued: "In fiscal 2012, we will focus on the airline sector, working to fulfill demand rather than create and execute regionally. In the Americas, we plan to leverage our existing footprint by selling our new technology offerings while also expanding into Latin America. In EMEA, we are working to launch our new technology offerings in continental Europe and are targeting expansion opportunities, predominantly in Eastern Europe and the Middle East. In Asia-Pacific, the largest regional opportunity, we are working to increase our market share, particularly in China, Korea and Japan. In addition, over the past 18 months we created a portfolio of assets, including our integrated merchandising content, which we plan to monetize in 2012. Overall, we believe that by successfully executing on these initiatives we will fuel our top line growth."
F2011 Conference Call Details
GuestLogix will host a conference call on Monday, February 27, 2012 at 4:30 p.m. Eastern Time to discuss its fiscal 2011 financial and operational results as well as the Company's outlook for fiscal 2012. To access the conference call, please dial 647-427-7450, or 1-888-231-8191. A taped replay of the call will be available at .
A complete set of financial statements and Management's Discussion and Analysis for the three- and 12-month periods ended November 30, 2011 will be available at and .
About GuestLogix
GuestLogix Inc. is the leading global provider of onboard store technology and merchandising solutions, which help airlines and other travel operators create, manage, and control onboard retail environments tailored to their needs and their passengers. Serving approximately 90% of the North American airline passenger traffic and 40% of the global airline passenger traffic, GuestLogix has become a trusted onboard transaction processing partner to airlines around the world. The Company's global headquarters and centre for product innovation is located in Toronto, Canada with regional head offices around the globe including GuestLogix USA, serving the Americas, located in Dallas, Texas; GuestLogix Europe, located in London, UK, serving Europe, Middle East and Africa; GuestLogix Asia Pacific, located in Hong Kong; and a sales and support office located in Singapore. Logistics centres are situated in Toronto, Dallas, London and Seoul with a software development centre located in India. On February 1, 2012, the Company marked a major milestone celebrating its 10th Anniversary. Since its founding in 2002, the Canadian technology startup has established itself as a pioneer of the onboard retail revolution through its innovative technology solutions. GuestLogix is pleased to be recognized as one of Deloitte's North America Technology Fast 500 and Canada Technology Fast 50 companies. GuestLogix is publicly traded on The Toronto Stock Exchange (GXI.T). More information is available at .
© 2012 GuestLogix. All Rights Reserved. ®OnTouch is a trademark of GuestLogix Inc. and is registered in the United States and may be pending or registered in other countries. All other trademarks and trade names are the property of their respective owners.
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 February 27, 2012 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.
Contacts:
GuestLogix
Brian Reddy
Chief Financial Officer
416-987-7053
TMX/Equicom
Kristen Dickson
416-815-0700 ext. 273
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Datum: 27.02.2012 - 15:00 Uhr
Sprache: Deutsch
News-ID 1087247
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