TIDMACSO
Accesso Technology Group PLC
12 February 2018
12 February 2018
accesso(R) Technology Group plc
("accesso" or the "Group")
Cedar Fair Contract Extension
- Key partner extends accesso Passport(R) contract for 5 further
years -
The Board of accesso Technology Group plc (AIM: ACSO), the
premier technology solutions provider to leisure, entertainment,
cultural and hospitality markets, today announces a five-year
extension to its existing agreement with Cedar Fair Entertainment
Company ("Cedar Fair") to provide the accesso Passport ecommerce
solution across all of its properties.
Cedar Fair is one of the largest regional amusement-resort
operators in the world, and will continue to leverage accesso's
flagship ecommerce solution to provide its guests with a seamless
shopping experience on any chosen device.
accesso continues to help its customers drive revenue through
best-in-class technology solutions and remains able to sustain
long-term and fruitful relationships with a broad range of
high-quality partners. This in turn generates a large proportional
amount of repeatable revenue in the Group's mix, resulting in a
high degree of visibility into future earnings.
Steve Brown, CEO of accesso, commented:
"This extension marks another milestone in our relationship with
Cedar Fair, which already spans more than six years. We're still as
focused as ever on delivering the best technology available to
improve the guest experience they can deliver at their parks".
Brian Witherow, CFO of Cedar Fair, commented:
"The power of the Accesso Passport solution has been critical to
the success of eCommerce throughout our parks. We are committed to
enhancing our guests' experiences with the support of cutting-edge
technology, and Accesso will continue to be a key partner".
This announcement contains inside information as defined in
Article 7 of the Market Abuse Regulation.
For further information,
please contact: accesso +44 (0)118
Technology Group plc 934 7400
Tom Burnet, Executive Chairman
Steve Brown, Chief Executive Officer
John Alder, Chief Financial Officer
+44 (0)20
FTI Consulting, LLP 3727 1000
Matt Dixon, Adam Davidson
+4 (0)20 7523
Canaccord Genuity Limited 8000
Simon Bridges, Martin Davison, Richard
Andrews
+44 (0)20
Numis Securities Limited 7260 1000
Simon Willis, Mark Lander
About accesso(R) Technology Group
At accesso, we believe technology has the power to redefine the
guest experience. Our patented and award winning solutions drive
increased revenue for attraction operators while improving the
guest experience. Currently serving over 1,000 clients in 27
countries around the globe, accesso's solutions help our clients
streamline operations, generate increased revenues, improve guest
satisfaction and harness the power of data to educate business and
marketing decisions.
accesso stands as the leading technology provider of choice for
tomorrow's attractions, venues and institutions. We invest heavily
in research and development because our industries demand it, our
clients benefit from it and it makes a positive impact on the guest
experience. Our innovative technology solutions allow venues to
increase the volume and range of on-site spending and to drive
increased transaction-based revenue through cutting-edge ticketing,
point-of-sale, virtual queuing, distribution and experience
management software.
As the premier technology solutions provider to leisure,
entertainment, cultural, hospitality and health care markets,
accesso's commitment to improving the guest experience and helping
our clients increase revenue is the core of our business. Many of
our team members come from backgrounds working within the
attractions and cultural industry. In this way, we are experienced
operators who run a technology company serving attractions
operators, versus a technology company that happens to serve the
market. Our staff understands the day-to-day operations of managing
complex venues and the challenges this creates, and together we
strive to provide our clients and their guests with technology that
empowers them to do more and enjoy more. From our agile development
team to our dedicated client service specialists, every team member
knows that their passion, integrity, commitment, teamwork and
innovation are what drive our success.
accesso is a public company, listed on AIM: a market operated by
the London Stock Exchange. For more information, visit
www.accesso.com. Follow accesso on Twitter, LinkedIn and
Facebook.
About Cedar Fair Entertainment Company
Cedar Fair Entertainment Company (NYSE: "FUN"), one of the
largest regional amusement-resort operators in the world, is a
publicly traded partnership headquartered in Sandusky, Ohio.
Focused on its mission to become "THE place to be for FUN," the
Company owns and operates 11 amusement parks including its flagship
park, Cedar Point, along with two outdoor water parks, one indoor
water park and four hotels. It also operates an additional theme
park under a management contract. Its parks are located in Ohio,
California, North Carolina, South Carolina, Virginia, Pennsylvania,
Minnesota, Missouri, Michigan and Toronto, Ontario.
Ends
This information is provided by RNS
The company news service from the London Stock Exchange
END
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