Accesso Technology Group PLC Positive momentum with renewals and new contracts

TIDMACSO

Accesso Technology Group PLC

13 February 2020

accesso(R) Technology Group plc

("accesso" or the "Group")

Positive momentum with renewals and new contracts

accesso Technology Group plc (AIM: ACSO), the premier technology solutions provider to leisure, entertainment and cultural markets, saw positive momentum in 2019 with several noteworthy customer renewals and 43 new or expanded ticketing contracts.

accesso reached renewal agreements with several notable clients including Palace Entertainment; Washington State Fair; and Legends OWO, LLC. The contract renewals reflect the ongoing momentum and client loyalty towards the accesso product suite.

New accesso contracts in 2019 include ITV Broadcasting Limited, Mount Washington Cog Railway, The New York Botanical Garden and George Washington's Mount Vernon, among others. The company also recognized increased cross-sell momentum across its product set with 10 new customers using more than one accesso solution.

Steve Brown, CEO of accesso, commented:

"Our range of products continue to deliver powerful business results for our clients around the globe, paired with highly personalized service and support from our exceptional staff. These contract wins and renewals reaffirm the strength of our product offerings, underscore the confidence our customers have in our solutions, and start us off with forward momentum in 2020."

For further information, please contact:

 
 accesso Technology Group plc            +44 (0)118 934 7400 
 Bill Russell, Non-Executive Chairman 
 Steve Brown, Chief Executive Officer 
 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, Richard Andrews 
 
 Numis Securities Limited                +44 (0)20 7260 1000 
 Simon Willis, Mark Lander

About accesso Technology Group, plc

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 venues in 30 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 invests 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 commitment to improving the guest experience and helping our clients increase revenue is the core of our business. Our technology solutions allow venues to increase the volume and range of on- and off-site spending and to drive increased transaction-based revenue through cutting-edge ticketing, point-of-sale, virtual queuing, distribution and experience management software.

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.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

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