RCS - Accesso Technology - Continued partnership with Merlin and Six Flags

accesso TechnologyAnnouncement

11/01/2022 07:05

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20220111:nRSK9935Xa&default-theme=true

RNS Number : 9935X  Accesso Technology Group PLC  11 January 2022

11 January 2022

 

accesso ® Technology Group plc

 

("accesso" or the "Group")

 

Continued partnership with Merlin and Six Flags

accesso Technology Group plc (AIM: ACSO), the premier technology solutions
provider for attractions and venues worldwide, has announced continued
partnerships with two industry leaders in leisure and entertainment: Merlin
Attractions Operations Ltd. ("Merlin"), a subsidiary of Merlin Entertainments,
and Six Flags Entertainment Corporation ("Six Flags").

 

Steve Brown, CEO of accesso, commented:

 

"Our ongoing partnership with industry leaders like Merlin and Six Flags is
testament not only to the value and strength of our accesso solutions, but
also the incredibly close client relationships we've built over the years.
During the pandemic, we sharpened our strategic focus and proved we could
effectively meet their evolving needs and capture the resulting uptick in
demand for our revenue-generating technology. These extended contract
agreements are further proof that we have adapted effectively and continue to
provide valuable support to our client base. We are honored to continue
supporting both of these partners for many years to come as we work together
to deliver secure, seamless and intuitive digital experiences for their
guests."

 

accesso's new enterprise-level agreement with Merlin will see it continue
serving as the exclusive ticketing technology provider for 113 Merlin venues
across 19 countries through to August 2026, with the option to extend a
further two years. This partnership supports on-site and online sales,
empowering the operator to offer its guests a seamless and intuitive
purchasing experience.

 

Six Flags will also advance its partnership with accesso by continuing its
existing 10-year agreement that runs through 2025. Having waived an early
termination option, Six Flags will continue to utilise accesso as its
exclusive eCommerce provider across all 18 Six Flags North American theme
parks; the accesso LoQueue virtual queuing suite will continue to support Six
Flags in minimizing wait times for guests across all of its parks in the
United States and Canada.

 

The extension of these agreements with two of accesso's key partners is a
continuation of the company's stated strategy to remain steadfast in
supporting the evolving needs of its existing client base. The Board's
expectations for the 2022 financial year remain unchanged.

 

For further information please contact:

 accesso Technology Group plc                                     +44 (0)118 934 7400

 Steve Brown, Chief Executive Officer

 Fern MacDonald, Chief Financial Officer

 Numis Securities Limited (Nominated Adviser and Sole Broker)     +44 (0)20 7260 1000

 Simon Willis, Hugo Rubinstein

 FTI Consulting, LLP                                              +44 (0)20 3727 1000

 Matt Dixon, Adam Davidson, Jamille Smith, Tom Blundell

 

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 attractions 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
(http://www.accesso.com/) . Follow accesso on Twitter
(https://twitter.com/accessotech) , LinkedIn
(https://www.linkedin.com/company/accesso/) and Facebook
(https://www.facebook.com/accessoTechnologyGroup/) .

 

 

This information is provided by Reach, the non-regulatory press release distribution service of RNS, part of the London Stock Exchange. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

Reach is a non-regulatory news service. By using this service an issuer is confirming that the information contained within this announcement is of a non-regulatory nature. Reach announcements are identified with an orange label and the word “Reach” in the source column of the News Explorer pages of London Stock Exchange’s website so that they are distinguished from the RNS UK regulatory service. Other vendors subscribing for Reach press releases may use a different method to distinguish Reach announcements from UK regulatory news.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  NRAVBLFFLFLEBBB