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RCS - Accesso Technology - Positive momentum with renewals and new contracts

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RNS Number : 8374C  Accesso Technology Group PLC  13 February 2020

13 February 2020

accesso® Technology Group plc

 

("accesso" or the "Group")

 

Positive momentum with renewals and new contracts

 

accesso (http://www.accesso.com) 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
(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 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 (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
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