3rd Nov 2006 08:11
Lo-Q PLC03 November 2006 Lo-Q Plc announces expanded agreement with Six Flags Lo-Q plc ("Lo-Q" or the "Company") today announces that Six Flags has agreedthat, upon execution of a mutually agreed-upon contract, it will extend the useof the Lo-Q Guest Services System to an additional two Six Flags theme parks.This would bring to seven the total of Six Flags parks to which Lo-Q providesservices; additionally, Lo-Q would have responsibility for the operation andsales of the Q-bots in all those parks. The two additional parks would implement Lo-Q's new VQ2020 system, which bringsgreater ease of use for guests and simpler installation in parks; the otherparks will transition to use of the VQ2020 system over time. Leonard Sim, Managing Director of Lo-Q commented: "This extension, if executed, would be good news for our company. The excellentwork done by Steve Drake and his operations team is one factor leading to thislarge expansion of our operational responsibilities, a challenge we are happy toaccept. Another factor was the imminent availability of the VQ2020 system withits revolutionary features and cost cutting architecture. Our development teamhave done an outstanding job in bringing this product to fruition." Contacts: Jeff McManus, Lo-Q Plc - 01491 577 210John Prior, Corporate Synergy Plc - 0207 448 4400 This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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