New Contracts from Dalian Wanda Group

28 May 2015

Galasys PLC

("Galasys" or "The Group")

Galasys secures additional contracts from Dalian Wanda Group

Galasys PLC (AIM:GLS), a market leading provider of integrated amusement park solutions and services to the fast growing theme park industry in Asia, is pleased to announce new contract win with a total value of c. £280,000.

The contracts were awarded by Wanda Xishuangbanna Theme Park and Wanda Kids Park, both operated by Dalian Wanda Group, currently China's biggest private property developer and the world's largest cinema chain operator.

WANDA XISHUANGBANNA THEME PARK

Wanda Xishuangbanna theme park is part of Wanda's Xishuangbanna International Resort which has a land area of 6 square kilometers (c. 1,483 acres) with a total investment of RMB15 billion (c. £1.63 billion). In addition to the theme park, the resort will house a sports park, 5-star hotels, a theatre, a commercial center, a hospital and a new tourism town. The resort is expected to attract 5 million visitors annually and will commence operation in 2015.

Galasys is providing its ticketing System to Wanda Xishuangbanna theme park.

WANDA KIDS PARK

Wanda Kids Parks focuses on developing the creative-parenting culture for children aged between 1-12 years. It starts with 9 department stores across major cities in China and the total investment in this development is projected to reach RMB5 billion (c. GBP480 million) by 2020, with an estimated presence at 200 stores in China.

In June 2014, Galasys secured the contract to design and customize the entire ticketing management systems and the membership management module. Following the successful implementation, Galasys will now provide an upgrade to the existing system.

Commenting on the announcement, Mr. Seah, Chief Executive of Galasys, said:

"We are delighted that our association with Dalian Wanda has continued to strengthen as the Dalian Wanda Group business expands. The additional contracts secured recently, bear testament to Dalian Wanda's confidence in the quality of our products and services. Our technical merit allows us to continue attracting new and repeat business from reputable clients in China and the South East Asia region.

We look forward to working alongside Dalian Wanda in pursuit of its vision to expand in the leisure and entertainment sector both in China and internationally."

Enquiries:

About Galasys

www.galasystec.com

Galasys is a leading integrated and modular amusement park solutions and services provider to premier amusement parks in China and South East Asia. Through its proprietary systems, the Group provides amusement park operators with the ability to sell, manage and analyse tickets, visitors, merchandise sales and other amusement park operations. It has been operating since 2005 and supplies solutions and services to more than 130 amusement parks in China and South East Asia. The Group has invested more than 50 man-years in R&D and owns the intellectual properties to its software and systems. The Group currently employs and retains more than 140 people across Asia.