Sign up UNITED KINGDOM
Proactive Investors - Run By Investors For Investors

Lo-Q wins further contract at Merlin Entertainments site

Lo-Q wins further contract at Merlin Entertainments site

Lo-Q (LON:LOQ), the provider of virtual queueing solutions, has won a contract to install its system at a theme park in Germany.

The three year contract will see the firm's Q-bot electronic queue management system installed at LEGOLAND Deutschland in time for the attraction's opening on March 30 this year.

The agreement follows the success of the company's systems at two other Merlin Entertainment sites - LEGOLAND Windsor in the UK and Heide Park, also in Germany.

Lo-Q chief executive Tom Burnet said in a statement: "We are delighted that Merlin Entertainments Group has agreed to install yet another Q-bot system in one of its most exciting parks.

"For us, this decision marks another important vote of confidence in the value and capability of our technology. Adding LEGOLAND Deutschland to our park portfolio further strengthens our presence in the European theme park arena and we look forward to building on this renewed strength in the coming months."

The Q-bot is a hand-held device which allows visitors to reserve their time on a ride without having to physically stand in the queue, something which has great appeal to LEGOLAND's very young visitors. This innovative product enables park operators to maximise the revenue they can generate at their parks, freeing up visitors to enjoy other attractions, eat at one of the many restaurants and use other services rather than standing in line.

Q-bot is a handheld device that allows theme park visitors to queue virtually. After making a reservation, the system registers that person or group into a virtual queue.

Guests are informed via the Q-bot’s display, and with a beep and vibration, that their ride is ready, while the device can also inform users of a ride’s breakdown and allow rescheduling of reservations.

LEGOLAND Deutschland is one of Germany's most popular family  parks and is constructed from more than 55 million LEGO bricks and is targeted at families with young children. 

Today's contract win comes just weeks after the firm revealed it was teaming up with MasterCard for its latest innovation.

The pair is to develop a new contactless payment device that combines the card giant’s PayPass payments technology with Lo-Q's software.

Once developed, they will then promote the combined product to theme parks, water parks and other attractions.

Giles_55af4ddca6481.jpg
Why Invest In Accesso Technology Group PLC? Read More Here

Register here to be notified of future ACSO Company articles
View full ACSO profile View Profile

Accesso Technology Group PLC Timeline

Related Articles

golfer silhouette
January 12 2017
ZoomAway's technology allows travellers to bundle together accommodation with activities such as golf or skiing, and book it directly through the hotel's website
Gamers playing
February 22 2017
PCG’s shares rocketed nearly 150% higher over a five-day period as a stock overhang created by its decision to draw a line under the CPDC purchase was finally cleared.
Legoland characters
March 21 2017
"We have continued to make excellent progress in our quest to extend Accesso's market leadership in all our operating areas," said CEO Steve Brown

© Proactive Investors 2017

Proactive Investor UK Limited, trading as “Proactiveinvestors United Kingdom”, is Authorised and regulated by the Financial Conduct Authority.
Registered in England with Company Registration number 05639690. Group VAT registration number 872070825 FCA Registration number 559082. You can contact us here.

Market Indices, Commodities and Regulatory News Headlines copyright © Morningstar. Data delayed 15 minutes unless otherwise indicated. Terms of use