Proactive Investors - Run By Investors For Investors

Lo-Q to install Q-band system in ninth Six Flags water park

Lo-Q to install Q-band system in ninth Six Flags water park
Virtual queuing specialist Lo-Q (LON:LOQ) is to install its water park system Q-band in another US theme park run by Six Flags, the world's largest regional operator. 

Six Flags will install the system at the Hurricane Harbor Magic Mountain water park, which is next door to Six Flags' Magic Mountain theme park in California.

It will be the ninth Six Flags water park to adopt Lo-Q’s technology. Six Flags is Lo-Q's largest customer.

Tom Burnet, Lo-Q’s chief executive said:  "We are thrilled that Six Flags has agreed to install our Q-band technology at Hurricane Harbor Magic Mountain. Q-band is one of our newest and potentially most exciting product lines. This additional park means that we are now gearing up to roll out the product into nine Six Flags water parks in the 2012 season."

Q-band uses a wristband that is waterproof and lightweight. People can reserve a "virtual" place at the park's slides and be alerted when the time arrives.

It a new departure for Lo-Q following the success of its Q-bot electronic queue management system, which it originally pioneered in theme parks run by Six Flags.

Lo-Q also supplies Q-bots to Legoland in the UK and recently signed a deal to install the system in 
Legoland Deutschland.

In December, Lo-Q also said it was teaming up with MasterCard to develop a payment system for theme parks using its technology.

Shares in Aim-listed Lo-Q rose 6p to 233p, having risen by nearly 90% over the past twelve months. 
View full ACSO profile View Profile

Accesso Technology Group PLC Timeline

Related Articles

Theme Park
March 28 2019
Canaccord Genuity upgraded its rating for accesso to ‘buy’ from hold’ following the e-ticketing and guest experience firm’s recent full-year 2018 results
Garden Route
The luxury travel specialises in bespoke holidays and holds over 3,500 hotel and agency contracts around the world
Oil pollution
July 02 2018
A name change might be in order if PCG pulls the trigger on two investments it is mulling

© Proactive Investors 2019

Proactive Investors 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