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Share Name Share Symbol Market Type Share ISIN Share Description
Lo-Q LSE:LOQ London Ordinary Share GB0001771426 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +0.00p +0.00% 680.00p 0.00p 0.00p - - - 0 01:00:00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Travel & Leisure 29.1 3.2 14.6 46.7 134.09

Accesso Technology Group PLC accesso announces partnership with Groupon

17/10/2018 7:00am

RNS Non-Regulatory


TIDMACSO

Accesso Technology Group PLC

17 October 2018

17 October 2018

accesso(R) Technology Group plc

("accesso" or the "Group")

accesso announces partnership with Groupon to provide new capabilities for clients

- Customer inventory to become bookable through Groupon -

- Ingresso integration with Groupon reflects increasing demand for aggregated inventory -

accesso Technology Group plc (AIM: ACSO), the premier technology solutions provider to leisure, entertainment, cultural and hospitality markets, today announces a strategic partnership with Groupon to utilise the Ingresso distribution platform to connect with some of the biggest names in entertainment and leisure.

The integration, beginning in late Autumn 2018, will allow for seamless mobile experience for Groupon customers, giving them instant access to ticketing inventory across Ingresso's supplier network. The agreement will also enable current accesso clients to make their tickets available to a vastly expanded audience, gaining access to Groupon's 49.5 million global active customers.

Following last week's announcement of a partnership for Ingresso with Google, today's announcement is a further demonstration of accesso'sstrengthening position in the ticketing distribution market after its entrance with the acquisition of Ingresso in 2017.

Paul Noland, CEO of accesso, commented:

"We're delighted to be announcing this partnership agreement with Groupon, a globally recognised brand in the eCommerce space. By partnering with Groupon we are responding to consumer demands that want to buy their tickets all in one place, and we are providing the backbone that allows them to do that".

Brian Fields, Groupon's Vice President and General Manager, commented:

"Working with Ingresso gives us the ability to leverage our huge presence on mobile to provide the best possible experience for our customers and merchants. As one of the biggest marketplaces for live entertainment in North America, this partnership will enable us to bring even more choices to the tens of millions of Groupon customers looking for fun things to do near them or where they travel."

- Ends -

For further information, please contact:

 
 accesso Technology Group plc             +44 (0)118 934 7400 
 Tom Burnet, Executive Chairman 
  Paul Noland, 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(R) Technology Group

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 clients 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. Follow accesso on Twitter, LinkedIn and Facebook

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 or visit www.rns.com.

END

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October 17, 2018 02:00 ET (06:00 GMT)

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