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FLO Corp. Forges Alliance with Washington Redskins to Speed Fans’ Access at FedExField
2008-07-29 07:30:00
FLO Corp. Forges Alliance with Washington Redskins to Speed Fans’ Access at FedExField
Ticket Holders Using Redskins FLO Cards Can Also Use Their Cards at Reagan
National, Dulles and 17 Other U.S. Airports to Speed through Security
CHANTILLY, Va., July 29 /EMWNews/ -- FLO Corporation (OTC
Bulletin Board: FLRP), which markets the FLO Registered Traveler card that
gives members fast access through security at leading airports, today
signed a three-year, exclusive agreement with the Washington Redskins
football team. This partnership will bring the benefits of the FLO Card to
the team's millions of fans including preferred access to FedExField when
attending Redskins games as well as speedy access through special security
lanes at Reagan National, Dulles and other major U.S. airports.
Redskins fans participating in the program will be issued a collectible
Redskins branded access card and will be able to quickly enter the stadium
through specially marked and dedicated "Fast Lane" stadium gates. A
one-year membership, which includes the Redskins Fast Lane card, rtGO(sm)
Registered Traveler services at airports and additional benefits loaded
into the card, is only $100. FedExField, the home of the Washington
Redskins, is the NFL's largest stadium, holding as many as 92,000 fans.
(For a sample image of the Redskins / FLO card go to
http://www.flocard.com/redskins/card)
"This is the first step in a major expansion of our business that will
allow FLO members quick access through security at airports as well as
preferred access to major concerts, venues and events where regular
entrances can at times become extremely crowded," said Glenn Argenbright,
Chairman and CEO of FLO Corp. "In accordance with our strategy, we are
evolving the platform beyond Registered Traveler and developing an
expanding variety of lifestyle-enhancement benefits.
Washington Redskins Chief Operating Officer, Mitch Gershman said, "I am
excited to bring red-carpet treatment to FedExField on game day for
thousands of loyal Redskins' fans. This affordable and innovative new
service enables the average fan to enjoy premier fast lane-access, a
service not available at any other sports venue in the country."
"This fan-centric membership helps to advance our ongoing quest to
improve the total fan experience on game day. The bonus for our fans is
that by partnering with FLO Corp., the Redskins card also enables members
to get through security in just minutes at Reagan, Dulles and 17 other U.S.
airports. Over 60,000 Redskins fans took more than 10 domestic trips in the
last year; and more than 500,000 traveled domestically for business,"
Gershman added.
FLO cards, including the new Redskins branded card, are interoperable
with all Registered Traveler verification stations that the U.S.
Transportation Security Administration has approved at 19 U.S. airports. In
addition, FLO offers a robust assortment of benefits that add value, choice
and convenience far beyond the airport security lane. These benefits can be
selected from more than 75 options. They include such offerings as a
personal concierge, worldwide airline lounge access, discounts on top brand
gift cards, worldwide travel assistance, travel insurance and mortgage
concierge services. Details about FLO's benefit programs can be found at
http://www.flocard.com/.
FLO Executive Vice President Luke Thomas said, "The business
opportunity for FLO in partnering with the Redskins is significant. The
team's exceptional demographics will enable FLO to offer its services to
the millions of fans in the Washington area. With over 6,000 businesses,
including some of the largest corporations in the United States as season
ticket holders, this will no doubt be a winning season for all parties to
this new service at FedExField."
In addition, Redskins branded FLO cardholders receive a 10% discount on
all purchases at Washington Redskin Official Team Stores. It is possible to
pre-register today at http://www.flocard.com/redskins and have the chance to win
Redskin tickets, autographed merchandise and access to exclusive "FLO-only"
Redskins events. A portion of every card sold will benefit The Washington
Redskins Charitable Foundation.
About FLO Corp.
FLO Corp. offers a new lifestyle solution, a card that provides faster
and simpler processing at airport security checkpoints through the
Registered Traveler program administered by the U.S. Transportation
Security Administration and other venues, such as the Washington Redskins
football stadium, FedExField. The FLO card offers qualified individuals
expedited security screening in designated lanes at major airports. In
addition, card holders receive benefits such as discounts on merchandise
and services as well as promotional offers. For more information about the
FLO program visit http://www.flocard.com.
About The Washington Redskins Charitable Foundation
The Washington Redskins Charitable Foundation, the nonprofit
philanthropic arm of the team combines the influence and popularity of the
Washington Redskins with the resources and assets of Washington area
corporations. Founded by Redskins owner, Daniel M. Snyder, the Charitable
Foundation is guided by its Leadership Council that consists of CEOs who
help shape and define the philanthropic efforts of the Redskins to achieve
a measurable impact on youth development in the areas of education,
community outreach, and health and wellness. Visit http://www.Redskins.com and
click on Community for more information.
NOTE REGARDING FORWARD-LOOKING STATEMENTS
This release contains information about our management's view of our
future expectations, plans and prospects that constitute forward-looking
statements for purposes of the safe harbor provisions under The Private
Securities Litigation Reform Act of 1995. Actual results may differ
materially from historical results or those indicated by these
forward-looking statements as a result of a variety of factors. For
example, our business will depend on our ability to establish and maintain
strategic relationships with travel services, technology, and other
companies. If we are unable to establish and maintain such relationships or
if current relationships were to weaken, our actual results may differ
materially from those indicated by the statements made in this release and
our business could suffer. In addition, we expect to incur substantial
transaction and restructuring charges as we integrate the rtGO(sm) solution
with our solution, and there may be additional unanticipated costs. The
integration of any acquisition involves numerous risks, including, among
others, difficulties in assimilating operations and products, diversion of
management's time and attention from other business concerns, potential
exposure to unknown or contingent liabilities and possible loss of
significant customers or impairment of relationships. We may not achieve
the expected benefits of the transaction in the near term, or at all. Our
failure to successfully, timely integrate the Unisys rtGO(sm) solution with
our business could harm our business and future prospects. Other factors
that could cause actual results to differ materially from historical
results or those indicated by the statements in this release include, but
are not limited to, risks and uncertainties associated with our financial
condition and our efforts to meet the TSA's requirements to offer
Registered Traveler services to sponsoring entities as well as those
included in our annual report on Form 10-K filed with the Securities and
Exchange Commission on April 15, 2008, and other documents we periodically
file with the Securities and Exchange Commission.
NOTE REGARDING TRADEMARKS
"FLO" is a trademark of FLO Corporation. The names of actual companies
mentioned herein may be the trademarks of their respective owners.
CONTACT FLO:
Richard Stern, 212-888-0044; [email protected]
Kevin Mitchell, 610-341-1850; [email protected]
CONTACT REDSKINS:
Karl Swanson, 703-726-7135; [email protected]
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