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@example.com Kevin Mitchell, 610-341-1850; firstname.lastname@example.org CONTACT REDSKINS: Karl Swanson, 703-726-7135; email@example.com
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