Business News
GuestLogix Inc. to Present at Canaccord Adams 28th Annual Global Growth Conference in Boston
2008-07-30 06:00:00
GuestLogix Inc. to Present at Canaccord Adams 28th Annual Global Growth Conference in Boston
TORONTO and BOSTON, MA, July 30 /EMWNews/ - GuestLogix Inc. (TSX-V:GXI), the leading provider of on-board retail systems to the airline industry, will present at the Canaccord Adams 28th Annual Global Growth Conference being held August 12-14, 2008 at the InterContinental Hotel in Boston, Massachusetts. The Company will discuss the benefits and success of its innovative on-board retail model, and outline its strategy to drive continued growth while helping airlines achieve new profitable revenues in the face of rising fuel prices. The presentation will take place at 11:00 am EDT on Wednesday, August 13, 2008 and will be webcast live and archived for 90 days via the GuestLogix web site and Thomson Reuters at: http://www.corporateir.net/ireye/conflobby.zhtml?ticker(equal sign)GXI.V&item_id=1887737. "The global airline industry trend toward ancillary revenue generation is gaining momentum as major airlines announce plans and implement additional charges for even basic items such as checked baggage, seat selection and refreshments including soft drinks, juices, coffee and bottled water," said Tom Douramakos, President and CEO, GuestLogix. "With more than 50% of the passenger trips of the top 20 global airlines covered under agreements and being deployed on our retail platform, GuestLogix is well positioned to reap the benefits from these additional transactions, creating the potential for accelerated revenue growth into the future." The 28th Annual Global Growth Conference will feature knowledge sessions and presentations by more than 240 of today's most exciting and innovative small- to mid-cap across the Technology, Life Sciences, Real Estate, Consumer, Sustainability and Industrial Growth sectors. Canaccord Adams is the global capital markets group of Canaccord Capital Inc. (CCI:TSX/AIM)
About GuestLogix
GuestLogix is the leading provider of on-board retail technology and
solutions to the passenger travel industry. Through its proprietary Mobile
Virtual Store(TM) platform, the Company provides air, rail and ferry
operators the tools and products to become successful on-board retailers,
enhance service and drive ancillary revenue growth. With a customer base
consisting of world leading airlines such as American Airlines, Delta Air
Lines, Ryanair, Germanwings and Alaska Airlines, GuestLogix maintains
agreements to serve more than a half billion passenger trips annually. For
additional information please visit http://www.guestlogix.com.
Forward-Looking Statements
This news release includes certain forward-looking statements that are
based upon current expectations, which involve risks and uncertainties
associated with GuestLogix' business and the environment in which the
business operates. Any statements contained herein that are not statements
of historical facts may be deemed to be forward-looking, including those
identified by the expressions "anticipate", "believe", "plan", "estimate",
"expect", "intend", and similar expressions to the extent they relate to
the Company or its management. The forward-looking statements are not
historical facts, but reflect GuestLogix' current expectations regarding
future results or events. These forward-looking statements are subject to a
number of risks and uncertainties that could cause actual results or events
to differ materially from current expectations, including the matters
discussed under "Risks and Uncertainties" in the Filing Statement filed on
July 14, 2008 with the regulatory authorities. GuestLogix assumes no
obligation to update the forward-looking statements, or to update the
reasons why actual results could differ from those reflected in the
forward-looking statements.
(C) 2008 GuestLogix. All Rights Reserved.
The TSX Venture Exchange Inc. has not reviewed and does not accept
responsibility for the adequacy or accuracy of this release
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