Lo-Q extends contract with Dollywood

Lo-Q, a virtual queuing systems provider for theme parks, water parks and attractions, announced Tuesday that it has been contracted to install its water park solution at Dollywood's Splash Country park for the 2013 season for an initial three-year period.

Lo-Q, a virtual queuing systems provider for theme parks, water parks and attractions, announced Tuesday that it has been contracted to install its water park solution at Dollywood's Splash Country park for the 2013 season for an initial three-year period.

The contract is an extension of its agreement with the adjacent Dollywood, in Tennessee, that had been due to expire at the end of 2013, to the end of 2015.

As such, Lo-Q will continue to supply its Q-bot solution to the Dollywood theme park in which it currently operates.

Tom Burnet, Chief Executive Officer of Lo-Q plc said: "We are delighted that Dollywood has decided to not only extend our Q-bot contract but that the agreement now also includes implementation of our Q-band solution at the nearby Dollywood's Splash Country. These two elements together further demonstrate the strength of Lo-Q's technology offering."

Jason Boothe, Director of Amusements and Admissions of Dollywood theme park added: "Since installing Lo-Q's Q-bot solution in 2007, we've experienced an overall increase in guest satisfaction and look forward to offering our water park guests the same convenience and benefits the Q-band ride reservation system will bring during the upcoming season."

The share price rose 2.68% to 402.50p by 09:35.

NR

Recommended

The MoneyWeek Podcast: picking stocks is fun, but you need to do your homework
Investment strategy

The MoneyWeek Podcast: picking stocks is fun, but you need to do your homework

John Stepek talks to Steve Clapham, investor, analyst and author of The Smart Money Method, about the dangers in picking individual stocks and why you…
8 Apr 2021
BP looks set to return more money to shareholders as it beats expectations
Energy stocks

BP looks set to return more money to shareholders as it beats expectations

Oil major BP is to embark on a share buyback programme after significantly reducing its debts. Saloni Sardana looks at what it means for your portfoli…
6 Apr 2021
Deliveroo has hit the market – but it’s not getting the warmest welcome
UK stockmarkets

Deliveroo has hit the market – but it’s not getting the warmest welcome

Food delivery company Deliveroo made its debut on the stockmarket this morning. But with the share price sliding by 30% straight away, it’s not made t…
31 Mar 2021
Three stocks to buy now that will come back stronger after Covid-19
Share tips

Three stocks to buy now that will come back stronger after Covid-19

Professional investor Ed Wielechowski of Odyssean Capital, chooses three compelling stocks that should thrive in a post-pandemic world.
29 Mar 2021

Most Popular

“Joke” cryptocurrency dogecoin goes to the moon. What’s going on?
Bitcoin

“Joke” cryptocurrency dogecoin goes to the moon. What’s going on?

Dogecoin – a cryptocurrency created as a joke – has risen by more than 9,000% this year alone. Saloni Sardana looks at how something that began as an …
19 Apr 2021
Lab-grown meat: how “moo’s law” will drive innovation
Soft commodities

Lab-grown meat: how “moo’s law” will drive innovation

Jim Mellon and Anthony Chow, co-founders of Aim-listed Agronomics, explain why they believe that “cellular agriculture” will benefit from massive long…
16 Apr 2021
The bitcoin bubble will burst: here’s how to play it
Bitcoin

The bitcoin bubble will burst: here’s how to play it

The cryptocurrency’s price has soared far beyond its fundamentals, says Matthew Partridge. Here, he looks at how to short bitcoin.
12 Apr 2021