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

Imperial Brands has an 8.3% dividend yield – but what’s the catch?
Share tips

Imperial Brands has an 8.3% dividend yield – but what’s the catch?

With an impressive dividend yield of 8.3%, Imperial Brands looks to be one of the most attractive income stocks in the FTSE 100 . But investors should…
6 Jul 2022
Can Royal Mail continue to deliver its 7.6% yield?
Share tips

Can Royal Mail continue to deliver its 7.6% yield?

Royal Mail shares are yielding 7.6% this year. But it’s facing some huge challenges, says Rupert Hargreaves. So is Royal Mail’s dividend sustainable?
6 Jul 2022
Saga’s figures are heading in the right direction – so should you buy?
Share tips

Saga’s figures are heading in the right direction – so should you buy?

Saga the over-50s travel and financial services specialist, has been struggling for years. But now, with the pandemic behind, it it is planning for fu…
5 Jul 2022
Director dealings w/e 1 July: what company insiders are buying and selling
Stocks and shares

Director dealings w/e 1 July: what company insiders are buying and selling

Directors’ share dealings can often give investors an insight into the sentiment of company insiders. Here are some of the biggest deals by company di…
5 Jul 2022

Most Popular

Is inflation about to drop as recession takes hold?
UK Economy

Is inflation about to drop as recession takes hold?

Central banks are raising interest rates in an attempt to curb soaring inflation. But will that push the economy into recession? John Stepek looks at …
5 Jul 2022
Ray Dalio’s shrewd $10bn bet on the collapse of European stocks
European stockmarkets

Ray Dalio’s shrewd $10bn bet on the collapse of European stocks

Ray Dalio’s Bridgewater hedge fund is putting its money on a collapse in European stocks. It’s likely to pay off, says Matthew Lynn.
3 Jul 2022
Is it OK to buy Scottish Mortgage investment trust again?
Investment trusts

Is it OK to buy Scottish Mortgage investment trust again?

Scottish Mortgage investment was hit hard by the tech-stock crash, and it is still being buffeted by headwinds. Should new investors wait for those to…
5 Jul 2022