Lo-Q makes a splash in US
Lo-Q, the AIM-listed provider of virtual queuing systems for theme parks and major attractions, has signed a three year agreement with Palace Entertainment, the largest operator of water parks in the US.
Lo-Q, the AIM-listed provider of virtual queuing systems for theme parks and major attractions, has signed a three year agreement with Palace Entertainment, the largest operator of water parks in the US.
Under the agreement, Q-band, Lo-Q's waterproof virtual queuing wristband will be used at Splish Splash, Palace Entertainment's water park in Long Island, New York.
The Q-band is designed to allow park visitors to avoid waiting in long queues by reserving a place in the queue virtually, and entering the queue at a separate kiosk further down the line.
Subscribe to MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE
Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Announcing the trial, Tom Burnet, Chief Executive Officer of Lo-Q plc said:
"This contract highlights the strength of Lo-Q's ground-breaking water park product and the increasing interest in our solutions from all corners of the entertainment sector."
The share price rose 5.88% to 216p by 08:24.
NR
-
Buying a property is cheaper than renting again – how much could you save?
News Zoopla research shows it is now 8% cheaper to buy than rent. We reveal the places where you can save more by getting on the property ladder.
By Marc Shoffman Published
-
Is now a good time to invest in India?
Should you invest in India? Its market has stood out of the emerging market pack, helped by a growing pool of domestic investors.
By Cris Sholto Heaton Published