GuestLogix signs agreement with leading U.S. airline to deploy its retail technology platform onboard all flights

February 5, 2009TORONTO, ON — GuestLogix Inc. (TSX-V: GXI) (“GuestLogix”), the world’s leading provider of onboard retail solutions to airlines, today announced that a leading U.S. carrier has chosen GuestLogix’ Mobile Virtual Store™ platform for its onboard retailing initiatives. The companies expect to complete deployment and announce an official launch in March 2009.

“We have further expanded our footprint with the addition of another top tier airline to our customer network,” said Tom Douramakos, President and CEO of GuestLogix.

“Once our platform is deployed, we will start recognizing a guaranteed monthly recurring revenue stream based on a minimum level of in-flight transactions. The airline industry’s trend toward unbundling fare pricing continues to fuel our growth. Our dominant market share clearly positions us as the de facto standard onboard retail play in the industry.”

About GuestLogix
GuestLogix is the leading provider of onboard retail technology and solutions to the passenger travel industry. Through its de facto standard Mobile Virtual Store™ platform, the Company provides operators the tools and products to become successful onboard retailers, enhance service and drive ancillary revenue growth. With a customer base comprising seven of the top 10 global airlines the Company maintains agreements to serve nearly 30 per cent of the world airline passenger traffic through its technology platform. Additional information on the Company can be found at 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 October 30, 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.

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© 2009 GuestLogix. All Rights Reserved. All other trademarks and trade names are the property of their respective owners.

   
Contacts:

Josef Zankowicz, VP Marketing & Communications, GuestLogix
647-500-1563
josefz@guestlogix.com

   

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