GuestLogix Reports Fiscal 2007 Financial Results

- Major airline wins help company achieve record year of growth

TORONTO, ON — February 25, 2007 — GuestLogix Inc. (TSX-V:GXI) today announced its Fiscal 2007 financial results for the year ended November 30, 2007.

Highlights for Fiscal 2007

• Signed contracts with 7 airline customers, including Delta Air Lines, Zoom Airlines, and Alaska Airlines
  
• Announced LSG Sky Chefs as strategic channel partner with 270 airlines and 100 rail/ferry customers
  
• Achieved 355 million passenger trips coverage with Mobile Virtual Store™ platform
• Became publicly traded issuer on the TSX Venture Exchange (Tier 1) and raised over CDN $9 million gross

Fiscal 2007 Financial Review

The Company completed its fiscal year ended November 30, 2007 with record revenue of $5.43 million, up 411% from $1.06 million in fiscal 2006. For fiscal 2007, recurring revenue was 87% of revenue, or approximately $4.73 million. The appreciation of the Canadian dollar, particularly against the U.S. dollar by 14% during fiscal 2007 negatively impacted revenues by approximately 5%. In the fourth quarter, revenues increased by 180% to $1,577,825, compared to $562,464 for the comparable period in 2006.

"Our revenue continues to grow at a rapid pace which reflects the popularity of our innovative on-board retail technology and platform service," said Tom Douramakos, President and CEO, GuestLogix. "As we secure the leading airline brands and grow our passenger trip global footprint we will position steadily to integrate third-party products and services that operators will want to offer through our Mobile Virtual StoreTM. This should lead us to additional profitable revenue growth in Fiscal 2008."

Operating expenses for the year ended November 30, 2007 increased to $6,819,202 from $2,574,108 in fiscal 2006. The increase was due to the continued strong growth of the Company and primarily driven by personnel costs, equipment sales costs, sales and marketing costs and professional fees.

EBITDA1 for the year ended November 30, 2007 was $32,377 compared to ($1,022,754) for the prior year.

Net loss for the year ended November 30, 2007, including non-cash interest accretion charges and stock based compensation expenses totaling $2,186,228, was $3,720,483 or $0.11 per basic and diluted share, compared to a net loss of $2,289,780, including non-cash accretion and stock based compensation expenses totaling $541,055, or $0.08 per basic and diluted share last year.

As at November 30, 2007, the Company's cash and cash equivalents were $5.99 million and the total issued and outstanding shares were 47,857,999.

Detailed Financial Statements
GuestLogix' complete Fiscal 2007 financial statements, Management Discussion and Analysis are available at www.sedar.com.

Notice of Conference Call
GuestLogix will host a conference call on February 25, 2008 at 11:0 0 am (ET) to discuss its Fiscal 2007 financial results and the Company's progress. Tom Douramakos, President and CEO, will host the call. To participate, please dial 416-644-3421 or 800-732-1073. The event will be archived and available for audio replay until March 11th at 416-640-1917 or 877-289-8525 using passcode 21263441#. The replay will also be available at www.guestlogix.com for 90 days.

About GuestLogix
GuestLogix is a leading provider of on-board retail technology and solutions to the passenger travel industry. The world's leading airline brands, including American Airlines, Delta Air Lines, Air Canada, Alaska Airlines and Ryanair rely on GuestLogix to serve their customers daily. GuestLogix is publicly traded on the TSX Venture Exchange in Toronto (Symbol GXI). For more information please visit www.guestlogix.com.

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© 2008 GuestLogix. All Rights Reserved.

The TSX Venture Exchange has neither approved nor disapproved the content of this news release. The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.

1 EBITDA is a non non-GAAP measure that management believes is a useful supplemental measure of operating performance prior to amortization, debt service and income tax. Investors are cautioned that EBITDA should not be construed as an alternative to net income, determined in accordance with GAAP, as an indicator of the Company's performance or to cash flows from operations as a measure of liquidity and cash flows.

Forward-Looking Statements

This news release includes certain forward-looking statements that are based upon current expectations, which involve risks and uncertainties associated with our 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 24, 2007 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.