GuestLogix Announces Private Placement of Shares

November 7, 2008 — TORONTO, ONT — GuestLogix Inc. (TSX-V:GXI), the leading provider of onboard retail systems to the airline industry, today announced that it has entered into a strategic private placement with the Horizons Advantaged Equity Fund, managed by T.I.P. Wealth Manager Inc. of Toronto. GuestLogix will issue 1,176,500 common shares at a price of 0.85 cents for net proceeds of $1,000,025. The common shares to be issued will be subject to a four-month hold period from the transaction closing date. Upon completion of the transaction, GuestLogix will have 55,447,240 shares issued and outstanding. The transaction is not subject to regulatory approval.

Jim Huang, President of T.I.P. Wealth Manager Inc., says: "In today's challenging environment, the global travel industry is actively looking to expand its product offering and generate incremental and profitable revenues. GuestLogix has the technology platform, the people and the momentum to become the dominant player in this field. We are excited to be a strategic partner for GuestLogix."

About T.I.P. Wealth Manager Inc.
T.I.P Wealth Manager Inc. ("T.I.P.") is an investment management firm that aims to provide investment advisory services to individuals and institutions with high levels of trust, integrity and performance. Current offerings include hedge fund, mutual fund and tax advantaged products. Formed in 2006, T.I.P. is headquartered in Toronto, Ontario, Canada. For more information please visit www.tipvest.com.

About Horizons Advantaged Equity Fund
Horizons Advantaged Equity Fund is a new breed of labor sponsored investment fund ("LSIF"). By investing exclusively in public equities, it combines the liquidity and transparency of the public market with the tax advantages of a LSIF. Horizons actively seeks out high growth Ontario-based small corporations for strategic investment. For additional information please visit www.jovfunds.com.

About GuestLogix
GuestLogix (www.guestlogix.com) is the leading provider of onboard retail technology and solutions to the passenger travel industry. Through its proprietary Mobile Virtual Store™ platform, the Company provides air, rail and ferry operators the tools and products to become successful onboard retailers, enhance service and drive ancillary revenue growth. With a customer base consisting of world leading airlines such as American Airlines, Delta Air Lines, Southwest Airlines, US Airways, Ryanair, Germanwings, TUIfly and Alaska Airlines, GuestLogix maintains agreements to serve more than a half billion passenger trips annually.

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 April 23, 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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