Mr. Brett Proud reports

GUESTLOGIX SECURES RENEWAL WITH NORTH AMERICAN LOW-COST CARRIER TO SUPPORT ONBOARD ANCILLARY REVENUES

Guestlogix Inc. has arranged a renewal agreement with a North American carrier for the continued fleetwide use of the company's retail platform and PCI-compliant POS hand-held devices. The airline will also continue to utilize Guestlogix's Global Payment Gateway for credit card recovery services and enhanced revenue protection. This signing demonstrates Guestlogix's market leadership position and its commitment to innovation, as it protects its customer base and global footprint.

"At Guestlogix, we are committed to providing the most innovative and secure retail solutions while fostering strong relationships with our customers," said Brett Proud, president and chief executive officer, Guestlogix. "By providing powerful end-to-end retail technology that meets ever-changing global payment standards, we aim to ensure the satisfaction of our customers as we support their evolving ancillary revenue initiatives. We are thrilled to have earned the continued business of this low-cost carrier and look forward to further elevating its retailing performance."

Guestlogix's portfolio of solutions, including its Transaction Processing Engine and Global Payment Gateway, are backed by 82 payment and operational certifications, making Guestlogix the most trusted technology provider in the industry. Guestlogix's retail platform and PCI-compliant POS hand-held devices are used on board this North American carrier to accept credit cards for the purchase of food and beverage across all routes. In addition to utilizing the company's leading solutions, the airline will also continue to leverage Guestlogix's Global Payment Gateway to mitigate payment risk.

"Our Global Payment Gateway has recovered previously declined revenues across many of our customers, including this airline, leading to significant improvements in ancillary revenue generation," said Ilia Kostov, executive vice-president, global sales and product strategy, Guestlogix. "Not only will we continue to power this airline's on-board store into the future, but we will continue to provide the necessary tools to protect its bottom line."

This renewal agreement represents approximately 10.7 million passenger trips per year for Guestlogix.

We seek Safe Harbor.