Lo-Q (LON:LOQ) - Lo-Q adds another major operator
Oct 11th 2012 - Edison Investment Research today published a report on Lo-Q (LOQ.L, LSE:LOQ, LON:LOQ) entitled "Lo-Q Adds Another Major Operator". In summary, the report says:
Lo-Q has today announced it has signed a contract with an un-named major US theme park operator to install the Q-bot in two of its parks in the US. We believe this new customer is a top-10 global operator, which would mean that Lo-Q’s virtual queuing technology is now being used by six of the top 10 global operators, following the announcement on Tuesday that Compagnie des Alpes has also become a customer. Lo-Q’s technology is in widespread use in parks at only one of these six operators, Six Flags, so there is significant potential to develop these relationships. In our view, the latest contract win also provides another compelling indication that theme park operators believe Lo-Q’s virtual queuing patents...
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