LONDON (Alliance News) - Accesso Technology Group PLC Tuesday said it has signed a five-year deal with Malaysia's newest theme park, Movie Animation Park Studios, to install its patented smartphone-based queuing service.
The theme park is expected to open in the middle of 2016, and under the deal, Accesso will install its QSmart product. The deal was originally opened when the Accesso signed a memorandum of understanding with the theme park in 2014.
Accesso's queuing product allows guests to queue without having to stand in line. Instead, they reserve their place in a queue line electronically and are notified when it is their turn to ride.
"MAPS is one of the most unique and exciting projects underway in the leisure and tourism industry in Malaysia, and we are thrilled with the role our technology will play in helping guests maximise their time in the park as well as drive incremental revenue for Movie Animation Theme Park Studios," said Chief Executive Tom Burnet.
Accesso shares were up 1% to 565.50 pence per share on Tuesday morning.
By Joshua Warner; joshuawarner@alliancenews.com; @JoshAlliance
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Accesso Technology Group (ACSO)