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7 Sep 2015 07:00
7 September 2015
Galasys PLC
("Galasys" or "The Group")
Galasys secures contract with a new international theme park in Shanghai
Galasys PLC (AIM:GLS), a leading provider of solutions and services to the fast growing theme park industry in Asia, is pleased to announce a multi-year deal with Shanghai International Theme Park Company Limited and Shanghai International Theme Park Associated Facilities Company Limited to research, develop and manage a Third Party System Integrator platform which includes a Business-to-business General Admission module.
The arrangement will allow Galasys to license and customise its Intelligent Cloud Business-to-Business ("Cloud B2B") system as a Third Party System Integrator platform, working with travel agents for the sale of theme park and theatre admission tickets. The contract will run for five years and has a total value of approximately RMB 6.6 million (c.£660,000).
Commenting on the announcement, Mr. Sean Seah, Chief Executive of Galasys, said:
"This deal is a significant step for Galasys and bears testament of the standard of our products and services, further validating our ability to compete in international markets. We have again demonstrated our technical merit and continue to attract new and repeat business from reputable clients in China and South East Asia region."
Enquiries:
Galasys PLC | + 6032858 9959 |
Teh Kim Seng - Non-executive Chairman Sean Seah - Chief Executive Officer
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WH Ireland (Nominated Advisor & joint broker) | 0207 220 1666 |
Adrian Hadden/Mark Leonard
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Newgate (Financial PR) | 0203 653 9850 |
Adam Lloyd/Bob Huxford/Alex Shilov/Helena Bogle
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About Galasys
www.galasystec.com
Galasys is a leading integrated and modular amusement park solutions and services provider to premier amusement parks in China and South East Asia. Through its proprietary systems, the Group provides amusement park operators with the ability to sell, manage and analyse tickets, visitors, merchandise sales and other amusement park operations. It has been operating since 2005 and supplies solutions and services to more than 150 amusement parks in China and South East Asia. The Group has invested more than 50 man-years in R&D and owns the intellectual properties to its software and systems. The Group's first ticketing management system contract was awarded in 2005 by Chimelong Group. The Group currently employs and retains more than 130 full-time employees across Asia.
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