GuestLogix Provides Q2 Outlook, Comments on Current Airline Industry Trends

Toronto-based GuestLogix Inc. a leading provider of on-board retail systems to the passenger travel industry, today provided its outlook for Q2 fiscal 2008 and commented on the impact of escalating fuel costs on its business.

Despite the operating volatility experienced by its airline customers, resulting from record-high jet fuel prices, GuestLogix remains on track to report record revenues that will fall within analysts’ estimates for the second quarter which ended May 31, 2008.

GuestLogix has signed some of the biggest names in the airline industry, such as American, Delta, and Ryanair . It has captured more than 50 percent of the passenger trips represented by the top 20 airlines in North America.

The Company has deployed its proprietary Mobile Virtual Store(TM) technology platform to support 200 million passenger trips among airlines and has a backlog of 400 million passenger trips, which the company expects to have fully deployed by the end of the summer travel season.

High fuel prices have forced airline operators to begin upgrading their old fleets more rapidly with newer, more fuel-efficient planes, as well as adopt on-board retail programs incorporating the sale of snacks, non-alcoholic drinks such as bottled water and coffee, and virtual merchandise such as attraction tickets and airport transfers.

Many airlines are developing retail programs that span all the customer touch-points starting with flight reservation on the airlines’ web sites and ending with the passenger’s return home. GuestLogix has created an on-board model that allows operators to get into retailing in as little as four weeks depending on the fleet size.