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GuestLogix' Transaction Processing Engine was designed and developed for the secure capture and processing of payments through a variety of access points. By integrating GuestLogix' technology, [Thales] has expanded its popular IFEC systems into seat-centric storefronts, benefiting its airline customers and their passengers, while also maintaining its status as a leader in aircraft innovations. The incorporation of GuestLogix' TPE into these seatbacks marks a first for GuestLogix and further strengthens the Company's position in the market.
This news release includes certain forward-looking statements that are based upon current expectations, which involve risks and uncertainties associated with GuestLogix' business and the environment in which the business operates. Any statements contained herein that are not statements of historical facts may be deemed to be forward-looking, including those identified by the expressions "anticipate", "believe", "plan", "estimate", "expect", "intend", and similar expressions to the extent they relate to the Company or its management. The forward-looking statements are not historical facts, but reflect GuestLogix' current expectations regarding future results or events. These forward-looking statements are subject to a number of risks and uncertainties that could cause actual results or events to differ materially from current expectations, including the matters discussed under "Risks and Uncertainties" in the Filing Statement filed on October 15, 2012 with the regulatory authorities. GuestLogix assumes no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those reflected in the forward-looking statements.