Galasys : secures first customer for its Mobile Ticketing and Park Map & Navigation Apps

5 March 2015

Galasys PLC

("Galasys" or "The Group")

Galasys secures first customer for its Mobile Ticketing and Park Map & Navigation Apps

Galasys PLC, a leading provider of ticketing systems and solutions to the fast growing theme park industry in Asia , is pleased to announce new contract wins with a total value of c. GBP256, 000.

These contracts have been awarded by Enchanted Kingdom in the Philippines, the country's first and only world-class theme park and by Farm In The City, a new village-themed petting zoo located in Malaysia.

THE PHILIPPINES

Enchanted Kingdom was opened in 2005, has 16 rides, boasts 7 themed zones and attracts over 2 million visitors per annum.

In 2014, Galasys secured the first contract to deploy its ticketing management system for Enchanted Kingdom to entirely replace the incumbent's ticketing system. Following the successful implementation, Galasys has now secured Enchanted Kingdom as the first customer for its newly developed and launched Mobile Ticketing and Park Map & Navigation Apps. The contract also includesGalasys Point-of-Sale (GPOS), GSET Online Ticketing Solutions (GSET-OTS) and additional equipment for access management,

MALAYSIA

Farm In The City ("FITC")is a unique concept that combines the elements of wildlife and nature set in an environment of a conservation park. FITC houses over 100 species of exotic animals and 40 types of tropical fruits.

This contract has been awarded to I Logic Solutions Sdn Bhd, the newly acquired subsidiary of Galasys and includes both its front-end system and back-end ticketing modules.

Commenting on the announcement, Mr. Seah, Chief Executive of Galasys, said:

"We are delighted that our mobile modules and apps will soon be deployed in a premier theme park in Asia. This is further endorsement and testament of the vision of our R&D team in developing products that seek to enhance operational efficiency of park operators and also the overall park experience for the visitors. We expect wider adoption and deployment of these modules and apps by other parks in due course.

I Logic Solutions has secured its first contract as part of the Galasys group and we look forward to working with the I Logic team to further expand our market share in Malaysia.   

Securing new contracts from existing clients represents an endorsement and confidence in our solutions and services. In addition to our ongoing success in China, we believe that we have demonstrated the quality and technical merit that continues to attract repeat business from clients in the wider South East Asia region as well."

Mr. Mario O. Mamon, Chairman and President of Enchanted Kingdom and immediate past Chairman of International Association of Amusement Parks & Attractions (IAAPA) , said

"With the expansion of Enchanted Kingdom and the coming celebration of the park 20th anniversary we are continuing to invest not only in new rides and experience for the park visitors but we are also investing into IT solutions to provide better experience and value to our park visitors. Since the award of the ticketing management systems to Galasys, we are very pleased and collaborated well with Galasys team. Our new ticketing management systems went live according to schedule. Therefore, we are awarding new contracts to Galasys for continuous roll out of their solutions to Enchanted Kingdom and coming expansion of the park."

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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 100 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 Chime Long Group. The Group currently employs and retains more than 140 people across Asia.