Business
Partnership Agreement
Partnership Agreement.
About this update from Accesso Technology Group Plc
[{"type":"text","content":"\n \nRNS Number : 8307O Accesso Technology Group PLC 12 August 2014 \n \n\n \n12 August 2014\n \naccesso® Technology Group plc\n \n(\"accesso\" or the \"Group\")\n \nPartnership Agreement\n \n- accesso signs partnership agreement with Vision Works Global -\n \n- Agreement with South Korean firm expands accesso's growth opportunities in Asia -\n \naccesso® Technology Group plc (AIM: ACSO), the premier technology solutions provider to the global attractions and leisure industry, today announces that it has signed a three year partnership agreement with Vision Works Global to help facilitate accesso's expansion into the fast-growing South Korean theme park market.\n \nVision Works Global provides consulting, deal structuring and brokering, and new business development for a range of location-based entertainment projects in South Korea. The Company's extensive professional contacts will enable accesso to expand its virtual queuing solutions into the country's rapidly evolving attractions industry. \n \nSouth Korea's theme park and entertainment services market continues to attract significant interest from developers with the top theme parks in the country enjoying attendance increases of 10 per cent. The country's investment in theme parks and destination resorts is helping attract visitors from Southeast Asia and Mainland China, regions that continue to benefit from an increase in disposable income. \n \nCommenting on the agreement, Tom Burnet, Chief Executive Officer of accesso said: \n \n\"This partnership represents another significant milestone for our Company as we look to extend our presence in the important Asian market. The theme park and attractions industry in South Korea has abundant opportunity for growth and expansion, and has also reached a level of maturity where operators are placing a greater emphasis on the guest experience and revenue optimisation. Our innovative technologies, particularly those that are mobile-centric, partnered with Vision Work Global's local knowledge and industry expertise, will enable us to make a greater impact across the region.\"\n \nJin Wook Choi, CEO of Vision Works Global, said:\n \n\"The monetisationof queue lines is a revolutionary concept for many of our clients particularly in terms of driving addit...