Zaplox Signs Agreement With Icelandair Hotels Group to Deliver the Popular Zaplox Kiosk

Zaplox AB (publ) (“Zaplox”), which offers hotels and casinos a mobile guest journey and kiosk solution for the convenient and engaging guest experience, announces that it has signed an agreement with Icelandair Hotels Group (publ) to deliver Zaplox Kiosk. The agreement includes a total of 1,162 rooms at ten of Icelandair’s hotels in Iceland. Zaplox Kiosk will enable Icelandair Hotels to offer guests the use of a self-service kiosk upon arrival at the hotel. Zaplox Kiosk will be integrated with Oracle Opera PMS and lock systems from SALTO Systems and ASSA ABLOY Global Solutions

Icelandair Hotels Group has selected the latest generation of Zaplox’s successful kiosk solution, Zaplox Kiosk to make the check-in and checkout process smoother and more efficient at ten of its hotels in Iceland. In the near future, Icelandair Hotels will be able to offer guests the ability to find their reservation, check-in, and encode their own key card by using the Zaplox Kiosk. Guests can also use the kiosk to check out and pay for their stay.  Zaplox Kiosk allows Icelandair Hotels to immediately improve the guest experience by eliminating the need for guests to wait in line to check-in and receive a key card. At the same time, it enables the hotel to utilize its staff resources more efficiently and offer new revenue-generating services, including spa and restaurant reservations, presented at a time when guests are more receptive to making a purchase. Self-service via Zaplox Kiosk is available via touch screen computers in the hotel lobby and will be integrated with the Oracle Opera property management system and lock systems from SALTO Systems and ASSA ABLOY Global Solutions.

“We are very proud that Icelandair Hotels has chosen Zaplox as its partner for the hotels’ digital guest journey. Our kiosk solution is a smart and cost-effective option for hotels that have not yet fully adopted mobile access locks and are still using key card locks or a combination of both types of locks. Icelandair Hotels will now have the opportunity to offer guests a quick and easy check-in and checkout process, resulting in improved guest experience,” says Magnus Friberg, CEO at Zaplox AB.

The initial value of the agreement, including the volume-based revenue for the first year of operation, is estimated to approximately SEK 500,000. If the solution remains in full operation at the 10 contracted hotels for seven years, which is the average lifetime of a hotel room door lock, the forecasted revenue is SEK 3.3 million for Zaplox. The agreement does not include any volume or revenue guarantees. The first kiosks are scheduled to be up and running in April of 2020.

About Icelandair Hotels Group

Icelandair Hotels is Iceland’s leading hotel chain with 16 hotels and a total of 1,512 rooms in Iceland. Icelandair Group is the parent company of nine subsidiaries in the Icelandic travel industry, and Icelandair Hotels is one of them. Together with the other subsidiaries, Icelandair Hotels plays an important role in the development of the local infrastructure, offering a wide selection of accommodation, restaurants, and spas that cater to a broad clientele with a portfolio of sixteen brands. In Reykjavik, it has 875 rooms at Reykjavik Marina, Reykjavik Natura, Hilton Reykjavik Nordica, Canopy Reykjavik City Center, Alda Hotel Reykjavik, Reykjavik Consulate, and Reykjavik Marina Residence and an additional 637 rooms at hotels in the Icelandic countryside. http://www.icelandairhotels.com

For more information, please contact:
Magnus Friberg, CEO
magnus.friberg@zaplox.com or ir@zaplox.com
Tel: +46 706 58 07 60

Västra Hamnen Corporate Finance AB is the certified adviser for Zaplox AB (publ).  ca@vhcorp.se  Tel: +46 40 200 250

About Zaplox

Zaplox helps hotels and vacation home rentals to create a modern and profitable mobile guest experience. Zaplox is a market innovator of the mobile guest journey and mobile key services for the global hotel market with a total market potential of approximately 20 million hotel rooms. Zaplox operates in Europe and North America and offers a turnkey platform for managing the guest’s hotel stay. With the help of mobile technology, Zaplox offers added value by improving the check-in and checkout process and distributing mobile keys for the hotel rooms directly to guests’ mobile phones. Zaplox solutions include a software development kit (SDK) that allows hotels to add Zaplox functionality to their existing hotel app, and Zaplox mobile app is a cost-effective way for hotels to launch their own app. In addition, Zaplox offers a self-service kiosk solution that helps deliver a frictionless guest journey. Zaplox solutions save time and costs while providing hotels with a direct channel to communicate with the guests and the opportunity to generate additional revenue. Zaplox works with all major smartphone platforms and can support the hotel’s lock and property management system. The systems can replace or coexist with key cards and physical keys. Zaplox systems have been in commercial use since 2011 and have helped deliver more than 2.5 million guest nights. Zaplox was founded in 2010 at Ideon Science Park in Lund, Sweden, and the company has offices in Europe and the United States. The Zaplox stock is listed on the NASDAQ First North Growth Market. For more information, please visit www.zaplox.com.

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