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Press release from Marketwire

GuestLogix Named 6th Fastest-Growing Company in Canada According to the 23rd Annual PROFIT 200 Ranking

Thursday, June 02, 2011

GuestLogix Named 6th Fastest-Growing Company in Canada According to the 23rd Annual PROFIT 200 Ranking11:07 EDT Thursday, June 02, 2011TORONTO, ONTARIO--(Marketwire - June 2, 2011) - GuestLogix, Inc. (TSX:GXI), the leading provider of onboard store technology to the passenger travel industry, announced that it ranked 6th on the 23rd annual PROFIT 200 ranking of Canada's Fastest-Growing Companies by PROFIT: Your Guide to Business Success."Our top 10 ranking is a strong testament to our significant growth to date," says Tom Douramakos, President and CEO of GuestLogix. "We are a clear market leader in the airline industry with our onboard retail technology and merchandising platform, and it is our people, the working environment and innovative ideas that have made GuestLogix a world class company that is working with world class clients."Mr. Douramakos continues: "Looking ahead, we are well positioned for continued growth. In addition to working to further expand our customer footprint in the airline industry, we will aim to leverage our existing global customer installed base and successful business model to increase passenger spend on and off board and penetrate other travel sectors. We also plan to augment our organic growth strategy with acquisitions, which we are actively pursuing.""The PROFIT 200 companies are the innovative, high-growth enterprises Canada needs to compete on the global stage," says Ian Portsmouth, Editor-in-Chief of PROFIT Magazine. "PROFIT is proud to celebrate their achievements and ambitions, and we encourage all businesspeople to learn more about the many ways they've come so far, so fast."Ranking Canada's Fastest-Growing Companies by five-year revenue growth, the PROFIT 200 profiles the country's most successful growth companies. Published in the Summer issue of PROFIT and online at, the PROFIT 200 is Canada's largest annual celebration of entrepreneurial achievement.About GuestLogix GuestLogix is the leading global provider of onboard store technology and merchandising, which helps airlines and other operators create, manage, and control onboard retail environments tailored to their needs and their passengers. Serving approximately 40% of the global airline passenger traffic, GuestLogix has become a trusted onboard transaction processing partner to airlines around the world. The Company is headquartered in Toronto, Canada and maintains sales and support facilities in the US, UK, Singapore, and South Korea. GuestLogix is publicly traded on The Toronto Stock Exchange (Symbol: GXI.T). More information is available at PROFIT Magazine PROFIT: Your Guide to Business Success is Canada's preeminent publication dedicated to the management issues and opportunities facing small and mid-sized businesses. For 29 years, Canadian entrepreneurs and senior managers across a vast array of economic sectors have remained loyal to PROFIT because it's a timely and reliable source of actionable information that helps them achieve business success and get the recognition they deserve for generating positive economic and social change. Visit PROFIT online at Statements 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 April 14, 2011 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.FOR FURTHER INFORMATION PLEASE CONTACT: Vanessa HorwellThinkInkMedia Relations305.749.5342 ext. 232vanessa@thinkinkpr.comORKristen DicksonThe Equicom GroupInvestor Relations416-815-0700 ext.