FLO Expands Into National Incentive Meetings Market
Customers Enrolled During Las Vegas conclave
Chantilly, Virginia, June 12, 2008--FLO Corporation (OTCBB: FLRP), a leading Registered Traveler (RT) services provider, today announced an exclusive distribution agreement with Advantage Performance Network (APN) an industry-leading and award winning meetings, incentives and corporate travel company located in Savage, MN and serving customers nationwide. This agreement enables FLO to develop a new and large-scale enrollment channel where the efficiency of enrolling corporate employees and their family members during incentive meetings will drive benefits for FLO members and shareholders alike.
“We are pleased to offer onsite convention enrollment this week here in Las Vegas to the high-performance partners of Advantage Performance Network,” said FLO Senior Vice President of Strategic Sales Fred Fischer. “APN will offer RT enrollment opportunities to clients who annually schedule hundreds of meetings, incentive trips, trade shows and events. This exposure will no doubt lead to additional penetration of these corporate accounts with respect to RT and their day-to-day business travelers. It is indeed a privilege to partner with APN owner, President and CEO Mary Sue Leathers who was honored in 2007 as the national Woman Business Owner of the Year by the National Association of Women Business Owners!”
FLO memberships are designed to be interoperable with all RT authentication stations deployed by TSA-approved service providers at any of the approximately 18 U.S. airports currently participating in the RT program. FLO’s RT 2.0 benefits platform offers access to a robust menu of membership benefits and perks that add value, choice and convenience far beyond the airport security lane. Packages can be selected based on individual preference and include nationwide benefits such as personal concierge and discounted golf club rental services, worldwide airline lounge access, personal GPS and mortgage concierge services. Details about FLO benefits can be found on the firm’s newly launched web portal,
http://www.flocard.com.
Advantage Performance Network President and CEO Mary Sue Leathers stated, “We are always looking for ways to add value to clients when they make a strategic investment in an important meeting or incentive event. It’s a real benefit to be able to offer a customized RT enrollment process while a group of colleagues are together at a corporate event; it can support the employee relations objectives of the gathering. FLO’s RT 2.0 program and appropriate approach to a travel industry market that values flexibility is a sure winner.”
About FLO
FLO Corporation provides a comprehensive solution for the Registered Traveler program that is built on world-class, scalable technology and administered by the U.S. Transportation Security Administration. The Registered Traveler program is designed to identify air passengers who pose a minimal security risk and then to provide those passengers with access to faster and simpler processing at airport security checkpoints. FLO Corporation has formed the “FLO Alliance” – strategic relationships with several companies with extensive expertise in credentialing, security, access control, customer service, travel services, political lobbying and corporate and consumer marketing – designed to develop, market, sell and deploy an end-to-end solution and to provide Registered Traveler benefits to qualified individuals for expedited security screening in designated lanes at participating airports in addition to receiving promotional offers and discounts offered by retail partners. The FLO Alliance consists of strategic relationships FLO has with Johnson Controls Federal Systems, Inc., JPMorgan Chase Bank, N.A., Smiths Detection Inc., Unisys Corporation and International RAM. For more information about the FLO program and Alliance visit
http://www.flocard.com.
About Advantage Performance Network
Advantage Performance Network (APN) is a full-service Performance Improvement and Travel Management company. APN designs integrated solutions that achieve targeted business objectives by motivating, inspiring, engaging, recognizing, and rewarding target audiences whose behaviors drive business results.
www.advantageperformancenetwork.com
NOTE REGARDING FORWARD-LOOKING STATEMENTS
This release contains information about our management's view of our future expectations, plans and prospects that constitute forward-looking statements for purposes of the safe harbor provisions under The Private Securities Litigation Reform Act of 1995. Actual results may differ materially from historical results or those indicated by these forward-looking statements as a result of a variety of factors. For example, our business will depend on our ability to establish and maintain strategic relationships with travel services, technology, and other companies. If we are unable to establish and maintain such relationships or if current relationships were to weaken, our actual results may differ materially from those indicated by the statements made in this release and our business could suffer. In addition, we expect to incur substantial transaction and restructuring charges as we integrate the rtGO solution with our solution, and there may be additional unanticipated costs. The integration of any acquisition involves numerous risks, including, among others, difficulties in assimilating operations and products, diversion of management’s time and attention from other business concerns, potential exposure to unknown or contingent liabilities and possible loss of significant customers or impairment of relationships. We may not achieve the expected benefits of the transaction in the near term, or at all. Our failure to successfully, timely integrate the Unisys rtGO solution with our business could harm our business and future prospects. Other factors that could cause actual results to differ materially from historical results or those indicated by the statements in this release include, but are not limited to, risks and uncertainties associated with our financial condition and our efforts to meet the TSA’s requirements to offer Registered Traveler services to sponsoring entities as well as those included in our annual report on Form 10-K filed with the Securities and Exchange Commission on April 15, 2008, and other documents we periodically file with the Securities and Exchange Commission.
NOTE REGARDING TRADEMARKS
"FLO" is a trademark of FLO Corporation. The names of actual companies mentioned herein may be the trademarks of their respective owners.
