FLO Corporation Acquires Unisys 'rtGO' Registered Traveler Solution

CHANTILLY, Va., Oct. 9 /PRNewswire/ -- FLO Corporation, a Registered Traveler (RT) program services provider, today announced the execution of an agreement under which FLO will acquire the "rtGO" RT business of Unisys Corporation (NYSE: UIS). The...


Luke Thomas , FLO Executive Vice President stated, "Our multi-tier benefits approach responds to the TSA's challenge to provide a program with broad market appeal. We look forward to meeting the challenge Administrator Kip Hawley recently laid out for the RT industry in his call for greater creativity and innovation. We applaud his vision and look forward to our continued work with him and the TSA RT Program Management office."

Jean Covelli , Travel Administrator for Buffalo, New York-based Rich Products Corporation, added, "RT is one of the few opportunities to move passengers expeditiously into the secure sides of airports supporting TSA safety and security missions while helping business travelers recapture the productivity that has been lost in the post 9-11 era. We need a financially strong and innovative RT industry to achieve a critical mass of RT members and success at the national level. The FLO-Unisys transaction and the next-generation RT 2.0 solution should help ensure the program's success."

About Registered Traveler

About FLO

FLO Corporation provides a comprehensive solution for the Registered Traveler program, which is 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, travel services, political lobbying, and corporate and consumer marketing -- designed to develop, market, sell and deploy an end-to-end solution and to provide next-generation RT 2.0 membership 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 partnership consists of FLO Corporation, Microsoft, JPMorgan Chase, Johnson Controls, Inc., Smiths Detection Inc., The Paradies Shops, International RAM, and ID Technology Partners. For more information about the FLO program and Alliance visit http://www.fastlaneoption.com.

NOTE REGARDING FORWARD-LOOKING STATEMENTS

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based on management's current expectations and involve risks and uncertainties. Forward-looking statements include statements regarding anticipated growth and business prospects for FLO Corporation's Registered Traveler program and solution. Actual results may differ materially from those expressed or implied in such forward-looking statements due to various factors, including: FLO Corporation's success in designing and offering a comprehensive Registered Traveler solution, its ability to obtain the necessary financing for its operations, and its ability to close the rtGO acquisition and integrate the rtGO Registered Traveler solution with its solution. Investors should consult FLO Corporation's filings with the Securities and Exchange Commission, http://www.sec.gov, including the risk factors sections of its registration statement on Form 10SB for further information regarding these and other risks of FLO Corporation's business.

NOTE REGARDING TRADEMARKS

"Saflink" is a registered trademark and "FLO" is a trademark of FLO Corporation. The names of actual companies mentioned herein may be the trademarks of their respective owners.

SOURCE FLO Corporation