Safemark Systems and ScooterBug Announce Merger

Pairing of Companies Creates Global Guest Security, Mobility and Convenience Leader

. August 18, 2014

Orlando, FL - August 18, 2015 - Safemark Systems and ScooterBug, Inc. today announce their merger creating a new business paradigm in the guest security, mobility and convenience markets. Safemark Systems is the leading provider of guest room safes to the global hospitality industry and the preferred partner for top hotel brands and management companies. ScooterBug is the leading provider of guest mobility equipment to theme parks, amusements parks, water parks, zoos, hotels and resorts, convention centers and casinos globally.

As a result of this merger, Best Lockers, a division of Safemark, will be combined with ScooterBug and thus provide customers with an extensive portfolio of guest mobility solutions and electronic lockers. This powerful combination will alter the way hospitality, leisure and entertainment venues deliver guest convenience through exclusive patented technologies.

"This combination enables us to enhance our technology and service solutions for our customers and their guests, offer new opportunities for employees, and enhance our value to stakeholders," stated George Oelschig, Safemark chief executive officer. "In addition to the strategic benefits of our complementary organizations and products, both companies share similar core values and cultures that are supported by tenured teams. As we leverage the strengths of each division, we will continue to provide the same excellent service and focus on building long term relationships that our customers have come to expect."

With a focus on delivering technology-enabled solutions, the companies' core competencies are highly complementary and will increase and broaden ongoing product development and integration capabilities. Through accelerated innovation, customers and partners will continue to improve operational efficiencies while enhancing the overall guest experience.

"The merger and the resulting combination of ScooterBug and Best Lockers will offer many benefits to our customers, and we are excited to bring this to market. The history and experience each company brings to bear is unparalleled in the guest mobility and convenience market," stated Chris Meehan, president and chief executive officer of ScooterBug, Inc.

In addition to providing fleet mobility solutions to more than 300 customers around the world, ScooterBug significantly increases guest satisfaction in the hospitality industry though its tourist mobility program. Strategically located in both Orlando and Las Vegas, ScooterBug provides an extensive portfolio of rental products including scooters, strollers and wheelchairs that can be delivered directly to local hotels and resorts. This solution is ideal for venues interested in delivering the convenience of guest mobility without the hassle of managing inventory, storage and maintenance.

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