HQ Global Workplaces And BAA to Open Conference Center At London Airport; First On-Airport Conference Center Offers Solutions for International Businesses.Business Editors DALLAS--(BUSINESS WIRE)--Nov. 29, 2000 HQ Global Workplaces, the world's largest officing solutions company, and BAA Baa See BBB. plc, the world's largest single airport operator, today announced plans to open the UK's first stand-alone airport conference center at London Gatwick Airport Gatwick Airport (IATA: LGW, ICAO: EGKK) is London's second largest airport and the second busiest airport in the United Kingdom after Heathrow. It is also the world's busiest single runway airport, and the world's 22nd busiest airport (7th in terms of in January 2001. The 8,000 square foot facility will offer businesses and travelers a convenient, fully serviced and sophisticated environment for meetings including 18 conference rooms and a touchdown area for use between meetings or flights. The full range of services provided will include videoconferencing A real time video session between two or more users or between two or more locations. Although the first videoconferencing was done with traditional analog TV and satellites, inhouse room systems became popular in the early 1980s after Compression Labs pioneered digitized video systems facilities, catering, administrative support and travel services. "As one of Europe's leading gateway airports, Gatwick is an excellent location for all forms of meeting, from project teams and training to interviews," said Julian King, Vice President of Business Development in Europe. "Building on the success of our existing world-wide network of centers, this venture underscores our commitment to providing global officing solutions that allow our customers to work how, when and where they want. We are delighted that BAA is our partner for this exciting initiative." HQ and BAA are also considering similar centers in international airport hubs throughout the BAA network, including Heathrow in 2002. "Airports are natural meeting places for busy executives and we seek to ensure that ours meet the needs of everyone who uses them," added Peter Young, head of New Products for BAA. "The Gatwick Center is an excellent addition to the extensive facilities we already provide, as is the relationship with HQ Global Workplaces." BAA recently introduced a new concept in airport lounges An airport lounge is a lounge owned by a particular airline (or jointly operated by several carriers). Many offer private meeting rooms, phone, fax, wireless and internet access and other business services, along with provisions to enhance comfort such as free drinks and snacks. featuring business-style comfort and facilities available to all airport passengers, including those who cannot normally access an executive or first class lounge. All of HQ Global Workplaces officing solutions locations (currently 470 in 17 countries) offer corporate "road warriors
The Road Warriors were a professional wrestling tag team famously comprised of Michael "Hawk" Hegstrand and Joseph "Animal" Laurinaitis, though other members " flexible access to comfortable office spaces complete with the technology and the people needed to conduct business while traveling. The Gatwick Center will help traveling executives maximize productivity, time and travel efficiency while at the airport. London Gatwick Airport, located approximately 25 miles south of London, is the second busiest airport in the UK and the sixth busiest international airport in the world. Nearly 20 percent of the 31.8 million passengers expected to travel through Gatwick in the year 2000 are business travelers. Airport traffic is expected to increase to 37.1 million by the year 2004. About BAA BAA is the world's leading airport company. It owns, operates or manages all or part of 15 airports around the world including four in the U.S. (Pittsburgh, Indianapolis, Harrisburg and Newark). The City of New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of recently chose BAA as the preferred partner for the long term operation, management and development of both JFK and La Guardia La Guar·di·a , Fiorello Henry Known as "the Little Flower." 1882-1947. American politician who was a U.S. representative from New York (1917-1921 and 1923-1933) and mayor of New York City (1934-1945). airports. The company is one of the world's largest property companies with over 30 million square feet of non-retail property and an exemplary track record of management of all commercial facilities. About HQ Global Workplaces HQ Global Workplaces is the world leader specializing in office outsourcing. The company provides flexible and complete officing solutions through a global network of 470 locations to full-time clients, those who need occasional access to office space and business services, and to home-based customers. HQ Global Workplaces is majority-owned by FrontLine front·line also front line n. 1. A front or boundary, especially one between military, political, or ideological positions. 2. Basketball See frontcourt. 3. Football The linemen of a team. Capital Group (Nasdaq: FLCG). HQ Global Workplaces' customers have immediate, cost-effective access to essential business services, including state-of-the-art communications, highly functional workspaces and meeting rooms, all in attractive environments designed to encourage efficiency, productivity, and comfort. Certain matters discussed within this press release are forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. within the meaning of the federal securities laws. Although HQ Global Workplaces believes that the expectations reflected in such forward-looking statements are based upon reasonable assumptions, it can give no assurance that its expectations will be achieved. Factors that could cause actual results to differ materially from HQ Global Workplaces expectations include changes in the business services industry, downturn in market valuations, particularly for Internet related companies, failure to consummate anticipated transactions, finding acquisition opportunities which meet its investment strategy, general economic conditions, competition, changes in technology, technological obsolescence ob·so·les·cent adj. 1. Being in the process of passing out of use or usefulness; becoming obsolete. 2. Biology Gradually disappearing; imperfectly or only slightly developed. , interest rates, available capital, conflicts of interests of management, and other risks detailed from time to time in the HQ Global Holdings, Inc. reports filed with the Securities and Exchange Commission, including annual reports on Form 10-K Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. , quarterly reports on Form 10-Q Form 10-Q See 10-Q. and current reports on Form 8-K Form 8-K The form required by the SEC when a publicly held company incurs any event that might affect its financial situation or the share value of its stock. Form 8-K See 8-K. . |
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