Lightspeed and Oki Golf Management Enter into Multi-Year Deal to Elevate Public Golf Experiences

Rhea-AI Summary

Lightspeed Commerce has announced a multi-year partnership with Oki Golf Management, a leading golf course operator in the Pacific Northwest. The collaboration will integrate Lightspeed's commerce platform across Oki Golf's 10 premier Seattle-area courses, including The Golf Club at Newcastle.

The partnership focuses on connecting tee sheet management with retail, restaurant, and payment solutions through Lightspeed's unified platform. Oki Golf will leverage Lightspeed Payments to streamline transactions across all touchpoints, from booking tee times to dining services.

With over 25 years of experience, Oki Golf is known for delivering exceptional public golf experiences. The implementation of Lightspeed's technology will enhance guest services through:

• Integrated scheduling and event management
• Seamless member charge processing
• Simplified accounting across departments
• Enhanced operational efficiency

This agreement strengthens Lightspeed's position in the golf industry, where it already serves notable clients like Landscapes Golf Management and Sea Pines Harbour Town.

Positive

• Multi-year agreement with Oki Golf expands Lightspeed's presence in the golf industry
• Integration of multiple revenue streams (golf, retail, restaurant, payments) across 10 premier golf courses
• Strategic expansion of long-term customer relationship demonstrates product stickiness
• Strengthens position in multi-course operator segment with unified platform solution

Negative

• None.

MONTREAL, April 29, 2025 /PRNewswire/ - Lightspeed Commerce Inc. (NYSE: LSPD) (TSX: LSPD) ("Lightspeed" or the "Company"), the one-stop commerce platform empowering merchants to provide the best omnichannel experiences, today announced a multi-year agreement with Oki Golf, a leading multi-course operator based in the Pacific Northwest.

Lightspeed will serve as Oki Golf's strategic commerce and technology provider, delivering an integrated platform that connects tee sheet management with industry-leading retail, restaurant, and payments solutions. This unified system will support Oki Golf's mission to offer elevated, consistent guest experiences across its public golf operations, including dining and hosted events.

"We're excited to build on our long-standing relationship with Oki Golf ," said Fraser Marriott, Head of Golf at Lightspeed. "They've been a valued customer for years, and their commitment to delivering exceptional public golf experiences aligns closely with how we design our platform. As they continue to expand their offerings, Lightspeed's unified solution across golf, retail, and restaurant empowers them to deliver a seamless guest experience at scale."

With over 25 years of experience, Oki Golf operates a collection of 10 premier golf courses in the Seattle area, including The Golf Club at Newcastle. Known for championship layouts, outstanding course conditions, and hospitality, Oki Golf delivers exceptional public golf experiences, encompassing golf, dining, and special events.

Utilizing Lightspeed Payments enables Oki Golf to process transactions seamlessly across touchpoints. The Oki Golf team can manage member charges and transactions more efficiently across departments, simplifying accounting and improving the overall guest experience across its business.

"Lightspeed provides the infrastructure we need to enhance the level of service we deliver across all our properties," said David Hein, Vice President at Oki Golf. "What sets the platform apart is not only its flexibility and seamless integrations, but also a team that truly understands the golf industry. As we continue to expand the amenities and experiences available at each property, Lightspeed equips us with the tools to scale effectively, particularly through features like integrated scheduling and event management that allow us to meet and exceed evolving guest expectations."

This agreement reinforces Lightspeed's long-standing commitment to the golf industry and powering the success of multi-course operators. With a unified platform, Lightspeed enables operators to streamline operations and deliver standout guest experiences from tee time booking to dinner service.

About Lightspeed

Powering the businesses that are the backbone of the global economy, Lightspeed's one-stop commerce platform helps merchants innovate to simplify, scale and provide exceptional customer experiences. Our cloud commerce solution transforms and unifies online and physical operations, multichannel sales, expansion to new locations, global payments, financial solutions and connection to supplier networks.

Lightspeed powers many of the world's best golf businesses, including Landscapes Golf Management, Sea Pines Harbour Town, Advance Golf Partners, Cape Kidnappers and KemperSports.

Dive into the transformative features of Lightspeed Golf on our website.

Follow us on social media: LinkedIn, Facebook, Instagram, YouTube, and Twitter.

About Oki Golf

Oki Golf is a collection of 10 premier golf courses in the Seattle area, including The Golf Club at Newcastle. Each course offers championship layouts and outstanding conditions, welcoming players of all skill levels. With over 25 years of experience, Oki Golf is dedicated to delivering exceptional experiences and unparalleled value, whether you're teeing off for a casual round, hosting a tournament, or celebrating a special occasion. As part of the Oki Golf family, guests can expect consistent, friendly service across all properties, ensuring every visit feels like a great day.

Forward-Looking Statements

This news release may include forward-looking information and forward-looking statements within the meaning of applicable securities laws ("forward-looking statements"), including information regarding Lightspeed's product offerings. Forward-looking statements are statements that are predictive in nature, depend upon or refer to future events or conditions and are identified by words such as "will", "expects", "anticipates", "intends", "plans", "believes", "estimates" or similar expressions concerning matters that are not historical facts. Such statements are based on current expectations of Lightspeed's management and inherently involve numerous risks and uncertainties, known and unknown, including economic factors. A number of risks, uncertainties and other factors may cause actual results to differ materially from the forward-looking statements contained in this news release, including, among other factors, those risk factors identified in our most recent Management's Discussion and Analysis of Financial Condition and Results of Operations, under "Risk Factors" in our most recent Annual Information Form, and in our other filings with the Canadian securities regulatory authorities and the U.S. Securities and Exchange Commission, all of which are available under our profiles on SEDAR+ at www.sedarplus.com and on EDGAR at www.sec.gov. Readers are cautioned to consider these and other factors carefully when making decisions with respect to Lightspeed's subordinate voting shares and not to place undue reliance on forward-looking statements. Forward-looking statements contained in this news release are not guarantees of future performance and, while forward-looking statements are based on certain assumptions that Lightspeed considers reasonable, actual events and results could differ materially from those expressed or implied by forward-looking statements made by Lightspeed. Except as may be expressly required by applicable law, Lightspeed does not undertake any obligation to update publicly or revise any such forward-looking statements, whether as a result of new information, future events or otherwise.

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SOURCE Lightspeed Commerce Inc.

FAQ

What does Lightspeed's (LSPD) partnership with Oki Golf include in 2025?

Lightspeed's multi-year partnership with Oki Golf includes providing an integrated platform that connects tee sheet management with retail, restaurant, and payments solutions across Oki Golf's 10 premier golf courses in Seattle.

How many golf courses will Lightspeed (LSPD) manage through the Oki Golf deal?

Through the partnership, Lightspeed will provide technology solutions for all 10 of Oki Golf's premier golf courses in the Seattle area, including The Golf Club at Newcastle.

What services will Lightspeed (LSPD) provide to Oki Golf's public courses?

Lightspeed will provide unified commerce solutions including tee sheet management, retail operations, restaurant services, integrated scheduling, event management, and payment processing across all Oki Golf properties.

Which other major golf businesses use Lightspeed's (LSPD) platform?

Lightspeed powers several major golf businesses including Landscapes Golf Management, Sea Pines Harbour Town, Advance Golf Partners, Cape Kidnappers, and KemperSports.

How will Lightspeed Payments benefit Oki Golf's operations?

Lightspeed Payments enables Oki Golf to process transactions seamlessly across all touchpoints, manage member charges more efficiently across departments, and simplify accounting processes.