NEW YORK, NY -- (Marketwired) -- 08/29/13 -- Wireless Ronin Technologies, Inc. (OTCQB: RNIN), a leading marketing technologies solutions provider, has deployed a custom-designed, 60-foot-wide LED display along with its channel partner, Thomson Reuters, in the lobby of a major retail financial institution in Midtown Manhattan.
Rather than the typical mono-color, right-to-left tickertape, Wireless Ronin designed and developed a one-of-a-kind digital signage solution for the highly trafficked location of the national financial institution. The display features a full color, multi-directional presentation that includes stock prices and company logos for the top 40 NASDAQ and NYSE stocks as well as top news stories and branded promotional content from the financial institution. The content is fully integrated with Thomson Reuters Knowledge Direct data solutions, with market and news data feeds continuously updated throughout the day.
"This financial services retailer sought a digital solution to differentiate them from their competition and engage both existing clients in the branch as well as prospective customers walking by," commented Scott Koller, Wireless Ronin's president and CEO. "This custom solution demonstrates our Content Engineering team's creative abilities to design a solution that delivers on our customers' objectives. Based on the positive feedback from this initial deployment, this customer plans to install the ticker solution in additional locations, including a San Francisco branch next month."
About Wireless Ronin Technologies, Inc.
Wireless Ronin Technologies, Inc. (WRT) (www.wirelessronin.com) is a pioneering marketing technologies company. WRT combines interactive digital media -- signage, kiosks, mobile, social media and web -- to create 360-degree solutions so companies will be "Communicating at Life Speed®" to deliver the right content at the right place at the right time. WRT's turnkey approach includes strategic consulting, creative development, installation, hosting, training and support. Since launching its cloud-based RoninCast® content management platform in 2003, WRT has become the leading digital marketing provider for large-scale deployments in retail, automotive, food service and public venues. The company is headquartered in Minneapolis, Minnesota; its common stock trades on the OTCQB as "RNIN."
This release contains certain forward-looking statements of expected future developments, as defined in the Private Securities Litigation Reform Act of 1995. These forward-looking statements reflect management's expectations regarding continued operating improvement, estimated cost savings associated with the restructuring and other matters and are based on currently available data; however, actual results are subject to future risks and uncertainties, which could materially affect actual performance. Risks and uncertainties that could affect such performance include, but are not limited to, the following: the adequacy of funds for future operations; estimates of future expenses, revenue and profitability; the pace at which the company completes installations and recognizes revenue; trends affecting financial condition and results of operations; ability to convert proposals into customer orders; the ability of customers to pay for products and services; the revenue recognition impact of changing customer requirements; customer cancellations; the availability and terms of additional capital; ability to develop new products; dependence on key suppliers, manufacturers and strategic partners; industry trends and the competitive environment; the impact of the company's financial condition upon customer and prospective customer relationships, and the impact of losing one or more senior executives or failing to attract additional key personnel. These and other risk factors are discussed in detail in the cautionary statement set forth in the company's Annual Report on Form 10-K filed with the Securities and Exchange Commission on March 1, 2013.
Company Media Contacts:
SVP, Sales and Marketing
Investor Relations Contacts:
Matt Glover or Michael Koehler
Liolios Group, Inc.
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