|By Marketwired .||
|February 18, 2014 09:20 AM EST||
MINNEAPOLIS, MN -- (Marketwired) -- 02/18/14 -- Wireless Ronin Technologies, Inc. (OTCQB: RNIN), a leading digital marketing technologies solutions provider, has received an initial purchase order to deploy its digital media solutions to the eateries of a large national department store with plans for expansion to additional stores.
The solution will feature a promotional board and three digital menu boards for the department store's in-store eatery. Wireless Ronin will provide a full end-to-end solution including the award-winning RoninCast® software, large format displays, media players, content engineering, installation and ongoing hosting and support services.
Wireless Ronin was chosen as the solution provider because of its extensive experience in the food service industry as well its industry-leading solutions that have a proven track record of helping companies improve and streamline communications. Wireless Ronin's digital marketing solutions will help simplify pricing updates as well as streamline food and retail promotions. The department store plans to deploy digital menu boards as they remodel their eateries across the country.
"This new win is another example of our platform's ability to improve the efficiency and effectiveness of messaging for our customers," said Scott Koller, Wireless Ronin's president and CEO. "We believe this is a great opportunity for Wireless Ronin and we are thrilled to be working with this highly regarded national retailer as they deploy our digital solutions across their stores."
About Wireless Ronin Technologies, Inc.
Wireless Ronin Technologies, Inc. (WRT) 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 Current Report on Form 8-K filed with the Securities and Exchange Commission on May 23, 2013.
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