RoninCast in the News University of California, San Diego, Selects Digital Signage Technology Provided by Wireless Ronin
MINNEAPOLIS – October 16, 2007 –Wireless Ronin Technologies, Inc. (NASDAQ: RNIN), a Minneapolis-based digital signage provider, announced today that the University of California, San Diego (UCSD) will install Wireless Ronin’s (www.wirelessronin.com) digital signage software, RoninCast®, for its digital signage program in the Price Center expansion.
The Wireless Ronin digital signage system was chosen to provide information including news feeds and campus updates as well as for its ability to easily integrate into the contemporary art collection. Two large format LED displays provided by California Neon Products will be integrated into a new work by artist Barbara Kruger as part of The Stuart Collection in the Price Center environment.
“We are thrilled to have the opportunity to provide the University of California, San Diego with an effective communication vehicle that is integrated into an art exhibit,” said Jeffrey Mack, president and CEO of Wireless Ronin Technologies. “This is yet another example of the diverse verticals that we can serve through our technology. The Wireless Ronin digital signage system allows students and faculty to view news feeds and campus information in a unique environment.”
The UCSD Price Center provides services and locations for meetings, conferences, theater style presentations and special events. Their services include catering and audio and visual services for the UCSD faculty, students and staff. Real-time news feeds will add a dynamic information component to the overall campus environment.
“The RoninCast software provides outstanding technology that will greatly enhance the Stuart Collection and the experience for our students and faculty,” said Mathieu Gregoire, project director, The Stuart Collection. “It is important that we bring an innovative partner like Wireless Ronin to our campus.”
About Wireless Ronin Technologies
Wireless Ronin Technologies, Inc. (www.wirelessronin.com) is the developer of RoninCast®, a complete digital signage software solution designed to address the evolving digital signage marketplace. RoninCast digital signage software provides clients with the ability to manage a digital signage network from one central location. The software suite allows for customized distribution with network management, playlist creation and scheduling, and database integration. An array of services is offered by Wireless Ronin to support RoninCast, including consulting, creative development, project management, installation, hosting and training. The company’s common stock is traded on the NASDAQ Global Market under the symbol “RNIN.”
This release contains certain "forward-looking statements" of expected future developments, as defined in the Private Securities Litigation Reform Act of 1995. The forward-looking statements in this release refer to our expectations regarding the benefits of our RoninCast system to academia and other matters. These forward-looking statements reflect management’s expectations 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: our estimates of future expenses, revenue and profitability; the pace at which we complete installations and recognize revenue; trends affecting our financial condition and results of operations; our ability to convert proposals into customer orders; the ability of our customers to pay for our products and services; the revenue recognition impact of changing customer requirements; customer cancellations; the availability and terms of additional capital; our ability to develop new products and update existing products; our dependence upon key suppliers, manufacturers and strategic partners; industry trends and the competitive environment; the impact of losing one or more senior executives or failing to attract and retain additional key personnel; and our ability to successfully integrate the operations of acquired businesses. These and other risk factors are discussed in detail in the Company’s Current Report on Form 8-K filed with the Securities and Exchange Commission on August 10, 2007. The Company disclaims any obligation to update such forward-looking statements after the date of this release.
Wireless Ronin® and RoninCast® are registered trademarks of Wireless Ronin Technologies, Inc. All other trademarks referred to above are the property of their respective owners.
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