MINNEAPOLIS, MN – June 6, 2011 – Wireless Ronin Technologies, Inc. (Nasdaq: RNIN), a Minneapolis-based marketing technologies provider, announced it will launch its new website on June 9, 2011 showcasing its new marketing technologies strategic direction, helping creatively transform the customer experience by offering innovative ways to reach customers and deliver a measurable and significant return on investment. President and CEO of Wireless Ronin Technologies, Scott Koller will be discussing the strategic direction at the annual meeting of shareholders June 9, 2011.
“Enhancing customer value by providing an array of marketing technology solutions is the backbone of our strategic plan,” said Wireless Ronin Technologies, Inc. President and CEO Scott W. Koller. “The goal is to leverage a coordinated marketing effort through an array of different technologies specifically designed and orchestrated for a particular client, product or service.”
Wireless Ronin Technologies (WRT) has taken a leadership position in integrating the fragmented marketing technologies to maximize consumers’ experience and spend. WRT takes a strategic approach, creating cohesive solutions that include signage, interactive kiosks, mobile, social media and web to provide customers with business intelligence and data analytics driving effective business decisions impacting both top line results and bottom line margins. WRT helps maximize client profitability of in person interactions and extends the relationship to increase the number and profitability of interactions thereafter.
“We have consulted several key customers for feedback and received tremendous validation of our approach, giving us confidence that the strategic direction we have developed will differentiate Wireless Ronin and align our solutions with our customers’ marketing technology needs,” said Wireless Ronin Technologies, Inc. President and CEO Scott W. Koller.
About Wireless Ronin Technologies
Wireless Ronin Technologies (WRT) (www.wirelessronin.com) is a marketing technologies company with leading expertise in current and emerging digital media solutions, including signage, interactive kiosks, mobile, social media and web, that enable clients to transform how they engage with their customers. WRT provides marketing technology solutions and services to clients, helping increase revenue and/or improve operating efficiencies in the execution of marketing initiatives. Since the initial launch of RoninCast® digital signage software in 2003, WRT has taken a leadership position in the digital signage industry by committing to bring leading edge technology, services and support to its clients. WRT offers an array of services to support its clients marketing technology needs including consulting, creative development, project management, installation, training, and support and hosting. The company's common stock trades on the NASDAQ Capital 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. 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: 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; 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 risk factors section of the company's Annual Report on Form 10-K filed with the Securities and Exchange Commission on March 22, 2011.
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