Wireless Ronin Technologies, Inc, a Minneapolis-based digital signage provider, announced on May 24, 2011, the Company received a purchase order for RoninCast® for automotive valued at $1.8 million from an existing automobile customer. Of the $1.8 million, approximately $1.0 million relates to hardware and $0.8 million is for the purchase of RoninCast software and services. The Company expects to complete the foregoing installations within the next 30 to 60 days.
“We are pleased with the continued success and adoption we receive from the automotive industry and the role RoninCast for automotive plays in this marketplace,” said Scott Koller, president and chief executive officer of Wireless Ronin Technologies, Inc. “We expect to see this adoption continue. According to the Detroit News, motor vehicles and parts sales are up more than 40 percent through April of 2011 and expected to continue to grow. We believe this will only increase the role technology plays within the dealership.”
To view the full article from The Detroit News: http://detnews.com/article/20110504/BIZ/105040363/Michigan-manufacturing-shores-up-nation
About Wireless Ronin Technologies
Wireless Ronin Technologies (www.wirelessronin.com) has developed RoninCast® software as a complete solution designed to address the evolving digital signage marketplace. RoninCast® software enables clients to manage digital signage networks from a central location and provides turnkey solutions in the digital signage marketplace. The RoninCast® software suite facilitates customized distribution with network management, playlist creation and scheduling, and database integration. Wireless Ronin offers an array of services to support RoninCast® software including consulting, creative development, project management, installation, training, and support and hosting through our networks operations center (NOC). The company’s common stock trades on the NASDAQ Capital Market under the symbol “RNIN”.
Senior Vice President and Chief Financial Officer
dmcareavey [at] wirelessronin.com
Erin E. Haugerud
Manager of Communications and Investor Relations
ehaugerud [at] wirelessronin.com
Source: Wireless Ronin