Indian Motorcycle Continues Rollout of Wireless Ronin's Digital Marketing Solutions at Dealerships Nationwide
MINNEAPOLIS, MN--(Marketwired - Oct 30, 2013) - Wireless Ronin Technologies, Inc. (OTCQB: RNIN), a leading marketing technologies solutions provider, has received a follow-on order from Indian Motorcycle, a wholly-owned subsidiary of Polaris Industries (NYSE: PII), to install its digital marketing technology at 35 additional dealerships in the United States. The order is part of Indian Motorcycle's previously announced initiative to install Wireless Ronin's technology throughout Indian's expanding nationwide dealer network.
"We look forward to continue working with Indian Motorcycle through their nationwide rollout, providing them with unparalleled digital marketing technologies that help drive customer engagement, and ultimately, sales," commented Scott Koller, Wireless Ronin's president and CEO.
Wireless Ronin worked closely with Indian Motorcycle to design an interactive digital showroom experience featuring Indian Motorcycle branded content deployed via Wireless Ronin's new omnichannel RoninCast 4.2 software. The solution includes a central Media Hearth along with mobile tablets allowing customers to select content to play on the 46" Media Hearth screen. When not being controlled by the tablet, the Media Hearth screen plays a standard video loop along with social media, local events and weather content zones. A bikeside tablet is also being deployed, providing interactive, bike-specific information to the customer.
With this order, Wireless Ronin has now been contracted to install its solutions at 70 dealerships as Indian Motorcycle continues to expand its dealer network across major motorcycle markets nationwide.
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."
Forward-Looking Statements
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 Indian Motorcycle's nationwide rollout 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.
