MINNEAPOLIS, April 3, 2008 (PRIME NEWSWIRE) -- Wireless Ronin Technologies, Inc. (Nasdaq:RNIN), a Minneapolis-based digital signage solutions provider, today announced that it has appointed Geoff Obeney, Vice President of IT for Terra Industries Inc., to its board of directors.
"We are pleased to announce Geoff's appointment to our board of directors," said Jeffrey Mack, Wireless Ronin's chairman, president and chief executive officer. "One of our goals is to recruit leaders with significant industry experience and a proven track record of growing technology-oriented companies. Geoff's proven success in guiding information technology companies through rapid growth phases, along with his ability to deliver strategic IT initiatives, make him a valuable addition to our board."
Obeney, (50), has more than 25 years of experience in the technology industry, including a 13 year tenure at Gateway, Inc., a leading supplier of P.C.'s and related products, where he held progressively senior IT positions up to Vice President, IT Infrastructure. Reporting to the chief information officer, Obeney helped oversee the company's growth from 300 employees and $256 million in revenue to 24,800 employees and $9+ billion in revenue. Obeney is currently the Vice President of IT for Terra Industries Inc., a major producer of ammonia and nitrogen products. From 2005 to 2007 he served as the interim CEO for Spirit Computing Ltd, where he helped transition the company from a small custom code business into a packaged software supplier. Prior to joining Spirit Computing, Obeney was the chief information officer at SEI LLC, a start-up company focused on taking drive through orders for fast food restaurants via the internet.
"I am honored to join Wireless Ronin's board of directors," said Obeney. "Wireless Ronin is an exciting company with the potential for a great future. I look forward to applying my experience in helping the company achieve and manage growth and working with my fellow board members and management to take the company to the next level."
About Wireless Ronin Technologies, Inc.
Wireless Ronin Technologies (www.wirelessronin.com) is the developer of RoninCast(r), a complete software solution designed to address the evolving digital signage marketplace. RoninCast(r) 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. Wireless Ronin offers an array of services to support RoninCast(r) software including consulting, creative development, project management, installation, and training. The company's common stock is traded on the NASDAQ Global Market under the symbol "RNIN".
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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 Company's Annual Report on Form 10K-KSB filed with the Securities and Exchange Commission, on March 13, 2008.