MINNEAPOLIS, July 31, 2008 (PRIME NEWSWIRE) -- Wireless Ronin Technologies, Inc. (Nasdaq:RNIN), a Minneapolis-based worldwide digital signage provider, today announced that it has appointed Stephen Birke, former Target vice president and general merchandise manager, to its board of directors.
"We are pleased to bring an experienced retail executive to our board of directors. Mr. Birke will provide the company great insight into the retail environment with his years of merchandising experience," said Jeffrey Mack, chairman, president and CEO of Wireless Ronin Technologies. "As we continue to focus on our target industries, having a board with not only technology experience but also client side perspective will help strengthen our efforts to market, sell and design our solutions to meet needs and goals of our customers."
Mr. Birke, (54), served 38 years at Target, an upscale discounter that provides high-quality, trend right merchandise at attractive prices to consumers, where his positions ranged from buyer to divisional merchandising manager up to vice president and general merchandise manager.
Mr. Birke played a key role in defining Target's merchandising platform as it has grown to 1,613 stores in 47 states including 218 SuperTarget locations. In addition to his extensive retailing experience, he has served on the board of the International Housewares Association and is serving on the board of the Bell Museum - University of Minnesota and St Therese Catholic Church.
"Joining Wireless Ronin's board of directors allows me to apply my 38 years of experiential retailing with the forward thinking, innovative solutions of digital signage," said Mr. Birke. "Wireless Ronin's digital signage software is leading the way in dynamic point of purchase communication."
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 enables clients to manage a digital signage network from one central location. The 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(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 Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission, on May 9, 2008.