DENVER, July 12, 2012 (GLOBE NEWSWIRE) -- Roomlinx, Inc., (OTC:RMLX), the innovative developer of interactive TV (iTV) applications for the hospitality industry, continues with an aggressive plan to deploy its technology into Hyatt properties, under the terms of an agreement signed in March of this year.
Installations are underway throughout North America and have already been completed at select properties in New York City, Chicago, Los Angeles, Dallas-Fort Worth, Houston, Atlanta, New Orleans and Denver. In each locale, Roomlinx performs a detailed site survey, defines system requirements, designs an optimal network, procures equipment, installs the solution and provides on-going support. To date, Roomlinx is supporting services in over 4,000 Hyatt rooms and has completed over 100 of 136 property site surveys.
"As we grow, we're creating efficient processes and scalable programs that let us support the brand's objectives while positioning Roomlinx for long-term growth and success," said Roomlinx Chief Executive Officer Michael Wasik.
"As the Hyatt deployment continues, we're also gaining traction with several marketing initiatives that will provide direct benefits to hotel owners," Wasik continued. "By offering hoteliers new ways to increase revenues, demonstrate differentiation and strengthen guest loyalty, we'll establish Roomlinx as not only the best-in-class guest experience but also the most profitable in-room entertainment system in the industry."
About Roomlinx
Headquartered in Broomfield, CO, Roomlinx, Inc. is the innovative developer of iTV applications in the hospitality industry serving the United States, Canada and selected global markets. The Company provides premium hotel and resort properties "best-in-class" in-room technology. The Company's recent launch of iTV Platform 3.0 combines the best of HD TV, the Internet, PC functionality and Video on Demand options demanded by today's traveler. Roomlinx's property service solutions range from infrastructure development to revenue generating business services. For more information, go to www.roomlinx.com.
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Safe Harbor Cautionary Statement
This news release may contain forward-looking statements within the meaning of the federal securities laws. Statements regarding future events, developments, the Company's future performance, as well as management's expectations, beliefs, intentions, plans, estimates or projections relating to the future are forward-looking statements within the meaning of these laws. These statements include statements regarding the Hyatt hotels roll out (including the timing thereof) and Roomlinx's growth as a result of the master service agreement with an affiliate of Hyatt Hotels Corporation. These forward-looking statements are subject to a number of risks and uncertainties, some of which are outlined below. As a result, actual results may vary materially from those anticipated by the forward-looking statements. Among the important factors that could cause actual results to differ materially from those indicated by such forward-looking statements are: the Company's successful implementation of new products and services (either generally or with specific key customers), the Company's ability to satisfy the contractual terms of key customer contracts, demand for the new products and services, the Company's ability to successfully compete against competitors offering similar products and services, general economic and business conditions; unexpected changes in technologies and technological advances; ability to commercialize and manufacture products; results of experimental studies research and development activities; changes in, or failure to comply with, governmental regulations; the ability to obtain adequate financing in the future; the Company's ability to establish and maintain strategic relationships, including the risk that key customer contracts may be terminated before their full term; the possibility of product-related liabilities; the Company's ability to attract and retain qualified personnel; the Company's ability to maintain its intellectual property rights and litigation involving intellectual property rights; risks related to third-party suppliers; the Company's ability to obtain, use or successfully integrate third-party licensed technology; breach of the Company's security by third parties; and the risk factors detailed from time to time in the Company's reports filed with the Securities and Exchange Commission, including our 2011 Annual Report on Form 10-K available through the web site maintained by the Securities and Exchange Commission at www.sec.gov. The Company undertakes no obligation to update publicly any forward-looking statement, whether as a result of new information, future events or otherwise.