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|RMG Positions to Expand in Multi-Billion Dollar Retail Digital Signage Market with New Retail Practice Leader|
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The multi-billion dollar retail marketplace is the largest industry segment in the digital signage industry and represents a major strategic target for the company. RMG anticipates that the retail segment will become a significant source of RMG’s long-term revenue growth.
Townsend, most recently a Vice President, Retail at Scala, will leverage her deep industry expertise and wealth of experience to lead RMG in the pursuit of growing sales in the retail marketplace. She has continually demonstrated success with landing benchmark accounts for the companies with whom she has worked and has become a trusted supplier to top-tier customers.
Townsend will be responsible for providing leadership in market positioning, go-to-market strategies and thought leadership for this important business initiative with the ultimate goal of achieving annual revenue goals for the retail segment. Working closely with existing RMG retail experts, Townsend will seek to design and build a team that will source, lead and close large retail opportunities.
A veteran in technology, and, in particular, content management systems, Townsend has a successful track record of selling technology solutions to the world’s leading brands and retailers.
“There is a pulse to retail unlike any other segment I’ve seen, and I’m excited to join RMG, which is doing unique things for an ever-growing industry,” Townsend said. “Retailers operate in a competitive environment and need innovative technology and solutions to positively influence shopper behavior. As technologists, our job is to help our clients confidently seize retail opportunities by offering pioneering ideas safeguarded by RMG’s expertise and competencies. We get to be the strong shoulders on which they stand.”
RMG (NASDAQ:RMGN) goes beyond traditional communications to help businesses increase productivity, efficiency and engagement through digital messaging. By combining best-in-class software, hardware, business applications and services, RMG offers a single point of accountability for integrated data visualization and real-time performance management. The company is headquartered in Dallas, Texas, with additional offices in the United Kingdom and the United Arab Emirates. For more information, visit www.rmgnetworks.com.
Cautionary Note Regarding Forward-Looking Statements
Except for historical information contained herein, the matters set forth in this release are "forward-looking statements" within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements can be identified by words such as: "develop," "position," "anticipate," "intend," "plan," "goal," "seek," "believe," "project," "estimate," "expect," "strategy," "future," "likely," "may," "should," "will" and similar references to future periods. Examples of forward-looking statements include, among others, statements we make regarding our success in appealing and expanding into new markets such as the retail digital signage market described above, the anticipated size of markets in the future, acceptance of RMG’s products and services in the retail industry, expected future operating results, such as generating product revenue, developing new technology or solutions and our ability to win new customers. The forward-looking statements set forth above involve a number of risks and uncertainties that could cause actual results to differ materially from any such statement, including the risks and uncertainties discussed in the company's Safe Harbor Compliance Statement for Forward-Looking Statements included in the company's recent filings, including Forms 10-K and 10-Q, with the