Creative Realities Inc. (CREX): MINNEAPOLIS – February 26, 2013

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Saturday, 04/27/2013 3:55:36 PM

Saturday, April 27, 2013 3:55:36 PM

MINNEAPOLIS – February 26, 2013 – Wireless Ronin Technologies, Inc. (NASDAQ: RNIN), a leading digital marketing technologies solutions provider, reported financial results for the fourth quarter and fiscal year ended December 31, 2012.
2012 Financial Highlights
? Revenue was $6.7 million, with the recurring revenue portion increasing 22% to a record $2.0 million
? Record gross margin at 55% of total revenue
? Achieved lowest level of operating expenses since becoming a public company
2012 Operational Highlights
? Deployed digital marketing solutions for Buffalo Wild Wings, Boston University, Villanova University, Burgerville and ECOtality
? Received additional order for content development from company’s largest automotive customer
? Released RoninCast® software upgrade which extends multi-channel capabilities
? Rolled-out iPad-supported interactive sales system for national retailer
Q4 2012 Financial Results
Revenue in the fourth quarter of 2012 increased 5% to $1.6 million from $1.5 million in the same year-ago period.