Leading provider of technology-driven visual communications, RMG Networks Holding, Corp. (NASDAQ:RMGN), announces enhancements made to INVIEW.
DALLAS, TX–(Marketwired – Nov 10, 2016) – RMG Networks Holding Corporation ( NASDAQ : RMGN ), or RMG, a leading provider of technology-driven visual communications, today announced enhancements made to its industry leading Employee Communications solution, INVIEW, extending the rich functionality provided for desktop devices, to now extend to mobile devices. INVIEW Mobile, allows companies to push centrally managed KPIs, actionable real-time performance metrics, and employee communications to employee mobile devices worldwide.
RMG’s latest upgrade to INVIEW Mobile makes it a highly effective corporate communication application offering granular messaging flexibility, presenting critical information to nearly 100 percent of employees when and where they need it most.
Experience INVIEW mobile.
Considering the increasing number of businesses using wireless technology and the growing popularity of mobile technology among all age groups in the workplace, mobile applications are becoming an integral part of business operations. With the number of employees using mobile devices surging, RMG’s INVIEW™ is a perfect solution for businesses to increase operational efficiency, save time, and boost workforce productivity by pushing critical metrics and communications to desktops and mobile devices.
RMG’s previous version of INVIEW is utilized worldwide by many companies including almost 20% of the Fortune 100 companies. The Company believes that by extending the application of INVIEW to mobile devices, creates a significant revenue opportunity to sell additional licenses to current RMG INVIEW clients and to penetrate prospective customers who have not licensed INVIEW.
“With the enhanced mobile functionality in our latest platform release, INVIEW is a stronger fully integrated software solution that gives companies the ability to visualize near real-time information delivered to employees using text, data, charts, social media and video to connect the right message to the right audience with real-time interactivity,” said Robert Michelson, Chief Executive Officer and President of RMG. RMG is proudly presenting INVIEW as the next generation of internal communications with the product’s latest mobile upgrade aiming to prove more effective than traditional forms of communications. Advanced features and benefits of RMG’s INVIEW and Enterprise Server include enhanced user management and security, compatibility with popular Android and iOS devices, and full support of RMG’s industry-leading data integration capabilities that have helped companies run more efficiently for over 35 years.
“Companies today are embracing real-time data to help them understand what’s occurring right now and to immediately track and measure action. INVIEW Mobile helps companies and employees work together to quickly and successfully move business forward. With the INVIEW Mobile app, employees understand more details surrounding their company’s business while averting potential performance issues,” said Michelson.
For additional information, visit rmgnetworks.com.
© 2016 RMG Networks Holding Corporation. RMG Networks and its logos are trademarks and/or service marks of RMG Networks Holding Corporation.
RMG, INVIEW, and INVIEW MOBILE are trademarks of RMG Enterprise Solutions, Inc.
RMG ( NASDAQ : RMGN ) goes beyond traditional communications to help businesses increase productivity, efficiency, and engagement through intelligent digital signage 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 States, United Kingdom, and the United Arab Emirates. For more information, visit 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 introduction of new and updated products, such as INVIEW and INVIEW Mobile, expected future operating results, such as generating product revenue therefrom, developing new content, new technology or solutions, new positioning, our ability to win new customers and our ability to appeal to new market segments. 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 Securities and Exchange Commission. The forward-looking statements speak only as of the date made, and the company undertakes no obligation to update these forward-looking statements.
RMG Networks Holding, Corp. (NASDAQ:RMGN) shares are trading +3.3968% on the news and in the range of $0.5901 – 0.6650 during the current trading session. When taking a look at which direction the stock might be headed, investors often look to brokerage analysts who cover the stock. Sell-side research firms on Wall Street currently have a consensus one-year price target of $1.1000 on the stock. This is according to brokerage analysts polled by Thomson Reuters First Call.
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Sell-side analysts are projecting earnings per share of $-0.0300 for the next fiscal quarter. For the current year, analysts are predicting earnings of $-0.1300 per share according to First Call.
In looking at where the stock is trading on a technical level, the stock is trading -13.5947% away from its 50-day moving average of $0.7539. Based on the most recent available data, the equity is -49.8923% off of its 52-week high of $1.3000 and +18.4364% away from its 52-week low which is $0.5500.
Today, the stock opened at $0.6300 and the last bid at the time of writing stood at $0.6514. During the session thus far, the equity dipped down to $0.5901 and touched $0.6650 as the high point. RMG Networks Holding, Corp. (NASDAQ:RMGN) has a market cap of $24.02M and has seen an average daily volume of 66,231 over the past three months.
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Disclaimer: Nothing contained in this publication is intended to constitute legal, tax, securities, or investment advice, nor an opinion regarding the appropriateness of any investment, nor a solicitation of any type. The general information contained in this publication should not be acted upon without obtaining specific legal, tax, and investment advice from a licensed professional.