Provider of technology-driven visual communications, RMG Networks Holding, Corp. (NASDAQ:RMGN), announced a partnership with Lawrence Ragan Communications, Inc., the nation’s leading corporate communications publisher focusing on the internal communications, public relations and marketing industries.
DALLAS, TX–(Marketwired – Oct 13, 2016) – RMG Networks Holding Corporation ( NASDAQ : RMGN ), or RMG, a leading provider of technology-driven visual communications, announces a partnership with Lawrence Ragan Communications, Inc., the nation’s leading corporate communications publisher focusing on the internal communications, public relations and marketing industries. Ragan’s delivery of 30 national conferences, dozens of workshops and webinars, and thousands of informative articles on PRDaily.com, Ragan.com, HealthCareCommunication.com and HRCommunicator.com all catering to global organizations, positions it as the most authoritative organization with the widest reach to the corporate communications industry.
The new partnership combines RMG’s novel and innovative internal communications technologies with Ragan’s commanding industry presence, resulting in organizations becoming aware of and leveraging the latest and most compelling internal communications solutions, producing impactful benefits to each respective organization.
RMG’s high-impact visual communications solution features the next generation of mobile and desktop Internal Communications software: RMG INVIEW™. RMG INVIEW™ is a powerful platform that delivers premier visual communications solutions using real-time messaging, intuitive graphics, video, and social media delivered across desktop, mobile, and tablet devices. INVIEW™ enables businesses to increase employee engagement and reach 100 percent of staff, both onsite and remote. Further, INVIEW™ is an ideal platform to deliver real-time performance KPIs (e.g., division, department, team, and individual metrics) to employees. RMG INVIEW™ drives employee engagement, productivity, and profitability.
“Our partnership with Ragan allows RMG to further expand our leadership and expertise in internal communications, providing leading-edge companies with the next generation of internal communications needed today,” said Robert Michelson, chief executive officer and president of RMG Networks. “Ragan’s reputation and wide reach brings great credibility within the industry, enabling us to engage with some of America’s highest ranking Internal Communications executives and influencers.”
“RMG INVIEW™ provides the next level and depth of knowledge to assist our thousands of subscribed professionals in leading their internal communications initiatives,” says Mark Ragan, president and chief executive officer of Ragan Communications. “RMG’s expertise in pioneering innovative, robust internal communications technology will certainly produce tangible benefits to our clients and the Internal Communications industry. We look forward to providing a rapid and deep exposure of RMG INVIEW™ to the Internal Communications industry via our expansive array of conferences, webinars, and thought leadership.”
RMG will partner with Ragan at several events for thought leadership opportunities including communications conferences, workshops, and senior-level forums throughout the United States that draw more than 3,000 professionals annually from Fortune 500 companies. The partnership kicked off last month at the Employee Communications, PR & Social Media Summit held on the Microsoft campus. RMG President and CEO Robert Michelson addressed more than 200 national executive Internal Communications leaders during multiple talks featuring RMG INVIEW™; a video replay of his presentation is available on RMG’s YouTube channel. RMG will be joining Ragan once again, presenting INVIEW™ at the annual conference hosted by Salesforce in San Francisco, November 9-11, on The Role of Communications in Creating Best Places to Work.
For additional information, visit rmginview.com and rmgnetworks.com.
© 2016 RMG Networks Holding Corporation. RMG Networks and its logo are trademarks and/or service marks of RMG Networks Holding Corporation.
INVIEW is a trademark of RMG Networks Holding Corporation.
About RMG NETWORKS
RMG ( NASDAQ : RMGN ) goes beyond traditional communications to help businesses increase productivity, efficiency, and engagement through 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.
RMG Networks Holding, Corp. (NASDAQ:RMGN) shares are trading -3.429% on the news and in the range of $0.622 – 0.700 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 $1.300 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 $-0.030 for the next fiscal quarter. For the current year, analysts are predicting earnings of $-0.140 per share according to First Call.
In looking at where the stock is trading on a technical level, the stock is trading -23.776% away from its 50 day moving average of $0.887. Based on the most recent available data, the equity is -48.000% off of its 52-week high of $1.300 and +22.909% away from its 52-week low which is $0.550.
Today, the stock opened at $0.671 and the last bid at the time of writing stood at $0.676. During the session thus far, the equity dipped down to $0.622 and touched $0.700 as the high point. RMG Networks Holding, Corp. (NASDAQ:RMGN) has a market cap of $24.93M and has seen an average daily volume of 34177 over the past three months.
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