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RMG inks multimillion dollar retail digital signage deal

RMG Networks, a provider of technology-driven visual communications, has announced the signing of a multimillion dollar agreement to support what it says is one of the world's largest telecommunication companies, to drive digital signage in the brand's retail footprint.

July 10, 2015

RMG Networks Holding Corp., or RMG Networks, a provider of technology-driven visual communications, has announced the signing of a multimillion dollar agreement to support what it says is one of the world's largest telecommunication companies. Initial purchases under the award total $1.1 million, a majority of which will be recognized as margin for accounting purposes. Significant future orders representing up to an additional $4 million are likely as the solution continues to roll out in 2016 across the customer's retail footprint. This opportunity represents one of the largest awards in RMG Networks' history, the company said.

RMG Networks will provide multiple stores with interactive and non-interactive video walls, LED displays and interactive Smart Screens that allow customers to learn about product and service options with multilingual support. The project is in direct support of the international telecommunications provider's recently unveiled new store concept designed to transform its retail experience and drive sales with a contemporary, fully digital environment for its customers.

"Built on a cutting-edge digital strategy, this retail transformation will elevate our customer's in-store environment," said Robert Michelson, CEO and president of RMG Networks, in the announcement. "Working in close collaboration, we are deploying a solution that will deliver a modern retail experience for shoppers. Together we are implementing the concept of connecting people's lives to the company by improving opportunities to engage with staff, products and services."