News

RMG Networks Appoints Jana Ahlfinger Bell as Chief Financial Officer

Proven Financial Executive With 30 Years of Experience Joins Senior Leadership

DALLAS, TX -- (Marketwired) -- 04/27/15 -- RMG Networks Holding Corporation (NASDAQ: RMGN), or RMG NetworksTM, a leading provider of technology-driven visual communications solutions, today announced that Jana Ahlfinger Bell has been appointed as Executive Vice President and Chief Financial Officer of the company effective April 27, 2015. 

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RMG Networks Increases Labor Productivity up to 20% for Distribution Centers with New Visual Supply Chain Solution


DALLAS, TX -- (Marketwired) -- 04/16/15 -- RMG Networks Holding Corporation (NASDAQ: RMGN), or RMG Networksa leading provider of technology-driven visual communications, announces the introduction of its new Labor Productivity Improvement solution for supply chain warehouses and distribution centers that is designed to improve supply chain efficiency by up to 20 percent.

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RMG Networks Reports Fourth Quarter and Year End 2014 Results

Reports Fourth Quarter Adjusted Revenue(1) Growth of 32% With Stable Adjusted Gross Margins and Improved Adjusted EBITDA Compared to Prior Quarter

DALLAS, TX -- (Marketwired) -- 03/31/15 --

RMG Networks Holding Corporation (NASDAQ: RMGN)

Fourth Quarter Highlights

  • Total adjusted revenue1 of $18.6 million increased 32% from the third quarter 2014
  • Adjusted EBITDA loss1 of $1.3 million represented a $0.9 million improvement from the third quarter 2014
  • Brought to market the first product of 'Six New Products in Six Months' initiative
  • Subsequent to year-end and as previously disclosed, issued $25 million in convertible preferred stock; offering was comprised of $15 million to convert entire senior debt facility and $10 million of new gross cash proceeds
  • Subsequent to year-end and as previously disclosed, entered into a non-binding letter of intent to sell Airline Media Networks business

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RMG Networks to Report Fourth Quarter and Year End 2014 Financial Results on Tuesday, March 31, 2015

Conference Call Scheduled for Tuesday, March 31, 2015 at 9 a.m. Eastern Time

DALLAS, TX -- (Marketwired) -- 03/27/15 -- RMG Networks Holding Corporation (NASDAQ: RMGN), or RMG Networks, a leading provider of technology-driven visual communications solutions, today announced that it will release results for its fourth quarter and full year ended December 31, 2014, before the market opens on Tuesday, March 31, 2015.

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RMG Networks Raises $25 Million in Private Placement of Convertible Preferred Stock

Existing Senior Debt Facility to Fully Convert in Connection With the Transaction; Net Proceeds to Service Liquidity Needs and Fund Growth Initiatives

DALLAS, TX -- (Marketwired) -- 03/25/15 -- RMG Networks Holding Corporation (NASDAQ: RMGN), or RMG Networks, a leading provider of technology-driven visual communications solutions, today announced the sale of $25 million in Series A Convertible Preferred Stock (the "Preferred Stock") to institutional and accredited investors (the "Financing"). The Financing is comprised of $15 million from the full conversion of the company's existing senior debt facility and approximately $10 million in new capital, prior to the payment of fees and other transaction expenses. With the conversion of its senior credit facility, the company expects to be debt free, with the exception of capital leases.

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