News

RMG Networks Completes Launch of Six New Business Solutions

Demonstrating innovation and business growth, a leading provider of visual communications delivers six business solutions to the market in six months

06/08/15 -- RMG Networks Holding Corporation (NASDAQ: RMGN), or RMG Networks™, a leading provider of technology-driven visual communications, announces it successfully completed its Six in Six Initiative, a plan to bring six business solutions to the market in six months. This initiative recognizes the company’s drive to provide state-of-the-art intelligent visual technology to improve company operations. 

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RMG Networks Appoints Richard Mattock as Senior Vice President, Chief Technology Officer


06/03/2015 -- RMG Networks Holding Corporation (NASDAQ: RMGN), or RMG NetworksTM, a leading provider of technology-driven visual communications 
solutions, today announced Richard Mattock as its new Senior Vice President, Chief Technology Officer. Mattock’s responsibilities include development of the company’s technology strategy and direction, expansion of its offerings and product roadmap, and leading all aspects of the company’s technology solutions and support. 

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RMG Networks Announces Results of Special Meeting

Stockholders Approve Issuance of Common Stock Upon Conversion of Preferred Shares

DALLAS, TX -- (Marketwired) -- 05/14/15 -- RMG Networks Holding Corporation (NASDAQ: RMGN), or RMG Networks™, a leading provider of technology-driven visual communications solutions, today announced that at the special meeting of stockholders that was held on May 13, 2015, stockholders approved, for purposes of NASDAQ Listing Rule 5635, the issuance by the Company of 24,999,999 shares of the Company's common stock upon the conversion of 249,999.99 shares of the Company's Series A convertible preferred stock.

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RMG Networks Reports First Quarter 2015 Results

Continues Strong Progress on Key Strategic Initiatives; Significantly Narrows Adjusted EBITDA Loss from Continuing Operations From Prior Year

DALLAS, TX -- (Marketwired) -- 05/14/15 -- RMG Networks Holding Corporation (NASDAQ: RMGN)

First Quarter Highlights

  • Total revenues from continuing operations1 of $9.3 million; narrowed adjusted EBITDA loss from continuing operations1, 2 to $1.6 million from$2.8 million in the first quarter of 2014
  • Enterprise products and professional services revenues up 8.3% and 5.6% year-over-year, respectively
  • Completed 'Six New Products in Six Months' initiative, bringing to market four additional Enterprise business solutions
  • Successfully completed a $25 million private placement, eliminating its senior debt facility and adding $9.6 million in net cash proceeds to the balance sheet
  • Subsequent to quarter-end, appointed two key hires in Jana Ahlfinger Bell, Chief Financial Officer, and Chuck Corbin, Head of North American Sales
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RMG Networks Announces One-Day Adjournment of Special Meeting


DALLAS, TX -- (Marketwired) -- 05/13/15 -- RMG Networks Holding Corporation (NASDAQ: RMGN), or RMG Networksa leading provider of technology-driven visual communications solutions, today announced that its special meeting of stockholders that was scheduled for, and was convened on, May 12, 2015, was adjourned due to the lack of a requisite quorum. The vote in favor of the proposal was in excess of 98% as of May 12, 2015. Only stockholders of record on the record date of April 27, 2015, are entitled to vote and are being requested to vote.

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