News

RMG Appoints Robert Michelson Interim CEO and Promotes Loren Buck to COO

Enhancing Senior Leadership Team

DALLAS, TX -- (Marketwired) -- 07/24/14 -- RMG Networks Holding Corporation (NASDAQ: RMGN), RMG Networks or the Company, today announced that its board of directors has appointed Robert Michelson, 58, as interim president and interim chief executive officer, effective immediately. This appointment follows the resignation of Garry K. McGuire Jr. as the company's president and chief executive officer and his resignation from RMG Networks' board of directors to focus on other professional opportunities. The board of directors expresses its appreciation to Mr. McGuire for his services to the Company and wishes him success in his future endeavors.

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RMG Networks Amends Its Senior Credit Facility

Increases Senior Credit Facility to $12 Million; Adds Approximately $3.4 Million in Net Cash Proceeds; Resets Financial Covenants to Provide Increased Operating Flexibiliy

DALLAS, TX -- (Marketwired) -- 07/16/14 -- RMG Networks Holding Corporation (NASDAQ: RMGN), or RMG Networks, a leading provider of technology-driven visual communications solutions, today announced it has successfully completed a Third Amendment to its senior credit facility.

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Microsoft Ad Sales GM Scott Pawloski Bets on Video with Move to RMG Networks

DALLASJuly 9, 2014 /PRNewswire/ -- RMG NETWORKS (NASDAQ: RMGN), a leading provider of digital place-based media and digital signage solutions, has named Scott Pawloski as its Chief Revenue Officer – Media Networks reporting to RMG Networks CEO Garry McGuire. Pawloski was formerly Microsoft Corporation's ("Microsoft") Advertising General Manager for the Central U.S. Region.

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New Nielsen Study Reveals Impact of RMG Office Network's Audience

RMG Estimates office network delivers 100 million impressions annually

DALLAS, TX -- (Marketwired) -- 06/11/14 -- RMG NETWORKS (NASDAQ: RMGN), a leading provider of Digital place-based media and digital signage solutions technology, today released data developed with Nielsen that defines the RMG Office Network as a powerful choice for media planners and cross-platform video buyers for engaging well-educated, high-earning working professionals with video advertising.

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RMG Networks Reports First Quarter 2014 Results

Enterprise Revenue Increased 7% YoY on an Adjusted Basis(1,2) With Sequential Margin Expansion, Media Revenue(1) Decreased as Expected With Broader Q1 Out-Of-Home Advertising Market Softness, Top-Line Momentum Building Into Q2 as Growth Investments Demonstrate Further Traction, Continue to Expect Accelerated Revenue and Adjusted EBITDA Generation in Second Half 2014

DALLAS, TX--(Marketwired - May 8, 2014) - RMG Networks Holding Corporation (NASDAQRMGN)

Quarter Highlights

  • First quarter consolidated revenue of $12.6 million, on an adjusted basis1,2, comprised of $10.1 million in adjusted Enterprise revenue1,2 and $2.5 million in Media revenue
  • Launched enhanced Visual Supply Chain solution expanding suite of visual communications solutions
  • Completed installation of the RMG Office Network and generated initial network revenues
  • Generated initial EMEA advertising bookings and added two EMEA airline partnerships with Etihad Airways and OnAir
  • South East Asia and China regions generated initial Enterprise revenues; Middle East continued strong growth
  • Cross-selling initiatives continued to gain traction with two global customers signing contracts spanning multiple geographies

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RMG Networks Customers Protected from Heartbleed

DALLAS, TX  -- 04/16/14 -- RMG NETWORKS (NASDAQ: RMGN) Customers with RMG Networks deployments are not vulnerable to the Heartbleed virus. The virus takes advantage of OpenSSL commonly used on Linux Operating Systems for providing encryption functionality. Since RMG Networks software does not run on Linux and does not use OpenSSL to communicate, our customers will not be affected.

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RMG Networks Reports Fourth Quarter and Full Year 2013 Results

Q4 Pro Forma(1) Revenues Increase Sequentially 37% From Q3; Pro Forma Gross Margins Improve to 47%; Demonstrated Early Positive Results From Growth Investments; Foundation in Place to Achieve Expected Accelerated Revenue and Adjusted EBITDA Generation in 2014

DALLAS, TX -- (Marketwired) -- 03/31/14 -- RMG Networks Holding Corporation (NASDAQ: RMGN)

Highlights

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RMG Networks Announces Results of Warrant Exchange Offer and Consent Solicitation

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RMG Airline Media Networks Expands to Asia

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