Honoring the company as a top performing
Digital Signage Partner to watch in 2022
LOUISVILLE, Ky. and DALLAS, April 5,
2022 /PRNewswire/ -- Creative Realities, Inc. ('CRI',
NASDAQ: CREX, CREXW) a leading provider of digital signage
solutions, announced today that it has been honored with two
Samsung Smart Signage Awards during The Samsung Virtual Experience
- Connection Redefined: an in-person event for the professional
audiovisual and information communication industries. The in-person
event on March 30th &
31th welcomed customers, channel partners, and fans to hear from
industry experts and explore innovations that help companies get
back to business.
This latest recognition as a leading Samsung reseller comes just
weeks after the announcement that the company had closed its merger
with Reflect Systems, positioning the combined company as a leader
in digital signage – one of the few in the space able to provide
customers with everything from award-winning design, to world-class
software platforms, to exceptional deployment and day-two
support.
"The Samsung Display Awards program celebrates the significant
contributions our partners make to the visual display industry,"
said Chris Mertens, Vice President
of US Sales, B2B Displays at Samsung Electronics America. "Winners
were selected by identifying partners that have the highest growth
rate, as well as select integrators who have creatively deploying
Samsung Smart Signage solutions into several key industries. We're
excited to recognize these deserving companies."
"We are thrilled to have been recognized by Samsung. Not only is
Samsung a highly respected Brand, they are the market leader in the
B2B digital signage display industry," said Rick Mills, CEO. "We previously announced
we expect our organic growth this year to exceed 40% and much of
that will be fulfilled with Samsung digital signage products", adds
Mills.
Because of Samsung's market presence and expansive sales team
and partner network, the recognition is a particularly important
achievement as it raises awareness throughout the ecosystem of the
unique capabilities that continue to help Creative Realities
accelerate business growth.
The company won a second award from Samsung for Top Installation
Partner for executing a 'store of the future' concept for Petco in
the Retail vertical. The Retail Installation of the Year honors a
project that helped solve a business challenge by successfully
leveraging innovative digital signage hardware, complex systems and
collaboration among partners to bring a powerful, all-encompassing
retail solution to life.
"Digital within Retail has significantly accelerated since the
COVID-19 pandemic, and we're poised to transform the in-store
journey with omnichannel solutions that make it easier for people
to shop" adds Beth Warren, SVP of
Marketing and the Retail Partner lead for Samsung at Creative
Realities. "Collaboration is critical in delivering best in
class solutions and we rely on Samsung for their ability to open
doors and get product we need to market, quickly and at the best
possible price point for our clients."
When asked about his reaction to winning two awards at the same
conference, Rick Mills commented,
"These accolades are a direct result of our approach and model: we
understand the business problem our clients are attempting to
solve, and then utilize technology shaped specifically to the
environment to achieve those goals. When we solve and service with
precision and consistency, the resulting performance speaks for
itself."
About Creative Realities,
Inc.
Creative Realities helps clients use place-based digital media
to achieve business objectives such as increased revenue, enhanced
customer experiences, and improved productivity. The company
designs, develops and deploys digital signage experiences for
enterprise-level networks, and is actively providing recurring SaaS
and support services across diverse vertical markets, including but
not limited to retail, automotive, digital-out-of-home (DOOH)
advertising networks, convenience stores, food service/QSR, gaming,
theater, and stadium venues.
With its recent acquisition of Reflect Systems, Inc., a leading
provider of digital signage software platforms, the company is
poised to extend its product and service offering and accelerate
growth in SaaS revenue. While Reflect provided a broad range of
digital signage solutions, the company's flagship products are the
market-leading ReflectView digital signage platform and Reflect
AdLogic ad management platform. ReflectView is the industry's most
comprehensive, scalable, enterprise-grade digital signage platform,
powering enterprise customer networks. Meanwhile, Reflect AdLogic
has become the benchmark for digital signage powered ad networks,
delivering nearly 50 million ads daily. The acquisition of Reflect
also brought to the business a media sales division with the
expertise and relationships to help any digital signage venue owner
develop and execute a monetization plan for their network.
The combined company has operations across North America with active installations in
more than 10 countries.
Cautionary Note on Forward-Looking
Statements
This press release contains "forward-looking statements" within
the meaning of Section 27A of the Securities Act of 1933, as
amended, Section 21E of the Securities Exchange Act of 1934, as
amended, and the Private Securities Litigation Reform Act of 1995,
and includes, among other things, discussions of our business
strategies, product releases, future operations and capital
resources. Words such as "estimates," "projected," "expects,"
"anticipates," "forecasts," "plans," "intends," "believes,"
"seeks," "may," "will," "should," "future," "propose" and
variations of these words or similar expressions (or the negative
versions of such words or expressions) are intended to identify
forward-looking statements. Forward-looking statements are not
guarantees of future performance, conditions or results. They are
based on the opinions, estimates and beliefs of management as of
the date such statements are made, and they are subject to known
and unknown risks, uncertainties, assumptions and other factors,
many of which are outside of our control, that may cause the actual
results, level of activity, performance or achievements to be
materially different from those expressed or implied by such
forward-looking statements. Some of these risks are discussed in
the "Risk Factors" section contained in Item 1A of our Annual
Report on Form 10-K for the year ended December 31, 2021 and the Company's subsequent
filings with the U.S. Securities and Exchange Commission. Important
factors, among others, that may affect actual results or outcomes
include: our ability to effectively integrate Reflect's business
operations, our strategy for customer retention, growth, product
development, market position, financial results and reserves, our
ability to execute on our business plan, our ability to retain key
personnel, potential litigation, supply chain shortages, and
general economic and market conditions impacting demand for our
products and services, including those as a result of the COVID-19
pandemic. Readers should not place undue reliance upon any
forward-looking statements. We assume no obligation to update or
revise the forward-looking statements, whether as a result of new
information, future events or otherwise, except as required by
law.
About Samsung Electronics America,
Inc.
As a global technology leader, Samsung Displays provides a
diverse portfolio of enterprise technologies including digital
signage, LED, hospitality TVs, and Desktop
displays. Samsung puts the customer at the core of everything
we do by delivering comprehensive products, solutions and services
across diverse industries including retail, healthcare,
hospitality, education and government. Samsung Displays is
committed to helping customers realize the promise of a digital
business. For more information, please visit
samsung.com/business, call 1-866-SAM-4BIZ or follow Samsung
Business via Twitter @SamsungBizUSA.
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SOURCE Creative Realities, Inc.