LOUISVILLE, Ky., Aug. 8, 2016 /PRNewswire/ -- Creative Realities, Inc. ("Creative Realities", "CRI", or the "Company") (OTCQB: CREX), a leading digital asset management and shopper marketing solutions provider, announced today the Company has appointed Jerry Reese to a new position as Vice President of Sales, where he will be responsible for managing and growing the sales teams as well as driving new customer opportunities for CRI. Mr. Reese was previously Vice President of Account Strategy at Convergent Media Systems, a division of Ballantyne Strong, Inc., where, for more than a decade, he led the strategic account management group responsible for multi-year, managed-services client engagements. He brings more than 25 years of experience and practical expertise in enterprise-class digital signage and digital media solutions with particular focus in the retail, financial and automotive industries.
Jerry Reese stated, "I am excited to work with Rick Mills and the team at CRI. CRI has a powerful platform from which to pursue new business, with a range and breadth of work that is as impressive as any in this industry."
"We are very pleased that Jerry has agreed to lead CRI's sales efforts," said Rick Mills, CEO. "We have been looking for the best individual to lead and grow our sales team across our six offices throughout North America, and we believe that Jerry is the right person to accomplish this task."
Mills added, "We continue to make tremendous strides at CRI in 2016. In addition to new sales leadership, these include new client wins, substantial orders from an existing client, expanded and renewal relationships with other existing clients, and substantial progress in our ongoing business transformation. We are very bullish that these changes position the Company favorably for the second half of 2016 and beyond."
About Creative Realities, Inc.
Creative Realities helps retailers and brands use the latest technologies to inspire shopper engagement in and around the Store. Founded 16 years ago, the firm's evolving client base has led to recognized leadership in deploying technology aligned with strategic and consumer behavior goals at Retail. The firm has delivered consumer/shopper experiences, and is actively providing recurring services today, across diverse categories: Automotive, Apparel & Accessories, Banking, Baby/Children, Beauty, CPG, Department Stores, Electronics, Fashion, Fitness, Foodservice/QSR, Financial Services, Gaming, Luxury, Mass Merchants, and Pharmacy Retail.
The Company's ConeXus subsidiary designs, installs and services high-end audio-visual networks for global retailers, luxury brands, digital out-of-home (DOOH) companies, advertising networks, and outdoor clients. The company has four offices across North America and active installations in 40 countries.
Cautionary Note on Forward-Looking Statements
This press release contains certain statements that would be deemed "forward-looking statements" under Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934 and includes, among other things, discussions of our business strategies, future operations and capital resources. Words such as "may," "likely," "anticipate," "expect" and "believe" indicate forward-looking statements.
These forward-looking statements may reflect management's present expectations and estimates regarding future expenses, revenue and profitability, trends affecting our financial condition and results of operations, operating efficiencies, revenue opportunities, potential new markets, and the ability of the Company to effectively compete in a highly competitive market. Nevertheless, and despite the fact that management's expectations and estimates are based on assumptions management believes to be reasonable and data management believes to be reliable, the Company's actual results, performance, or achievements are subject to future risks and uncertainties, any of which could materially affect the Company's actual performance. Risks and uncertainties that could affect such performance include, but are not limited to: the adequacy of funds for future operations; future expenses, revenue and profitability; trends affecting financial condition and results of operations; ability to convert proposals into customer orders; the ability of customers to pay for products and services; the impact of changing customer requirements upon revenue recognition; customer cancellations; the availability and terms of additional capital; ability to develop new products; dependence on key suppliers, manufacturers and strategic partners; industry trends and the competitive environment; the impact of the Company's financial condition upon customer and prospective customer relationships; and the impact of losing one or more senior executives or failing to attract additional key personnel. These and other risk factors are discussed in Company reports filed with the Securities and Exchange Commission.
Given these uncertainties, and the fact that forward-looking statements represent management's estimates and assumption as of the date of this press release, you should not attribute undue certainty to these forward-looking statements. We assume no obligation to update any forward-looking statements publicly, or to update the reasons why actual results could differ materially from those anticipated in any forward-looking statements contained in this press release, even if new information becomes available in the future.
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SOURCE Creative Realities, Inc.