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Creative Realities wins $4 million in orders from existing clientLOUISVILLE, Ky., July 11, 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 was awarded purchase orders totaling $4 million under a new Master Services Agreement with a leading Mobile Network Operator ("MNO"). The MNO has been a client of ConeXus World Global since 2012. CRI acquired Conexus World Global in October 2015. Under these purchase orders, Creative Realities will provide hardware, software upgrades and services to reconfigure and upgrade the MNO's systems at approximately 180 locations. Revenues from these purchase orders are expected to be recognized in the third and fourth calendar quarters of 2016. Creative Realities will provide additional maintenance and support services related to the hardware and software, billable on an annual basis beginning January 1, 2017. "We are extremely pleased to receive these substantial orders from one of Conexus World's long-term clients," said Rick Mills, CEO. "This is just one example of the growth that we anticipated in the combined business, and should position the Company favorably as we head into the second half of 2016." About Creative Realities, Inc. About ConeXus Cautionary Note on 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.
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/creative-realities-wins-4-million-in-orders-from-existing-client-300296272.html SOURCE Creative Realities, Inc. 
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