SOURCE: RoomLinX, Inc.

April 22, 2008 09:00 ET

'Hotel Business' Reports Jet Hotel Denver First to Install Roomlinx' Media & Entertainment System

Total U.S. Market Opportunity Believed to Be $400,000,000 per Month for Roomlinx Product

DENVER, CO--(Marketwire - April 22, 2008) - As reported today in HOTEL BUSINESS®, the news magazine of the hospitality industry published by ICD Publications, the Jet Hotel Denver will be first to install the new In-Room Media & Entertainment system from Roomlinx, Inc. (PINKSHEETS: RMLX). The HDTV-based system will give Jet guests instant access to the most comprehensive group of interactive services ever created for in-room access. Installation is scheduled for May.

The Jet, a contemporary boutique hotel that caters to the urban business-professional lifestyle, is located in Denver's lively LoDo neighborhood.

In the article, "Denver Boutique Hotel Takes Bold In-Room Entertainment Step," written by Hotel Business Managing Editor Christopher Ostrowski in the April 21 to May 6, 2008 issue, Jet Entertainment Director of Sales & Marketing Anna Miaskiewicz said, "The hotel's previous in-room entertainment package didn't exactly equate to the type of technology-savvy clientele the hotel attracts."

"One of the reasons we wanted to work with Roomlinx was our clients are very up on their tech and have it all in their homes, so we wanted them to feel at home here," she reported to Hotel Business. "I mean, we've always had nice amenities, but when Roomlinx came to us with this system that no one else has, we wanted to jump on top of that."

"As 'the place' to see and be seen in Denver, the Jet is the ideal property to launch our newest guest-service technology," said Mike Wasik, Roomlinx CEO. "We are equally excited that the Jet will serve as Associated Press headquarters during the Democratic Convention, giving Roomlinx the opportunity to deliver media services to the nation's leading journalists."

Roomlinx estimates the system will generate a minimum $100 per room per month in gross revenues, on a 5-year term, as compared to roughly $3 per room per month for High Speed Internet Access.

"This installation marks a new beginning for Roomlinx not only as an innovator but as a company with the potential to generate significant revenues and realize its vision for its shareholders and employees," said Wasik. "The total U.S. market revenue opportunity for our product is estimated to be $400 million per month. Five percent market penetration equates to revenue potential of $20 million per month. Our current market cap is less than $3 million; you do not have to be an analyst to understand the potential upside opportunity we have in front of us."

About Jet Hotel

Jet is a boutique hotel located in the heart of lower downtown Denver. The hotel caters to the urban business-professional lifestyle by striving to mimic what its guests have in their homes. In-room amenities and technologies are anything but standard. The adult-only hotel is entirely nonsmoking. The main level of the Jet features the Jet Lounge, while the lower level features an exclusive members-only Twenty nightclub. For more information, visit www.jethotel.com.

About Roomlinx

Roomlinx is the hospitality in-room expert providing in-room Business, Media and Entertainment solutions designed to increase revenues and brand loyalty for hotels, resorts, and timeshare properties, utilizing premium content and applications demanded by today's traveler. For more information, visit www.roomlinx.com.

Safe Harbor Cautionary Statement

Certain statements in this news release, including statements that we "believe," "expect," "intend," "plan" or words of similar import, are forward-looking information within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Exchange Act of 1934, and are subject to the safe harbor created by those rules. All statements, other than statements of fact, included in this release, including, without limitation, statements regarding potential future plans, new products and services and objectives of the company, are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. Factors that could cause actual results to differ materially from those in the forward-looking statements include, among other things, the following: the company's successful implementation of the new products and services, demand for the new products and services, the company's ability to successfully compete against competitors offering similar products and services, general economic and business conditions; unexpected changes in technologies and technological advances; ability to commercialize and manufacture products; results of experimental studies research and development activities; changes in, or failure to comply with, governmental regulations; and the ability to obtain adequate financing in the future. This information is qualified in its entirety by cautionary statements and risk factors disclosure contained in certain of the Company's Securities and Exchange Commission filings available at http://www.sec.gov, which you should carefully review. Roomlinx does not assume any obligation to update or revise any forward-looking statements, whether as the result of new developments or otherwise.

Contact Information

  • Contact:
    Barb Worcester
    President
    PRpro
    Tel: (440) 930-5770
    Email Contact