SOURCE: RoomLinX, Inc.

June 10, 2008 09:00 ET

Roomlinx Provides Shareholder Update

Roomlinx Distributes Latest Company Newsletter Noting List of Accomplishments and Company Developments

DENVER, CO--(Marketwire - June 10, 2008) - Roomlinx, Inc. (PINKSHEETS: RMLX), the hospitality in-room expert providing Internet-based Media, Entertainment and Business Solutions, is keeping its promise that 2008 will be a banner year. Over the past 12 months, the company has achieved significant milestones that they believe have it positioned for solid growth and future successes.

"'What have you done for me lately?' is a shareholder question that I am eager to answer," said Mike Wasik, Roomlinx CEO. "The rapid and growing success of Roomlinx is the collaborative effort of a team of business partners and staff who are dedicated to Roomlinx and to our immediate portfolio growth. We've come out of the gate strong, and the future looks very bright."

Wasik sites a few of Roomlinx's accomplishments over the past 12 months:

--  Raised $2.35 million to restructure the company's balance sheet
--  Filed its 2005 10k and currently finalizing 2006 10k; anticipate being
    current by end of Q4
--  Built and launched the Roomlinx Media, Entertainment and Business
    Solution
--  Signed Beta agreements with The Jet Hotel Denver and a major hotel
    corporation
--  Successfully installed Roomlinx Media, Entertainment and Business
    Solution into suites at the Jet Hotel
--  Presented to, and in discussions with, four major hotel companies
--  Signed licensing contracts for content programming
--  Signed Master Sales Agent Agreement with Creative Hospitality
    Associates
--  Became a Microsoft© Partner
--  Roomlinx Media, Entertainment and Business Solution chosen for HITEC's
    Guestroom 2010 as one of the most innovative products of 2008
--  Added Free-to-Guest Programming to its list of products and anticipate
    two signed contracts this month
    

Roomlinx also distributed its latest newsletter today which can be found at www.roomlinx.com/NL0608/NL0608_one.html. For details on each of these achievements, contact, CEO, Mike Wasik at 303-544-1111 ext. 101 or mwasik@roomlinx.com and also visit www.roomlinx.com.

About Roomlinx

Roomlinx is the hospitality in-room expert providing in-room Media, Entertainment and Business 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