Roomlinx Reports Strong 2012 Third Quarter, Nine-Month Results

Roomlinx Reports Strong 2012 Third Quarter, Nine-Month Results

Third Quarter Revenue Up 102% Year-over-Year; Hospitality Revenue Grew 129%

DENVER, Nov. 14, 2012 (GLOBE NEWSWIRE) -- Roomlinx, Inc. (OTCBB:RMLX), the
innovative developer of media networks and interactive TV applications for
hotels, today announced financial results for the three months and nine months
ended September 30, 2012.

Total revenue in the third quarter of 2012 increased 102% to $2.4 million, up
from $1.2 million in the third quarter of 2011. Hospitality revenue was the
primary driver of this growth and increased 129% in third quarter of 2012 to
$2.2 million, up from $950,000 in the prior year's third quarter. Residential
revenue was down slightly to $221,000 in the third quarter of 2012 compared to
$238,000 in the same period last year.

For the first nine months of 2012, total revenue increased 153% to $6.1
million from $4.0 million in the first nine months of 2011. Hospitality
revenue for the first nine months of 2012 increased 164% to $5.4 million
compared to $3.3 million for the first nine months of 2011. Residential
revenue was down slightly to $691,000 for the first nine months of 2012
compared to $698,000 in the same period last year.

"Our strong third quarter and nine month revenue growth reflect the continuing
progress of our Hyatt Hotel installations," said Mike Wasik, Roomlinx's CEO.
"At the end of the third quarter, we were providing service in more than 8,300
Hyatt rooms, an increase of approximately 50% since the end of the prior
quarter. This on-going increase provides us with an expanding base of monthly
recurring hospitality revenue as we build out service in up to 60,000 Hyatt
rooms over the next 24 months.We expect to see continued revenue growth as
these installations continue"

Net loss in the 2012 third quarter was $2.5 million, up from a net loss of
$517,000 in last year's third quarter. For the first nine months of 2012, net
loss was $5.4 million compared to a net loss of $1.8 million in the nine
months ended September 30, 2011. Net loss for both the third quarter of 2012
and the first nine months of 2012 includes a non-cash charge of $1.1 million
reflecting a loss on asset impairment related to Roomlinx's wholly owned
subsidiary, Cardinal Hospitality, Ltd.

Wasik continued, "Excluding a one-time non-cash charge for impairment of
assets, we reduced our net loss for the quarter to approximately $1.4 million,
down from approximately $1.8 million in our prior quarter, even as we made
significant on-going investments in our support staff and installation teams
to deliver increasing installations in the remainder of 2012 and 2013 under
our agreement with Hyatt."

Basic and diluted weighted average shares outstanding for the 2012 third
quarter and first nine months were 6,404,631 and 5,805,772, respectively,
compared with 5,115,203 and 5,056,412 in the year-earlier periods. The
year-over-year increase in shares principally reflects the issuance of shares
to certain private investors under a Securities Purchase Agreement in May

About Roomlinx

Headquartered in Broomfield, Colorado, Roomlinx, Inc. develops interactive TV
applications for the hospitality industry, serving hoteliers in the United
States, Canada and selected global markets. The company delivers world-class
in-room entertainment technology, allowing hotel guests to enjoy the best of
HD TV, the Internet, PC functionality and Video on Demand. For more
information, visit

The Roomlinx, Inc. logo is available at

Safe Harbor Cautionary Statement

This news release may contain forward-looking statements within the meaning of
the federal securities laws. Statements regarding future events, developments,
the Company's future performance, as well as management's expectations,
beliefs, intentions, plans, estimates or projections relating to the future
are forward-looking statements within the meaning of these laws.These
statements include statements regarding the Hyatt hotels roll out (including
the timing thereof), Roomlinx's growth as a result of the master service
agreement with an affiliate of Hyatt Hotels Corporation, and the revenue
potential arising therefrom.These forward-looking statements are subject to a
number of risks and uncertainties, some of which are outlined below. As a
result, actual results may vary materially from those anticipated by the
forward-looking statements. Among the important factors that could cause
actual results to differ materially from those indicated by such
forward-looking statements are:the Company's successful implementation of new
products and services (either generally or with specific key customers), the
Company's ability to satisfy the contractual terms of key customer contracts,
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;
the ability to obtain adequate financing in the future; the Company's ability
to establish and maintain strategic relationships, including the risk that key
customer contracts may be terminated before their full term; the possibility
of product-related liabilities; the Company's ability to attract and retain
qualified personnel; the Company's ability to maintain its intellectual
property rights and litigation involving intellectual property rights; risks
related to third-party suppliers; the Company's ability to obtain, use or
successfully integrate third-party licensed technology; breach of the
Company's security by third parties; and the risk factors detailed from time
to time in the Company's reports filed with the Securities and Exchange
Commission, including our 2011 Annual Report on Form 10-K available through
the web site maintained by the Securities and Exchange Commission at The Company undertakes no obligation to update publicly any
forward-looking statement, whether as a result of new information, future
events or otherwise.

David Fore
Hayden IR

Roomlinx, Inc. Logo
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