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DULUTH, Ga. - Boxlight Corporation (NASDAQ:BOXL), an educational technology solutions provider with annual revenues of $121.2 million, has announced the release of its CL Totem signage display in North America. According to InvestingPro data, while the company’s stock has shown strong returns over the past month, analysts anticipate sales challenges ahead. The CL Totem is a freestanding, plug-and-play digital signage solution designed to simplify information sharing in high-traffic areas without the need for wall mounting or subscription services. This product launch comes as the company maintains a current ratio of 1.02, indicating tight but adequate liquidity to meet short-term obligations.
The product comes in two sizes, 49" and 55", and is tailored for environments such as retail stores, hotel lobbies, restaurants, and corporate campuses. It is designed to provide a high-impact visual experience with minimal setup requirements.
Daniel Morris, Boxlight’s Category Manager – Displays (Americas) and Director of Enterprise & Government Sales, emphasized the ease of use and flexibility of the CL Totem, noting its ability to deliver a polished signage experience without setup complexities or recurring costs.
The CL Totem features include full-screen video and image playback, content management powered by the CleverLive cloud-based platform, and an optional media player upgrade for more complex content layouts. Its design is both sleek and durable, suitable for 24/7 operation, and includes smart functionality such as one-touch broadcasting, QR code integration, HDMI input, and remote updates on the Android 11 OS.
This launch is part of Boxlight’s strategy to consolidate its digital signage and interactive display products, offering customers a cohesive visual communication solution.
The CL Totem is currently available for purchase, and more information can be found on Boxlight’s website. This article is based on a press release statement from Boxlight Corporation.
In other recent news, Boxlight Corporation has announced a strategic partnership with RedBag to enhance school safety through the integration of their technologies. This collaboration aims to improve emergency preparedness by combining Boxlight’s ATTENTION! communication system with RedBag’s smart safety kits, allowing for real-time visual alerts during critical incidents. The integration is already in use at Aurora Public Schools, which has implemented 1,411 Boxlight displays to ensure that alerts are both seen and heard effectively. In another development, Boxlight has received a notification from the Nasdaq Stock Market regarding non-compliance with listing requirements. The company reported negative stockholders’ equity of approximately $12.9 million at the end of December 2024 and net losses for 2023 and 2024. Boxlight has 45 days to submit a plan to regain compliance, and if accepted, it may have up to 180 days to meet the necessary financial conditions. There is no guarantee that Nasdaq will accept this plan, posing potential challenges for Boxlight’s market presence and capital-raising capabilities.
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