STRATACACHE Announces New Chicago-Based Facility for Research, Support and New Product Development

DAYTON, Ohio, Feb. 22, 2021 /PRNewswire/ -- STRATACACHE today announced the purchase of a 100,000 square foot facility in Lisle, Illinois (Chicago), which will house new research and support teams for the digital signage, intelligent display and sensor systems company. The Chicago location marks the third facility STRATACACHE has acquired in the past year, in order to support the growing global clientele of the STRATACACHE family of companies, adding several hundred highly technical jobs to the US market.

Despite a globally challenging economic environment, STRATACACHE continues to experience rapid growth in providing advanced technology solutions, such as intelligent display and sensor systems, to clients in key verticals including retail, restaurants, banking, entertainment, transportation and corporate communications. The new facility, a four-story class A building in the western Chicago suburb of Lisle, was formerly a U.S. headquarters for McCain Foods, Inc. More than a dozen large STRATACACHE customers have headquarters in Chicago, and the new location will allow for enhanced local support, as well as a fully outfitted support lab, meeting room space and X2O One Room, an immersive collaboration environment for in-person and remote participation created by X2O Media, a STRATACACHE company.

"As STRATACACHE continues to grow, we look forward to tapping the Chicago market for development and engineering talent to further our work on our new mobile platforms, our advanced tablet compute devices as well as key projects in retail self-service systems," said Chris Riegel, STRATACACHE CEO. "We will be adding significant staff in the new STRATACACHE Chicago center over the next several months and look forward to enabling world class customer interactive solutions designed to help our customers reduce costs and improve sales in this uncertain economic time."

STRATACACHE provides a full scope of technological solutions to help retailers, marketers and customer experience teams use intelligent digital display and sensor systems to optimize interaction and engagement with consumers and employees. The new location outside Chicago will allow STRATACACHE to recruit local technical talent and expertise to further the research, development and business development efforts of hardware and application development.

STRATACACHE acquired a 1.4 million square foot factory in Eugene, OR, in March 2020, and is equipping it as a full 300mm wafer microLED display manufacturing facility. STRATACACHE made an additional client support investment in a new 1100+ seat Network Operations and Data center in Waterloo, IA, in November 2020.

About STRATACACHE
STRATACACHE delivers in-store retail experience transformation and exceptional customer journeys through a wide array of marketing technology. Our solutions enable retailers to learn deeply about their customers' shopping preferences and behaviors, delivering targeted promotional or task-based messaging on any digital display. With 3.3 million+ software activations globally, we power the biggest digital networks for the world's largest brands. Across the STRATACACHE family of complementary Marketing Technology solution companies, we have the technology, expertise and track record to bring retail innovation that delivers results. Follow STRATACACHE on Twitter @STRATACACHE or on LinkedIn. Learn more about the STRATACACHE family at www.stratacache.com

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