TORONTO, ONTARIO - February 12, 2013 - iSIGN Media Solutions Inc. ("iSIGN" or "Company") (TSX-V: ISD) (OTCQX: ISDSF), a leading provider of interactive mobile advertising solutions that serves advertisers, manufacturers, retailers and advertising agencies throughout North America, is pleased to announce that its third quarter revenues will be approximately $600,000.
"We have seen a significant improvement in the revenue generated from the sale of Smart Antennas and related loading of the software system and unit activation, combined with the continuing improvement in the advertising revenue generated from our digital signage network during the third quarter," stated Alex Romanov, Chief Executive Officer of iSIGN. "In fact, our third quarter revenue slightly more than doubled the results from the first six months of our fiscal year. We are encouraged by these results, especially so in that once the Smart Antennas are installed, they will start to generate additional ongoing monthly revenues as well as allowing our back-end reporting system to gather a growing amount of data from each installation."
"On a related note, I would like to announce that our 4th quarter starting February 1 is off to a good start with the signing of a six month $200,000 plus advertising contract for digital advertising on our signage network. This is a nice kick start to both the fourth quarter of this fiscal year, as well as for the first quarter of our next fiscal year," added Mr. Romanov.
About the Company:
iSIGN Media is a North American leader in multiplatform advertising solutions that utilize Bluetooth, Mobile, WiFi and Location-Aware technologies to deliver rich media, permission-based messages to engage consumers more deeply and cost-effectively. The resulting business intelligence and real time metrics, gathered through iSIGN's patent-pending advertising platform, deliver insights into emerging consumer behaviors that help advertisers measure their efforts and make better business decisions to increase ROI and customer loyalty. Headquartered in Richmond Hill, Ontario, with R&D and customer support operations in Vancouver, BC and Tampa, FL, the Company has also grown to become the largest owner/operator of in-store digital media in Canada with 5,600 digital signs in 1,400 locations. Partners include: AOpen America Inc. and IBM, with solution distribution by BlueStar Inc. Additional information can be found at www.isignmedia.com.
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This news release includes certain forward-looking statements that are based upon current expectations, which involve risks and uncertainties associated with iSIGN Media's business and the environment in which the business operates. Any statements contained herein that are not statements of historical facts may be deemed to be forward-looking, including those identified by the expressions "anticipate", "believe", "plan", "estimate", "expect", "intend", and similar expressions to the extent they relate to the Company or its management. The forward-looking statements are not historical facts, but reflect iSIGN Media's current expectations regarding future results or events. These forward-looking statements are subject to a number of risks and uncertainties that could cause actual results or events to differ materially from current expectations. iSIGN Media assumes no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those reflected in the forward-looking statements.
(C) 2012 iSIGN Media Solutions Inc. All Rights Reserved. All other trademarks and trade names are the property of their respective owners.
For more information contact:
Vanessa HarwellBelinda Rooney
ThinkInk Communications LLPSSPR
305. 749.5342, extension 232609.750.9110
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
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