Toronto, Ontario - February 27, 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 and GraphicMedia, Inc. ("Graphic"), iSIGN's exclusive distributor for Smart Antennas for the American continents, are pleased to provide an up-date to the negotiations for the exclusive reseller agreement for the State of Nevada.
An agreement has been reached that will allow for a 30 day due diligence and trial period of the Smart Antenna in specifically selected locations. It has been agreed that this period may be extended by mutual consent for a period of up to 90 days in 30 day increments.
Once the due diligence and trial period has been completed and the agreement finalized and signed, additional details will be released.
"We look forward to successfully completing the due diligence period and moving ahead with this agreement," said Mr. Alex Romanov, iSIGN's Chief Executive Officer. "Having all parties here in Las Vegas at the Digital Signage Expo has given everyone a chance to meet and discuss both the agreement and the potential for our Smart Antennas in Nevada."
"We feel that Nevada will be an extremely good location for our Smart Antennas as it has a large tourist and global population who would benefit from receiving messages to their mobile devices," added Mr. Romanov. "We are also in the process of extending our network of Smart Antennas into the city of Orlando in Florida. Orlando is another great tourist destination and we feel that it makes great sense to have our antennas installed there."
"iSIGN's Smart Antenna system provides relevant content to smart phones and tablets that come in range of the antenna installations," stated Ron Leman, Graphic's Chief Executive Officer and President. "The Smart Antennas are complemented by iSIGN's back-end reporting system that delivers real-time metrics, enabling clients to judge performance in real-time, something that is not offered by anyone else."
"There has been a large amount of interest expressed by various parties in becoming resellers for the Smart Antenna and we are looking forward to seeing a rapid growth in the iSIGN reseller network," added Mr. Leman.
About iSIGN Media
iSIGN Media is a world 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 GraphicMedia, Inc. and BlueStar Inc. www.isignmedia.com
About GraphicMedia
GraphicMedia, Inc. has a rich history of providing our Regional and National Clients with innovative marketing services, advertising graphics, and advertising sign services. Our most recent expansion (in 2011) has been in LED advertising display signs. Our Led sign clients range from large convenient store chains, furniture stores, and banks. GraphicMedia intends to integrate i sign technology into its marketing portfolio of products and services, thus giving our clients' an advantage over their competition. www.graphicmedia.us
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Forward-Looking Statements
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) 2013 iSIGN Media Solutions Inc. All Rights Reserved. All other trademarks and trade names are the property of their respective owners.
Press contact:
Alex Romanov
iSIGN Media
Belinda RooneyVanessa Harwell
SSPRThinkInk Communications LLP
609 750 9110 305 749 5342, extension 232
[email protected] [email protected]
Ron Leman
GraphicMedia
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