Toronto, Ontario – August 13, 2012 - 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”), a privately owned and operated creative graphics and advertising company located in Bluffton, Indiana, are pleased to announce the completion of the testing of iSIGN’s Interactive Marketing Solutions (“IMS”) 3.1 software and related Smart Antenna (“SA”).
Under the terms of the LOI, Graphic has agreed to a payment of $250,000 US, to acquire exclusive rights to the territories of Indiana and Ohio for a period of three years. The agreement also calls for iSIGN to receive $1,095 US in licensing fees per unit per year.
“We have been testing iSIGN’s Smart Antenna extensively for the past month and are very impressed,” stated Mr. Ron Leman, President and Chief Executive Officer of GraphicMedia, Inc. “We are very pleased with the results and believe that our market area will respond well to this technology.”
“We pride ourselves on our ability to provide innovative solutions in an ever changing culture of information, and marketing communication,” added Mr. Leman. “Today, the only thing that is experiencing more exploding growth than information, is the technology that delivers this information. We plan on integrating iSIGN’s technology into our marketing portfolio of products and services, thus giving our clients a huge competitive advantage.”
“We have already introduced iSIGN and its Smart Antenna to two companies and are extremely pleased with the results,” stated Mr. Leman. “One is National Oil and Gas, Inc,, a major petroleum distributor who is open to a pilot program in selected outlets of a major convenience store chain with approximately 4,000 outlets. The other is a large well-established international company headquartered in Hong Kong, who is interested in acquiring China as a territory.“
“We are very pleased to close this LOI,” said Alex Romanov, iSIGN’s Chief Executive Officer. “GraphicMedia is a well-known and respected company with a strong client base that we believe can benefit from our technology. They understand what our technology can deliver and the benefits that can be derived from our solutions. We’re looking forward to finalizing the details of the pilot program with National Oil and hope to have this underway shortly.”
“The last number of months have been very busy ones for us, especially in the United States and international markets,” added Mr. Romanov. “Including GraphicMedia, we have now signed agreements with three resellers, two located in the United States and one in Australia and are in negotiations with three other companies. In addition we are in discussions with major accounts in the United States. We also chose Seneca Data as our manufacturer of record for our equipment, including our award winning Smart Antenna (“SA”). We believe that we are making strong in-roads into the Unites States market.”
About iSIGN Media
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.
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. Giving our client’s an advantage over their competition. Additional information can be found at 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.
