TORONTO, ONTARIO — (Marketwired) — 04/30/15 — iSIGN Media Solutions Inc. (“iSIGN” or the “Company”) (TSX VENTURE: ISD)(OTCQX: ISDSF), a leading provider of interactive mobile advertising solutions that serves brands, commercial locations, retailers and service providers throughout North America, announces that its exclusive reseller in Panama, E3 Solutions S.A. (“E3”) has completed their first installations of Smart Antennas, starting with Stevens– department stores, the first one located in Albrook Mall, Panama City.
The principals of E3 attended iSIGN–s office in Richmond Hill on April 20/21 to conclude their reseller agreement (“Agreement”) and for training. Under the terms of the 36 month Agreement, E3 purchased the first 15 Smart Antennas for immediate delivery and committed to a minimum purchase of an additional 330 units from November 2015.
Stevens is a department store chain of 18 outlets in Panama, with the majority of the stores being in excess of 10,000 square meters in size. Albrook Mall is the 13th largest shopping mall in the world as well as the largest in Latin America. The installations will be used to provide immediate metrics to both store management as well as brands.
E3–s intention is to target all commercial malls and retailers after fine tuning messaging in order to provide optimum ROI for both the retailers and brands.
“We were very pleased to be approached by E3,” stated Mr. Alex Romanov, iSIGN–s Chief Executive Officer. “They are a young aggressive company, who thoroughly understand the many strengths of our technology and their advantages over Beacons and apps.”
“Panama has a very vibrant, growing economy and as a major tourist and commerce destination that has a global audience for iSIGN technology vastly greater than its 3.6 million population,” added Mr. Romanov. “E3 will be our lead to major expansion into South America.”
iSIGN is currently in various stages of negotiations with six other potential resellers, located in various parts of the world and continues to receive requests on a daily basis. Most of these requests have come to iSIGN as businesses realize the imperfections of Beacons with their apps and download requirements and needs for individuals to surrender personal information.
“The use of resellers is very advantageous to us, in that it effectively gives us experienced sales reps and support structure, with existing client bases who are already familiar with the resellers and their staff,” stated Mr. Romanov. “Our resellers effectively provide us with a sales staff throughout the world and are very cost effective.”
About iSIGN Media
iSIGN Media, based in Toronto, is a data-focused, software-as-a-service (SaaS) company that is a pioneering leader in gathering point-of-sale data and mobile shopper preferences to generate actionable data and reveal valuable consumer insights. Creators of the Smart suite of products, a patented interactive proximity marketing technology, iSIGN enables brands to deliver targeted messaging, personalized offers and loyalty perks to consumers– mobile devices in proximity and with real-time proof of redempton. iSIGN–s data gathering capabilities provide analytics on price points, typical purchases, in-store dwell time and other shopper metrics that identify emerging consumer behaviors. These insights enable smarter business decisions and provide increased ROI metrics for more transparent marketing. iSIGN delivers relevant, timely messages on an opt-in basis at no charge to consumers, transmitting rich media to consumer mobile devices via Bluetooth® and WiFi connectivity in complete privacy as opposed to iBeacons, apps, downloads and required surrendering of personal information. Proven to increase brand engagement and customer loyalty, iSIGN generates preference-based, predictive “clean data” without compromising consumer privacy. Partners include: IBM, Keyser Retail Solutions, Baylor University, Verizon Wireless, TELUS and AOpen America Inc., with solution distribution by Graphic Media, Inc.
Forward-Looking Statements
This news release may include 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.
© 2015 iSIGN Media Solutions Inc. All Rights Reserved. All other trademarks and trade names are the property of their respective owners.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility or accuracy of this release.
Contacts:
Media contact: SSPR
Emily Storz
267-758-2642 (direct) or 609-351-3592 (mobile)
Company contact: iSIGN Media Solutions Inc.
Alex Romanov
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