TORONTO, ONTARIO — (Marketwired) — 06/23/15 — iSIGN Media Solutions Inc. (“iSIGN” or “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, announced that it has received approval from the required regulatory bodies for the purchase of selected assets from Graphic Media, Inc, (“Graphic”) and Engage Mobile Media Solutions LLC (“Engage”) and that 10 million treasury shares will be issued to complete their acquisition.
These assets include but aren–t limited to: distribution and reseller rights; inventories of Smart Antennas and related equipment; media and advertising lists; contracts and agreements with installation sites and related to trial installations; data collection, mining and analytics; ownership of the National Mobile Network and the rights to the name Engage Mobile Media Solutions.
As a result of this purchase iSIGN is now in full control of all of the Americas with sole responsibility for all aspects of its operations, from the addition of resellers and expansion of the National Mobile Network (“NMN”) to the addition of brands and locations in the NMN. In addition, the full revenues that can be generated by iSIGN products, from hardware; monthly data and software licensing; data insight sales and advertising from advertisers on our hardware broadcasting within the NMN will now flow directly to iSIGN.
The result is that iSIGN will be a more streamlined and efficient global organization with a uniformed pricing policy and data capture methodology.
In anticipation of regulatory approvals for this acquisition, meetings were held in Indianapolis on Monday, June 22, 2015 that covered a variety of matters. Major items discussed included programs that iSIGN is working on with its resellers that will integrate with existing and future advertising sales activities within a soon to be expanded NMN and other network locations; restructuring of the resulting entity and staffing and internal procedures and reporting requirements. Engage presented their updated current and planned negotiations with brands and locations and reviewed the expansion plans of the Golden Pantry network, as well as immediate installation and expansion plans for the NMN as a whole. In addition Engage reviewed the renewed trials in Indianapolis locations of a Papa John–s International Inc. (“Papa John–s”) franchisee that are broadcasting menu and beverage coupon offers.
Engage has identified two additional pizza chains as strong targets for our Smart Antenna and patented technology and has scheduled and is preparing presentations for these chains.
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 redemption. 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.
© 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)
Investor contacts: iSIGN Media Solutions Inc.
Alex Romanov
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