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iSIGN Media Targets the United States Market and Manufacturing for Growth(July 16, 2012)
TAMPA, FL -- (Marketwire) -- 07/16/12 -- iSIGN Media Solutions Inc. ("iSIGN" or "Company") (OTCQX: ISDSF) (TSX VENTURE: ISD), a leading provider of interactive mobile advertising solutions that serves advertisers, manufacturers, retailers and advertising agencies throughout North America, is pleased to provide information on its United States activities.
iSIGN expects that the majority of its revenue growth will be coming from the United States and has successfully concluded a number of United States focused initiatives over the past few months.
iSIGN appointed Seneca Data Distributors, Inc. as their manufacturer of record for all of its equipment, including iSIGN's award winning Smart Antenna, and has begun shipping both within the United States and internationally. The decision to have its equipment manufactured in the United States was taken based on iSIGN's growing presence in the United States and its expectations of continued growth, combined with the need to have a proven manufacturer with professional attitudes towards quality controls, attention to detail and commitment to reliable production schedules.
iSIGN's newly opened office in Clearwater, Florida is now staffed and pursuing business initiatives both locally and nationally.
iSIGN completed its application process with the OTCQX International, the premier tier of the United States over-the-counter market and has been trading under its symbol of ISDSF since June 15, 2012. At the same time, iSIGN arranged with Standard & Poor's ("S&P") to have certain company-specific information disseminated to users of S&P Capital IQ's MarketScope Advisor, as well as available via S&P's Stock Guide database, which is electronically distributed to virtually all major quote vendors.
iSIGN has entered into two Letters of Intent ("LOI") with United States companies for licensing of iSIGN's Smart Antennas and related Interactive Marketing Solution ("IMS") software in specific geological areas.
"We recognize that the United States is going to be our largest market for our software and hardware," said Alex Romanov, iSIGN's Chief Executive Officer. "We feel that our recent activities, especially our decision to base our manufacturing as well as locating an office there, are positioning us to take advantage of the tremendous growth of interest in location-based proximity advertising to mobile devices in the United States."
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.
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 except as required by law.
© 2012 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.
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