TORONTO, Nov. 30, 2015 /CNW/ - iSIGN Media Solutions Inc.
("iSIGN" or "Company") (TSX-V: ISD) (OTC Pink: ISDSF), a leading
provider of interactive mobile proximity advertising solutions,
today announced that their exclusive reseller for the Middle East and North Africa ("MENA") territory, Multi Level
Technology ("MLT") has ordered and paid for 65 Smart Antennas.
Under the terms of the Agreement, MLT was required to order an
initial inventory of 50 Smart Antennas. iSIGN is pleased that
MLT elected to increase their order.
MLT is an Abu Dhabi based
hardware and software company, specializing in security, mobile,
marketing, smart-government and banking relating territories.
As defined by the Reseller Agreement ("Agreement") signed
July 11, 2015 with MLT, MENA is
defined as including the countries of Bahrain, Cyprus, Egypt, Iran,
Iraq, Jordan, Turkey, Tunisia, Algeria, Morocco, Sudan, Kuwait, Lebanon, Oman, Palestine, Qatar, Saudi
Arabia and the United Arab
Emirates.
MLT works hand-in-hand with its sister company Network
Intelligent Payment Solutions to combine cutting edge mobile and
other technology with deep financial capabilities. Together the two
companies provide customized payment solutions for a wide range of
customers across the MENA region. MLT's products
include: unattended kiosk machines, point of sale machines, and
specialized tablet computers and bank and other ATM networks.
MLT's software solutions includes anti-fraud software, mobile
two-factor authentication, mobile and tables based point of sale
systems, mobile wallet, loyalty and couponing, specialized tablet
applications, and general software development.
"The MENA region has great consumer potential for location-based
proximity marketing," said Mr. Alex
Romanov, iSIGN's Chief Executive Officer. "We believe
that together with MLT we will be able to realize this potential
and provide merchants with the opportunity to deepen their
connection with consumers; to greatly improve the customers'
experience while encouraging more loyalty."
"Multi Level Technology is deeply imbedded in the MENA region
and works in channels that our technology and hardware products
appeal to," added Mr. Romanov. "We look forward to a long and
mutually rewarding partnership."
iSIGN's Smart Antenna is a commercial quality unit, that is
waterproof and fully tested to operate within extreme temperature
ranges of -40 to +180 degrees Fahrenheit, that does not involve
apps and the related downloads and the requirement to surrender
personal and private information in order for messages to be
received, viewed and acted upon. There is no cost to the
recipient to connect to or receive messages from our solution, as
messages are delivered by Bluetooth and Wi-Fi. The
information gathered by our Smart Antenna and patented technology
is completely anonymous, in that it cannot in any way identify the
individual that our technology is interacting with. Some of
the information gathered includes the make and model of the mobile
device; acceptance or rejection of messages; date, time and
location of each interaction; and time spent within range of our
system. All of this 'Big Data' is of considerable interest to
users of our technology, as well as to data integrators.
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. www.isignmedia.com
© 2015 iSIGN Media Solutions Inc. All Rights Reserved. All other
trademarks and trade names are the property of their respective
owners.
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.
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.
SOURCE iSIGN Media Corp