TORONTO, April 28, 2016 /CNW/ - iSIGN Media Solutions Inc.
("iSIGN" or "Company") (TSX-V: ISD) (OTC: ISDSF), a leading
provider of interactive mobile proximity advertising solutions is
pleased to provide an update from its reseller/licensee Rich
Multimedia Technologies Inc. ("RMT") on the initial deployment into
Mexico City, Smart Cities and the
results from the ARN Revenue Conference & Exhibition ("ARN
Conference").
RMT's manufacturer is well underway with the integration of
iSIGN's Smart Antenna into the 5,000 Tele-Digital Store Front
Kiosks ("Kiosks") for the Mexico marketplace. RMT and its partners
in Mexico have, in conjunction
with the various Mexican government departments that they are
working with, have identified all locations where the Kiosks are to
be installed.
Still to be determined, is the order in which each of the
respective government departments/offices will be installed.
The first shipment of 1,000 integrated Kiosks will commence once
payment to RMT has been made by the various Mexican government
departments were the units are to be installed. It is expected that
payment will be received in the near future.
RMT, in conjunction with iSIGN as well as the rest of their
various partners are proceeding with the plans for Smart City/Smart
Airport rollout. It has been determined that the rollouts will
commence with installations into international airports located in
the United States. This tactic was taken as it is considered
that airports are the gateway to each city.
RMT considers that the ARN Conference, held March 6 to 9, 2016, was highly successful.
Various airport representatives expressed great interest in their
Kiosks integrated with our technology and hardware. Based on
the expressed interest, RMT has 25 international airports in
the United States that it is in
the process of scheduling meetings with to discuss installation of
its integrated Kiosks. Potentially, these 25 airports would
be part of the Smart Cities/Smart Airports project.
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 the
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
About Rich Multimedia Technologies
Rich Multimedia and its executive team has a 25 year plus
proven track record in the telecommunications; advertising;
in-airport media and retail travel business. With our
partners we represent the leading international brands' and
In-airport retail concessionaires. We are committed to
working in close partnerships with brands, airport operators and
suppliers to bring the mobile traveller on-the-go an unrivalled
shopping choice and experience. We are relentless in our search for
new concepts that will help develop existing and new markets.
www.richmediatechnologies.com
© 2016 iSIGN Media Solutions Inc. All Rights Reserved.
All other trademarks and trade names are the property of
their respective owners.
Forward-Looking Statements
This press release contains forward-looking statements. More
particularly, this press release contains statements which include
the timing of closing the offering, the anticipated use of proceeds
and the receipt of the required approvals. The forward-looking
statements are based on certain expectations and assumptions made
by the Company. Although the Company believes that those
expectations and assumptions are reasonable, undue reliance should
not be placed on the forward-looking statements because the Company
can give no assurance that they will prove to be correct. Since
forward-looking statements address future events and conditions, by
their very nature they involve inherent risks and uncertainties.
Actual results could differ materially from those anticipated due
to a number of factors and risks. In addition to other risks, the
closing of the offering could be delayed if the Company is not able
to obtain necessary approvals when planned and the offering will
not be completed at all if approvals are not obtained or some other
condition to the closing is not satisfied. Accordingly, there is a
risk that the offering will not be completed within the anticipated
time or at all. The intended use of the net proceeds of the
offering by the Company might change if the Company determines that
it would be in the best interests of the Company to use the
proceeds for some other purpose. The forward-looking
statements contained in this press release are made as of the date
hereof. The Company disclaims any intention or obligation to
update or revise any forward-looking statements whether as a result
of new information, future events or otherwise, except as required
under applicable securities laws.
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 for the adequacy or
accuracy of this release.
SOURCE iSIGN Media Corp