iSIGN Media Solutions Inc.

iSIGN Media Solutions Inc.

September 03, 2013 16:29 ET

iSIGN Announces Delay in Releasing Annual Financial Statements

TORONTO, ONTARIO--(Marketwired - Sept. 3, 2013) - iSIGN Media Solutions Inc. ("iSIGN" or "Company") (TSX VENTURE:ISD)(OTCQX:ISDSF), a leading provider of interactive mobile advertising solutions that serves advertisers, manufacturers, retailers and advertising agencies throughout North America, is announcing that

The delay completing the Company's annual financial statements relates to certain matters that came to the attention of the Company recently that require additional review, adjustment and disclosure of a material nature and impact, if any, on the annual financial statements. The Company anticipates it will complete its report on these matters to the Audit Committee with its recommendations on changes to the annual financial statements by Friday September 6, 2013. The matters arise from subsequent events that likely reveal conditions existing at the financial statement date; and, subsequent events not relating to conditions existing at the financial statement date that require note disclosure because their effect could be important to users in their interpretation of the financial statements. These subsequent events will be susceptible to audit procedures by the Company's auditors. The Company will issue an additional release at the earlier of Friday September 6, 2013, or when the Company has completed its additional investigations.

About iSIGN Media

iSIGN Media is a world 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 about 1,400 locations. Partners include: IBM, Keyser Retail Solutions, Baylor University, Verizon, TELUS and AOpen America Inc., with solution distribution by GraphicMedia, Inc. and BlueStar 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.

© 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.

Contact Information