iSIGN Media Solutions Inc.
TSX VENTURE : ISD
OTCQX : ISDSF

iSIGN Media Solutions Inc.

November 27, 2013 15:19 ET

iSIGN Announces its First Data Sale

TORONTO, ONTARIO--(Marketwired - Nov. 27, 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 pleased to announce that it has signed a one-year contract for the delivery of 2.5 million insights to a software company located in India, in the amount of $500,000.

Negotiations for this data sale commenced in early October and concluded in mid-November. The agreement requires iSIGN to deliver an initial 250,000 insights to Newcomp Analytics ("Newcomp") in Richmond Hill, Ontario on behalf of the purchaser for analysis, interpretation and evaluation purposes upon receipt of the required initial payment of $50,000, which will be delivered on December 4, 2013.

It is expected that Newcomp's analytics will result in enriched insights that will enable the purchaser to resell the final insights at a price of $0.60 to $0.80 per insight. This increase in valuation will benefit iSIGN in that future data sales can be enhanced value priced to the market.

Newcomp, an IBM/COGNOS partner, recently partnered with iSIGN to provide an evaluation process for the data that iSIGN's various network installations gather and potentially combine iSIGN's data with data already supplied to Newcomp from other sources. iSIGN estimates that its pricing will eventually be between $0.20 to as much as a $1.40 per insight. By adding loyalty program customer insights to this equation, data values could rise to as much as $3 or $4 per insight.

iSIGN considers its data as being "clean data", meaning that while the Company is collecting information including, but not limited to, shopper product and brand, offer preferences as well as final purchases, no personal shopper information is being gathered that could identify individual shoppers in any way.

"The quantity of data being gathered is increasing due to expanding our Smart Antenna networks in both the United States and Canada," said Mr. Alex Romanov, Chief Executive Officer of iSIGN. "We already have a sizable inventory of data that is growing by approximately one terabyte every four days. Our expectation is that with the ongoing expansion of our existing footprints combined with new footprints in both the United States and Canada, we will eventually increase our data gathering to one terabyte per day in 2014. We will be working closely with our auditors to determine a proper valuation of our data inventory to recognize and record its book value."

iSIGN is currently in discussions with several more potential customers located in North America as well as Europe.

About iSIGN Media

Since 2007, iSIGN has been developing multiplatform advertising and marketing solutions for brands to better attract, engage and retain customers through their mobile devices. The data and SaaS (software as a service) company collects and analyzes shopper preferences so that brands can deliver targeted messaging and personalized offers to consumers' mobile devices, in-location and in real-time. The company's interactive proximity-marketing technology is capable of gathering average price points, typical purchases, in-store dwell times and other shopper metrics to deliver business intelligence and insights into emerging consumer behaviors that can help brands make better business decisions and measure their marketing efforts. Utilizing Bluetooth™, mobile, Wi-Fi, and location-aware technologies to deliver relevant and timely messaging to any screen or mobile device, iSIGN delivers rich media, permission-based messages free to consumers that can drive immediate brand engagement, increased customer loyalty and deliver higher ROI on marketing dollars spent. 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 Wireless, TELUS and AOpen America Inc., with solution distribution by GraphicMedia, Inc. and BlueStar Inc. www.isignmedia.com

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