TORONTO, ONTARIO--(Marketwired - March 27, 2014) - 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 an Agreement in Principal ("Agreement") with Nümédia (collectively the "Parties").
The Agreement outlines the intentions of both Parties and sets a two month time frame for the companies to finalize a formal agreement that would make Nümédia both a reseller and an end user of iSIGN's technology and hardware products.
The Agreement details how the Parties will integrate each other's products into their own offerings as well as each Parties' responsibilities with respect to the integration of the products into those offered by each company.
Nümédia manages and operates digital displays through its proprietary software for its clients, including various restaurant chains throughout the province of Quebec and extending into other parts of Canada. Nümédia's technology includes content management, Music and Assets Library, Dynamic Display Ad Server, motion sensors integration and facial recognition.
Nümédia's interest in iSIGN products include the use of Smart Antennas and Smart Players for integration into their existing hardware and to provide messaging to mobile devices while enhancing Nümédia's existing data with iSIGN's proximity messaging and mobile data and adding Point-of-Sale information.
Nümédia has also expressed an interest in the glassless 3D products offered by our partner Magnetic Media Holding Inc.
"We anticipate an early and successful conclusion to this Agreement," said Mr. Alex Romanov, iSIGN's Chief Executive Officer. "Integrating our products with those of Nümédia will provide clients of both our companies with a very wide range of exclusive and varied services while presenting both of our companies with a wider range of data sources and providing the ability to grow our respective revenues from a greater range of new channels."
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 shoppers' mobile devices and brands, offer preferences, store 'dwell' time and other shopper metrics without gathering personal information of any nature (called clean data) so that brands can deliver targeted messaging and personalized offers to consumers' mobile devices, in-location and in real-time. iSIGN delivers business intelligence and preferential and predictive insights into emerging consumer behaviors to help brands make better business decisions and measure their marketing efforts, while providing redemption feedback and synchronising with clients' Point-of-Sale system. Utilizing Bluetooth™ and Wi-Fi 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. The Company is headquartered in Richmond Hill, Ontario, with R&D and customer support operations in Vancouver, BC and Clearwater, Florida. Partners include: IBM, Keyser Retail Solutions, Baylor University, Verizon Wireless, TELUS and AOpen America Inc., with solution distribution by GraphicMedia, Inc. www.isignmedia.com.
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.
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