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

iSIGN Media Solutions Inc.

July 31, 2015 09:34 ET

iSIGN Media Announces Share for Debt Transaction

TORONTO, ONTARIO--(Marketwired - July 31, 2015) - iSIGN Media Solutions Inc. ("iSIGN" or "Company") (TSX VENTURE:ISD)(OTCQX:ISDSF), a leading provider of interactive mobile advertising solutions that serves brands, commercial locations, retailers and service providers throughout North America today announced it has entered into debt settlement arrangements with its directors and management, in which the Company has agreed to issue an aggregate of 3,260,221 common shares at a deemed price of $0.135 per share.

The total amount of indebtedness settled by these arrangements is $440,130 owed for management and directors fees to the Company's directors and executives. The Company decides to satisfy this outstanding indebtedness with shares in order to preserve its cash for operational purposes.

The willingness of the Board and the Company's executive management to further invest in iSign demonstrates their faith in the short and long term success of the Company.

This arrangement is subject to the approval of the TSX Venture Exchange ("Exchange"). The Company will issue these shares, which are subject to a four month hold period, once approval has been received from the Exchange.

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.

© 2015 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.

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