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

iSIGN Media Solutions Inc.

September 12, 2013 10:58 ET

iSIGN Provides an Up-Date to the Delay in Releasing Its Annual Financial Statements

TORONTO, ONTARIO--(Marketwired - Sept. 12, 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, wishes to expand upon its last two releases concerning the delay in issuing their annual financial statements.

First, the Company is pleased to announce that when the financials are released, they will show a year over year increase of approximately 255%.

As stated in both previous releases, the delay in reporting financials is a result of having to consider the impact of events that arose subsequent to the Company's April 30 year-end date as required by the accounting standards, that guide iSIGN and all other public entities.

The major impact of these subsequent events is upon the valuation of both its Mac's Network assets and 'Big Data' inventory. The International Financial Reporting Standards ("IFRS") under which the Company operates, has stringent guidelines regarding the valuation of assets and the Company is working to arrive at an acceptable basis for the valuation of these assets.

Any alteration in the valuation of the Mac's Network and its 'Big Data' inventory would affect the Company's annual financial statements and related note disclosures.

In addition, the Company is working on note disclosures concerning the private placement not yet closed by the TSX.

"We regret the delay in releasing our financials and will be tightening up our internal processes to avoid this situation in the future," stated Mr. Alex Romanov, iSIGN's Chief Executive Officer.

The Company expects to release its financials within the coming days.

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. 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.

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