TORONTO, ONTARIO--(Marketwire - May 15, 2012) - iSIGN Media Solutions Inc. ("iSIGN" or "Company") (TSX VENTURE:ISD), a leading provider of interactive mobile advertising solutions that serves advertisers, manufacturers, retailers and advertising agencies throughout North America is pleased to provide a corporate up-date.
In preparation of iSIGN's full rollout of its mobile broadcasting, the Company is presently in the process of visiting the approximately 550 Couche-Tard stores in the province of Quebec. Our field technicians will be visiting all stores within the next three weeks to ensure that each outlet within this region are fully up-to-date in terms of their maintenance schedule.
iSIGN is currently in negotiations with Moneris Services Corporation, a division of Moneris Solutions, to take over the maintenance of the Couche-Tard stores in Quebec once the Company has completed its current blitz of the Quebec market. Moneris Solutions currently handles the maintenance for Couche-Tard's point-of-sale equipment. The Company expects that by transferring the maintenance requirement for the Quebec region, our field technicians will be able to concentrate entirely on the Ontario and Western Canada regions.
The Company is in the process of upgrading its audio system throughout the Mac's/Couche-Tard chain with new hardware components and an extended music content. The expectation is that these upgrades will enable the Company to improve upon the audit revenue levels that it currently enjoys.
iSIGN is presently discussing its needs for music contents with Mood Media Corporation, with a view to utilizing them as a music content supplier.
iSIGN is moving forward with its acquisition of an OTCQX listing in the United States and is currently forwarding material that is required for review in its listing process, which includes having a company in place to act as the Company's market-maker and being published in a securities manual.
The LOI with Carroll Advertising, Inc. is progressing smoothly and the Company expects to announce a successful conclusion shortly.
The Company is currently in the process of negotiating a second licensing LOI with a media company in Australia and expects to have details available for release within the near future.
The Company expects to take delivery of the initial portion of its total build of 1,000 Smart Antennas within the next two weeks, with the remaining balance being delivered by mid June.
iSIGN is pleased to announce that it has hired an account manager for its Florida office, effective May 22, 2012. He is an experienced sales rep, whose past employment history, including IBM and the Home Shopping Network, will serve him well in his new position.
iSIGN is pleased to announce that the City of Calgary has, extended its contract with the Company for an additional year. The extended contract now runs until May 27, 2013.
The Company is in the process of expanding its local and regional sales efforts to grow the small business advertising on both the City of Calgary and Mac's digital signage network beyond the national brand accounts that have been recently advertising on the digital signage network, such as Rogers Wireless, OLG, Toyota and Nestle.
iSIGN is currently in negotiations for a new office to house its Ontario operations. This move will enable the Company to combine its two separate offices into a single facility housing operations, sales, administrative and head office functions. The increased space will allow for the additional employees required to handle iSIGN's growth as well as provide a more consistent level of service to be delivered by the Company.
The Company has completed the process of renaming Pinpoint Media Group Inc. to iSIGN Media Network Inc.
About iSIGN Media
iSIGN Media is a North American 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 1,400 locations. Partners include: AOpen America Inc. and IBM, with solution distribution by BlueStar Inc. iSIGN is publicly traded in Toronto (TSX.V). Additional information can be found at www.isignmedia.com.
This news release includes 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.