ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for discussion Register to chat with like-minded investors on our interactive forums.

ISD iSign Media Solutions Inc

0.01
0.00 (0.00%)
16 Jul 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
iSign Media Solutions Inc TSXV:ISD TSX Venture Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.01 0.01 0.01 0 01:00:00

iSIGN Announces the Signing of the Contract for the Exclusive Advertising Rights for its Signage and Mobile Network at Mac's

04/07/2013 11:30am

Access Wire


Toronto, Ontario - July 4, 2013 - iSIGN Media Solutions Inc. ("iSIGN" or "Company") (TSX-V: 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 the contract granting exclusive advertising rights for the signage and mobile network located in the Mac's Convenience Stores ("Mac's") across Canada has been signed with iTrix Media ("iTrix").

The contract commences as of July 1, 2013 and mirrors the length of iSIGN's contract with Mac's with an option for a five year renewal. iSIGN will receive payments of $1,460,000 annually and has received its initial payment of $250,000. iSIGN will also receive a commission of no less than 5% on the gross advertising sales generated by iTrix throughout the term of this agreement.

iTrix is a Montreal based company that is heavily involved in selling advertising on out-of-home advertising, centering mainly on the Montreal area, but also including Skiron Media, a Canada wide signage network located at ski resorts across Canada. Adding iSIGN's network of approximately 6,000 digital screens and 1,400 antennas in the approximately 1,400 Mac's stores located across Canada significantly expands their existing footprint and increases their ability to grow their advertising revenue.

iTrix' management and backers consist of Ray Jelassi, President, Chief Executive Officer and Founder and other well-known and respected advertising and media executives.

iTrix will be working closely with iSIGN's existing resellers to maximize the revenues of the network.

"We are very pleased that an organization with an exceptionally strong advertising background is now responsible for the sales management of our network," stated Mr. Alex Romanov, iSIGN's Chief Executive Officer. "iTrix' management is strongly committed to significantly increasing the advertising on our network and in bringing in new advertisers."

"The funds generated by this contract provides us with a significant annual revenue that will significantly help us achieve eventual profitability," added Mr. Romanov. "We look forward to working together with iTrix and will provide them with whatever help that we can to help them achieve their goal of $2.1 million in the first year of their contract."

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 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.

(C) 2012 iSIGN Media Solutions Inc. All Rights Reserved. All other trademarks and trade names are the property of their respective owners.

Press contact:

Alex Romanov

iSIGN Media

alex@isignmedia.com

Vanessa Harwell Belinda Rooney

ThinkInk Communications LLP SSPR

305 749 5342, extension 232 609 750 9110

vanessa@thinkinkpr.com brooney@sspr.com

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.

1 Year iSign Media Solutions Chart

1 Year iSign Media Solutions Chart

1 Month iSign Media Solutions Chart

1 Month iSign Media Solutions Chart

Your Recent History

Delayed Upgrade Clock