iSIGN Media Solutions Inc. Announces New Proposed Private Placement of Units

iSIGN Media Solutions Inc. (TSX VENTURE:ISD) ("iSIGN" or the "Company")
announced today that it has entered into an agreement with Byron Securities Ltd.
as agent (the "Agent") to complete a best efforts private placement financing to
raise up to $2,000,000 (the "Brokered Offering"). Pursuant to the engagement
agreement with the Agent, the Brokered Offering will be comprised of up to
10,000,000 units ("Units") of the Company at a price of $0.20 per Unit, each
Unit comprised of one common share of the Company and one-half of one common
share purchase warrant ("Warrant"), with each whole Warrant exercisable into a
common share of the Company at an exercise price of $0.30 for a period of 24
months.


The closing of the Brokered Offering is expected to occur on or about October
22, 2010 and is subject to receipt of all necessary regulatory approvals
including that of the TSX Venture Exchange.


The Company has agreed to pay the Agent a cash commission of 10% of the gross
proceeds of the Brokered Offering and to issue broker warrants entitling the
Agent to purchase that number of Units equal to 10% of the number of Units sold
pursuant to the Offering. Such broker warrants will be exercisable at any time
until the 24 month anniversary of their issuance at a price of $0.20 per Unit.


The Company has also arranged for a non-brokered offering (the "NB Offering") of
up to 1,250,000 Units at an issue price of $0.20 per Unit, for gross proceeds of
up to $250,000. In connection with the NB Offering, the Company has agreed to
pay finders a cash commission of 10% of the gross proceeds arranged for by such
finders and finder warrants entitling such finders to purchase that number of
Units equal to 10% of the number of Units sold pursuant to the NB Offering. Such
finder warrants will be exercisable at any time until the 24 month anniversary
of their issuance at a price of $0.20 per Unit.


The closing of the NB Offering is expected within a week and is subject to
receipt of all necessary regulatory approvals including that of the TSX Venture
Exchange.


Proceeds of the Offering and the NB Offering will be used to fund general
working capital, including marketing, and research and development.


The Company has also cancelled its previously announced financing (dated July
21, 2010) and put option with easyAd Group AG (dated September 27, 2010). 


About iSIGN Media

iSIGN is a software developer of location-based interactive proximity solutions
that deliver rich media, permission based messages, free of charge to cell
phones using Bluetooth(R) connectivity. The Company's patent-pending advertising
platform combines the precision of direct marketing and the tracking potential
of the Web to deliver more cost effective and ROI-driven messages and
advertising. iSIGN is based in Markham, Ontario with R&D and customer support
operations in Vancouver, BC. iSIGN is publicly traded in Toronto (TSX.V) under
the symbol "ISD". Additional information about iSIGN Media can be found at
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,
including the matters discussed under "Risks and Uncertainties" in the Filing
Statement filed on October 9th, 2009 with the regulatory authorities. 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) 2010 iSIGN Media Solutions Inc. All Rights Reserved. All other trademarks
and trade names are the property of their respective owners.