TORONTO, April 28, 2016 /PRNewswire/ - iSIGN Media Solutions Inc. ("iSIGN" or "Company") (TSX-V: ISD) (OTC: ISDSF), a leading provider of interactive mobile proximity advertising solutions is pleased to provide an update from its reseller/licensee Rich Multimedia Technologies Inc. ("RMT") on the initial deployment into Mexico City, Smart Cities and the results from the ARN Revenue Conference & Exhibition ("ARN Conference").
RMT's manufacturer is well underway with the integration of iSIGN's Smart Antenna into the 5,000 Tele-Digital Store Front Kiosks ("Kiosks") for the Mexico marketplace. RMT and its partners in Mexico have, in conjunction with the various Mexican government departments that they are working with, have identified all locations where the Kiosks are to be installed.
Still to be determined, is the order in which each of the respective government departments/offices will be installed.
The first shipment of 1,000 integrated Kiosks will commence once payment to RMT has been made by the various Mexican government departments were the units are to be installed. It is expected that payment will be received in the near future.
RMT, in conjunction with iSIGN as well as the rest of their various partners are proceeding with the plans for Smart City/Smart Airport rollout. It has been determined that the rollouts will commence with installations into international airports located in the United States. This tactic was taken as it is considered that airports are the gateway to each city.
RMT considers that the ARN Conference, held March 6 to 9, 2016, was highly successful. Various airport representatives expressed great interest in their Kiosks integrated with our technology and hardware. Based on the expressed interest, RMT has 25 international airports in the United States that it is in the process of scheduling meetings with to discuss installation of its integrated Kiosks. Potentially, these 25 airports would be part of the Smart Cities/Smart Airports project.
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 the 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. www.isignmedia.com
About Rich Multimedia Technologies
Rich Multimedia and its executive team has a 25 year plus proven track record in the telecommunications; advertising; in-airport media and retail travel business. With our partners we represent the leading international brands' and In-airport retail concessionaires. We are committed to working in close partnerships with brands, airport operators and suppliers to bring the mobile traveller on-the-go an unrivalled shopping choice and experience. We are relentless in our search for new concepts that will help develop existing and new markets. www.richmediatechnologies.com
© 2016 iSIGN Media Solutions Inc. All Rights Reserved. All other trademarks and trade names are the property of their respective owners.
This press release contains forward-looking statements. More particularly, this press release contains statements which include the timing of closing the offering, the anticipated use of proceeds and the receipt of the required approvals. The forward-looking statements are based on certain expectations and assumptions made by the Company. Although the Company believes that those expectations and assumptions are reasonable, undue reliance should not be placed on the forward-looking statements because the Company can give no assurance that they will prove to be correct. Since forward-looking statements address future events and conditions, by their very nature they involve inherent risks and uncertainties. Actual results could differ materially from those anticipated due to a number of factors and risks. In addition to other risks, the closing of the offering could be delayed if the Company is not able to obtain necessary approvals when planned and the offering will not be completed at all if approvals are not obtained or some other condition to the closing is not satisfied. Accordingly, there is a risk that the offering will not be completed within the anticipated time or at all. The intended use of the net proceeds of the offering by the Company might change if the Company determines that it would be in the best interests of the Company to use the proceeds for some other purpose. The forward-looking statements contained in this press release are made as of the date hereof. The Company disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise, except as required under applicable securities laws.
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 for the adequacy or accuracy of this release.
SOURCE iSIGN Media Corp