TORONTO, ONTARIO--(Marketwire -02/13/12)- iSIGN Media Solutions Inc. ("iSIGN" or "Company") (TSX-V: ISD.V - News), a leading provider of interactive mobile advertising solutions that serves advertisers, manufacturers, retailers and advertising agencies throughout North America, announced today that it is revising the commencement date of its efforts to begin trading in the U.S from March 1, 2012 to February 15, 2012.
In December 2011, iSIGN announced an agreement with Ellenoff Grossman & Schole LLP to act as the company's agent in obtaining a listing on the OTCQX marketplace in the U.S. The move was planned to make it easier for U.S.-based investors to trade iSIGN stock and to diversify the company's shareholder base.
"We're excited about the current results of our metric measurements and the progress being made in building a second footprint with SelectCore Ltd., as well as the various tests that are nearing completion in the United States," said Alex Romanov, iSIGN's Chief Executive Officer. "With these positive results, we feel that it is to our advantage that we accelerated our plans for entry onto the OTCQX market."
"Our Tampa office will be fully staffed to continue driving the building of the US market," Romanov added. "The partnership with SSPR, our additional and highly regarded agency that has deep expertise in the technology and media space and experience as the agency of record for one of the largest daily coupon sites in the world, will support our efforts to grow our customer reach and increase U.S. trading levels."
iSIGN provides customizable, scalable technology that allows clients to deliver rich media messaging to handheld devices at no charge to the consumer. The company enables clients to receive technology-driven metrics in real time, bolstering ROI and delivering unparalleled agility in customer communications.
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.
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.
609 750 9110