TORONTO, Jan. 9, 2018 /CNW/ - iSIGN Media Solutions Inc.
("iSIGN" or "Company") (TSX-V: ISD) (OTC: ISDSF), a leading
provider of interactive mobile advertising solutions that serves
brands, commercial locations, retailers and service providers
throughout North America, today
announced it has entered into a shares for debt arrangement, in
which the Company has agreed to issue 495,505 common shares at a
deemed price of $0.14 per share in
settlement of a debt of $69,371.
Satisfying this outstanding indebtedness with shares was
undertaken in order to preserve the Company's cash for operational
purposes.
This arrangement is subject to the approval of the TSX Venture
Exchange ("Exchange"). The Company will issue these shares,
which are subject to a four month hold period, once approval has
been received from the Exchange.
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 Wi-Fi connectivity in complete privacy as
opposed to iBeacons, apps, downloads and 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
© 2018 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.
SOURCE iSIGN Media Solutions Inc.