iSIGN Announces Receipt of an Executed & Signed Offer for a Partner Network Agreement with Speech & Software Technologies, an...
04 Décembre 2013 - 6:37PM
Marketwired
iSIGN Announces Receipt of an Executed and Signed Offer for a
Partner Network Agreement with Speech and Software Technologies, an
Indian Company
TORONTO, ONTARIO--(Marketwired - Dec 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 it
has received an executed and signed offer for a Partner Network
Agreement ("Agreement") from Speech and Software Technologies (1)
Pvt. Ltd. ("S and S").
S and S, who recently purchased 2.5 million insights from
iSIGN's clean data inventory, decided to expand upon and leverage
their data purchase, by growing their relationship to include all
of iSIGN's products and services. Under the terms of this
agreement, S and S would become the Company's exclusive Distributor
and Reseller in India, Sri Lanka, Bangladesh, Pakistan, Myanmar and
other Southeast Asian developing countries, authorized to market
and sell iSIGN's products and services to both end users and
sub-distributors. They will also have the ability to resell and
distribute product within the United States, in tandem with
GraphicMedia, Inc. our exclusive master distributor in the
Americas.
"We consider this agreement to be an important step forward for
us," said Mr. Alex Romanov, Chief Executive Officer, iSIGN Media
Corp. "Not only does this give us presence in one of the largest
and fastest growing markets in the world, but we have managed to do
so with a world-class organization that understands technology and
has a sizeable client base that we will have immediate access
to."
"During the many conversations between our companies, S and S
gained a tremendous understanding of our products and technology
and saw the wisdom of expanding their initial desire from strictly
data to acquiring the full range of our product line - our
antennas, data analytics, etc.," added Mr. Romanov.
About iSIGN Media
Since 2007, iSIGN has been developing multiplatform advertising
and marketing solutions for brands to better attract, engage and
retain customers through their mobile devices. The data and SaaS
(software as a service) company collects and analyzes shopper
preferences so that brands can deliver targeted messaging and
personalized offers to consumers' mobile devices, in-location and
in real-time. The company's interactive proximity-marketing
technology is capable of gathering average price points, typical
purchases, in-store dwell times and other shopper metrics to
deliver business intelligence and insights into emerging consumer
behaviors that can help brands make better business decisions and
measure their marketing efforts. Utilizing Bluetooth™, mobile,
Wi-Fi, and location-aware technologies to deliver relevant and
timely messaging to any screen or mobile device, iSIGN delivers
rich media, permission-based messages free to consumers that can
drive immediate brand engagement, increased customer loyalty and
deliver higher ROI on marketing dollars spent. 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 Wireless, TELUS and AOpen America Inc., with solution
distribution by GraphicMedia, Inc. and BlueStar Inc.
www.isignmedia.com
About Speech and Software Technologies
Speech and Software Technologies (1) Pvt. Ltd. and its wholly
owned subsidiary SST Software International Pvt. Ltd. have been
developing solutions for the hospitality industry for a decade.
More recently, the product portfolio has been extended to the
health care industry as well. Today SST is one of the leading
product-engineering global IT service providers, providing
value-added services to large and medium-scale organizations. SST
has carved a niche in developing products and value-added solutions
for the Hospitality and Healthcare industries in the area of
interactive TV and IPTV solutions, Implementation of Passive
Optical Networking Solutions, service delivery management systems
and Online reservations systems. SST has developed several
applications that integrate with popular Central Reservation
Systems and Property Management Systems and has customized these
systems for hospitals and integrated with Hospital Information
Systems as well. SST's products and services are built around an
inherent capability to understand the customer requirements in
hospitality and health care and building solutions to address those
requirements. SST's products, solutions and services specifically
address areas such as easy access to information, entertainment and
improve service delivery. www.ssthospitality.com
Forward-Looking Statements
This news release may include 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.
© 2013 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.
Investor contacts:Trevor BrucatoRB Milestone
Group212.661.7771tbrucato@rbmilestone.comAlex RomanoviSIGN
Mediaalex@isignmedia.com
Isign Media Solutions (CE) (USOTC:ISDSF)
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