iSIGN Announces a New Board of Directors
19 Décembre 2013 - 12:30PM
Marketwired
iSIGN Announces a New Board of Directors
TORONTO, ONTARIO--(Marketwired - Dec 19, 2013) - iSIGN Media
Solutions Inc. ("iSIGN" or "Company") (TSX-VENTURE: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 the appointment of a new Board of Directors at the
Company's Annual & Special Meeting of Shareholders on December
16, 2013.
iSIGN's shareholders voted into office the directors whose names
were put forward in the Company's Information Circular.
iSIGN's Board now consist of the following individuals:
Alex Romanov
Mr. Romanov is an accomplished business executive with a history
of identifying opportunities and turning them into high growth and
profitable enterprises. Alex has diverse experience in a variety of
industries such as consumer electronics, communication, digital
imaging, video gaming, and e-commerce. Alex was the CEO and
President of Alpine Electronics in Canada for 17 years, building
the company to over $50 million in revenue with over 50% of the
Canadian market share by 1995. After Alpine, Alex became founder
and CEO and major shareholder of Royal Oak Marketing and was
responsible for over 100 employees and $120 million in revenue.
Royal Oak Marketing was sold for $29 million to an American
concern. Alex then co-founded Spherex Inc., which developed and
marketed an Xbox gaming audio system. Spherex was then sold to
another US concern in 2005. Alex has been iSIGN's Chief Executive
Officer since November 2007 and has successfully restructured the
company, positioning it for rapid growth worldwide.
Prakash Shukla
Mr. Shukla has over 25 years of experience in general management
and has a strong background in building and managing multi-faceted
businesses. Prakash was a Senior VP and Chief Information Officer
for the Taj Group of Hotels (TATA Enterprise) for 13 years, where
he served as part of the senior management team and was strongly
involved with business strategy. In 2013 Prakash became a partner
in Hand on Ventures LLC. Prakash has served as a Board Member on
several companies, including Mango Tree, Travelguru, Transerv and
AUM Systems. Prakash has a BS in Electrical Engineering from
Rutgers University School of Engineering in 1985; an MS in Computer
Science from NYU Polytechnic in 1989 and is a graduate of Harvard
Business School's Advanced Management Program in 2004 and is a 2013
Advanced Leadership Fellow of Harvard University.
Dave Rodgerson
Mr. Rodgerson is a retail industry expert with more than 25
years experience working with leading Canadian Retailers in sales,
marketing, operations and strategic planning roles. Dave has been a
senior executive at IBM, focused on the retail industry, where he
has been actively involved with the National Retail Federation, the
Retail Council of Canada and the Conseil Quebecois du Commerce de
Detail. Dave has been a member of the faculty of Meritus
University, where he taught Marketing in their School of Business.
Dave is also on the board of the University of Alberta School of
Retail and works closely with the Ryerson School of Retail
Business. Dave holds an MBA from Queen's University.
Asad Sultan
Mr. Sultan is a veteran investment banker who started his career
with Citibank in New York, Tokyo and London and Daiwa Bank and ITG
Securities in Hong Kong, where he served as Chief Executive
Officer. Asad played a pivotal role in establishing Macquarie
Bank's successful Asian investment banking franchise as Head of
Regional Equities. Until 2008, Asad was Country Head and Managing
Director of Cantor Fitzgerald in India. In 2009, Asad co-founded
Red Solar, a Malaysian government linked solar PV cell and panel
manufacturing company. Currently, Asad is a Managing Partner of
Tantrik Group, a media and entertainment firm based in Los Angeles.
Asad holds an MBA from Fordham University in New York City and
earned his undergraduate in finance from John Carroll University in
Cleveland, Ohio.
Bruce Reilly
Mr. Reilly is a graduate of the University of Toronto with a
Bachelor of Commerce degree, is a Chartered Accountant (1985), and
an Arthur Anderson & Co. ("AA & Co") alumnus (1986). For
over the past twenty years, Bruce has successfully developed and
managed a chartered accounting firm operating in the Greater
Toronto Area. During that time, he has acquired a broad range of
experience with a primary focus on public companies. In addition,
Bruce is the Chief Financial Officer and Director of Platinex Inc.
and is the past Chief Financial Officer and past Board Chair of
Partner Jet Corp.; these two companies are listed on the TSX-V.
"I would like to take this opportunity to publicly thank the old
board for its services over the past years," said Mr. Alex Romanov,
iSIGN's Chief Executive Officer. "I would also like to welcome the
new board to iSIGN. I look forward to working closely with them as
we drive the Company forward."
In addition, at a Board of Directors meeting that was held
immediately after the Annual Meeting, the Board elected to replace
Simon Meredith as Chief Financial Officer. Bruce Reilly will take
over that position effective immediately.
iSIGN also announces that on December 16, 2013, it granted an
aggregate of 2.5 million stock options to the new board, at an
exercise price of $0.20 per share. These options have a term of
five years and have vesting restrictions. This grant is subject to
regulatory approval.
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
© 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:iSIGN MediaAlex
Romanovalex@isignmedia.comwww.isignmedia.com
Isign Media Solutions (CE) (USOTC:ISDSF)
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