TORONTO, Jan. 15, 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 closed the shares for debt transaction
("Transaction") that it had entered into as previously announced on
January 9, 2018.
The Company completed the Transaction by issuing 495,505 common
shares ("Shares") at a deemed price of $0.14 per share. The Shares issued are
subject to a four month hold period, ending May 16, 2018.
The total amount of indebtedness settled by this arrangement is
$69,371. The Company agreed to
satisfy this outstanding indebtedness with shares in order to
preserve its cash for operational purposes.
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.