iSIGN Media Solutions Inc V.ISD.H

News after closing bell yesterday

[MartinG]

Here is a repost, we should move higher today based on this.

iSIGN Media and JEA Technologies Announce First Chameleon Licensing Revenue

Toronto, Ontario – November 26, 2015 - iSIGN Media Solutions Inc. (“iSIGN” or “Company”) (TSX- V: ISD) (OTC Pink: ISDSF), a leading provider of interactive mobile proximity advertising solutions, today announced that their Australian reseller, JEA Technologies Pty Ltd. (“JEA”) has secured its first major customer for the Chameleon software that manages content on digital signage.

The signage installation has commenced into an auto parts chain of 70 stores. Based on the 7 signs installed into the first location, 490 Chameleon licenses will be required to complete this network installation. Installation commenced on a store by store basis in early November, with completion projected to take place over the next several months.

iSIGN has commenced invoicing of $125 US per license as store installations are completed. This first Chameleon licensing agreement will yield $61,250 US per year. JEA expects this agreement to lead into additional installations into hundreds of related stores in the coming months.

The Chameleon software was initially developed for iSIGN’s Smart Player, which had been created for the quick service restaurant (“QSR”) channel in North America. Plans are now to reintroduce both the Smart Player and the Chameleon content management software to the North American QSR channel.

iSIGN’s Smart Player is a commercial quality, all-weather, all-purpose digital signage and proximity marketing engine. It contains both the Chameleon content management software and the Smart Antenna Bluetooth and Wi-Fi Proximity Marketing transmitter, with Verizon wireless built-in. As the ideal component for drive-through kiosks, the Smart Player delivers dual screen output to video displays, while communicating to the customers’ smartphones.