V.ISD 30% of AOpen Total Sales (30k units/mos)V.ISD is partnered with AOpen America Inc. Content below is a case study written by AOpen America inc. (Subsidary of Acer) and a link to May 2010 PR annoucing the OEM Partnership and projection. This is now relevant as iSIGN begins their rapid growth commercialization stage.
Summary = immed. revenue potential for;
30% penetration into AOpen's 30,000 unit sales per month @ $175 / lic.
OEM Partnership Provides iSIGN Media With New Growth Channel in Digital Signage Marketplace
https://www.isignmedia.com/media/pdf/OEM_Agreement_AOpen_May_12_2010_Final.pdf
AOpen America Inc. ("AOpen"), the world's leading ultra small-form-factor computer system manufacturer and digital signage solution provider has entered into an OEM licensing agreement with iSIGN Media Solutions Inc. ("iSIGN") (TSX VENTURE:ISD) to embed iSIGN's patent-pending Bluetooth® interactive software technology into AOpen's digital media players. The move has led to the creation of the world's first multi-function media player, capable of providing content management, Bluetooth® message broadcasting and data logging of consumer responses into a single unit. Fundamentally, consumers are able to interact with iSIGN-enhanced digital signs by using their mobile handsets. The new multi-function models will provide the digital signage industry with both cost savings, added smarts and convenience never before available. 18
"We are pleased to be working with iSIGN Media to introduce a world's first in digital signage technology," said Dale Tsai, President of AOpen America. "iSIGN Media provides us with much needed business intelligence functionality to help our customers achieve new cost benefits while taking advantage of the latest in digital signage innovation." The exclusive agreement will enable AOpen to develop additional multifunction media players and digital engines available to all markets worldwide including retail, municipal and public applications.
AOpen will be promoting the new exclusive MP45DU, DE45HG and DE7000 models to existing and new customers to enable each to now collect consumer responses from mobile devices with a choice of three data logging dashboards. Existing AOpen units currently in use will also be able to be enhanced with an iSIGN licensed online solution to provide business intelligence for a low monthly fee with full support from both companies.
Both firms will launch the new units in North and South America and expect to realize increased unit sales with
up to 30% penetration in the current sales of 30,000 units per month sold worldwide by AOpen. Selected AOpen distributors have been made aware of the new multi-function media players and their response has been extremely positive and enthusiastic.
The companies are planning an industry-wide push to introduce the multi-function media players to targeted customers in the following four channels: general retail; food and drug; fast food and cinema; and, convenience stores. Launch promotions have been confirmed at various up-coming trade events.
"The signing of this OEM agreement is a major step forward for iSIGN and is the first of many anticipated licensing agreements," says Alex Romanov, Chief Executive Officer at iSIGN Media. "We are looking forward to working closely with AOpen and to help them grow their leadership position in the digital media marketplace."