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iSIGN Media Solutions Inc V.ISD.H

Alternate Symbol(s):  ISDSF

iSIGN Media Solutions Inc. is a Canada-based infrastructure-focused, software-as-a-service (SaaS) company. The Company is engaged in providing proximity-centric location services. It specializes in the areas of location-based security alert messaging and proximity marketing utilizing Bluetooth and Wi-Fi connectivity in complete privacy. Its licensed Passive Historical Aggregate Contact Tracing (PHACT) technology, an intelligent smart space analytics platform utilizes publicly available anonymous interactions between mobile devices to determine occupancy levels and movements of individuals. The PHACT technology is housed in hardware units called Hybrid Analytics Location Observation (HALO) a software platform and listening device that provides a suite of functions specifically designed to maximize safety and security within a managed environment, such as a school, hospital, sopping plaza or concert venue; and Hybrid Analytics Location Observation with object recognition (HALOfx).


TSXV:ISD.H - Post by User

Bullboard Posts
Post by bossmanon Sep 03, 2016 12:10pm
68 Views
Post# 25205594

Isign and Crocker Park priority post.

Isign and Crocker Park priority post.Crocker Park's August 26, 2016 Press Release September 2, 2016 For those wondering why we did not name Crocker Park and Stark Enterprises in our August 26, 2016 press release, Crocker Park requested that we not use their names as they are planning for a major press/media event once the installation at their site is complete. We were pleased to hear about their plans as Crocker Park and Stark Enterprises are sizable US firms and have the ability to attract sizable interest and generate large scale promotion of and attention to the network, all of which will greatly benefit iSIGN. However, in recognition of the partnership that exists between Crocker Park, Stark Enterprises, iSIGN and We Build Apps, late yesterday they agreed that we can put the original release that was forwarded to all parties for their approval, on priority post : iSIGN Media Announces Signed Contract Between We Build Apps and Crocker Park Contract covers installation of 500 Smart Antennas into first Shopping Complex; Minimum Revenue to iSIGN of $2.7 million Canadian Toronto, Ontario August 26, 2016 - 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 is pleased to announce the signing of a contract between their reseller We Build Apps, LLC (WBA), and Crocker Park (Crocker) for 500 Smart Antennas on August 19, 2016 The Smart Antennas are being provisioned and prepared for shipment and the ancillary cables and power injectors have been ordered. Shipment to WBA is expected to be completed within fifteen (15) days. iSIGN revenues generated by 500 unit order consist immediately of two parts (i) the sale of the hardware and (ii) the monthly fees charged for broadcasting and data management. The sale of the Smart Antennas and ancillary items will generate immediate revenues of approximately $390,000 Cdn, while the broadcasting and data management fees will generate monthly revenues of approximately $65,000 Cdn from date of installation for three (3) years, based on current exchange rates. Revenue to iSIGN from this installation of 500 Smart Antennas is approximately $2,700,000 Cdn. The companies who will be handling the electrical and Smart Antenna installations are in place with multiple crews available to ensure that installations are handled expeditiously. WBAs anticipated date for completion of installation into Crocker is sometime in October, 2016. We are very pleased to bring Crocker onboard with iSIGN, said Mr. Rodney Colley, Chief Executive Officer of WBA. Our dealings with Crocker were originally for the use of iSIGNs technology for advertising purposes on 100 Smart Antennas. Once it was realized that iSIGNs technology and Smart Antennas could deliver messaging in cases of emergencies, Crockers insurance company designated iSIGNs technology and hardware as a security and safety device, resulting in a reduction in Crockers annual insurance premiums. This designation lengthened the overall approval process by adding additional levels of review to the process. It is worth noting that as Crocker expands its complex, additional Smart Antennas will be required to ensure full broadcasting coverage of the complex and continued saving on their insurance premiums. However, while the involvement of Crockers insurance company extended the delivery time for a signed contract, it also resulted in a larger order, added Mr. Colley. We have gained very valuable experience from this entire process that we will be able to use with other prospective clients. We believe this will reduce the time frame for closing future sales of iSIGNs technology and hardware. Crocker Park, one of 16 properties managed by Stark Enterprises, is an approximately 78 acre complex that includes retail outlets, restaurants, outdoor concert venues, residential apartments and office buildings, with an annual visitor count of approximately 18 million people. Our next step will be presentations to Starks other properties, added Mr. Colley. With the insurance premium savings from iSIGNs system having been deemed a security and safety system, our expectation is that we will be installing into all of their properties.
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