RE:apparently 4 deals in the worksCould some or all of the 4 deals be by RMT who is also referenced in this April 28th, 2016 Press Release ?
What happened there ?
iSIGN's Reseller/Licensee Rich Multimedia Technologies Provides an Update
TORONTO, April 28, 2016 /PRNewswire/ - iSIGN Media Solutions Inc. ("iSIGN" or "Company") (TSX-V: ISD) (OTC: ISDSF), a leading provider of interactive mobile proximity advertising solutions is pleased to provide an update from its reseller/licensee Rich Multimedia Technologies Inc. ("RMT") on the initial deployment into Mexico City, Smart Cities and the results from the ARN Revenue Conference & Exhibition ("ARN Conference").
RMT's manufacturer is well underway with the integration of iSIGN's Smart Antenna into the 5,000 Tele-Digital Store Front Kiosks ("Kiosks") for the Mexico marketplace. RMT and its partners in Mexico have, in conjunction with the various Mexican government departments that they are working with, have identified all locations where the Kiosks are to be installed.
Still to be determined, is the order in which each of the respective government departments/offices will be installed.
The first shipment of 1,000 integrated Kiosks will commence once payment to RMT has been made by the various Mexican government departments were the units are to be installed. It is expected that payment will be received in the near future.
RMT, in conjunction with iSIGN as well as the rest of their various partners are proceeding with the plans for Smart City/Smart Airport rollout. It has been determined that the rollouts will commence with installations into international airports located in the United States. This tactic was taken as it is considered that airports are the gateway to each city.
RMT considers that the ARN Conference, held March 6 to 9, 2016, was highly successful. Various airport representatives expressed great interest in their Kiosks integrated with our technology and hardware. Based on the expressed interest, RMT has 25 international airports in the United States that it is in the process of scheduling meetings with to discuss installation of its integrated Kiosks. Potentially, these 25 airports would be part of the Smart Cities/Smart Airports project.
ld this be the same RMT that is referred to in this press release ? What happenned there ?