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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

Post by Widwillyon Mar 31, 2022 12:17pm
129 Views
Post# 34563343

Posted today on our new website

Posted today on our new website

Subject to the final approval of the TSX-Venture, we have acquired the exclusive worldwide licensing for the Passive Historical Contact tracing (“PHACT”) technology. This is the technology that is presently operating in the Prince George airport, under contract with Public Works and Government Services Canada.

We will be immediately proceeding with the further acquisition of the Virtual Intelligent In-Home Health Care (“ViiHC”) and open-source code forks IP that are described on our press release.

While our original intent was to acquire all technologies at the same time, this would have involved a more complicated and time consuming route to final approval. Fracturing the acquiring of the licensing will result in a speedier approval for the overall acquisition. It should also be noted that the delay in acquiring the licensing for the ViiHC IP doesn’t affect our immediate revenue forecasts, as revenue from that source was not immediately anticipated.

Thank you all for your patience

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