TORONTO, Nov. 26, 2015 /CNW/ - 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.
About iSIGN Media
iSIGN Media, based in Toronto, is a data-focused, software-as-a-service (SaaS) company that is a pioneering leader in gathering point-of-sale data and mobile shopper preferences to generate actionable data and reveal valuable consumer insights. Creators of the Smart suite of products, a patented interactive proximity marketing technology, iSIGN enables brands to deliver targeted messaging, personalized offers and loyalty perks to consumers' mobile devices in proximity and with real-time proof of redemption. iSIGN's data gathering capabilities provide analytics on price points, typical purchases, in-store dwell time and other shopper metrics that identify emerging consumer behaviors. These insights enable smarter business decisions and provide increased ROI metrics for more transparent marketing. iSIGN delivers relevant, timely messages on an opt-in basis at no charge to consumers, transmitting rich media to consumer mobile devices via Bluetooth® and WiFi connectivity in complete privacy as opposed to iBeacons, apps, downloads and required surrendering of personal information. Proven to increase brand engagement and customer loyalty, iSIGN generates preference-based, predictive "clean data" without compromising consumer privacy. Partners include: IBM, Keyser Retail Solutions, Baylor University, Verizon Wireless, TELUS and AOpen America Inc. www.isignmedia.com
© 2015 iSIGN Media Solutions Inc. All Rights Reserved. All other trademarks and trade names are the property of their respective owners.
Forward-Looking Statements
This news release may include certain forward-looking statements that are based upon current expectations, which involve risks and uncertainties associated with iSIGN Media's business and the environment in which the business operates. Any statements contained herein that are not statements of historical facts may be deemed to be forward-looking, including those identified by the expressions "anticipate", "believe", "plan", "estimate", "expect", "intend" and similar expressions to the extent they relate to the Company or its management. The forward-looking statements are not historical facts, but reflect iSIGN Media's current expectations regarding future results or events. These forward-looking statements are subject to a number of risks and uncertainties that could cause actual results or events to differ materially from current expectations. iSIGN Media assumes no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those reflected in the forward-looking statements.
Neither the TSX Venture Exchange nor Its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility or accuracy of this release.
SOURCE iSIGN Media Corp
Image with caption: "iSIGN's Smart Player featuring Chameleon Software (CNW Group/iSIGN Media Corp)". Image available at: http://photos.newswire.ca/images/download/20151126_C4075_PHOTO_EN_553972.jpg
Media contact: Emily Storz, SSPR, 267-758-2642 (direct), 609-351-3592 (mobile), [email protected]; Investor contacts: Alex Romanov, iSIGN Media, [email protected]
Share this article