TORONTO, June 17, 2016 /CNW/ - 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 and their reseller We Build Apps ("WBA") are pleased to summarize several recently identified benefits that can be derived from iSIGN's patented technology and Smart Antenna hardware device.
WBA and iSIGN have, over the past five months been working closely with Crocker Park, a 78 acre complex that includes retail outlets, restaurants, residential apartments and office towers with approximately 18 million visitors per year, on the installation of iSIGN's Smart Antenna hardware in their complex. The originally discussed installation of 100 Smart Antennas expanded into an installation of approximately 500 Smart Antennas to fully cover their facility. As Crocker Park expands its facility with additional residential and commercial buildings, as is planned for this fall, additional units will be required.
This expansion came after Crocker Park and their insurance company, a leading North American insurance provider, recognized the security and safety features that our technology offers as a result of our ability to update messaging in real-time in the event of a disaster, something that alarms cannot do on their own. This security feature of iSIGN's technology is projected to result in a reduction of insurance premiums to Crocker Park of up to 25% once installation of iSIGN's Smart Antennas is underway.
WBA, with their extensive software and computer hardware experience and knowledge, in partnership with iSIGN, have created a solar powered Green Solution and battery back-up for the networked Smart Antennas for Crocker Park, in the event of a power failure. This additional feature can easily be retro-fitted to existing Smart Antenna units on-site.
This development qualifies for an investment tax credit program offered by the United States' federal government. This tax credit program is one of the mechanisms designed to encourage the deployment of solar energy projects and has recently been extended for an additional five year period. This should be of immediate interest to municipal transportation, amusement and entertainment locations and residential complexes.
Both WBA and iSIGN are confident that the enhanced Smart Antenna technology with its security and back-up features will reduce insurance premiums while providing other cost savings and providing investment tax credits to all other users of our technology and hardware, as it rolls out into a Smart City security solution.
Leasing of the Smart Antenna hardware through iSIGN leasing partner, Commercial Funding Group, headquartered in Richmond Hill, Ontario reduces large upfront capital investment and allows for easier to manage monthly payments, while providing iSIGN with its hardware and fee payment upfront. This option is currently available in North American and Australia.
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
About We Build Apps
We Build Apps, is a Cleveland based creative Software-as-a-Service ("SaaS") company that is a pioneer in gathering point-of-sale data and mobile shopper preferences to generate actionable data and reveal valuable consumer insights, serving global brands and cutting-edge. www.webuildappsllc.com
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.
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SOURCE iSIGN Media Corp
For further information: Company contacts: Alex Romanov, iSIGN Media, firstname.lastname@example.org; Rodney Colley, We Build Apps, email@example.com