TORONTO, Aug. 30, 2018 /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 today announced it has entered into a shares for debt arrangement with a supplier ("the Party"), in which the Company has agreed to issue 1,527,435 common shares at a deemed price of $0.08 per share in settlement of debts totaling $122,195.
This arrangement is subject to the approval of the TSX Venture Exchange ("Exchange"). The Company will issue these shares, which are subject to a four-month hold period, once approval has been received from the Exchange.
The Party, Conservaco, LLC ("Conservaco"), is a digital marketing agency providing a full complement of services including, public relations, branding, video production, YouTube video programming, website development, SEO, graphics design, social media creation to clients globally.
Conservaco is also a strategic partner with Rich Multimedia Technologies (RMT) managing and further developing the RMT media network through multiple U.S. and international airports. These airports serve millions of passengers each year. Additionally, Conservaco has extensive client relations who represent outstanding opportunities to significantly grow the iSIGN Digital Media and communications customer base throughout the U.S. and internationally.
Mark F. Thimmig, Chairman and CEO of Conservaco, stated, "the iSIGN solution backed by its leading-edge patented technology is the right solution for our current times. There is a growing demand in the US and internationally for personal safety in our schools, businesses, hotels, and places of worship. We believe iSIGN can effectively and affordably address these needs along with the commercial marketing benefits that it can also provide."
ISIGN is a mobile digital multi-media proximity and communications device. It is also a safety and Security Alert Messaging system, ("SAM") which is a one-of-a-kind global solution that integrates with iSIGN's Smart Antennas as well as with digital signage networks, enabling both commercial and public safety and security messaging. It is available as a SaaS installation or a convenient downloadable mobile app.
About iSIGN Media
iSIGN, a Canadian company based in Toronto, Ontario is a data-focused, software-as-a-service (SaaS) company that is a pioneering leader in the areas of location-based security alert messaging and proximity marketing utilizing Bluetooth® and Wi-Fi connectivity in complete privacy. Creators of the Smart suite of products, a patented interactive proximity marketing technology, iSIGN enables the delivery of messages to mobile devices in proximity, with real-time reporting and analytics on a variety of metrics. Partners include: IBM, Keyser Retail Solutions, Baylor University, Verizon Wireless, TELUS and AOpen America Inc. www.isignmedia.com
About Conservaco LLC
Conservaco, LLC is a global digital marketing agency providing a full complement of services including, public relations, branding, video production, YouTube video programming, website development and SEO, graphics design, social media creation and posting. We work with entrepreneurs and businesses across the globe to provide a spectrum of creative, strategic marketing services. Conservaco, LLC is a leading curator of brands. However, we are more than just a portfolio of brands; We are inventors and creators with a unique array of capabilities designed to provide our clients with opportunities for extraordinary value creation. https://conservaco.com
© 2018 iSIGN Media Solutions Inc. All Rights Reserved. All other trademarks and trade names are the property of their respective owners.
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 for the accuracy of this release.
SOURCE iSIGN Media Solutions Inc.
For further information: Investor contacts: Alex Romanov, iSIGN Media Solutions Inc., [email protected]