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iSign Media Corp, wholly owned subsidiary of Corbal Capital Corp., announces grant from Singapore government agency

^{Published on 2009-10-27 17:04:08 - Market Wire}
 

SYMBOL: ISD

MARKHAM, ON, Oct. 27 /CNW/ - Corbal Capital Corp ("Corbal") (TSX-V: ISD) announced today that its wholly owned subsidiary iSign Media Corp ("iSign") has through its Asian distributor successfully arranged for a grant from an agency of the Singapore government to develop and expand its data logging solution into a complete backend data reporting dashboard for mega retail chains.

"Receiving the offer of a sizable grant ($145,000) to expand upon our data reporting system will be very beneficial to us," stated Alex Romanov, Corbal and iSign's President and Chief Executive Officer. "It will help to defray the cost that is required to expand our existing system to incorporate the features that our Asian clients are requesting and will result in our having a world class reporting system that could be utilized throughout the world, not just in Asia for the gathering of business intelligence."

About Corbal Capital Corp.

Through its wholly owned subsidiary, iSign Media Corp., Corbal, with offices in Vancouver and Markham, Canada, is an advertising and marketing services provider, specializing in interactive proximity advertising solutions for advertisers and advertising agencies in the global marketplace, through the broadcasting of advertisements to consumers' cell phones via Bluetooth technology.

This news release may contain forward-looking statements that are based on Corbal's expectations, estimates and projections regarding its business and the economic environment in which it operates. These statements are not guarantees of future performance and involve risks and uncertainties that are difficult to control or predict.

Therefore, actual outcomes and results may differ materially from those expressed in these forward-looking statements and readers should not place undue reliance on such statements. Statements speak only as of the date on which they are made, and Corbal undertakes no obligation to update them publicly to reflect new information or the occurrence of future events or circumstances, except as required by law. Neither 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 adequacy or accuracy of this release.

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