Science and Technology Science and Technology
Fri, June 15, 2012
Thu, June 14, 2012
[ Thu, Jun 14th 2012 ] - Market Wire
DTE Energy increases dividend

iSIGN Media Announces the Trading of Its Shares in the United States on OTCQX and its New United States Trading Symbol


Published on 2012-06-14 13:35:44 - Market Wire
  Print publication without navigation


June 14, 2012 16:30 ET

iSIGN Media Announces the Trading of Its Shares in the United States on OTCQX and its New United States Trading Symbol

TORONTO, ONTARIO--(Marketwire - June 14, 2012) - iSIGN Media Solutions Inc. ("iSIGN" or "Company") (TSX VENTURE:ISD)(OTCQX:ISDSF), a leading provider of interactive mobile advertising solutions that serves advertisers, manufacturers, retailers and advertising agencies throughout North America, announced today that its shares will be trading on the OTCQX International, the premier tier of the U.S. over-the-counter market, and that trading on the OTCQX International will commence on Friday, June 15, 2012.

In conjunction with the Company's membership on the OTCQX International, the Company also announced that its U.S. trading symbol will be changed to ISDSF, effective June 15, 2012.

"We are pleased to announce that our shares will be trading on the OTCQX International," said Alex Romanov, iSIGN's Chief Executive Officer. "We believe this to be a major step forward for iSIGN and will raise iSIGN's profile with U.S. investors and brokers, making it easier for our existing shareholders and other U.S.-based investors to buy and sell iSIGN's shares, which we expect will result in a diversification of the Company's shareholder base."

"We believe the U.S. market will respond very favourably to the type of innovative technology that iSIGN offers," added Mr. Romanov. "With our growing profile in the United States aided by the efforts of our staff operating out of our Florida office, we believe that trading on a recognized U.S. market will greatly benefit our company and our shareholders."

Ellenoff Grossman & Schole LLP will serve as iSIGN's Principal American Liaison ("PAL") on the OTCQX International, and will be responsible for providing guidance to iSIGN on OTCQX requirements and U.S. securities laws.

About iSIGN Media

iSIGN Media is a North American leader in multiplatform advertising solutions that utilize Bluetooth, Mobile, WiFi and Location-Aware technologies to deliver rich media, permission-based messages to engage consumers more deeply and cost-effectively. The resulting business intelligence and real time metrics, gathered through iSIGN's patent-pending advertising platform, deliver insights into emerging consumer behaviors that help advertisers measure their efforts and make better business decisions to increase ROI and customer loyalty. Headquartered in Richmond Hill, Ontario, with R&D and customer support operations in Vancouver, BC and Tampa, FL, the Company has also grown to become the largest owner/operator of in-store digital media in Canada with 5,600 digital signs in 1,400 locations. Partners include: AOpen America Inc. and IBM, with solution distribution by BlueStar Inc. iSIGN is publicly traded on the TSX Venture Exchange and the OTCQX International. Additional information can be found at [ www.isignmedia.com ].

Forward-Looking Statements

This news release includes 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 for events or circumstances after the date on which such statement is made except as required by law. For additional information on risks and uncertainties relating to these forward-looking statements, investors should review the risk factors and other information included in the Company's public filings on SEDAR at [ www.sedar.com ].

© 2012 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 or accuracy of this release.