i-Sign Media Solutions Inc. (ISDSF)

[Bassman101]

iSign Media receives first AOpen American order

2010-08-25 05:51 PT - News Release
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Mr. Alex Romanov reports

ISIGN MEDIA SOLUTIONS INC. ANNOUNCES RECEIPT OF ITS FIRST PURCHASE ORDER FROM AOPEN FOR 1,000 ISIGN IMS 3.0 SOFTWARE LICENSES AND TRANSCEIVER DEVICES

iSign Media Solutions Inc. has received its first order from AOpen American Inc. under the OEM agreement that was entered into on May 4, 2010, for the first 1,000 deluxe edition location-based interactive proximity software licences and accompanying transceivers.

"The iSign transceiver is essentially a customized, range-adjustable antenna that when attached to AOpen's digital media players embedded with our IMS 3.0 software will broadcast messages to Bluetooth-enabled mobile phones and capture shopper analytics," said Alex Romanov, iSign's chief executive officer. "We are pleased to receive the first of what we feel will be many orders from distributors for IMS 3.0 transceivers, which will lead to the activation of our software in AOpen digital media players in first- and second-tier retail channels."

The value of this initial order is $175,000 (U.S.). When these 1,000 software licences are fully activated by the retailer, gross revenues to iSign will yield a minimum of $2.7-million (U.S.) over the thirty-six-month term.