i-Sign Media Solutions Inc. (ISDSF)

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iSign cancels easyAd transaction

iSign Media Solutions Inc (C:ISD)
Shares Issued 36,717,472
Last Close 9/24/2010 $0.255

Monday September 27 2010 - News Release

Mr. Alex Romanov reports:

ISIGN MEDIA SOLUTIONS INC. AND EASYAD TRANSACTION

iSIGN Media Solutions Inc. has decided after recent key sales developments and orders, totalling $7.38-million (U.S.) over three years, from its major partners AOpen and BlueStar to cancel the easyAd Group AG transaction previously reported in Stockwatch July 21, 2010.

"Our board of directors and management team now believes that it would be in the best interests of the company and its shareholders to move forward without the proposed option agreement," said Alex Romanov, iSIGN's chief executive officer.

"iSIGN is gaining a lot of traction and attention for its unique patent-pending technology and looks forward to deploying the solution to retailers worldwide with our major partners such as IBM, AOpen, BlueStar and Skipton."