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Through these new relationships, NPDT also plans to launch a division that will be dedicated to deploying proprietary out-of-home digital signage networks (DSNs) in select retail chains based on a recurring advertising revenue model. The company also plans to explore similar revenue-sharing alliances with existing DSNs.

NPDT CEO Donald Danks stated, "LG is one of the world's strongest brands in consumer and commercial electronics. With LG commercial display solutions, we plan to expand our digital signage marketing efforts into several large markets in the United States targeting opportunities in the hospitality, health care, retail, sports and entertainment and government and education markets.

"We plan to be opportunistic in leveraging key relationships to expand sales into these niche markets while keeping a very low fixed cost business model. We will be sharing more details about our plan for growth in these markets and our move into the out-of-home digital signage network business in the near future," Danks concluded.