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iSIGN Media Announces a Management RestructuringTORONTO, March 1, 2017 /PRNewswire/ - iSIGN Media Solutions Inc. ("iSIGN" or "Company") (TSX-V: ISD) (OTC: ISDSF), a leading provider of interactive mobile advertising solutions that serves brands, commercial locations, retailers and service providers throughout North America, today announced a restructuring of its senior management. Effective March 1, 2017, Joe Kozar, a major shareholder in iSIGN, will be taking on the role of Interim Chief Executive Officer. Alex Romanov, the Company's former Chief Executive Officer, will be undertaking the role of Vice President, Sales and Operations and will retain his Board position. "This change is being implement by the Board in order to allow Alex to fully concentrate upon sales and revenues," stated Mr. Joe Kozar, iSIGN's Interim Chief Executive Officer. "With the recent sales of Smart Antennas to our resellers, We Build Apps, LLC and Rich Multimedia Technologies, Inc, it was mutually agreed that iSIGN would best be served by having Alex concentrate his efforts on the sales function." "I look forward to working with Joe and will support him fully as he undertakes the Chief Executive Officer role and challenges at this pivotal time in iSIGN," stated Mr. Alex Romanov, iSIGN's Vice President, Sales and Operations. These appointments are for an interim period of six months, at which time the Board may elect to extend either of these appointments or appoint new executives to these roles. Mr. Kozar's background is in the tech field. He has been and is involved with a number of high tech companies covering a broad range of solutions. His educational background is in the engineering field with a main focus on electronic design. At the preent time he sits on several boards and is involved with venture capital investing. In addition, the Company is announcing that Mr. Prakash Shukla has resigned from the Company's Board of Directors, effective January 23, 2017. Mr. Shukla's resignation is due to an increased work-related schedule, with extensive travel outside of North America, thus negatively impacting his ability to devote time to iSIGN. About iSIGN Media Forward-Looking Statements © 2017 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. SOURCE iSIGN Media Solutions Inc, Joe Kozar Chief Executive Officer |