Smart City Services International (SCSI) Announces Issuance of PURCHASE ORDER for iSIGN Media’s HALOfx Tracing and Messaging Technology for use with Private and Public Transit Partners
Smart City Services International (SCSI) has issued a purchase order to iSIGN Media Solutions (OTC: ISDSF) for over 100 HALOfx units aimed at enhancing passenger verification and data collection on private transit buses. The target is to fully equip 1,000 buses by year-end 2022. This initiative also includes the introduction of loyalty programs and cashless ticketing, which is expected to boost ridership and provide additional revenue streams for transit operators. iSIGN's technology will support the integration of digital payment solutions across transit systems.
- Issuance of purchase order for 100 HALOfx units enhances transit operations.
- Targeting to equip 1,000 buses by end of 2022 indicates substantial growth potential.
- Introduction of loyalty programs expected to increase passenger ridership and retention.
- Collaboration with Payolog enhances service accountability and technology integration.
- None.
IRVINE, Calif., May 16, 2022 (GLOBE NEWSWIRE) -- Smart City Services International (SCSI) is pleased to announce the issuance of a purchase order to ISIGN Media Solutions Inc. (iSIGN) (TSX-V: ISD) (OTC: ISDSF), for its HALOfx mobile messaging and Passive Historical Contact Tracing (PHACT) technology, with mobile device and individual passenger numeration for the verification of in-coming and exiting passenger on any transit vehicle.
The purchase order is for 100 or more as required HALOfx units to equip the first one hundred private transit buses with delivery as soon as possible. The target is to have 1,000 buses fully equipped with the HALOfx units by the end of 2022.
The reasons for the installation of the HALOfx units is to independently validate the number of riders and compare the number of riders to the cash fares being collected; to provide the opportunity for commercial advertising messages to riders; and for the use of public safety and security alerts. The goal of the transit systems is to improve ROI and increase the data being gathered on their passengers.
The addition of HALOfx technology to SCSI’s existing partnership with Payolog, a global payment and Smart City Solutions Leader, will increase accountability throughout private and public transit locations, stations and onboard vehicles as a unified network. The new technology allows for the introduction of loyalty programs and rewards for passengers using public transit through a joint collaboration between SCSI, Payolog and iSIGN. It is believed that the introduction of a loyalty rewards program combined with cashless ticketing will result in increased ridership levels as well as further increasing the safely of drivers and passengers.
Sal Haro, CEO & President at SCSI - “Adding a rewards program for transit owners provides an additional revenue stream to the transit industry. The transit industry is ready to offer these additional benefits to their passengers. We are excited to be in this partnership and offer these services to Mexico.”
Alex Romanov, CEO at iSIGN - “SCSI has projected the first one thousand vehicles for the remainder of this year and three thousand vehicles for 2023 and each year following to cover and provide services to one of the world’s largest transit systems. Our partnership with SCSI and their Smart City digital and mobile payment partners will have ISIGN’s full support to provide networks from transit to airports and commerce in Mexico, USA and beyond.”
About Smart City Services International: Being involved in Smart City concepts for the last 7 years in Mexico, SCSI has established relationships with various transportation authorities. We have leveraged our consulting team in Mexico to focus and target government and private transportation agencies and are prepared to activate our marketing advertising and awareness campaigns. With our strong technology partners, we can advance and improve the daily lives of the working citizens with positive customer experience by implementing Smart City Payment solutions for all ticketing requirements. We are ready to market an all-in-one solution in the transit space and the first to provide smart digital payment solutions, coupled with a mobile advertising broadcast network, a missing persons’ alert broadcast network and mobile cash app program, All-In-One.
About iSIGN Media: iSIGN Media is a leading provider of interactive mobile proximity marketing and public security alert solutions, that on March 30, 2022 announced the signing of an exclusive worldwide Licensing Agreement in perpetuity with SIMBL Business Enablement Inc. for its Passive Historical Contact Tracing (PHACT) technology including HALO and underlying framework, including SPE Asset Management System for smart location analytics and monitoring Intellectual Property (IP). The PHACT IP provides smart location analytics and monitoring. Conceived as a contact tracing platform, the overall platform enables the monitoring of the movement, congregation behaviors, and general movements of individuals within a monitored space, while maintaining connectivity and compliance with all public privacy policies. PHACT provides real-time and historical information regarding individual movement, dwell, and crowd and public behavior.
Contacts:
Sal Haro
Smart City Services International
714-231-1628
www.scsi.us
www.luckyridepay.com
Alex Romanov
iSIGN Media Solutions Inc.
(416) 407-1035
www.isignmedia.com
FAQ
What is the significance of the purchase order issued by Smart City Services International to iSIGN Media Solutions (ISDSF)?
When does Smart City Services International plan to equip 1,000 buses with HALOfx technology?
How will the HALOfx technology impact ridership levels according to the press release?