Recent News

December 27, 2017

Walmart Mexico Update

Further to our post on Friday, December 22, the trial in 20 of Walmart Mexico's 2,339 stores, involving an estimated 100 Smart Antennas, is to commence on a mutually chosen date in January, for a 60 day or less period.  It is expected that the commencement date will be determined in a meeting scheduled for January 8 with Walmart Mexico's Operations Manager, South Zone Mexico.
December 22, 2017

Update – Various

Walmart Mexico recently announced that they would be expanding their Wi-Fi network to all of their 2,339 stores by mid 2018.  The purpose being to collect user data and to promote on-line sales, as well as through their app.  However, their efforts have not demonstrated the results that were expected in the stores that currently have Wi-Fi capabilities.  Walmart executives stated to our reseller's Mexican representatives that their customers don't appear to be willing to give personal information in order to download Walmart's app.  On December 20, a letter of intent was delivered to our reseller committing Walmart Mexico to a paid trial of our Smart Antennas in 20 of stores located in Mexico City and the surrounding metropolitan area.  Expectation is for 5 Smart Antennas to be installed per store, for a total of 100 units.  Further meetings are currently scheduled for January 8.

The advertising company involved with the Mexican bus system is closing their office for the Christmas holidays, reopening on January 3.  Meetings to finalize agreements for Smart Antenna installation and advertising will be held at that time.

Our reseller in Chile is meeting with the security department of a major mining company with 3 mines currently in operation in Chile during the first week of January.  Additionally, our Chilean reseller has recently partnered with a major software, service and integration firm to expand their promotion of our Smart Antenna and technology, specifically SAM technology, with the target being their partner's existing industrial clients. 

Discussions and negotiations between airports and Rich Multimedia Technologies will be continuing throughout the Christmas holiday period as airports do not close their administrative and security offices/departments during the Christmas season.

As previously reported, We Build Apps has incorporated a number of non-iSIGN technologies into their contract with what will be the world's first smart mall.  Based on WBA's most recent update, they are working on converging these multiple solutions into a single unified back-end management and reporting system that co-ordinates, handles and manages all these different software technology systems. 
December 19, 2017

Smart Antenna Purchase Order Receipt

Rich Multimedia Technologies Inc. ("RMT") has issued an additional purchase order for 400 Smart Antennas for installation into bus systems in Mexico and airports located in the United States.  This shipment is expected to be completed during January 2018 as we receive shipping instructions from RMT.  It is expected that 260 Smart Antennas will be installed into buses and transit stations located in Mexico, with the balance installed in US airports.  Payment for this order, as well as for the original shipment of 100 Smart Antennas installed in US airports is anticipated by mid-January 2018. Initially, these networks will involve commercial messaging only, with Security Alert Messaging ("SAM") to be added once fees are confirmed with the end-client.  Security registration fees for the airports are expected to fall within a range of $5-10 US per subscriber. As more details are available for release, we will issue a press release.
December 14, 2017

Denver Airport Stats that Directly Relate to SAM & Smart Antenna Commercial Messaging

Click anywhere on this post to view some interesting statistics that we were just sent about Denver International Airport.  Total passengers for the 10 months ended October 31, 2017 were 51,515,354, a 5.7% increase from last year.  The number of flights, including air carriers, air taxi, general aviation and military at October 31, 2017 were 488,928, a 2.2% increase from last year. 

Further, we were verbally advised that the number of advertising impressions, according to Clear Channel, are 11,042,504 monthly and 132,510,045 annually.
December 4, 2017

iSIGN Resellers Maintaining Pace to Close Several Key Initiatives

iSIGN is working continuously with its resellers to assist them to help bring all ongoing negotiations and regulatory procedures to their earliest close, to mutually benefit from the resulting revenue streams.  The image on this post is a sample of the mobile phone content for one of the major Mexican bus lines and you can click anywhere on this post to see the full image.

It is our belief that the recent market activity and increased share prices reflects a confidence that contracts and revenues are close.




November 24, 2017

Airports on High Alert

Rich Multimedia Technologies has stated the US media is reporting that stress levels of travelers this Thanksgiving is higher than in past years and is attributing it to ongoing concerns and worries relating to safety and security at airports and other transportation centres.  Further, it is being stated that travelers' worries relating to travel and security is expected to continue through to and beyond this Christmas season.

According to RMT, these increased stress levels, combined with incidents such as the recent Orlando situation where a camera battery exploded inside a traveler's luggage, is generating increased interest in our Smart Antennas and SAM technology from airports in the US.

Click anywhere on this post to see the newspaper article concerning the Orlando airport incident.