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iSIGN Announces Pricing of Public Offering

05.16.2016

iSign Solutions Inc. (OTCQB:ISGN) (“iSIGN” or the “Company”), a leading supplier of electronic signature and other software solutions enabling secure, cost-effective and paperless management of contracts and other document-based digital transactions, announced today the pricing of its underwritten public offering of 690,000 shares of common stock at an offering price of $1.74 per share and warrants to purchase 345,000 shares of common stock at a public offering price of $0.01 per warrant. Upon consummation of the offering, the Company will have raised gross cash proceeds of $1,204,050 million before deducting underwriting discounts and commissions and other offering expenses. iSIGN has granted the underwriters a 45-day option to purchase up to an additional 103,500 shares of common stock, warrants to purchase up to an additional 51,750 shares of common, or a combination thereof, in each case representing no more than 15% of the shares or warrants, as applicable, sold in the offering, solely to cover over-allotments, if any. The offering is expected to close on or about May 19, 2016, subject to the satisfaction of customary closing conditions. iSIGN intends to use the net proceeds from the offering to expand its sales and marketing efforts, increase its product offerings, pay accrued and unpaid compensation due to officers, employees and/or their affiliated entities, and for working capital and general corporate purposes.

Axiom Capital Management, Inc. is acting as the sole book-running manager for the offering.

A registration statement on Form S-1 relating to the offering was filed with the Securities and Exchange Commission and is effective. A preliminary prospectus relating to the offering has been filed with the SEC and is available on the SEC’s web site at http://www.sec.gov. Copies of the final prospectus relating to the offering, when available, may be obtained from the offices of Axiom Capital Management, Inc., 780 Third Avenue, 43rd Floor, New York, NY 10017, telephone: (212) 521-3848 or email: mjacobs@axiomcapital.com, or from the above-mentioned SEC website.

This press release does not constitute an offer to sell, or the solicitation of an offer to buy, these securities, nor will there be any sale of these securities in any state or other jurisdiction in which such offer, solicitation or sale is not permitted.

cic.com

May 16, 2006Courtney Saba
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