For the nine months ended September 30, 2016, the net loss attributable to common stockholders was $4,285,000, a decrease of $1,460,000, or 25%, compared to a net loss attributable to common stockholders of $5,745,000 in the prior year. This decrease primarily was due to a $332,000 decrease in loss from operations, a $312,000 gain on derivative liability, a $282,000 decrease in accretion of beneficial conversion feature and a $1,022,000 decrease in preferred stock dividend expense, partially offset by increases in interest expense and amortization of debt discount.Additional financial information regarding iSIGN's operating results for the three months ended September 30, 2016 will be available in the Company's Quarterly Report on Form 10-Q that will be filed with the Securities and Exchange Commission and available at www.sec.gov. ABOUT iSIGNiSIGN (formerly known as Communication Intelligence Corporation or CIC) is a leading provider of digital transaction management (DTM) software enabling fully digital (paperless) business processes. iSIGN's solutions encompass a wide array of functionality and services, including electronic signatures, simple-to-complex workflow management and various options for biometric authentication. These solutions are available across virtually all enterprise, desktop and mobile environments as a seamlessly integrated software platform for both ad-hoc and fully automated transactions. iSIGN's software platform can be deployed both on-premise and as a cloud-based service, with the ability to easily transition between deployment models. iSIGN is headquartered in Silicon Valley. For more information, please visit our website at www.isignnow.com. iSIGN's logo is a trademark of iSIGN. FORWARD LOOKING STATEMENTSCertain statements contained in this press release, including without limitation, statements containing the words "believes", "anticipates", "hopes", "intends", "expects", and other words of similar import, constitute "forward looking" statements within the meaning of the Private Litigation Reform Act of 1995. Such statements involve known and unknown risks, uncertainties and other factors, which may cause actual events to differ materially from expectations. Such factors include the following (1) technological, engineering, quality control or other circumstances which could delay the sale or shipment of products containing the company's technology; (2) economic, business, market and competitive conditions in the software industry and technological innovations which could affect customer purchases of the company's solutions; (3) the company's inability to protect its trade secrets or other proprietary rights, operate without infringing upon the proprietary rights of others or prevent others from infringing on the proprietary rights of the company; and (4) general economic and business conditions.
Contact Information:iSIGN Andrea Goren Chief Financial Officer +1.646.763.8363 email@example.com