Insignia Systems, Inc. Names Tim Halfmann Chief Sales & Marketing Officer

  Insignia Systems, Inc. Names Tim Halfmann Chief Sales & Marketing Officer

Business Wire

MINNEAPOLIS -- April 30, 2014

Insignia Systems, Inc. (NASDAQ:ISIG) (“Insignia” or “the Company”) today
announced it hired Timothy J. Halfmann as Chief Sales & Marketing Officer,
effective April 28, 2014. In this newly created position, Mr. Halfmann will be
responsible for overall Company revenue, brand positioning and strategy, and
solving customer challenges.

Mr. Halfmann brings more than 30 years of experience in sales, marketing
strategy and executive leadership. Mr. Halfmann spent the first part of his
career first at News America and Valassis, where he held senior leadership
positions. Since leaving Valassis in 2007, he has led national sales
organizations at Entertainment Promotions, as well as ePrize, an online
provider of games, sweepstakes and loyalty programs. He joined Insignia in
September 2012 as a consultant, leading the Company’s sales team during
Insignia’s turnaround efforts.

Mr. Halfmann commented, “I am proud to be joining Insignia on a full-time
basis and believe the Company is well-positioned for continued growth. Our
industry is in need of fresh ideas that fuel new solutions for consumers, and
I believe our team at Insignia will provide that innovation. We are focused on
continuing to grow our core product offering, adding retailers to our network
and reaching additional customers. We are committed to launching new products
that will benefit our brands and retailers in a meaningful way.”

Insignia’s President and CEO Glen Dall commented, “We are extremely pleased to
have Tim as our CSMO. Tim has proven experience leading national sales
organizations, and adding someone of Tim’s caliber to our team speaks to the
quality of our Company and our prospects for the future. He has a deep
foundation in CPG marketing services, sales acumen, and leadership skills that
have served our Company well as demonstrated by our sales growth since 2012.
He also brings a passion for innovation, an energetic personality, and an
outlook that adds to the vision of Insignia. As we further our efforts to
bring innovative solutions to market, having Tim directly leading our sales
and marketing team is very exciting for us."

About Insignia Systems, Inc.

Insignia Systems, Inc. is a developer and marketer of in-store advertising
products, programs and services to retailers and consumer goods manufacturers.
Through its Point-Of-Purchase Services (POPS) business, Insignia provides
at-shelf advertising products in over 13,000 chain retail supermarkets, over
1,900 mass merchants and over 7,000 dollar stores. Through the nationwide POPS
network, over 200 major consumer goods manufacturers, including General Mills,
Kellogg Company, Kraft Foods and Nestlé, have taken their brand messages to
the point-of-purchase. For additional information, contact (888) 474-7677, or
visit the Insignia website at www.insigniasystems.com.

Cautionary Statement for the Purpose of Safe Harbor Provisions of the Private
Securities Litigation Reform Act of 1995

Statements in this press release which are not statements of historical or
current facts are considered forward-looking statements within the meaning of
the safe harbor provisions of the Private Securities Litigation Reform Act of
1995, as amended. The words “believes,” “expects,” “anticipates,” “seeks” and
similar expressions identify forward-looking statements. Readers are cautioned
not to place undue reliance on these or any forward-looking statements, which
speak only as of the date of this press release. Statements made in this press
release regarding, for instance: current expectations as to future financial
performance); our ability to continue revenue growth, cost improvements and to
maintain profitability; current sales trends with consumer packaged goods
manufacturers; the expected addition of retailers and the ability to increase
revenue; continued success in our business relationships; our ability to
develop and successfully implement new products to diversify our business and
to increase our retailer access for these products, are forward-looking
statements. These forward-looking statements are based on current information,
which we have assessed and which by its nature is dynamic and subject to rapid
and even abrupt changes. As such, actual results may differ materially from
the results or performance expressed or implied by such forward-looking
statements. Forward-looking statements involve known and unknown risks,
uncertainties and other factors, including: (i) the risk that management may
be unable to fully or successfully implement its business plan to achieve and
maintain profitability in the future; (ii) the risk that the Company will not
be able to expand core product offerings or to develop and implement new
product offerings in a successful manner, including our ability to gain
retailer acceptance of new product offerings; (iii) the unexpected loss of a
major consumer packaged goods manufacturer relationship or retailer agreement
or termination of our relationship with News America; (iv) prevailing market
conditions in the in-store advertising industry, including intense competition
for agreements with retailers and consumer packaged goods manufacturers and
the effect of any delayed or cancelled customer programs; (v) potentially
incorrect assumptions by management with respect to the financial effect of
cost containment or reduction initiatives, current strategic decisions,
current sales trends for fiscal year 2014; and (vi) other economic, business,
market, financial, competitive and/or regulatory factors affecting the
Company’s business generally, including those set forth in our Annual Report
on Form 10-K for the year ended December 31, 2013 and additional risks, if
any, identified in our Quarterly Reports on Form 10-Q and our Current Reports
on Forms 8-K filed with the SEC. Such forward-looking statements should be
read in conjunction with the Company's filings with the SEC. The Company
assumes no responsibility to update the forward-looking statements contained
in this press release or the reasons why actual results would differ from
those anticipated in any such forward-looking statement, other than as
required by law.

Contact:

Insignia Systems, Inc.
John Gonsior, 763-392-6200
CFO
 
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