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ISD has ongoing trials with National Oil (4,000+ locations and 30%
acceptance rate) and Chinney (Family Mart in China ~5,000 locations), both
of which could turn into full deployments in the next several months. ISD is
in the final stages of finalizing an LOI with Chinney, which could take ISD
into several of China’s largest c-store chains.
We expect the stock to re-rate on the conversion of these trials into full
Below we outline several customer opportunities that could provide upside to our
Exhibit 3. Large Opportunities Could Begin to Transition from Trials to Deployments in Coming Months
Potential Customer Potential Locations Interest Level of Customer
National Oil 4,000 Marathon and
Phillips 66 gas bars
Preliminary trials and proposed installation into first 200
39,000 location potential
across Family Mart, 7-11,
Lawsons and Circle K
Currently waiting for LOI to advance into a formal
agreement. On September 14
th management met with 7-11,
Family Mart, Lawsons and Circle K in China with Chinney.
Major North American
Gas and Convenience
18,000 Final discussion stage and commencing with proposed
installation of 500 locations in Ontario.
20,000+ LOI being completed
$4.3 billion Canadian
printing, publishing and
iSIGN solution approved and is being introduced to their
Texas banking network 3,000 Currently in discussion stage
Total Pipeline 84,000+