iSign Solutions Inc. (OTCMKTS:ISGN) Files An 8-K Entry into a Material Definitive Agreement

Item 1.01

On May 23, 2017, iSign Solutions Inc. (the Company) entered into
a Note Purchase Agreement (the Purchase Agreement) with certain
investors (each an Investor, and, collectively, the Investors).
Under the terms of the Purchase Agreement, the Company received
loans in the aggregate amount of $505,000 from the Investors in
exchange for the Companys issuance to each of the Investors of a
secured convertible promissory note equal to the principal amount
of such Investors loan to the Company (each a Note, and,
collectively, the Notes). The Notes bear interest at the rate of
10% per annum, and have a maturity date of December 31, 2018.
Should the Notes remain outstanding past the maturity date, an
additional, one-time 30% will accrue on the principal of the
Notes. The Notes may be converted by their terms at the option of
Investors into shares of the Companys common stock.

The Company may use any funds received from the Investors for
working capital and general corporate purposes, in the ordinary
course of business, and to pay fees and expenses in connection
with the Companys entry into the Purchase Agreement.

Transactions With Related Persons

SG Phoenix LLC assisted the Company in negotiating with Investors
the term sheet for the transaction described above, the terms of
which were approved by a Special Committee of the Board of
Directors comprised of disinterested directors, as well as the
entire Board of Directors. SG Phoenix LLC is the management
company of Phoenix Venture Fund LLC, the Companys largest
stockholder, which has participated in several of the Companys
previous financing transactions. Philip Sassower and Andrea Goren
are the co-managers of SG Phoenix LLC, and are also the Companys
Chief Executive Officer and Chief Financial Officer,
respectively. Mike Engmann, Stanley Gilbert, Andrea Goren and/or
entities affiliated to them participated as Investors in the
above described financing. Messrs. Sassower and Engmann are
Co-Chairmen of the Board of Directors, Mr. Engmann is also the
Companys President and Chief Operating Officer, Mr. Goren is also
a member of the Companys Board of Directors and the Companys
Corporate Secretary, and Mr. Gilbert is a member of the Companys
Board of Directors.

About iSign Solutions Inc. (OTCMKTS:ISGN)

iSign Solutions Inc., formerly Communication Intelligence Corporation, is a supplier of digital transaction management (DTM) software enabling the paperless, secure management of document-based transactions. The Company’s solutions include an array of functionality and services, including electronic signatures, workflow management and various options for biometric authentication. These solutions are available across virtually all enterprise, desktop and mobile environments as an integrated platform for both ad-hoc and automated transactions. The Company’s SignatureOne and iSign suite of electronic signature solutions enable businesses to implement paperless and electronic signature-driven business processes. The SignatureOne and iSign suite of products includes SignatureOne Ceremony Server (Ceremony Server), iSign Console (Console), iSign Enterprise, iSign Family, Sign-it and iSign Toolkits. Its products allow legally binding electronic signatures to be added to digital documents.

iSign Solutions Inc. (OTCMKTS:ISGN) Recent Trading Information

iSign Solutions Inc. (OTCMKTS:ISGN) closed its last trading session 00.000 at 0.370 with 4,003 shares trading hands.