The Islanders announced this afternoon that they have signed Bridgeport netminder Kenny Reiter to a two-way deal. A two-way deal means that Reiter gets paid different amounts based on whether he is playing in the NHL or AHL. This also allows the Islanders the possibility of calling up Reiter to the NHL. Since Reiter is 25+ years old, he will have one season of waiver exemption (this season) if the Islanders call him up and then decide to send him back down.Reiter, 27, was an undrafted free agent out of Minnesota-Duluth when he joined the Fort Wayne Komets of the ECHL last season. Later on in the year, he joined the Sound Tigers and was Bridgeport's best goalie last season with a .916 save percentage in 12 games. He hasn't faired as well this year with a .895 SVP in 15 games, but that's still better than Anders Nilsson and Parker Milner's marks.The signing could be an insurance policy in case Nilsson or Poulin get hurt.