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Medallion GPS for Light Commercial Fleets sold and marketed through T-Mobile Business Channels
LAKE ELSINORE, Calif., June 8, 2021 /PRNewswire/ -- IGEN Networks Corporation (OTCQB: IGEN) (CSE: IGN), a leading innovator of Cloud-based and Internet of Things (IoT) solutions, today announced the launch of its Co-branded Medallion GPS service platform designed for Light Commercial Fleets and to be sold and marketed through the T-Mobile Business Small-to-Medium Business(SMB) Sales Force located across all US markets.
"We are pleased to have completed the final step of the T-Mobile Partner Program for launch of Medallion GPS service platform designed for managing Light Commercial Fleets. According to Statista, this segment of the commercial fleet industry produces more than 6M new vehicles annually in North America, with more than half comprised of passenger vehicles. It represents the least penetrated market segment of commercial fleet solutions for reasons of high costs and complexity," said Neil G Chan, CEO of IGEN Networks Corp. The Co-branded T-Mobile Business and Medallion GPS service platform is significantly more cost effective and simpler to use compared to existing fleet solutions. Combined with IGEN's patented "Digital Telematics Signature", the Medallion GPS platform offers a powerful tool for measuring driver behavior, lowering insurance costs, and generating a greater return-on-investment(ROI) for the fleet owner."
About the T-Mobile Partner Program
The T-Mobile Partner Program is a comprehensive program to support T-Mobile's Small and Medium size business channels through a full-service portal, social marketing tools to drive demand, and co-branding material to support the sales and marketing of partner products and services. Facilitated by the Hyperion Partners relationship, Medallion GPS powered by IGEN is now sold over the T-Mobile Network by the T-Mobile Business Sales Force.
For more information please visit: www.nimbotracking.com/t-mobile
About IGEN Networks Corporation
IGEN Networks Corporation creates software services for the consumer automotive and commercial asset management industries enabling their customers to better manage their assets and protect their families. IGEN is a fully reporting company in both Canada and the United States. It is publicly traded on the OTCQB under the symbol IGEN, and listed on the CSE under the symbol IGN. For more information, please visit: www.igennetworks.net
About Hyperion Partners
Hyperion Partners LLC (www.hyperionpartners.net) is a full-service business development and technology consulting firm specializing in mobility. Founded in 2012, Hyperion brings to bear decades of executive and functional expertise spanning wired and wireless carriers, OEMs, manufacturing, logistics, channel development, sales, marketing, business development and consulting. Hyperion focuses on the generation of revenue for their clients and partners through delivery of customized solutions, the creation of new customers, the formation of strategic relationships and the commercialization of products and services. They offer dedicated care and technical support through the ordering, activation, and implementation processes. Hyperion Partners acts as a consultant to customers and partners to ensure their customer gets the most practical, affordable, and complete solution possible.
This news release may contain forward-looking statements or forward looking information within the meaning of the U.S. Private Securities Litigation Reform Act of 1995 and Canadian securities law. The terms and phrases "goal", "commitment", "guidance", "expects", "would", "will", "continuing", "drive", "believes", "indicate", "look forward", "grow", "outlook", "forecasts", "intend", and similar terms and phrases are intended to identify these forward-looking statements. Forward-looking statements are based on estimates and assumptions made by IGEN in light of its experience and its perception of historical trends, current conditions and expected future developments, as well as other factors that IGEN believes are appropriate in the circumstances, including but not limited to statements regarding investment liquidity, financing options and long term goals of the Company, general economic conditions, IGEN's expectations regarding its business, customer base, strategy and prospects, and IGEN's confidence in the cash flow generation of its business. Many factors could cause IGEN's actual results, performance or achievements to differ materially from those expressed or implied by the forward-looking statements, including, without limitation: risks related to competition; IGEN's reliance on key personnel; IGEN's ability to maintain and enhance its brand; and difficulties in forecasting IGEN's financial results, particularly over longer periods given the rapid technological changes, competition and short product life cycles that characterize the mobile application industry. These risk factors and others relating to IGEN that may cause actual results to differ are set forth in the under the heading "Risk Factors" in IGEN's periodic filings with the British Columbia Securities Commission and the U.S. Securities and Exchange Commission (copies of which filings may be obtained at www.sedar.com or www.sec.gov. These factors should be considered carefully, and readers should not place undue reliance on IGEN's forward-looking statements. IGEN has no intention and undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.
IGEN Networks Corporation
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SOURCE IGEN Networks Corporation