SOURCE: Ingen Technologies, Inc.

Ingen Technologies, Inc.

February 11, 2014 09:24 ET

Funding Partnership for Business Expansion Program Is Launched as Projected

Ingen's Newest Telecom Division, ATMC, Officially Receives Initial Funds From JSJ Investments-

RIVERSIDE, CA--(Marketwired - Feb 11, 2014) -  Ingen Technologies, Inc. (PINKSHEETS: IGNT) today announced a successful funding partnership with JSJ Investments and the initial funding for its wireless telecom business. JSJ is a privately held investment boutique specializing in the structuring and provision of capital to small and developing OTC QB/QX and Pinksheet companies. JSJ is uniquely positioned to fund long-term growth projects through a variety of funding arrangements.

JSJ funded the first tranche to ATMC on February 6, 2014; funds to be used to increase Wire Line and Wireless Telecom route capacity as a part of an expansion plan for Ingen. "The next step in our program has begun, as funds have been transferred into multiple escrow accounts to close transactions. We have been testing selected routes and are prepared to start to carry traffic as the projects move forward," stated David Hanson, CEO. Mr. Hanson further stated, "I have been in the communications and entertainment industries for over 30 years, and have already initiated discussions for additional acquisitions in the Wireless, Internet and Entertainment sectors through a wide range of personal contacts."

An 8K was filed on February 7, 2014 stating that on January 30, 2014, the Company entered into two separate FUNDING AGREEMENTS, the first agreement jointly with ATMC, Inc. and JSJ Investments, Inc., and the second agreement with JSJ Investments, Inc.

Safe Harbor for Forward-Looking Statements: This news release includes forward-looking statements. While these statements are made to convey to the public the company's progress, business opportunities and growth prospects, readers are cautioned that such forward-looking statements represent management's opinion. Whereas management believes such representations to be true and accurate based on information and data available to the company at this time, actual results may differ materially from those described. The company's operations and business prospects are always subject to risk and uncertainties. Important factors that may cause actual results to differ are and will be set forth in the company's periodic filings with the U.S. Securities and Exchange Commission.

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