IGEN Networks Corporation
OTCQB : IGEN
CNSX : IGN

IGEN Networks Corporation

December 09, 2015 09:30 ET

IGEN Networks Launches NimboFleet.com; Industry's First-Self-Provisioning Fleet Management Platform for Commercial Fleets

MURRIETA, CALIFORNIA--(Marketwired - Dec. 9, 2015) - IGEN Networks Corp. (the "Company" or "IGEN") (OTCQB:IGEN)(CSE:IGN) is launching the industry's first self-provisioning fleet management service designed specifically for commercial fleet owners and management of their assets. Nimbofleet.com provides all the needed features for small fleet owners to improve productivity of their business through real-time tracking, detailed reporting on driver events, traffic routing, and vehicle maintenance information at price points that make it compelling for the small fleet owner.

Neil G. Chan, President and CEO of IGEN, stated, "About 70% of commercial fleets continue to be underserved, primarily due to perceived complexity and costs. IGEN, through its Nimbofleet.com brand, will be the first to break-down these barriers for the small fleet owner." CEO Chan continued, "Due to advancements in technologies that we provide, a small fleet owner will now be able to order their product, install their product themselves, and use it with minimal training at a price point that doesn't break the bank."

CEO Chan added, "With the addition of our Nimbofleet.com, IGEN has effectively utilized our experience in the consumer automotive industry and applied the principles of simplicity and value to three distinct platforms that serve multiple market segments that include Consumer Automotive New Car Industry, BHPH or Pre-owned Car Industry, and Commercial Fleets."

About IGEN Networks Corporation:

IGEN Networks Corporation invests in and manages companies that deliver cloud-based services through Machine-to-Machine (M2M) device technologies for the protection and management of mobile assets and commercial fleets. The Company offers a range of self-provisioning applications which are used to manage and recover stolen assets, provide access to roadside assistance programs, and improve productivity of commercial fleets.

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.igen-networks.com.

Forward-Looking Statements

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.edgar.com). 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.

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