SOURCE: Ingen Technologies, Inc.

Ingen Technologies, Inc.

April 23, 2014 08:30 ET

JSJ Investments Inc. Directing Round-II Funding for Ingen Tech's Telecom Division

2014 Continues to Be a Stellar Year for Ingen

RIVERSIDE, CA--(Marketwired - Apr 23, 2014) - Ingen Technologies Inc. (PINKSHEETS: IGNT) Chairman of the Board, Gary Tilden, announced that the telecom division, ATMC, is expected to receive the second round of funding from JSJ Investments in the near term.

This funding is a part of a long range funding program approved by JSJ, ATMC, and Ingen management to fund ATMC's ability to generate new revenues from the International Wireless Telecom market on routes that have proven viable to be utilized by major carriers.

Mr. Tilden commented, "We are very pleased with the work done by the ATMC team to expand revenue opportunities with a number of International Telephone Providers who have developed long standing business relationships with ATMC over many years."

"This second round of financing comes at a time when Ingen has successfully completed its evaluation of the initial JSJ funding that was successfully deployed to test and market new routes for some of the major telecom providers throughout the world."

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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