IGEN Networks Corporation and
County Executives of America extends Partnership
Agreement
IGEN's Medallion GPS Platform will
be offered exclusively to member and affiliated Counties for an
additional three years
Murrieta, CA -- February 1, 2022 -- InvestorsHub NewsWire
-- IGEN Networks Corporation (OTCQB:
IGEN, CSE:
IGN), a leading innovator of cloud-based and Internet of Things
(IoT) solutions for the protection and management of mobile assets,
today announced the extension of its partnership agreement with the
County Executives of America (CEA) for an additional three
years. The extended agreement facilitates the recently
announced GSA Multiple Award Schedule Contracts with the exclusive
endorsement from the County Executives of America. The County
Executives of America represent more than 700 member Counties
across the US with an estimated 350,000 Light Commercial Fleet
assets.
IGEN's Medallion GPS is a Fleet Management Platform designed for
the Light Commercial Fleet owner who requires asset management
tools at lower costs. The system is organized around both
asset and driver with dispatch capabilities, automated reporting,
maintenance, diagnostics reporting, and driver behavior scoring
built on a Nationwide AWS Cloud-based infrastructure.
Medallion GPS incorporates IGEN's patented "Digital Telematics
Signature", offering greater accuracy for measuring and scoring
driver behavior across diverse fleets.
"With both the CEA's exclusive endorsement along with the GSA
Multiple Award Schedule Contracts, IGEN now has direct access to
Counties, State, and Federal Government Fleet Management
opportunities across the US," said Neil G Chan, CEO of IGEN
Networks Corp. The diversity of these assets along with the
self-insurance of County assets creates an excellent fit with our
patented "Digital Telematics Signature", a powerful tool for
assessing actuarial risk of County assets and their drivers."
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 drivers. IGEN is a fully reporting company in both
Canada and the United States. It is publicly traded on the OTC
Markets under the symbol IGEN, and listed on the CSE under the
symbol IGN. For more information, please visit: www.igennetworks.net
About County Executives of America
County Executives of America's mission is two-fold: To
help county governments serve the American people in the most
responsive, most efficient way by acting as a national voice for
its leaders and representing its interests on all levels of
government. To develop, promote, and preserve the core
philosophy of federalism and devolution.
CEA began as a league formed by county executives who believed
that the job as the chief elected officer of a county was too
important to overlook. Their initial desire to create an alliance
that would assist county officers in executing their duties sparked
a dramatic evolution that produced today's association. CEA's
current membership includes County Executives, County Judges,
Parish and Borough Presidents, City-County Mayors, Commission
Presidents and Chairs, and all county leaders elected at-large by
the public constituency.
A long-time affiliate group of the National Association of
Counties, CEA has operated as an independent organization since
1994. With its headquarters in Washington D.C., CEA brings together
top-level local officials to discuss and determine policy on
wide-ranging issues that affect local governments and the people
they serve.
CEA also provides a voice at the national level among the
various policy making representatives including members and staff
of the United States Congress, officials in the Executive Branch at
both the federal and state government level and various interest
groups and associations based on Capitol Hill.
CEA is governed by a Board of Directors and selected Executive
Officers. The Board President is elected and serves two-year
terms. For more information, please visit:
www.countyexecutives.org
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.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.
Contact:
IGEN Networks Corporation
Neil G. Chan
info@igennetworks.net
1(855)912-5378