IGEN's Nimbo
Tracking and Peak Performance Team launches Nationwide Dealership
Program
First Master Purchase order
received for 1500 new vehicle
activations
Lake Elsinore, CA -- December 7, 2021 -- 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 launch of a nationwide Dealership Program
between IGEN's Nimbo Tracking and Peak Performance Team.
With the initial launch, the first Master Purchase order for
1500 new vehicle activations takes effect through IGEN's Nimbo
Tracking distribution channels and "FamilyShield" services offered
to automotive consumers across the Peak Performance Team Dealership
Network.
"The Peak Performance Team (PPT) is a nationwide organization
and industry leader in providing protection products, lending,
technology, and training to dealerships across 28 States and
Markets. The Peak Performance Team serves more than 450 franchise
and pre-owned automotive dealerships with tens of thousands of
vehicles bought and sold each month," said Michael Burgholzer,
President of Peak Performance Team.
"The Peak Performance Team organization is our newest
distributor and channel partner with proven capabilities and
expertise in working with automotive dealerships and insurance
companies. We are delighted with the opportunity to develop a
comprehensive program which takes advantage of IGEN products and
services across multiple consumer segments," said Abel Sierra, VP
& GM of IGEN Networks Corp."
About IGEN Networks Corporation
IGEN Networks Corporation provides peace-of-mind to automotive
consumers and their families through direct access to
Internet-of-Things (IoT) cloud-based services that include Stolen
Vehicle Protection, Real-time updates on asset health and Driver
Behavior.
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
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:
Neil G. Chan
IGEN Networks Corporation
Email: info@igennetworks.net
Call us: (855)912-5378