IGEN Networks Corporation launches
Medallion GPS PRO for Medium to Heavy Duty Commercial
Fleets
IGEN's Medallion GPS PRO will be
offered exclusively to Counties, State, and the Federal Government
with its patented Driver Telematics Signature for Driver Safety and
Performance Scoring
Lake Elsinore, CA -- March 21, 2022 -- InvestorsHub NewsWire
-- IGEN Networks Corporation (OTC:
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 Medallion GPS PRO developed to meet
the extensive needs of Medium-to-Heavy Duty commercial fleets
deployed throughout Counties, States, and the Federal
government. Medallion GPS PRO is
IGEN's next level of commercial fleet applications that utilizes
the extensive data systems inherent within heavier commercial
vehicles. Medallion GPS PRO will
offer IGEN's patented Driver Telematics Signature
(Patent No.
11,037,378) algorithms for managing driver
performance and safety through a proprietary measurement system
that is unmatched in the commercial fleet industry. Medallion GPS
PRO based on 5G technology includes:
*Real-time updates measured in seconds for the management of
commercial fleets
*The ability to support an unlimited number of landmark
locations for large-scale deployment of Point-of-Delivery (POD) and
Routing Services
*Full connectivity to support 85-660 PGN parameters –
essentially the support of all data parameters generated from
Medium-to-Heavy Duty vehicles
*The support of 10 temperature zones for complex
refrigeration applications
*Measurement of emissions and carbon footprint emitted from
active vehicles
*Automated Hours-of-Service for driver safety and conformance
to regulatory standards
*Artificial Intelligence (AI) based camera systems providing
real-time management and monitoring
tools to protect the driver and vehicle
assets
*Patent-protected driver scoring system for measuring driver
performance and safety
"With both platforms Medallion GPS and Medallion GPS PRO,
IGEN is now positioned to offer best-in-class solutions to address
the complete range of Light-Medium-Heavy commercial fleet
requirements, said Neil G Chan, CEO of IGEN Networks Corp. "The
diversity of government fleets along with the self-insurance of
many County and State assets creates an excellent fit with our
broad range of technologies including our patented "Digital
Telematics Signature", a powerful tool for assessing actuarial
risk, performance, and safety of commercial 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
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