IGEN
Networks
and
T-Mobile for
Business
launches
Co-branded
Medallion
GPS for Light Commercial
Fleets
Medallion GPS
for Light
Commercial
Fleets
sold
and marketed
through
T-Mobile Business
Channels
Lake Elsinore, CA
-- June 8, 2021 -- InvestorsHub NewsWire
-- IGEN
Networks
Corporation
(OTCQB:
IGEN, CSE:
IGN), a leading innovator of Cloud-based and Internet of
Things (IoT) solutions, today announced
the
launch of
its
Co-branded Medallion GPS
service
platform designed
for
Light Commercial Fleets and to be sold and
marketed
through
the
T-Mobile
Business
Small-to-Medium
Business(SMB)
Sales Force
located
across all US
markets.
"We are pleased to have completed the final step
of
the T-Mobile
Partner Program for launch of Medallion GPS
service
platform designed for managing Light Commercial
Fleets. According to Statista,
this segment of the
commercial fleet industry produces more than 6M new vehicles annually in North America, with more than
half
comprised of
passenger
vehicles. It represents the least penetrated market segment of commercial
fleet
solutions for reasons of high costs and
complexity," said Neil G
Chan, CEO
of IGEN Networks Corp. The Co-branded
T-Mobile
Business
and Medallion GPS
service
platform is significantly
more cost
effective
and simpler to use compared to
existing fleet
solutions. Combined
with
IGEN's patented "Digital Telematics
Signature", the Medallion GPS
platform offers a powerful tool
for
measuring driver
behavior, lowering insurance
costs, and
generating a greater return-on-investment(ROI) for the fleet
owner."
About
the
T-Mobile
Partner
Program
The T-Mobile Partner
Program is
a comprehensive program to support
T-Mobile's Small and Medium
size
business channels
through
a full-service
portal, social marketing tools to
drive
demand, and co-branding material to support the sales and
marketing of partner
products
and services. Facilitated by
the
Hyperion Partners relationship,
Medallion GPS powered by IGEN is
now
sold
over the T-Mobile
Network by the T-Mobile Business Sales Force.
For more information
please
visit:
www.nimbotracking.com/t-mobile
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
families. 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
About
Hyperion Partners
Hyperion Partners
LLC (www.hyperionpartners.net)
is a full-service business
development and technology
consulting firm specializing in
mobility. Founded
in 2012,
Hyperion brings to bear decades of executive and functional
expertise spanning wired and
wireless
carriers, OEMs, manufacturing,
logistics,
channel development, sales,
marketing,
business development and consulting. Hyperion focuses
on
the
generation
of revenue for their clients and partners through delivery of
customized solutions, the
creation
of new customers, the formation of
strategic
relationships and the
commercialization of products and services.
They offer dedicated care and
technical
support
through the ordering, activation, and implementation processes.
Hyperion Partners acts as a
consultant
to customers and partners to
ensure
their customer gets the most practical,
affordable, and complete
solution possible.
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
Email:
info@igennetworks.net
Call us:
(855)912-5378