iGen Networks Corp (IGEN)

[Stock_Investor1]

IGEN Patent Details

Thanks for pointing to the last PR. Yes it does explain the patent and its uniqueness in the Telematics competition. This is Huge!!!!!!!! IMO

The Digital Telematics Signature (DTC) is IGEN’s patented proprietary algorithm for measuring driver
behavior for both commercial and consumer markets regardless of the data sources. Whether driving in
high-density traffic or at high speeds over the expressway, the data is normalized across a relatively
large sample to create a consistent and accurate driver score based on actuarial metrics. With
programmable weighting of driving events such as speed, sudden-braking, harsh-turns, traffic flow, and
vehicle profiling, a “DTC” or weighted score is created over an extended period-of-time.
“Representing a culmination of several years of development, IGEN’s “DTC” is incorporated in its latest
mobile app along with real-time alerts for both the consumer their family,” said Neil G. Chan, CEO. “In
providing Peace-of-Mind for parents, the “DTC” score becomes a valuable tool for managing teenage
driving habits…eventually we believe consumers and their families will opt to provide access of this
information to insurers and underwriters for reduction in premiums. Presently there are several major
insurers who offer as much as 30% discount on insurance premiums if the consumer agrees to be
tracked from their phone or through a GPS device. IGEN is taking the data analytics to the next level.”