iGen Networks Corp (IGEN)

[JMMatthews]

CEO Neil G. Chan stated, "This Equity-Line was structured with favorable terms for IGEN, with sole discretion on timing and share price. It's the least dilutive and most flexible mechanism for raising capital over the long-term. We are now well capitalized to fund our key initiatives for both the automotive consumer and commercial fleet markets. Along with increasing our sales channels with our Resellers and Key Channel Partners that include the Michigan Credit Union League Service Corporation (MCULSC) and County Executives of America, IGEN will further invest in the development of our driver behavior algorithms and platforms."

IGEN $$$