iGen Networks Corp (IGEN)

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IGEN Launches Product Line through T-Mobile IoT Market PlacePress Release | 11/10/2020



IGEN Launches Product Line through T-Mobile IoT Market Place

- Ecommerce Platform for the Online Marketing of IGEN's Business Solutions

PR Newswire

LAKE ELSINORE, Calif., Nov. 10, 2020


LAKE ELSINORE, Calif., Nov. 10, 2020 /PRNewswire/ -- IGEN Networks Corporation (OTCQB: IGEN) (CSE: IGN), a leading innovator of Cloud-based and Internet of Things (IoT) Automotive Solutions for the protection and management of mobile assets, today announced the launch of all three business brands: Nimbo Tracking, CU Trak, and Medallion GPS PRO through the newly created T-Mobile IoT Market Place -Ecommerce platform enabling commercial and enterprise customers to explore, select and rapidly deploy finished IoT solutions according to their unique needs.

https://iotmarketplace.t-mobile.com/solutions/?filters=solution-type[asset-tracking]

Nimbo Tracking is a solution designed to be pre-installed into all vehicles on the dealership lot, providing a unique and value-added inventory and lot management capability. Upon sale of the vehicle, the customer has the option to purchase the Nimbo Tracking device and prepay for multiple years of service on IGEN's application platform, providing valuable security, vehicle tracking, systems status and driver behavior services to vehicle owners. Doing so provides a high value service to the consumer and an added profit center for the dealership.

CU Trak offers a unique solution for the Credit Unions and their Members. By deploying CU Trak as part of the underwriting process, credit unions are able to finance more of their members with higher-risk credit scores while offering lower down payments and improved overall loan performance. This allows more credit union members to receive the vehicle loans they need for work and mobility while enjoying the benefits of user-friendly mobile apps for vehicle tracking and location records, security, real-time alerts, and driver behavior data, as part of the ongoing services package. CU Trak will be sold as a three-year hardware and monitoring services bundle targeting approximately 2,500 credit unions in key markets.

Medallion GPS PRO is a Commercial Fleet Management Platform designed for the Light Commercial Fleet owner, with compelling features and services at lower costs and emphasis on ease-of-use. The system is organized around both asset and driver with dispatch capabilities, automated reporting, maintenance, diagnostics reporting, driver behavior scoring, along with video tutorials on demand that are built on the AWS Cloud-based infrastructure. Medallion GPS PRO includes the patented "Digital Telematics Signature", offering greater accuracy in measuring and scoring driver behavior across diverse fleets, which serves as a powerful tool for assessing actuarial risk of assets and their drivers.

"The offering of all three of our commercial brands through the T-Mobile IoT Market Place along with leveraging T-Mobile's Ecommerce expertise, IGEN products and services are now available to a broader audience and have greater access to dealerships, credit unions, and fleet owners across the US," said Abel Sierra, VP Business Development and General Manager.

About IGEN Networks Corporation

IGEN Networks Corporation creates software services for the consumer automotive and asset management industries. The solutions enable consumers and customers to mitigate risk, protect their families, improve productivity and actively manage their automotive and commercial assets.

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