iGen Networks Corp (IGEN)

[digger1]

IGEN Networks Corporation Provides Update,


on Product Portfolio Company


2012-06-07 09:15 ET - News Release


WASHINGTON, DISTRICT OF COLUMBIA -- (MARKET WIRE) -- 06/07/12


IGEN Networks Corporation, ("IGEN" or "the Company") (OTCQB:IGEN), the industry leading technology accelerator, today provided an update on new developments with one of its product portfolio companies, Gogiro Internet Group ("Gogiro"). Gogiro is a leading provider of cloud-based IT services for small businesses.

IGEN is pleased to announce that Gogiro has continued its expansion of regional coverage across North America with the latest offices opening in Oklahoma City; Birmingham, Alabama; Edmonton, Alberta; and Northern British Columbia. With these four additional locations, Gogiro's distribution network now covers 22 regional markets.

In addition, Gogiro is launching its new platform for small business referred to as "Business Central". Built on a state-of-the-art cloud platform, Business Central provides small businesses with easy-to-use contact management and online billing, with full synchronization to their website, lead generating tools, and Google Apps suite of Gmail, drive/docs, calendar, and Google+ -- all from a single location. Business Central is the next generation, simple-to-use, self-provisioning IT service platform for enabling small business owners to fully manage their business and customers from both desktop and smartphone.

"We're delighted to see these developments in our product portfolio company," said Neil Chan, IGEN's Chief Executive Officer. "Gogiro correctly identified small businesses across North America, and in particular their needs for smart, affordable IT services, as a vastly underserved market. Now they have developed a new solution that makes day-to-day business easier than ever to manage. With this new platform and the continued opening of new and strategically chosen locations, Gogiro is poised for the kind of growth that we have been anticipating."

About IGEN Networks Corporation

IGEN invests capital and management expertise in technology companies in complementary business areas. IGEN drives growth and optimizes profitability for technology companies that are providing products and services in industries that are experiencing large global growth: specialized wireless broadband infrastructure, cloud-based Software-as-a-Service (SaaS), and Machine-to-Machine (M2M). With a focus on accelerating companies to the next level through a combination of capital and hands-on management, IGEN is not just an investor in companies: it is a builder.

IGEN is a fully reporting company in both Canada and the United States, where it is publicly traded on the OTC market and quoted on the OTCQB. For more information, visit www.igen-networks.com.

About Gogiro Internet Group



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Ron W. Loudoun

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349 West Georgia Str.
PO Box 3381
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V6B 3Y4

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