IGEN and Prolog announces
Integration of Products and Services for US Government and
Commercial Fleet Markets
Lake Elsinore, CA –- November 15, 2022 –- InvestorsHub NewsWire --
IGEN Networks Corporation (OTC:
IGEN, CSE:
IGN), a leading innovator of Internet of Things (IoT) solutions
for the consumer automotive and commercial fleet industries, today
announced the exclusive partnership with Prolog, a global provider
of supply chain and logistics solutions and services. IGEN
and Prolog have established this partnership to integrate their
commercial products and services to address the broader technology
and solutions requirements of US Counties and the Federal
Government.
Neil G. Chan, CEO of IGEN stated, "With both the County Executive
of America (CEA) exclusive endorsement and our GSA/VA Schedule
contract status that includes Pennsylvania, Michigan, New York
City, New York State, Tennessee, and California, we have recognized
that the Counties may require additional solutions to manage
logistics and supply chain challenges inherent within large
government organizations. Prolog, which has worked with the
principles of IGEN over the past 10 years, is a global leader and
provider of logistics and supply-chain management solutions to over
1200 clients, 80 distribution centers and warehouses, with over
250,000 commercial vehicles under management. Our
exclusive partnership with Prolog now makes IGEN uniquely qualified
to provide a full range of IoT solutions and services to our
government and commercial fleet customers."
Juan Ignacio Avila, CEO of Prolog stated, "We are excited with the
opportunities of this partnership with IGEN. Prolog has
proven its leadership in providing comprehensive logistics,
supply-chain, maintenance, and management solutions to some of the
largest and most complex organizations in Mexico, Spain, and
Central America. The partnership with IGEN will enable Prolog
to apply its technology expertise and experiences to the US markets
along with participating in the growth of our businesses
together."
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 drivers. IGEN is a fully reporting company in both
Canada and the United States. It is publicly traded on the OTC
Markets under the symbol IGEN, and listed on the CSE under the
symbol IGN. For more information, please visit: www.igennetworks.net
About Prolog
Prolog is a technology development and logistics consulting company
with over 25 years of experience in the development of
supply-chain, logistics, telematics, and asset management
solutions. Prolog operates in Mexico, Spain, and Central
America with more than 1200 clients, 80 distribution centers, and
250,000 vehicles utilizing its asset management
platforms.
For more information,
please visit:
www.prolog.com.mx
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
Neil G. Chan
info@igennetworks.net
1(855)912-5378