Nimbo LLC, an IGEN Networks Company, to Launch New Automotive Wireless Services Platform at The SEMA Show From November 3-6
2015年10月27日 - 10:30PM
Nimbo LLC, a wholly owned subsidiary of IGEN Networks Corp (the
"Company" or "IGEN") (OTCQB:IGEN) (CSE:IGN), announces it will
exhibit at The SEMA Show next week from November 3 to November 6,
2015 at the Las Vegas Convention Center and launch its new
automotive wireless services platform. The SEMA Show is the premier
automotive specialty products trade event in the world that
attracts more than 100,000 industry leaders from more than 100
countries. Attendees are invited to visit Booth #11822 in the
North Hall Mobile Electronics Section, a location with historically
heavy traffic.
At the show, Nimbo LLC will launch a new platform targeted for
the buy-here-pay-here (BHPH) market. Nimbo BHPH is a platform
designed to serve the pre-owned automotive industry with over
25,000 used vehicle dealers across the United States. Buy Here
Pay Here refers to a method of running an automobile dealership in
which dealers themselves extend credit to purchasers of
automobiles. Typically, purchasers of cars at BHPH
dealerships have poor credit history, and loans have high interest
rates. BHPH can provide options for those unable to
meet credit standards elsewhere.
With the addition of Nimbo BHPH, IGEN Network Corporation now
offers a complete range of wireless services for the consumer
automotive industry and its dealer channels that includes:
- New Car or Franchise Dealers
- Pre-owned Car Dealers
- Commercial and Automotive Fleets
Neil G. Chan, President and CEO of IGEN, stated, "SEMA has been
instrumental in establishing several of our largest distribution
channels for the consumer automotive industry. We are using this
event to launch a new platform, showcase upgraded products, and
provide orientation for our recently acquired channel partners
along with sales staff representing Verizon Wireless."
It is also noted that an interview with Mr. Chan was conducted,
transcribed and posted late last week. To view, please visit
http://www.equities.com/spotlight/spotlight-companies/exclusive-interview-igen-networks-ceo-neil-chan-discusses-their-plans-and-the-future-of-real-time-services-available-to-the-consumer-automotive-industry
Finally, a video that demonstrates Nimbo's SVR (Stolen Vehicle
Recovery) platform can be viewed at:
https://vimeo.com/103187377
About The SEMA Show:
The SEMA Show is the premier automotive specialty products trade
event in the world. It draws the industry's brightest minds and
hottest products to one place, the Las Vegas Convention Center.
As part of the Automotive Aftermarket Industry Week (AAIW),
the SEMA Show attracts more than 100,000 industry leaders from more
than 100 countries for unlimited profit opportunities in the
automotive, truck and SUV, powersports, and RV markets. SEMA
Show 2014 drew more than 60,000 domestic and international
buyers. SEMA stands for Specialty Equipment Market
Association.
About Nimbo LLC
Nimbo LLC provides robust wireless M2M solutions that create
peace of mind across industries, specializing in providing
integrated GPS tracking and vehicle warning solutions for various
markets including Automotive, Power Sport, Subprime Automotive and
Power Sport Finance, Fleet Vehicles, Emergency Vehicles, and Law
Enforcement. For more information, visit
www.nimbollc.com.
About IGEN Networks Corporation:
IGEN Networks Corporation invests in and manages companies that
deliver cloud-based services through Machine-to-Machine (M2M)
device technologies for the protection and management of mobile
assets and commercial fleets. The Company offers a range of
self-provisioning applications which are used to manage and recover
stolen assets, provide access to roadside assistance programs, and
improve productivity of commercial fleets.
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.igen-networks.com.
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", "potential", 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.edgar.com). 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: Corporate Inquiries:
IGEN Networks Corporation
Attn: Richard Freeman
1 (888) 244-3650
rfreeman@igen-networks.com
www.igen-networks.com
Media and Sales Contacts at the Show:
Joseph Kovach or Bill Boyles
1-855-912-5378 ext. 1002
jkovach@nimbollc.com
bboyles@nimbollc.com
Investor Relations:
Green Chip Investor Relations:
Attn: Matt Chipman
1 (818) 923-5302
IGEN@GreenChipIR.com
www.GreenChipIR.com
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