iGen Networks Corp. (OTCQB: IGEN) (CSE:IGN) Breaking News -
August 22, 2017
Increase in Pre-Load Sales at Franchise New Car Dealerships Leads to Record Q2
Results with Operational Milestone Achievements
MURRIETA, CA -- (Marketwired) -- August 22, 2017 -- IGEN Networks Corporation
(OTCQB: IGEN) (CSE:
IGN), a
Company that offers peace-of-mind to automotive consumers and their families
through the protection and management of their mobile assets, is pleased to
announce the filing of its second quarter Q2-2017 financials along with
operational milestones completed in during the quarter. A conference call led by
CEO Neil Chan will occur after the close of trading today at 1:15 pm PST / 4:15
pm EST to discuss results in more detail. All interested parties are welcome,
and call instructions are provided at the end of this release.
Over the last 14 months, IGEN’s wholly-owned subsidiary Nimbo Tracking has
targeted new car franchise dealerships to include its product in every car that
is delivered to the lot (The “Pre-Load” Model). This aftermarket product allows
dealerships to identify and manage all vehicles in its inventory as the vehicles
are sold through the dealership channel to the consumer.
Upon purchase of a new vehicle, the product is provisioned for the consumer
offering smartphone accessibility to a broad range of programable real-time
alerts including theft, break-in of the vehicle, location records, boundary
alerts, driver behavior (speeding, rpm, hard-breaking), and even the health of a
vehicle’s battery. These aftermarket services are sold as Stolen Vehicle
Protection Plus (SVR+) as one to three years bundled services. 
To date, Nimbo Tracking products and services (
www.nimbotracking.co ) have been
provisioned across most OEM brands that include imports like Honda, Toyota,
Nissan; luxury brands that include Lexus, Porsche, Lamborghini, Audi, BMW; and
domestic brands that include Chevrolet, General Motors, and Ford. Nimbo Tracking
products are also compatible with all pre-owned vehicles regardless of year or
brand.
Financial results and milestone achievements for the quarterly period ended June
30, 2017 include the following:
• In addition to Verizon, IGEN’s has initiated activations with Sprint to
broaden its carrier base for large volume activations and airtime cost
reductions.
• The Company continues to add pre-load new car dealership clients and is
currently trial testing its products and software at several dealership groups
across the US. Increased staffing announced earlier this year in California and
the opening of a new sales office in Charlotte, NC is beginning to demonstrate
progress.
• IGEN has formally launched product development programs that include upgrades
to mobile apps along with further development of next generation services for
the consumer automotive industry.
• Third-party developer MC3 was hired to further develop IGEN’s software
platforms, effectively tripling product development resources for the company.
• Quarterly revenues were $398,123 compared to $178,087 for the same period last
year representing a gain of 123.5%.
• Six-month revenues were $721,510 compared to $452,094 for the same period
representing 63% growth for the first half of the fiscal year.
• Gross profit was $156,739 compared to $77,775 for the same period last year
representing an improvement of 101.5%.
• Gross margins were 40% in the quarter, down slightly from 41% in the previous
quarter but up from 34.5% for the previous fiscal year.
• Net loss was $126,716 (before employee stock options) compared to $211,803 for
the same period last year representing an improvement of 59.8%.
• To reduce costs and streamline its financial reporting, IGEN has closed its
Vancouver office and will shift financial duties to staff at its Murrieta, CA
office.
• IGEN’s corporate website at http://igen-networks.com has just been upgraded in
preparation of new product launches in 2017. The Company welcomes interested
parties to visit the corporate home page and download its fact sheet, a recent
research report, or updated research comments.
CEO Neil Chan stated, “I am pleased with the growth and direction of IGEN
Networks. Based on continued progress with franchise pre-load dealership
clients, we are confident that IGEN Networks is positioned to achieve our goals
for this fiscal year.” Mr. Chan added, “Operational improvements and product
roadmap demonstrate IGEN is well positioned to take a leadership role in the
burgeoning IoT consumer automotive industry.”
Today’s conference call to discuss Q2 results and milestone achievements will
begin promptly today at 1:15 pm PST / 4:15 pm EST. Callers from the United
States should use (310)372-7549 and access code 150727, and from Canada may use
(778)819-8331with same access code. If you have a question that you would like
answered, please email matt@greenchipir.com with your questions or text to
(310)709-5646 at least one hour prior to the start time and we will try to have
them answered. You may request a recording of the call at the same email or text
number.
About IGEN Networks Corporation:
IGEN Networks Corporation provides peace-of-mind to automotive consumers and
their families through direct access to Internet-of-Things (IoT) cloud-based
services that include Stolen Vehicle Protection, Real-time updates on asset
health and Driver Behavior.
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
http://igen-networks.com and
www.NimboTracking.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”, 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:
Corporate Inquiries:
IGEN Networks Corporation
Neil Chan
1(888)244-3650
neilchan@igen-networks.com
www.igen-networks.com
Investor Relations:
Green Chip IR
Matt Chipman, President
1(818)923-5302
matt@greenchipir.com
Source: IGEN Networks Corp.
-------------------------------------------------------------------------------------
RECENT iGen Networks Corp. NEWS
IGEN Networks Files Q1 Report and
Announces Quarterly Highlights
Upcoming Events: IGEN's Nimbo Tracking to Sponsor AE Agent Summit and CEO to
Present at LD Micro Invitational
MURRIETA, CA -- (Marketwired) -- 05/23/17 -- IGEN Networks Corporation
(OTCQB: IGEN) (CSE:
IGN), a
Company that offers a range of cloud-based wireless IoT solutions with a focus
on asset management and tracking for the automotive dealership industry,
announces that it filed its first quarter 2017 financials. In addition, IGEN's
Nimbo Tracking will attend & sponsor the AE Agent Summit May 21-24 at the Paris
Hotel in Las Vegas, and CEO Neil Chan will present at the 7th Annual LD Micro
Invitational that takes place in Los Angeles, CA June 6-7.
Notable achievements for the quarterly period ended March 31, 2017 include the
following:
- On January 17, 2017, IGEN announced a new nationwide marketing initiative for
increased exposure of Nimbo Tracking's solutions through Verizon Wireless' B2B
channels to automotive dealerships across the United States.
- On March 7, 2017, the Company announced receipt of new orders for its
pre-loaded automotive dealership product and services, and expansion of Nimbo
Tracking's sales force that includes increased staffing in California and the
opening of a new sales office in Charlotte, NC.
- Quarterly revenues were $323,376, an improvement of 3% over the previous
quarter and 18% increase from the same period in 2016. Gross profit of $133,567
was an improvement of 49% over the previous quarter.
- Gross margins were 41%, up from 29% in the previous quarter and 34.5% for all
of 2016
- There was a net loss of $234,761, reflecting an 18% improvement over the
previous quarter.
CEO Neil Chan stated, "We continue to see growth in revenues and are
particularly pleased with the significant improvement in gross margins." Mr.
Chan added, "We are on track to achieve our 2017 goals of converting dealership
groups to our pre-load model and to achieve profitability by year end 2017."
IGEN subsidiary Nimbo Tracking will attend and sponsor the AE Agent Summit 2017.
Designed exclusively for automotive general agents, the goal of this event is to
educate top GAs on the latest training techniques, trends and challenges to help
them better serve their dealer clients.
The 7th Annual LD Micro Invitational will highlight some of the best names in
the micro-cap space. IGEN Networks will present and attend the conference. More
information can be found at www.LDMicro.com.
About IGEN Networks Corporation
IGEN Networks Corporation is a service provider that delivers cloud-based
services for the protection, management, and improved productivity of consumer
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.igen-networks.com and
www.NimboTracking.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", 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:
Corporate Inquiries:
IGEN Networks Corporation
Richard Freeman
1(888)244-3650
rfreeman@igen-networks.com
www.igen-networks.com
Investor Relations:
Green Chip IR
Matt Chipman
President
1(818)923-5302
matt@greenchipir.com
Source: IGEN Networks Corp.
IGEN Networks Files Q1 Report
and Announces Quarterly Highlights
MURRIETA, CA -- (Marketwired) -- Mar 7, 2017 -- IGEN Networks
Corporation (OTCQB: IGEN)
(CSE: IGN), is
pleased to announce that in February it received orders from new pre-load car
dealership accounts, further expanding its customer base, and resulting in Nimbo
increasing staff of its West Coast office. In addition, the Company opened a new
sales office in Charlotte, North Carolina to cover the Eastern and Central
United States. These expansions will support and accelerate existing growth, and
permit increased nationwide engagement with our Verizon Wireless lead sharing
program.
Increased dealership orders were received through Millennium Dealer Services,
Inc. (MDS), a Nimbo channel partner based in Corona, CA (www.foryournewcar.com).
MDS is a premier Southern California Car Dealer Expeditor, selling and
installing aftermarket products, services and warranties to car dealerships in
South LA County, Orange County, and the Inland Empire. MDS has a combined 60
years of sales experience and over 20 years of mobile electronic installation
experience, and to date has installed more than 3000 Nimbo-activated units,
achieving a recent milestone of more than 500 activations per month.
Nimbo Tracking's expansion into the Charlotte, North Carolina area provides an
ideal base for marketing Nimbo solutions to franchise dealerships in that region
and along the Eastern seaboard. Charlotte Uptown is best known for the NASCAR
Hall of Fame and avid support of auto racing - it's no surprise that this area
has a high concentration of car enthusiasts and large new car dealerships.
CEO Neil Chan stated, "We are continuing to see dealerships gravitate toward our
Pre-load model of deployment - where all vehicles are activated on the
dealership lots prior to being sold to consumers. There are significant
advantages for new car dealers through this platform, including our dedicated
Inventory Management solutions and Stolen Vehicle Recovery (SVR) system. Of
course, we benefit as well, since every vehicle that arrives at a dealership
under contract is installed with our system."
Mr. Chan concluded, "In working with proven expeditors like MDS, and continuing
to grow and strengthen our sales and distribution channels, we are also able to
further support and strengthen our channel partnership with Verizon Wireless."
About IGEN Networks Corporation
IGEN Networks Corporation invests in and manages companies that deliver
cloud-based services through Internet-of-Things(IoT) device technologies for the
protection and management of mobile 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.igen-networks.com and
www.NimboTracking.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", 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.
Corporate Inquiries:
IGEN Networks Corporation
Richard Freeman
1(888)244-3650
rfreeman@igen-networks.com
www.igen-networks.com
Investor Relations:
Green Chip IR
Matt Chipman
President
1(818)923-5302
matt@greenchipir.com
Source: IGEN Networks Corp.
IGEN Networks Files Q1 Report
and Announces Quarterly Highlights
MURRIETA, CA -- (Marketwired) -- Mar 7, 2017 -- IGEN Networks
Corporation (OTCQB: IGEN)
(CSE: IGN), is
pleased to announce the launch of a key marketing initiative for national
exposure with Verizon's Business-to-Business (B2B) channels. The new marketing
initiative will introduce Nimbo Tracking and its new car franchise solutions to
Verizon's national sales force that cover more than 12,000 franchise dealerships
across the United States.
Nimbo Tracking offers a GPS solution and software application that allows car
owners to track their vehicle in real time to safeguard against theft or
improper use. The Company's specialized applications, currently sold at new car
dealerships, increasingly come pre-loaded; a benefit to the buyer, the new car
dealer, and Nimbo Tracking.
Nimbo Tracking's marketing initiatives to date have successfully focused
primarily on Southern California. As part of Verizon's partnership program with
Nimbo Tracking for sharing of sales leads, Nimbo has successfully secured record
orders and product shipments over the last six months. Now that Nimbo Tracking
has successfully proven its pre-load model with dealership groups in Southern
California, its new national exposure initiative will allow Nimbo to target its
pre-loaded solutions to approximately half of all the new car franchise
dealerships across the country.
CEO Neil Chan stated, "This is a game changer. Most people are already aware of
the massive advertising program launched by Verizon for its aftermarket Hum
device targeted for the pre-owned vehicles." Chan continued, "This awareness and
new marketing initiative to new car franchise dealers should contribute to our
aggressive growth plan in 2017 and to our ability to land B2B contracts with
dealerships."
Representatives from Nimbo Tracking will also attend and participate in the
upcoming National Automobile Dealers Association (NADA) convention in New
Orleans from Thursday, January 26 through Sunday, January, 29. The NADA
Convention & Expo, held in the New Orleans Ernest N. Morial Convention Center,
is the world's largest international gathering of franchised new vehicle
dealers. It offers dealers the chance to meet face-to-face with major
automakers, provides dozens of workshops with the industry's best trainers, and
features hundreds of exhibitors showcasing the latest equipment, services and
technologies. Please contact Nimbo Tracking Director of Sales, Mr. Abel Sierra,
at (661)810-5672 if you wish to schedule a demonstration or would like to meet
at the event in New Orleans.
About IGEN Networks Corporation:
IGEN Networks Corporation invests in and manages companies that deliver
cloud-based services through Internet-of-Things(IoT) device technologies for the
protection and management of mobile assets and 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", 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.
Corporate Inquiries:
IGEN Networks Corporation
Richard Freeman
1(888)244-3650
rfreeman@igen-networks.com
www.igen-networks.com
Sales:
Nimbo Tracking
Abel Sierra
1 (855) 912-5378 x1001
asierra@nimbollc.com
www.nimbotracking.com
Source: IGEN Networks Corp.
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About iGen Networks Corp.:
Our Vision:
To solve real-world problems through the integration of Internet-of-Things (IoT)
device technologies, wireless data services, and a commitment to strategic
partnerships.
MISSION STATEMENT:
IGEN Networks Corporation (OTCQB:IGEN/CSE:IGN) IGEN deliverers cloud-based
services to protect and manage mobile assets that provide peace-of-mind for
consumers and their families. Through a broad range of self-provisioning
applications, consumers are empowered through direct access to real-time
information from their Internet-of-Things(IoT) enabled assets.
WHAT WE DO
IGEN works with privately held technology companies to help accelerate their
growth. We work closely with these companies through sourcing of management
expertise, capital, and expansion of distribution channels. We often describe
ourselves as an “invasive” technology accelerator, in that we take active
managerial roles to help mitigate operational risk and realize revenue growth
and capital appreciation.
A secondary part of IGEN’s business is negotiating distribution agreements with
relevant organizations and selling their products and services through the
distribution channels of our portfolio companies, or newly developed global IGEN
sales channels.
IGEN Networks Corporation (OTCQB:IGEN/CSE:IGN) delivers cloud-based services to
protect and manage mobile assets that provide peace-of-mind for consumers and
their families. Through a broad range of self-provisioning applications,
consumers are empowered through direct access to real-time information from
their Internet-of-Things(IoT) enabled assets.
Nimbo Tracking is a
technology leader in the use of GPS (Global Positioning System) technologies for
locating and tracking vehicles, trucks, and heavy equipment. And everything we
design and develop is done with our users in mind.
Development & Design
Our system was developed using the latest hardware. The software was designed to
create a user experience that would keep sales people selling, dispatchers
dispatching, and drivers driving. We want it to be a part of your business that
just works, so you don’t need to think about it.
Industry Solutions
Nimbo Tracking offers a variety of industry solutions, including Nimbo SVR
(Stolen Vehicle Recovery), Nimbo IMS (Inventory Management System), Nimbo BHPH
(Buy Here Pay Here) and Nimbo Fleet (Fleet Management).
The Channels We Serve
Automotive Industry
New and used car dealerships use our Nimbo IMS Inventory Management System, and
use the system to sell through to their customers, improving customer retention.
Power Sport Industry
Track your sport vehicle anywhere they can go. And you can track them from
anywhere you have an Internet connection. Protect your sports vehicles!
Fleet Industry
Nimbo Fleet provides tools for locating/tracking vehicles, helping dispatchers
and managers reduce costs and improve customer satisfaction. Reduce insurance
premiums (And tickets and accidents!) by monitoring driving behaviors like rapid
acceleration and hard braking. The system pays for itself!
Partnerships & Relationships
Our partnerships with device manufacturers and cellular network providers put us
at the forefront of the GPS tracking industry. Our solutions are best-in-class
as a result.
We Create Safety, Security & Peace of Mind
Get Started Today and Learn Why Nimbo Tracking Is Used By Thousands of People
Daily…
Enjoy the ability to cast a safety net over all of your vehicle with Nimbo
Tracking’s various service offerings & integrated platforms.
We empower our customers by providing them with the ability to actively protect
their vehicles at all times with our GPS Tracking Technology.
We offer Dedicated Technical Support and a 24/7 Call Center for Stolen Vehicle
Recovery, Roadside Assistance & Trip Concierge Service.
Our Stolen Vehicle Recovery System (SVR) Dealership Tracking Device offers an
interfaced GPS satellite tracking and GPRS cellular data transfer system, which
is the most advanced tracking & recovery system on the market.
SVR provides full nationwide coverage with dedicated Stolen Vehicle Recovery
Specialists only a phone call away 24/7/365. Our system uses the latest in
communication and database technology, combined with the power of Google Earth.
Our SVR Specialists are able to pinpoint the location of your vehicle and notify
local authorities. This expedites the recovery process, getting the stolen
vehicle back to you as fast as possible.
Insurance Discount Savings
Our Stolen Vehicle Recovery System provides the additional benefit in qualifying
you formoney car insurance discounts. Increasing numbers of insurance providers
offer discounts for drivers using our system. On average our clients save
between 10% – 30% on their car insurance premiums. Ask your insurance agent if
your policy qualifies.
SVR Platinum Offers Even More Protection
Our SVR PLATINUM System not only provides around the clock safety & security for
you, your loved ones, and assets, wherever, whenever you need it. We have
created an unparalleled Stolen Vehicle Recovery + Family Safety and Asset
Protection System.
Roadside Assistance Protection Plan
Our Roadside Assistance Protection Plan provides the following coverage:roadside
Flat Tire Assistance – Have a service professional change your flat.
Fuel Delivery – Out of Gas? Have 3 gallons of gas delivered to your location.
Dead Battery – Have your vehicles battery jump started.
Towing– Have your car towed to a qualified professional mechanic.
Lock-out – Up to $100 for a locksmith to unlock your vehicle & retrieve your
keys.
24-Hour Emergency Assistance – Send a message home to your loved one’s during
bad weather, or when your car is disabled.
Concierge Trip Planning Services
Planning a vacation or business trip in the U.S. or Canada? Would you like help
planning the best route to take? The Concierge Trip Services Plan provides you
and your loved ones a personal travel agent ensuring every trip is a carefree
and economical one. There is no additional cost for this valuable service.
You will receive a Trip Routing Kit, which includes:concierge
Mileage from start to destination & est. driving times for each leg of your trip
Custom driving times estimated to your personal travel plan
Custom Easy-to-follow trip routing with directions
Information about toll-roads and detours
United States road map
Trip expense records
Our Dealer Approved Inventory Management System (IMS)
Complete Protection From the Lot to the Customer
Know Which Lot Your New or Used Inventory Are On At Anytime, Anywhere
Know If A Customer Has Your Rental or Loaner Vehicle and Where It Is
Enjoy the ability to quickly run Vehicle & Inventory Reports When Needed
Why use an Inventory Management System?
Our Inventory Management System (IMS) provides dealers with an ‘Eye in the Sky’
view of their new & used lot inventory. This gives dealers the ability to know
exactly where their loaner vehicles are at all times using any desktop computer,
smart phone, tablet, or mobile web enabled device. This system has been
developed with the ability to be upgraded’ Over the Air’ (OTA) to either our SVR
or Hybrid “SELECT” System. Dealers also have the option of Citrus SMS
integration. Citrus SMS streamlines communications between the dealership and
their customers via instant messaging and captures sales analytics on the
dealership sale reps. Know who is demonstrating vehicles, for how long, and what
vehicles were demonstrated the most.
Insurance Discount Savings
Our Inventory Management System provides the additional benefit in qualifying
you for car insurance discounts. Increasingmoney
numbers of insurance providers offer discounts for drivers using our system. On
average our clients save between 10% – 30% on their car insurance premiums. Ask
your insurance agent if your policy qualifies.
Built For Any Size Fleet, On Any Given Day!
Real-Time GPS Tracking for the Fleet Industry
Real-Time Tracking
Monitor the locations of your vehicles from anywhere there is an Internet
connection. Locate them with the click of a mouse button. It’s that easy.
Alerts & Reports
Configure a wide variety of alerts and reports. Receive low battery or tow
alerts via text message or email. Reports can be scheduled to run in several
formats. And the system can email them to you when they’re done.
Driver Behavior
Driving behaviors like rapid acceleration and hard braking can be monitored.
These driving behaviors are dangerous and hard on vehicles. And many auto
insurance companies offer discounts when driving behaviors are monitored.
Dispatch Drivers
Service businesses can dispatch drivers using the system. Track them as they
drive to find the closest unit to answer service calls.
Transportation & Services
Keep Track of Your Drivers and Their Driver Behavior
For long-haul or local trucking companies, the system can track and locate your
trucks and trailers. Monitor driving behaviors like rapid acceleration and hard
braking.
Heavy Equipment & Trailer Tracking
Protect Your Assets, While Maintaining Their Performance
The theft of heavy equipment like trailers and generators happens with
increasing frequency. It costs businesses millions of dollars each year. Our
system sends alerts via text message and email so you know the minute your asset
is moved.
Lone Worker & Drivers
Personal GPS Tracking with A Portable Design
Nimbo Tracking’s GPS tracking solution is a powerful way to provide your
employees with extra safety and security. The system can keep them in touch with
dispatchers should there be an emergency, whether they’re driving a long haul or
driving a sales route around town.
Executive Team
Neil G. Chan, Chief Executive Officer
Mr. Chan is a career technologist who has pioneered the early adoption of
disruptive technologies in more than 45 countries over the last 30 years. From
start-up to $400M in annual revenues, Mr Chan has led and created the
best-in-class sales, marketing, and service organizations during the development
of wireless data infrastructure, mobile content, Software-as-a-Service for
commercial fleets, and HFC broadband infrastructure. Mr Chan led the first
technology transfer initiative between Canada and Mainland China on behalf of
Spar Aerospace and Gandalf Technologies Inc., during the mid-1980s along with
training, product marketing and sales responsibilities for growing Gandalf’s
export markets; shortly after Mr Chan was recruited to Motorola Inc., to lead
the product marketing of the industry’s first mobile data solutions for public
safety, taxi, utility, and field service markets. Mr Chan led Motorola’s
initiative to expand into public data networks throughout the Asia Pacific
region during the 1990s and subsequently was promoted to Managing Director to
lead the expansion of HFC data and voice broadband networks throughout the
region. In the spring of 2000, Mr Chan joined Airvana Inc., to lead business
development for the early adoption of CDMA-based broadband wireless networks
which today continue to serve millions of users throughout North America and
Latin America. Most recently, Mr Chan led worldwide sales and marketing of fleet
management services for WebTech Wireless Inc., which contributed five years of
record growth and industry leadership across government and transportation
markets. Mr Chan has served on the Executive Review Board of Royal Roads
University and continues to mentor and support early stage technology companies.
Mr Chan is Chairman and CEO of the privately-held Gogiro Internet Group.
Richard Freeman, Chief Operating Officer
Mr. Freeman is a senior high-tech operations and product development executive
with over 25 years experience managing leading-edge hardware and software
communications solutions and services across a broad-range of technologies and
international markets. Mr. Freeman’s career began with Mobile Data International
where he spearhead adoption of early private wireless data networks for Taxi,
Public Safety and Utility markets, overseeing 800Mhz radio Manufacturing
Engineering, data terminal manufacturing, RF system design, and International
sales support and system deployment. In the early 90’s, Mr. Freeman was
responsible for technical sales support and system implementation for Motorola’s
Wireless Data Group located in London and Paris. Mr. Freeman was instrumental in
Motorola’s successful launch into European Taxi markets, along with the global
launch of data infrastructure with the responsibility for product definition,
marketing, and implementation of wireless data infrastructure based on Motorola
DataTAC and ARDIS network solutions.
Mr. Freeman subsequently joined Sierra Wireless where he led definition,
development, and successful deployment of many world-class leading edge CDPD,
1xRTT, GPRS, and EVDO wireless data modem hardware and enabling software
solutions for international markets. In 2002 Mr. Freeman joined WebTech
Wireless, where he defined target markets and requirements for mobile hardware
and Fleet Management services. Promoted to VP Operations he oversaw the
successful growth of the organization, supporting ongoing 60% annual growth in
shipments and software-as-a-service revenues, a tripling of personnel, five-fold
growth in corporate and manufacturing facilities and infrastructure, and the
successful implementation of many multiple multi-million dollar projects.
Most recently Mr. Freeman was Sr. VP Operations and Product Management for
Saturna Green Systems, focusing on developing embedded telematics solutions for
the electric vehicle industry. Mr. Freeman holds a BaSC in Electrical
Engineering from the University of British Columbia.
Portfolio Company Spotlight
Nimbo: Creating Peace of Mind Across Commercial Fleet and Automotive Industries
Nimbo LLC offers the latest in wireless M2M solutions, providing real-time GPS
tracking and vehicle warning solutions for the automotive and powersport
industries. Powered by the Nimbo brand through dealershiptracking.com and
powersportracking.com, Nimbo has over 10,000 asset activations to date. Nimbo’s
state-of-the-art device integration, combined with invaluable industry
leadership, empowers end-users to protect stolen assets, secure services vital
to personal security, and keep families safe – creating peace of mind.
SOURCE: http://www.igen-networks.com/
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