IGEN (OTCQB: IGEN) (CSE: IGN) Completes Transition to Amazon Web Services for Next Generation IoT Platform
Murrieta, California - February 15, 2018 (Newsfile Corp.) (Investorideas.com Newswire) 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 successful transition of its IT infrastructure to Amazon Web Services (AWS), a Cloud infrastructure serving Fortune 500 companies globally with 52 availability zones and 18 geographic markets around the world.
"We are pleased to complete this transition to AWS, which gives us the ability to scale our business more rapidly and efficiently while offering the highest level of service reliability for our growing customer base," said Neil G. Chan, CEO of IGEN Networks Corp. "This transition, combined with our multiple carrier relationships and distribution channels across the country, positions IGEN to take a leadership role in multiple consumer automotive IoT verticals. Our platform now has the resources to ensure data integrity for a subscriber base that would potentially grow to 500,000 subscribers or more within the next three years."
"The transition to AWS has enabled us to escalate our development schedules for IGEN's Next Generation IoT platform," said Cameron Wills, Director of Product Marketing. "Along with significant improvements in scalability and service reliability, we have the capability to incorporate a much broader range of applications and driver analytics for our customer base with management tools to support rapid growth across multiple end markets."
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.
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.
Darrow Associates, Inc.
IGEN Networks Corporation
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