ALEXANDRIA, VIRGINIA — (Marketwired) — 07/23/13 — iGen Networks Corporation (OTCQB: IGEN), is pleased to provide an update on recent accomplishments and progress on key initiatives:
“I-m very pleased with our steadfast progress over the past six months. We remain focused on delivering growth in residual services that offer longer term shareholder value,” said Neil Chan, chief executive officer of iGen Networks Corporation. “The rollout of the iGen cloud platform, and the latest upgrade to Gogiro-s Business Central by our portfolio company Gogiro Internet group, will allow our customers a private and secure cloud-based platform in an easy-to-use environment. We are committed to supporting business owners with not just the necessary tools, but the most innovative ones that will help their businesses thrive online. This latest transition of on-boarding customers to Business Central demonstrates our strong track record of building successful business models and our ability to generate revenues from scalable technologies.”
About iGen Networks Corporation
iGen Networks Corporation applies capital and proven management experience to accelerate growth of private and secure cloud-based services that serve small to medium size businesses, government agencies, and commercial enterprise. iGen Networks Corporation 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, please visit .
Forward Looking Statements
This news release may contain forward-looking statements 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”, 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 general economic conditions, IGEN-s expectations regarding its business, 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 IGEN-s periodic filings with the U.S. Securities and Exchange Commission (copies of which filings may be obtained at or ). 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.
Contacts:
For Media Inquiries:
Magnolia Communications
Phoebe Yong
604.760.3085
For Investor Inquiries:
iGen Networks Corporation
Richard Freeman
1.888.244.3650
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