MURRIETA, Calif., Sept. 30, 2019 (GLOBE 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 its launch of Nimbo Tracking’s product line with Sprint’s IoT Factory platform for broader access to franchise and pre-owned dealerships across the US. The Sprint IoT Factory Platform serves as a product portfolio of proven IoT solutions for its Small-to-Medium Business (SMB) sales force to target specific vertical markets.
“As the result of receiving sales leads from the Sprint SMB teams and seeing early success with our white-labeled Sprint products, we were compelled to offer Nimbo Tracking products on Sprint’s IoT Factory for broader access to automotive dealerships,” said Abel Sierra, Vice President and General Manager of Nimbo Tracking. “We have proven very successful under the pre-load model with our dealership partners, where we provide a value-added customer benefit and a notable profit driver for the dealership group. We look forward to continued market adoption gains for our platform and our technologies as more dealership groups learn about the unique benefits of our Nimbo Tracking products.”
Under IGEN’s industry leading dealer pre-load model, IGEN’s Nimbo Tracking devices are pre-installed into all vehicles on the dealership lot, providing a unique and value-added inventory and lot management capability. Upon sale of the vehicle, the customer has the option to purchase the Nimbo device and prepay for multiple years of service on IGEN’s customer application platform, providing valuable security, vehicle tracking, systems status and driver behavior services to vehicle owners. Doing so provides a high value service to the consumer and an added profit center for the dealership.
The Sprint IoT Factory platform is enabled through a strategic relationship with myDevices, the Internet of Things (IoT) solutions company that “simplifies the connected world” to accelerate the development and sales of finished IoT solutions. Sprint’s converged business solutions in the IoT Factory offer customers a number of advantages, including superior network spectrum holdings, powerful worldwide wireline and wireless connectivity to an incredible influx of technological innovation and resources from Sprint’s parent company, SoftBank.
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: www.igennetworks.net
Forward-Looking Statements
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Contact
IGEN Networks Corporation
Neil Chan
1(844)332-5699