LAKE ELSINORE, California, April 5, 2021 /PRNewswire/ — IGEN Networks Corporation (OTCQB: IGEN) (CSE: IGN), a major innovator of cloud-based mostly and Net of Items (IoT) alternatives for the security and administration of cell belongings, today declared the nationwide launch of the industry’s very first client brand solution designed to protect households and their youthful motorists.
American roadways are a risky place for youthful motorists among the ages of 16-19 years old with 6-8 young motorists dying every day from site visitors mishaps across the country. During the very last five decades there were being a lot more than 9M certified drivers age 19 or youthful driving on American streets, the ordinary fatalities for people aged 19 or more youthful in the course of this time period has arrived at a nationwide normal of 1.5 for every 10,000 youthful motorists.
“Certified motorists age 19 or more youthful are the highest possibility section for fatalities and injuries as reported by the Countrywide Freeway Visitors Security Administration. These figures produced the impetus for a remedy – what if we could lower these fatalities by changing the young driver’s actions? Regardless of whether it is dashing or erratic driving, we can now present a serious-time evaluation of the youthful driver’s habits behind the wheel of the relatives auto,” stated Neil G. Chan, CEO of IGEN Networks Company.
FamilyShield was established to preserve younger life. Dependent on IGEN’s Subsequent Technology Platform, FamilyShield is developed with the patented “Driver Signature” algorithms that offer you exact measurement of a driver’s actions alongside with genuine-time alerts on dashing, crossing of place boundaries, alongside with delivering a history of driving conduct around an extended period. Created to be tamper evidence for the adventurous teenager, FamilyShield offers peace-of-intellect, safety, and protection for people and their youthful drivers.
FamilyShield is dependent on the Amazon Website Expert services (AWS) Infrastructure developed for scalability, stability, and performance. The FamilyShield System operates with a self-installed plug-n-enjoy unit for any make or 12 months of vehicle that is managed from a cellular app. Whether the youthful driver is rushing or crossing spot boundaries, FamilyShield makes a record and sends notifications to family members customers of vital situations like the tried tampering of the unit. Suitable and transportable for any variety of passenger auto, FamilyShield info is protected and non-public, available only to selected spouse and children members. FamilyShield is offered on the net for a a person-time buy of $129 and $9.99 for each month with no contract obligation and one particular 12 months warranty on the plug-n-perform device with companies.
For a lot more info or online buy of FamilyShield make sure you stop by: www.familyshieldtracking.com
About IGEN Networks Company
IGEN Networks Company generates application products and services for the customer automotive and asset administration industries enabling their customers to improved control their assets and safeguard their families.
IGEN is a thoroughly reporting business in both equally Canada and the United States. It is publicly traded on the OTCQB less than the symbol IGEN, and stated on the CSE less than the image IGN. For more information and facts, make sure you stop by: www.igennetworks.net
Forward-Seeking Statements
This news release may possibly contain forward-looking statements or forward-seeking facts within just the indicating of the U.S. Non-public Securities Litigation Reform Act of 1995 and Canadian securities regulation. The phrases and phrases “target”, “motivation”, “guidance”, “expects”, “would”, “will”, “continuing”, “generate”, “believes”, “show”, “seem forward”, “increase”, “outlook”, “forecasts”, “intend”, and related conditions and phrases are meant to discover these ahead-searching statements. Forward-looking statements are based mostly on estimates and assumptions built by IGEN in gentle of its practical experience and its notion of historic tendencies, present-day problems and envisioned upcoming developments, as very well as other aspects that IGEN believes are ideal in the situations, together with but not confined to statements regarding financial investment liquidity, funding solutions and lengthy expression plans of the Enterprise, basic economic conditions, IGEN’s expectations pertaining to its company, consumer foundation, technique and prospective buyers, and IGEN’s self confidence in the dollars flow technology of its business enterprise. Many things could lead to IGEN’s actual benefits, general performance or achievements to differ materially from all those expressed or implied by the forward-seeking statements, which include, without the need of limitation: challenges associated to competitors IGEN’s reliance on crucial personnel IGEN’s skill to preserve and improve its brand and difficulties in forecasting IGEN’s monetary effects, significantly about for a longer period intervals provided the fast technological alterations, levels of competition and quick products lifestyle cycles that characterize the cellular software industry. These risk elements and other people relating to IGEN that may possibly induce actual outcomes to differ are set forth in the under the heading “Risk Aspects” in IGEN’s periodic filings with the British Columbia Securities Commission and the U.S. Securities and Trade Commission (copies of which filings may be acquired at www.sedar.com or www.sec.gov. These components need to be thought of diligently, and viewers should not put undue reliance on IGEN’s forward-looking statements. IGEN has no intention and undertakes no obligation to update or revise any ahead-wanting statements, whether as a end result of new details, long run situations or or else, other than as demanded by legislation.
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