IGEN Networks Subsidiary Nimbo LLC Signs Major Account Agreement With Verizon Wireless

MURRIETA, CALIFORNIA--(Marketwired - May 21, 2015) - IGEN Networks Corp (the "Company" or "IGEN") (OTCQB:IGEN)(CSE:IGN), announces that its wholly owned subsidiary, Nimbo LLC ("Nimbo"), signed a Major Account Agreement ("Agreement" or "Partnership Program") with Verizon Wireless. This agreement establishes Nimbo LLC within Verizon's partner program for the marketing of Nimbo's products and services over Verizon's national wireless services. The Partnership Program includes the sharing of sales leads through the Verizon Wireless sales and support organization that covers the major automotive dealer markets across the United States.

Neil Chan, Chief Executive Officer of IGEN Networks, stated, "This Partnership Program with Verizon Wireless is significant for us. It enables our sales team to partner with Verizon, the largest wireless operator in the U.S., to sell into automotive dealer channels and reach large new potential customers. We expect this partnership to not only help us grow our subscriber base but to also allow our customers to benefit from the services offered through Verizon's national support organization."

Mr. Chan added, "Our product and services allow every day car owners to have access to timely information on the status of their vehicles and peace-of-mind that family members are safe and secure."

According to First Research, an estimated 50,000 automotive dealers generated over $700 billion in annual revenues that accounted for 15.6 million new vehicles and 40.5 million used vehicles sold through dealer channels in the US in 2013. These dealer channels are expected to double in revenues over the next five years through to 2018. It is also noted that there are more than 800,000 vehicles stolen in the U.S. each year. The roadside assistance industry generates more than $6B in annual revenues.

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Our company launched the nation's first 3G wireless broadband network. We were also the first tier-one wireless provider in the nation to build and operate a 4G LTE network. With 4G LTE, our customers can access the Internet and stream media faster than ever-and experience their mobile world in real-time.