IGEN Networks Corporation (OTCQB: IGEN) (CSE: IGN), a leading innovator of cloud-based and Internet of Things (IoT) solutions for the protection and management of mobile assets, today announced its qualification for GSA Multiple Award Schedule Contract with selected states and federal government markets. The GSA/VA status enables IGEN to market its products and services directly to governments including Counties, States, and the Federal Government.
The GSA/VA Schedule contract status is a Preferred Vendor Status with local, state, and federal governments from which qualified companies are considered to be responsible and reputable to these governments. According to the GSA/VA Solicitation Services, there are only .003% of companies in the United States that are GSA or VA Federal Supply Schedule Contract qualified. According to The Authority in Government Contracts the Federal Government spends over $40B exclusively with GSA/VA Schedule Contract holders on an annual basis.
From this GSA/VA Schedule contract status, IGEN will market its Medallion GPS Fleet Platform initially to Counties located in six states that include Pennsylvania, Michigan, New York City, New York, Tennessee, and California. Additional states will be added to IGEN’s contract status as opportunities grow across the US. The Medallion GPS Fleet Platform will offer compelling features and services at lower costs with emphasis on ease-of-use. The system is organized around both asset and driver with dispatch capabilities, automated reporting, maintenance, diagnostics reporting, driver behavior scoring, and video tutorials on demand that are built on AWS Cloud-based infrastructure. The Medallion GPS Fleet Platform incorporates the patented “Digital Telematics Signature”, which offers greater accuracy in measuring and scoring driver behavior across diverse fleets providing a powerful tool for assessing actuarial risk of assets and their drivers.
“Combined with our GSA/VA contract status, we now have the process to facilitate transactions with the Counties across all US government markets. In preparation we have increased our inventory levels to 2500 hardware activation units for the next quartile period,” said Neil G Chan, CEO of IGEN Networks Corp. The diversity of government assets along with the self-insurance of these assets creates an excellent fit with the capabilities of our Medallion GPS Fleet Platform.”
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.
