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IGEN Networks Corporation

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uuid003ga2l

Namestring
IGEN Networks Corporation
Legal namestring
IGEN Networks Corporation
Company typeenum
Public
Founded yearint
2006
Descriptiontext

IGEN Networks Corporation is a public company headquartered in Lake Elsinore, California, that sells integrated GPS/telemetry, fleet management, enterprise asset management (EAM), and warehouse management (WMS/RFID) software to enterprise customers across Mexico, Spain, and Central America. Its core offerings are the Medallion GPS Pro platform, which handles real-time vehicle tracking, driver behavior monitoring (including speed, harsh braking/acceleration, off-hours driving, and RPM), CAN/OBD II-based vehicle health diagnostics, fuel efficiency, route compliance, and stolen vehicle recovery, and GIM (Global Information Management), which provides computerized maintenance, asset organization, incident management, warehouse operations, and human resources for both own and subcontracted staff. Underlying technology combines CAN/OBD II telemetry (read across PGN/SPN, PID, ID for over 70 vehicle variables depending on model), RFID-based warehouse tracking, and customizable integrated workflows.

The company generates revenue primarily through monthly SaaS subscriptions that bundle the GIM license, technical support, version updates, and hosting (where clients connect via the internet and are freed from server, OS, database, and backup procurement). Complementary revenue streams include customization of GIM to client-specific requirements and personnel training services to maximize maintenance-program ROI. Go-to-market is enterprise field sales targeting large fleets, transportation companies, financial institutions and banks, leasing companies, automotive assembly, pharmaceutical and consumer products enterprises, 3PL logistics operators, facilities (hotels, hospitals, branch networks), municipalities, and production plants; distribution is direct via hosted SaaS/cloud delivery. Per company-scale commentary, the platform tracks 250,000+ vehicles, runs in 80+ distribution centers/warehouses, and serves 1,200+ clients, with 25+ years of regional presence providing domain depth in Latin American and Iberian markets.

Short descriptiontext

IGEN Networks Corporation is a public vendor of GPS/telemetry, fleet management, asset management, and warehouse management (WMS/RFID) SaaS serving enterprise fleets, logistics operators, and asset-intensive organizations across Mexico, Spain, and Central America.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
11–50
akta.pro rankint
HeadquartersAlexandria, United States
HQ citystring
Alexandria
HQ countrystring
United States
HQ regionstring
North America
Markets served

Serves global market

Offices1 record

Each record includes

City, Country, Type, Description, Source

Keyword5 values
fleet management software, GPS vehicle tracking, enterprise asset management, warehouse management systems, telemetry solutions
Industry1 code
1Enterprise Satellite Connectivity & Managed Services (VSAT, SD-WAN over Satcom)
CodeHDAIAJABPrimaryYes
NAICS code2 codes
  • Computer Systems Design and Related Services54151
  • Computer Systems Design Services541512
SIC code1 code
  • Services-Computer Integrated Systems Design7373
Product category
Fleet Management Software
GTM motion1 record

Each record includes

Type, Description, Source

Revenue model4 records
1SaaS Subscription
TypeSubscription Recurring
Description

Monthly fee payment for use of GIM software. This mode includes GIM v2014 licenses, maintenance service, technical support, and version updates. Client pays a monthly fee for access to the software without additional fees.

igennetworks.net
2Hosting Services
TypeSubscription Recurring
Description

Application hosting platform where clients connect via internet to access their application and pay a monthly payment. Client is freed from needing to purchase servers, operating systems, databases, backups.

igennetworks.net
3Customization Services
TypeProfessional Services
Description

GIM program customization depending on the needs of each company, fully customizable to respond to all company requirements.

igennetworks.net
4Training Services
TypeProfessional Services
Description

Personnel training to maximize investment in maintenance programs.

igennetworks.net
Marketing channels3 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels2 records

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components5 values
Technology or R&D, Personnel, Infrastructure, Marketing or Sales, Operations
Pricing details2 tiers
1SaaS Subscription - Monthly fee including licenses, maintenance, support and updates
ModelSubscriptionBilling cadenceMonthly
Notes

Monthly fee includes GIM v2014 licenses, maintenance service, technical support, and version updates. No additional fees required.

igennetworks.net
2Hosting Services - Monthly payment for cloud access
ModelSubscriptionBilling cadenceMonthly
Notes

Monthly payment for internet-based access to hosted application. Client does not need to purchase servers, operating systems, databases, or backups.

igennetworks.net
GTM typeB2B
B2B
Offering typeSoftware
Software
Brand1 of 2 records shown
1Medallion GPS Pro
Description

A comprehensive GPS platform ecosystem for vehicle control, both individual and fleet. Includes location history, travel analysis, driver driving patterns, speed limit monitoring, fleet management, route compliance, fuel efficiency, and service hours management.

igennetworks.net
+1 more record
Core offering1 text field

IGEN Networks Corporation develops and delivers an integrated technology platform combining GPS/telemetry, fleet management, enterprise asset management, and warehouse management systems. Its flagship offerings are the Medallion GPS Pro platform for vehicle and fleet control with CAN/OBD II connectivity, and GIM (Global Information Management) for computerized maintenance and asset management. Services include SaaS hosting, customization, training, and supply chain automation consulting for enterprise clients.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 of 4 values shown
  • 250,000+ vehicles tracked via GPS/Telemetry
+3 more records
Product overview1 text field

IGEN Networks Corporation offers a unified platform of fleet management, asset control, and logistics technology solutions. The core product is Medallion GPS Pro, a comprehensive GPS and telemetry platform for vehicle and fleet control that handles location tracking, driver behavior monitoring, and operational management. Complementing this is GIM (Global Information Management), an asset control and maintenance management system that integrates preventive/corrective maintenance, warehouse management, and human resources. Additional services include warehouse and distribution center automation with WMS RFID technology, telemetry and satellite tracking, and custom software/API development through their software factory. The portfolio serves commercial fleets, supply-chain operations, and asset-intensive organizations across Mexico, Spain, and Central America.

Product and service1 record
1Medallion GPS Pro
Scale indicator6 records

Each record includes

Type, Value, Description, Source

Recent move5 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight4 records

Each record includes

Type, Description

Peers10 records
TypeBroad incumbent
Description

Telematics and fleet management suite from a major carrier, offering GPS tracking, fleet compliance, asset tracking, and field service management. Comparable as a broad telematics incumbent competing for the same enterprise fleet buyers IGEN serves.

TypeEmerging player
Description

SaaS fleet and asset management platform focused on maintenance, fuel, and vehicle inspections. Comparable as a more productized alternative to IGEN's GIM EAM and Medallion fleet modules.

TypeDirect peer
Description

Video telematics and driver behavior platform with GPS fleet tracking, dashcam, and AI-driven safety analytics. Comparable as a direct peer in the driver behavior monitoring and UBI use cases documented for IGEN's Medallion GPS Pro.

TypeDirect peer
Description

GPS fleet tracking and driver behavior platform with telematics, ELD compliance, and asset tracking. Comparable as a directly competitive telematics SaaS targeting small-to-mid enterprise fleets similar to IGEN's customer base.

TypeDirect peer
Description

Global leader in GPS fleet telematics and vehicle tracking. Directly comparable as a SaaS telematics platform serving enterprise fleets with vehicle tracking, driver behavior, and engine diagnostics via OBD/CAN — overlapping IGEN's Medallion GPS Pro offering.

TypeDirect peer
Description

AI-powered fleet management and GPS tracking platform with vehicle telematics, driver behavior, equipment monitoring, and spend management. Directly comparable on fleet telematics core, with growing expansion into asset/equipment visibility.

TypeBroad incumbent
Description

Established European telematics platform (formerly TomTom Telematics) serving commercial fleets with GPS tracking, vehicle data, and fleet management. Comparable as a direct competitor in IGEN's Spain/Europe geography.

TypeDirect peer
Description

Public IoT/fleet management platform combining GPS telematics, asset tracking, equipment monitoring, and warehouse/operations visibility. Closest direct competitor to IGEN's integrated GPS-plus-EAM-plus-WMS value proposition.

TypeBroad incumbent
Description

Long-standing fleet management and transportation management suite serving enterprise trucking and logistics fleets. Comparable as an incumbent competitor targeting similar enterprise transportation and asset-intensive customers.

TypeBroad incumbent
Description

Enterprise transportation and fleet management suite covering telematics, asset management, and supply chain visibility. Comparable as a broad incumbent offering overlap with IGEN's GPS, fleet, EAM, and WMS modules.

Market position
Strengths5 records

Each record includes

Headline, Details, Source

Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat5 records

Each record includes

Type, Details

Key risks6 records

Each record includes

Headline, Details, Source

Key highlights7 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Named customers3 records

Each record includes

Name, Industry, Type, Use case, Source, UUID

Segment3 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile3 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
Yes
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Feature6 records

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles5 records

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

No data
No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A2 records

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

IGEN Networks Corporation

Fleet Management Softwareigennetworks.net

IGEN Networks Corporation is a public vendor of GPS/telemetry, fleet management, asset management, and warehouse management (WMS/RFID) SaaS serving enterprise fleets, logistics operators, and asset-intensive organizations across Mexico, Spain, and Central America.

What IGEN Networks Corporation does

IGEN Networks Corporation is a public company headquartered in Lake Elsinore, California, that sells integrated GPS/telemetry, fleet management, enterprise asset management (EAM), and warehouse management (WMS/RFID) software to enterprise customers across Mexico, Spain, and Central America. Its core offerings are the Medallion GPS Pro platform, which handles real-time vehicle tracking, driver behavior monitoring (including speed, harsh braking/acceleration, off-hours driving, and RPM), CAN/OBD II-based vehicle health diagnostics, fuel efficiency, route compliance, and stolen vehicle recovery, and GIM (Global Information Management), which provides computerized maintenance, asset organization, incident management, warehouse operations, and human resources for both own and subcontracted staff. Underlying technology combines CAN/OBD II telemetry (read across PGN/SPN, PID, ID for over 70 vehicle variables depending on model), RFID-based warehouse tracking, and customizable integrated workflows.

The company generates revenue primarily through monthly SaaS subscriptions that bundle the GIM license, technical support, version updates, and hosting (where clients connect via the internet and are freed from server, OS, database, and backup procurement). Complementary revenue streams include customization of GIM to client-specific requirements and personnel training services to maximize maintenance-program ROI. Go-to-market is enterprise field sales targeting large fleets, transportation companies, financial institutions and banks, leasing companies, automotive assembly, pharmaceutical and consumer products enterprises, 3PL logistics operators, facilities (hotels, hospitals, branch networks), municipalities, and production plants; distribution is direct via hosted SaaS/cloud delivery. Per company-scale commentary, the platform tracks 250,000+ vehicles, runs in 80+ distribution centers/warehouses, and serves 1,200+ clients, with 25+ years of regional presence providing domain depth in Latin American and Iberian markets.

IGEN Networks Corporation firmographics

Firmographics
Name
IGEN Networks Corporation
Legal name
IGEN Networks Corporation
Website
https://igennetworks.net
Company type
Public
Founded year
2006
Operating status
Operating
Headcount range
11–50 employees
Short description
IGEN Networks Corporation is a public vendor of GPS/telemetry, fleet management, asset management, and warehouse management (WMS/RFID) SaaS serving enterprise fleets, logistics operators, and asset-intensive organizations across Mexico, Spain, and Central America.
Ownership category
akta.pro rank

IGEN Networks Corporation industry classification

Industry
Product category
Fleet Management Software
NAICS
Computer Systems Design and Related Services (54151), Computer Systems Design Services (541512)
SIC
Services-Computer Integrated Systems Design (7373)
akta.pro primary industry
Enterprise Satellite Connectivity & Managed Services (VSAT, SD-WAN over Satcom) (HDAIAJAB)

Keywords

  • Fleet management software
  • GPS vehicle tracking
  • Enterprise asset management
  • Warehouse management systems
  • Telemetry solutions

Where IGEN Networks Corporation is headquartered

Location

Headquarters

HQ city
Alexandria
HQ country
United States
HQ region
North America

Offices1 record

Markets served

IGEN Networks Corporation business model

Business model
GTM type
B2B
Offering type
Software
Cost components
Technology or R&D, Personnel, Infrastructure, Marketing or Sales, Operations

Revenue model

  1. SaaS Subscription: Monthly fee payment for use of GIM software. This mode includes GIM v2014 licenses, maintenance service, technical support, and version updates. Client pays a monthly fee for access to the software without additional fees.
  2. Hosting Services: Application hosting platform where clients connect via internet to access their application and pay a monthly payment. Client is freed from needing to purchase servers, operating systems, databases, backups.
  3. Customization Services: GIM program customization depending on the needs of each company, fully customizable to respond to all company requirements.
  4. Training Services: Personnel training to maximize investment in maintenance programs.

Pricing tiers

ModelBillingPrice
SubscriptionMonthlySaaS Subscription - Monthly fee including licenses, maintenance, support and updates
SubscriptionMonthlyHosting Services - Monthly payment for cloud access

Go-to-market motion1 record

Distribution channels2 records

Marketing channels3 records

IGEN Networks Corporation product offering

Product offering

Core offering

IGEN Networks Corporation develops and delivers an integrated technology platform combining GPS/telemetry, fleet management, enterprise asset management, and warehouse management systems. Its flagship offerings are the Medallion GPS Pro platform for vehicle and fleet control with CAN/OBD II connectivity, and GIM (Global Information Management) for computerized maintenance and asset management. Services include SaaS hosting, customization, training, and supply chain automation consulting for enterprise clients.

Product overview

IGEN Networks Corporation offers a unified platform of fleet management, asset control, and logistics technology solutions. The core product is Medallion GPS Pro, a comprehensive GPS and telemetry platform for vehicle and fleet control that handles location tracking, driver behavior monitoring, and operational management. Complementing this is GIM (Global Information Management), an asset control and maintenance management system that integrates preventive/corrective maintenance, warehouse management, and human resources. Additional services include warehouse and distribution center automation with WMS RFID technology, telemetry and satellite tracking, and custom software/API development through their software factory. The portfolio serves commercial fleets, supply-chain operations, and asset-intensive organizations across Mexico, Spain, and Central America.

Differentiator

Problem solved

Functional benefit

Brands

  • Medallion GPS Pro: A comprehensive GPS platform ecosystem for vehicle control, both individual and fleet. Includes location history, travel analysis, driver driving patterns, speed limit monitoring, fleet management, route compliance, fuel efficiency, and service hours management.
  • GIM

Products and services

  • Medallion GPS Pro

Quantifiable outcome

  • 250,000+ vehicles tracked via GPS/Telemetry
  • +3 more outcomes

Companies that use IGEN Networks Corporation

Customer profile

Named customers3 records

Segments3 records

Ideal customer profiles3 records

IGEN Networks Corporation technology and API

Technology

Technology focussed Yes

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Feature6 records

IGEN Networks Corporation partnerships and signals

Strategic signal

Scale indicators6 records

Recent moves5 records

Expansion highlights4 records

IGEN Networks Corporation competitors and assessment

Company assessment

Broad incumbents

  • Verizon Connect: Telematics and fleet management suite from a major carrier, offering GPS tracking, fleet compliance, asset tracking, and field service management. Comparable as a broad telematics incumbent competing for the same enterprise fleet buyers IGEN serves.
  • Webfleet (Bridgestone): Established European telematics platform (formerly TomTom Telematics) serving commercial fleets with GPS tracking, vehicle data, and fleet management. Comparable as a direct competitor in IGEN's Spain/Europe geography.
  • Omnitracs (Solera): Long-standing fleet management and transportation management suite serving enterprise trucking and logistics fleets. Comparable as an incumbent competitor targeting similar enterprise transportation and asset-intensive customers.
  • Trimble Transportation: Enterprise transportation and fleet management suite covering telematics, asset management, and supply chain visibility. Comparable as a broad incumbent offering overlap with IGEN's GPS, fleet, EAM, and WMS modules.

Emerging players

  • Fleetio: SaaS fleet and asset management platform focused on maintenance, fuel, and vehicle inspections. Comparable as a more productized alternative to IGEN's GIM EAM and Medallion fleet modules.

Direct peers

  • Lytx: Video telematics and driver behavior platform with GPS fleet tracking, dashcam, and AI-driven safety analytics. Comparable as a direct peer in the driver behavior monitoring and UBI use cases documented for IGEN's Medallion GPS Pro.
  • Azuga (Bridgestone): GPS fleet tracking and driver behavior platform with telematics, ELD compliance, and asset tracking. Comparable as a directly competitive telematics SaaS targeting small-to-mid enterprise fleets similar to IGEN's customer base.
  • Geotab: Global leader in GPS fleet telematics and vehicle tracking. Directly comparable as a SaaS telematics platform serving enterprise fleets with vehicle tracking, driver behavior, and engine diagnostics via OBD/CAN — overlapping IGEN's Medallion GPS Pro offering.
  • Motive (formerly KeepTruckin): AI-powered fleet management and GPS tracking platform with vehicle telematics, driver behavior, equipment monitoring, and spend management. Directly comparable on fleet telematics core, with growing expansion into asset/equipment visibility.
  • Samsara: Public IoT/fleet management platform combining GPS telematics, asset tracking, equipment monitoring, and warehouse/operations visibility. Closest direct competitor to IGEN's integrated GPS-plus-EAM-plus-WMS value proposition.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

IGEN Networks Corporation social profiles

Digital presence

IGEN Networks Corporation financial estimates

Financial estimate

Revenue estimate

Valuation estimate

IGEN Networks Corporation leadership team

Management profile

Number of profiles

Profiles5 records

IGEN Networks Corporation funding detail

Funding detail

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

IGEN Networks Corporation M&A and investment

M&A and investment

M&A2 records

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about IGEN Networks Corporation

What does IGEN Networks Corporation do?

IGEN Networks Corporation develops and delivers an integrated technology platform combining GPS/telemetry, fleet management, enterprise asset management, and warehouse management systems. Its flagship offerings are the Medallion GPS Pro platform for vehicle and fleet control with CAN/OBD II connectivity, and GIM (Global Information Management) for computerized maintenance and asset management. Services include SaaS hosting, customization, training, and supply chain automation consulting for enterprise clients.

Is IGEN Networks Corporation a public or private company?

IGEN Networks Corporation is a public company. It is classified as public and is currently operating.

When was IGEN Networks Corporation founded?

IGEN Networks Corporation was founded in 2006. It employs 11 to 50 people.

Where is IGEN Networks Corporation based?

IGEN Networks Corporation is headquartered in Alexandria, United States, in the North America region.

How does IGEN Networks Corporation make money?

Four revenue lines are on record. SaaS Subscription is the primary driver. The others are hosting Services, customization Services and training Services.

Who are IGEN Networks Corporation's main competitors?

Broad incumbents on record are Verizon Connect, Webfleet (Bridgestone), Omnitracs (Solera) and Trimble Transportation. Fleetio is listed as an emerging player. Direct peers are Lytx, Azuga (Bridgestone), Geotab, Motive (formerly KeepTruckin) and Samsara.

Does IGEN Networks Corporation have an API?

No public API is recorded for IGEN Networks Corporation.

What industry is IGEN Networks Corporation in?

IGEN Networks Corporation's product category is Fleet Management Software. Its primary akta.pro industry code is HDAIAJAB, Enterprise Satellite Connectivity & Managed Services (VSAT, SD-WAN over Satcom). Its NAICS code is 54151 and its SIC code is 7373.

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Live signals
PR NewswireAssociation of Credit Union Executives of Puerto Rico (ASEC) announces Exclusive Marketing Agreement with IGEN Networks CorporationIGEN Networks Corporation announced an exclusive marketing agreement with the Association of Credit Union Executives of Puerto Rico (ASEC), enabling Credit Unions in Puerto Rico to market IGEN's CU Trak and FamilyShield products to their members as new revenue streams. The partnership is supported by the U.S. Department of Treasury's CDFI Fund, which has provided $13.2M in technical assistance grants to 105 Credit Unions and Cooperatives in 2022. The agreement anticipates further expansion into Latin America through future partnerships with ASEC-affiliated organizations.PR NewswireIGEN announces Net Profit for Second Quarter 2022IGEN Networks Corporation announced unaudited financial results for Q2 2022 ended June 30, reporting net income of $10,582 compared to a net loss of $325,937 in the prior year period, marking the first profit since the company's inception. The company also grew total current assets to $252,227, a 45% increase from December 31, 2021, and recognized revenues of $91,976 versus $82,998 year-over-year. The CEO cited new sales channels, partnerships, and patent portfolio developments as drivers enabling the turnaround, with a promising pipeline for the second half of 2022.GlobeNewswireIGEN Networks Corporation wins award to provide Medallion GPS to New York State CountiesIGEN Networks won a bid to provide its Medallion GPS fleet services to New York State counties, covering all political subdivisions. The services include patented Digital Telematics Signature for driver behavior scoring. First deployments are expected to become a benchmark for other states, including Pennsylvania, Michigan, Tennessee, and California.GlobeNewswireIGEN Networks Corporation launches Medallion GPS PRO for Medium to Heavy Duty Commercial FleetsIGEN Networks launched Medallion GPS PRO for medium-to-heavy duty commercial fleets, using 5G technology and patented driver telematics. The system supports 85-660 PGN parameters, 10 temperature zones, and AI-based camera monitoring. CEO Neil G Chan said the platform addresses complete fleet requirements.PR NewswireIGEN Networks Corporation launches Medallion GPS PRO for Medium to Heavy Duty Commercial FleetsIGEN Networks Corporation announced the launch of Medallion GPS PRO, a cloud-based fleet management solution developed for Medium-to-Heavy Duty commercial fleets deployed by government entities at the county, state, and federal levels. The product incorporates patented Driver Telematics Signature algorithms, 5G technology, AI-based camera systems, real-time updates, and supports 85-660 PGN parameters for comprehensive vehicle data monitoring. With this launch, IGEN positions itself to address the full range of Light-Medium-Heavy commercial fleet requirements for government fleets and self-insured assets.PR NewswireIGEN Networks Corporation and County Executives of America extends Partnership AgreementIGEN Networks Corporation has extended its partnership agreement with County Executives of America (CEA) for an additional three years, facilitating access to GSA Multiple Award Schedule Contracts with exclusive endorsement from CEA. The partnership provides IGEN with direct access to government fleet management opportunities across the US, covering CEA's 700+ member counties and approximately 350,000 Light Commercial Fleet assets. CEA's exclusive endorsement and the GSA contract vehicle enable IGEN to pursue county, state, and federal fleet management business, with the CEO citing the self-insurance of county assets as an excellent fit for IGEN's patented Digital Telematics Signature technology.PR NewswireIGEN Networks Corporation secures GSA Multiple Award Schedule Contract with State and Federal GovernmentsIGEN Networks Corporation announced its qualification for the GSA Multiple Award Schedule Contract, enabling the company to market its products and services directly to federal, state, and local government markets. The qualification is notable given that only 0.003% of U.S. companies achieve GSA/VA Federal Supply Schedule status, while the Federal Government spends over $40 billion annually with GSA/VA Schedule Contract holders. The company plans to initially market its Medallion GPS Fleet Platform to counties in six states including Pennsylvania, Michigan, New York City, New York, Tennessee, and California.PR NewswireIGEN's CEO Provides Progress Update On Key Initiatives For 2021; Positioned For Growth And Market LeadershipIGEN Networks Corporation received U.S. Patent No. 11,037,378 for its Driver Telematics Signature (DTS) technology on June 15, 2021, enabling the company to establish standardized driver risk and behavior measurement across vehicle types and data sources. The company launched multiple initiatives including the co-branded Medallion GPS with T-Mobile for light commercial fleets, County Fleet Management with County Executives of America covering 700 counties and 350,000 vehicles, the consumer FamilyShield product, and a sales agreement with Michigan Credit Union League Service Corporation. CEO Neil G. Chan projects revenue contributions to increase significantly in the second half of 2021, citing opportunities in used car loans, actuarial risks, and federal funding for counties.PR NewswireIGEN's Driver Telematics Signature Patent is accepted by United States Patent Office (USPTO)IGEN Networks Corporation announced the acceptance of its patent application by the USPTO for a 'Method and System for Creating Driver Telematic Signatures,' covering proprietary algorithms that measure driver behavior across commercial and consumer markets. The Digital Telematics Signature (DTS) technology normalizes data from multiple sources to create consistent driver profiles based on actuarial metrics such as speed, braking, and traffic patterns. The company plans to integrate the DTS algorithms into its Next-Generation Platform built on Amazon Web Services infrastructure for both automotive and commercial asset management markets.PR NewswireIGEN Launches Industry's First Consumer Brand Product "FamilyShield" to protect Young DriversIGEN Networks Corporation announced the nationwide launch of FamilyShield, described as the industry's first consumer brand product designed to protect families and young drivers, using patented Driver Signature algorithms to monitor driving behavior in real-time. The plug-and-play device, compatible with any vehicle, sells for a one-time purchase of $129 plus $9.99 per month and is built on Amazon Web Services infrastructure. The launch targets the 6-8 daily fatalities among young drivers aged 16-19 on American roads, with over 9 million licensed drivers age 19 or younger on US roads during the past five years.