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IGEN Networks Subsidiary Nimbo LLC Announces Partnership with Star Shield Solutions LLC and Sky Force Technology Inc. to Launch Automotive Dealership Programs in Southern California
IGEN Networks Subsidiary Nimbo LLC Announces Partnership with Star Shield Solutions LLC and Sky Force Technology Inc. to Launch Automotive Dealership Programs in Southern California.
About this update from Igen Networks Corp.
[{"type":"text","content":"\n \n \n IGEN Networks Subsidiary Nimbo LLC Announces Partnership with Star Shield Solutions LLC and Sky Force Technology Inc. to Launch Automotive Dealership Programs in Southern California\n \n \nIGEN Networks Subsidiary Nimbo LLC Announces Partnership with Star Shield Solutions LLC and Sky Force Technology Inc. to Launch Automotive Dealership Programs in Southern California\n\nInitial Order Received to Install Systems on 500 vehicles\n\n \n MURRIETA, CALIFORNIA--(Marketwired - Jun 2, 2015) - IGEN Networks Corp (the \"Company\" or \"IGEN\") (OTCQB:IGEN)(CSE:IGN), announces that its wholly owned subsidiary, Nimbo LLC (\"Nimbo\"), in partnership with Star Shield Solutions LLC and Sky Force Technology Inc., has launched a pilot program targeted at a high volume automotive dealership store located in Southern California. The store represents one of sixteen dealerships in Southern California with a combined estimate of 3200 vehicles available for program activations each month. The partners will market products and technology that provide protection and management of vehicles, as well as a roadside assistance program. Shipments and installation on 500 vehicles has already begun. \n Jim Kwon, Director of Marketing and Business Development of Star Shield Solutions, stated, \"We are extremely excited to be partnered with Nimbo LLC, and believe that their in-depth knowledge of the retail automotive dealership Industry, along with their flexibility to adapt to the dealership environment, will allow us to offer a highly competitive and compelling solution to our customers.\" \n Bill Boyles, VP Sales and Marketing of Nimbo LLC, stated, \"This opportunity is a significant milestone for us in establishing market presence in Southern California. By combining our unique programs with Star Shield's access to dealerships throughout the state, we will be establishing a significant foot-print in one of the largest automotive markets in the country.\" \n 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 sto...