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IGEN AMENDS DISTRIBUTION AGREEMENT AND ANNOUNCES FIRST SPECTRUM BUILD-OUT
Date:9/29/2010

WASHINGTON, DC, Sept. 29 /PRNewswire-FirstCall/ -

Mr. Robert Nealon reports:

IGEN has amended and improved its exclusive distribution agreement with MachLink Inc. to include an expanded distribution area utilizing its proprietary broadband technology. The Company is now concentrating on its first licensed spectrum build-out in Grand Prairie, Alberta, Canada. Grand Prairie has an underserved rural population of 22,000 households plus businesses and oil and gas field monitoring. IGEN has purchased the necessary equipment and has an established tower in place to meet the rural customer needs. This first licensed broadband spectrum establishes a foothold that will allow IGEN to build through this corridor a series of broadband locations, each site with a 55 kilometer radius that will service a much larger population and business base. The Company's distribution approach is to use bonded independent contractors to install and commission systems at the customer premises. This first broadband spectrum license will place IGEN into a solid cash flow position that will enable all future growth and allow the company to expand on the identified 15 spectrums that are currently available to the Company.

Mr. Nealon quotes "The market for IGEN's services are clearly demonstrated. There is a pent-up demand for internet services, especially in rural and remote areas where there is no real alternative to the Company's offerings. The Company's other service portfolio elements; telephony and video on demand are also clearly in demand. The Company's telephone product will be very attractively priced compared to the alternative services, including a long distance package that offers attractive calling options at a fraction of the price for similar services."

The company recognizes an opportunity to take part in the world's fastest growing communications market with an innovative technical approach to bring communications services to rural America's and conqu
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SOURCE iGen Networks Corp.
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