Navigation Links
IGEN Networks appoints directors and provides business update

IGEN Networks Corp. (IGEN: OTCBB)

LAS VEGAS, Feb. 26 /PRNewswire-FirstCall/ - IGEN Networks Corp. is pleased to announce the appointment of two new directors, Monty Ormsby, as the new President and Michael Grudman as the new CFO and Secretary. The Company regrets to report the recent passing of one of its directors, Jim Fitzpatrick, and acknowledges his prior contributions to the corporation. John Moore will step down as the Company's President and CFO, but will remain as an interim director.

The Company would also like to release highlights of the new direction for IGEN. The Company has undertaken discussions with a bio-technology company and intends to acquire the global licensing of a patented animal diagnostic test which is in the final stages of completion.

The Company has entered into consulting agreements with Stuart Brame, and Ron Loudoun to assist the Board in determining, identifying and acquiring sustaining business elements for the Company. Additionally, the Company has engaged Pro-Act Management Inc. to provide consulting services with relation to corporate planning and compliance matters.

The Company will pursue raising new capital to finance the contemplated acquisition and development of the bio-technology and to pay-down its current liabilities. Further details of the planned acquisition and financing will be announced as they develop.

On behalf of the Board of Directors

IGEN Networks Corp.

"Monty Ormsby"


Safe Harbour Statement under the United States Private Securities Litigation Act of 1995; This release made may contain forward-looking statements that are affected by known and unknown risk, uncertainties and other factors which may cause the actual results, performance or achievements of the Company, or industry results, to be materially different from any future results, performance or achievements expressed, implied or anticipated by such forward-looking statement. The Company does not intend to update this information and disclaims any legal liability to the contrary.

SOURCE iGen Networks Corp.

Back to top
SOURCE iGen Networks Corp.
Copyright©2010 PR Newswire.
All rights reserved

Related biology technology :

1. CompareNetworks Media Group Delivers CME/CE Through Acuity Medical Education
2. Emmy(R)- and Golden Globe(R)-Nominated Actress Marcia Cross to Join Lifetime Networks and Members of Congress From Both Parties at Capitol Hill Press Conference
3. Palladian Muscular Skeletal Health (formerly Prism Health Networks) to Promote Collaborative, Expanded Practice Model at Major Insurance Conference in June
4. Healthy Advice Networks Achieves Strong Growth Despite Challenging Economy
5. Healthy Advice Networks Announces Improved Patient Outcomes in Physicians Offices with Healthy Advice Programs
6. iSource Networks Partners with inVentiv Health to Develop New Technology Platform for Reaching Healthcare Consumers
7. Smallest nanoantennas for high-speed data networks
8. BioVex Appoints Dr. Thaddeus Pullano as VP, Quality Assurance
9. Codexis Appoints Singapore Laboratories Managing Director
10. Emisphere Technologies, Inc. Appoints Paul Lubetkin as Vice President and General Counsel
11. Nektar Therapeutics Appoints Tim Harkness as Chief Financial Officer
Post Your Comments:
(Date:11/24/2015)... 24, 2015  Asia-Pacific (APAC) holds the third-largest ... market. The trend of outsourcing to low-cost locations ... higher volume share for the region in the ... margins in the CRO industry will improve. ... ( ), finds that the market earned ...
(Date:11/24/2015)... ... November 24, 2015 , ... Copper ... unless it is bound to proteins, copper is also toxic to cells. With ... Worcester Polytechnic Institute (WPI) will conduct a systematic study of copper in the ...
(Date:11/24/2015)... PA (PRWEB) , ... November 24, 2015 , ... This ... entrepreneurs at competitive events in five states to develop and pitch their BIG ideas ... projects from each state are competing for votes to win the title of SAP's ...
(Date:11/24/2015)... CITY , Nov. 24, 2015 /PRNewswire/ - ... "Company") announced today that the remaining 11,000 post-share ... Share Purchase Warrants (the "Series B Warrants") subject ... were exercised on November 23, 2015, which will ... Shares.  After giving effect to the issuance of ...
Breaking Biology Technology:
(Date:11/16/2015)... Nov 16, 2015  Synaptics Inc. (NASDAQ: ... solutions, today announced expansion of its TDDI product ... touch controller and display driver integration (TDDI) solutions ... These new TDDI products add to the previously-announced ... TD4302 (WQHD resolution), and TD4322 (FHD resolution) solutions. ...
(Date:11/12/2015)... , Nov. 11, 2015   Growing need ... analytical tools has been paving the way for ... determination of discrete analytes in clinical, agricultural, environmental, ... being predominantly used in medical applications, however, their ... sectors due to continuous emphasis on improving product ...
(Date:11/10/2015)... 10, 2015 About signature ... helps to identify and verify the identity of ... as the secure and accurate method of authentication ... particular individual because each individual,s signature is highly ... when dynamic signature of an individual is compared ...
Breaking Biology News(10 mins):