IGEN Networks Subsidiary Nimbo LLC Reaches PRM Status within Verizon Wireless Partner Program

Spotlight Companies  |

Partnership agreements come with expectations. The deal has to be beneficial for both parties involved in order for the partnership to continue or be renewed. The American-based company  IGEN Networks Corp. (IGEN) (IGN:CNX) is one company holding up their end of their bargain in an agreement with one of the biggest names in cellular technology.

Nimbo LLC, a wholly owned subsidiary of IGEN, has announced that the company has received Partner Relationship Management (PRM) status within the Verizon Partner Program.

Joining the partnership program earlier this year, Nimbo has an improved and direct engagement with the Verizon Communications, Inc. (VZ) sales team, since the company’s products and services are now fully integrated into the PRM.

“Since announcing our engagement with Verizon back in May 2015, we have been working diligently to reach the volumes required to achieve PRM status, and are delighted to have successfully attained this next step,” said said Neil Chan, CEO of IGEN Networks. “We can now share lead referrals directly through Verizon’s CRM, and provide activations and commissions for Verizon sales within the full Verizon sales hierarchy. Simply put, integration into the Verizon PRM portal allows us to market directly to and with Verizon’s sales force of over 11,000 sales people.”

Continued Growth for IGEN

IGEN Networks is an investor and manager of companies that provide cloud-based services through Machine-to-Machine device technologies. IGEN’s self-provisioning applications are used to manage and recover stolen assets, provide access to roadside assistance programs, and improve productivity of commercial fleets.

This development continues to demonstrate Nimbo and IGEN’s continued growth. In early October, the company’s publicly listed stock was added to the CSE Composite Index. Furthermore, the company’s Southern California automotive dealership program, in partnership with Star Shield Solutions LLC and Sky Force Technology Inc., was launched in June.

Maintaining partnerships is important, and yielding strong performance and promising numbers is essential for each party in any partnership. “Verizon is not only the largest wireless operator in the United States; they deliver integrated solutions to customers around the globe with reach in more than 150 countries,” said Chan. “We are clearly excited about the opportunity to further enhance our partnership and the potential it brings.”

For more information about IGEN Networks, visit www.igen-networks.com/.

Disclosure: In the purview of Section 17(B) of the Securities Act of 1933 and in the interest of full disclosure, we call the reader's attention the fact that Equities.com, Inc. may be compensated by the companies profiled in the Spotlight Companies section. The purpose of these profiles is to provide awareness of these companies to investors in the micro, small-cap and growth equity community and should not in any way come across as a recommendation to buy, sell or hold these securities. Equities.com is not a registered broker, broker dealer, investment advisor, analyst, investment banker or underwriter. All profiles are based on information that is available to the public. The information contained herein should not be considered to be all-inclusive and is not guaranteed by Equities.com to be free from misstatement or errors. Readers are reminded to do their own due diligence when researching any companies mentioned on this website.


DISCLOSURE: The views and opinions expressed in this article are those of the authors, and do not represent the views of equities.com. Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure, please go to: http://www.equities.com/disclaimer


Symbol Name Price Change % Volume
VZ Verizon Communications Inc. 56.83 -0.25 -0.44 15,223,854 Trade



Symbol Last Price Change % Change










Can the Media Solve the Partisan Conflict?

Andrew McCarthy, Contributing Editor, The National Review; Michael Zeldin, CNN Legal Analyst; Celeste Katz, Senior Political Reporter, Glamour; Silvia Davi, SVP, Contributing Editor, Equities.com; and Doug Simon, CEO, D S Simon Media discuss how the media’s role has shaped the landscape for communicators and what the media is trying to do to reduce discord in society.

Emerging Growth

Singlepoint Inc

SinglePoint Inc is a mobile technology company engaged in mobile payments, mobile giving, and mobile bidding. It operates mobile commerce and communications platform to accept mobile credit card payments.