Chairman States Substantial Growth on Ingen's Horizon
November 21 2013 - 12:00PM
- "This has been a very good year for
Ingen in terms of direction, change and growth." -
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Ingen Technologies Inc. (OTC:IGNT) (http://ingen-tech.com), a
holding company with wholly owned subsidiaries in the medical
device market and telecom industry, announces today the following
statement from the Chairman of the Board, Gary B. Tilden.
"This has been a very good year for Ingen in terms of direction,
change and growth. The company has been able to resolve over $2.4M
in debts, acquire a new business in the telecom industry with a
$25M growth budget, build a better management team and Board of
Directors with experience and credentials, work on resolving its
issues with DTCC to gain DTC Eligibility, and implement a plan to
move its operations on to the OTCQB with projected annual earnings
of $50M. Projections for 2014 are very promising, now that the
company has implemented the reorganization plan and demonstrated
its growth potential this past year. We are focused on increasing
the value of this company for our shareholders," stated Gary B.
Tilden, Chairman.
Financial Analyst Report:
http://www.otcmarkets.com/financialReportViewer?symbol=IGNT&id=95782
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Safe Harbor for Forward-Looking Statements: This news release
includes forward-looking statements. While these statements are
made to convey to the public the company's progress, business
opportunities and growth prospects, readers are cautioned that such
forward-looking statements represent management's opinion. Whereas
management believes such representations to be true and accurate
based on information and data available to the company at this
time, actual results may differ materially from those described.
The company's operations and business prospects are always subject
to risk and uncertainties. Important factors that may cause actual
results to differ are and will be set forth in the company's
periodic filings with the U.S. Securities and Exchange
Commission.
CONTACT: Gary Tilden
951-688-7840
Email Contact: Info@Ingen-Tech.com
Medical Division: www.ingen-tech.com
Telecom Division: www.useatmc.com
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