Department of Homeland Security Purchases Ingen's Medical Products
04 Setembro 2013 - 2:40PM
--Oxyview – Smart Nasal Cannula – Durable, Reliable, More
Accurate, Cost Competitive – Respiratory $8 Billion Dollar a Year
Business – Ingen Projects $50M Potential Annual Sales in
Respiratory Market Sector—Department of Interior and Homeland
Security Purchase Orders for IGNT with US Coast Guard and Naval Air
Forces--
Ingen Technologies Inc. (OTC:IGNT), (http://ingen-tech.com) the
holding company of two subsidiaries; a medical device manufacturing
company selling its patented medical products worldwide, and a
newly acquired growing telecom business providing services to major
telecom companies worldwide, announces today that the Department of
Homeland Security submitted a Purchase Order on August 31, 2013 to
purchase Ingen's patented respiratory medical products for the US
Coast Guard.
There may be promise in Ingen's patented Oxyview and Smart Nasal
Cannula with the Department of Homeland Security as Ingen's medical
device manufacturing division received a purchase order of 100
Oxyview Units for the US Coast Guard.
Recently the company announced the purchase order received with
the Department of Interior's Naval Air Forces Atlantic Division of
the US Military for the USS George Washington nuclear powered
aircraft carrier.
"We are very slow coming out of the gate on the medical product
side of our business, but recently there continues to be serious
interest from the Department of Interior and Department of Homeland
Security to continue to purchase and utilize our medical products.
The technology is proprietary and has benefits in the respiratory
sector. These benefits include better patient care, product
durability, reliability, increased accuracy and low cost to the
consumer. Our immediate focus with the company is to continue
decreasing debts and convertible notes as we minimize share
dilution on the way back to being fully reporting with OTC. Our
plans are to buy back shares, increase share price and shareholder
equity. We anticipate a stock holder dividend program in the future
as we continue to head in this direction of growth," stated Gary
Tilden, Chairman.
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
www.ingen-tech.com
info@ingen-tech.com
www.useatmc.com
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