BioSpace.com

Biotech and Pharmaceutical
News & Jobs
Search the Site
 
   
Biotechnology and Pharmaceutical Channel Medical Device and Diagnostics Channel Clinical Research Channel BioSpace Collaborative    Job Seekers:  Register | Login          Employers:  Register | Login  

NEWSLETTERS
Free Newsletters
Archive
My Subscriptions

NEWS
News by Subject
News by Disease
News by Date
PLoS
Search News
Post Your News
JoVE

CAREER NETWORK
Job Seeker Login
Most Recent Jobs
Browse Biotech Jobs
Search Jobs
Post Resume
Career Fairs
Career Resources
For Employers

HOTBEDS
Regional News
US & Canada
  Biotech Bay
  Biotech Beach
  Genetown
  Pharm Country
  BioCapital
  BioMidwest
  Bio NC
  BioForest
  Southern Pharm
  BioCanada East
  US Device
Europe
Asia

DIVERSITY

INVESTOR
Market Summary
News
IPOs

PROFILES
Company Profiles

START UPS
Companies
Events

INTELLIGENCE
Research Store

INDUSTRY EVENTS
Biotech Events
Post an Event
RESOURCES
Real Estate
Business Opportunities

 News | News By Subject | News by Disease News By Date | Search News
eNewsletter Signup
Miles
Km80.5

   

Ingen Technologies, Inc. (IGTN) Receives First Government Contract Purchase Order


4/5/2013 9:12:28 AM

RIVERSIDE, CA--(Marketwired - April 04, 2013) - Ingen Technologies, Inc. (PINKSHEETS: IGNT) is pleased to announce that on March 28, 2013, Ingen received a purchase order for its Smart Nasal Cannula ® from the US Forest Service.

In February of 2011 the company received a GSA (Government Services Administration) Department of Veterans Affairs Federal Supply Contract Award that expires in 2016. Recently, the company engaged Virginia-based SenSoft International to assist in the record updating process that allows Ingen to receive purchase orders. As a result, the US Forest service was the first to enter a purchase order.

Our unique patented and proprietary respiratory device is a fit for a variety of markets expanding from the medical industry, aviation, Forest Service, protection agencies, and home health care. These markets combined represent over $65B in annual sales and growing markets.

"The company is very pleased to 'break the ice' on receiving its first government purchase order from our respiratory product division. This is a positive indication as the Company continues to work on closing the $3M purchase order from our export partner MMT Inc. Ingen is focused and running strong in a direction of growth and opportunity for our shareholders. Our acquisition of ATMC is just days away from finalization, and we will make an announcement next week as soon as that is official," commented Gary B. 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
http://ingen-tech.com/
Email Contact



Read at BioSpace.com

   

ADD TO DEL.ICIO.US    ADD TO DIGG    ADD TO FURL    ADD TO STUMBLEUPON    ADD TO TECHNORATI FAVORITES