YUCAIPA, Calif., Oct. 8, 2009 (GLOBE NEWSWIRE) -- Ingen Technologies, Inc. (Pink Sheets:IGNT), a leading Global Medical Device manufacturer focused in the $ 4 Billion Respiratory Market for the growing ageing and emerging markets for Home (DME), Hospital and Aviation Industries announced today that the company has signed a national 5 month campaign with The Money Channel and American Scene Radio program to reach millions of wealthy investors.
The Money Channel offers Ingen major exposure to the investment world. The program includes 12 Investor Showcase Radio segments on the American Scene radio program from now through March 31, 2010. Ingen will also be present at the World Money Show in February-2010 which will be a televised segment on Fox Business Television.
The Money Channel is one of the most successful, national Money-talk Radio programs in America. "Steve Crowley's American Scene" was launched from the Disney/MGM Radio Studios at the Walt Disney World Resort in June 1990. American Scene attracts a larger and larger radio audience every month from coast to coast. The Money Channel recently added Boston and Atlanta affiliates to our tremendous national lineup of stations. Today, The Money Channel has a national base of 3,000,000 listeners on a three-hour daily radio broadcast through the mighty IRN/USA Radio Network affiliates, plus other affiliates, and they have a growing listening audience on the Internet worldwide. This is the primary destination for Steve Crowley's insights and advice in the financial world. Plus Steve interviews all the top experts, analysts, money managers and authors covering stocks, investments, business, the economy and trends, Small-Cap CEOs and much more. More than 200 Financial "Stars" are interviewed in constant rotation....from Steve Forbes to Tobin Smith to Beth Dater to Joe Battipaglia. No other Money-talk Radio Program in America even comes close to this level of credible content.
"I have worked with Steve Crowley over the past several years, and The Money Channel and American Scene Radio have been very effective in the ability to introduce Ingen Technologies to a large group of wealthy investors. Ingen is performing very well with sales, operations, and projected growth trends. The company is at its reflex point, and projections for 2010 include revenues over $10M, several new Oxyview products, a decrease in manufacturing costs and an increase in margins, as well as an increase in earnings," stated Scott R. Sand, Chief Executive Officer and Chairman of the Board.
About Ingen:
Ingen is an established medical device manufacturer with an emerging new medical product line for the respiratory market worth an estimated $4 Billion in the U.S., and $8 billion globally. The company introduced Oxyview into the respiratory market in late 2007 after securing U.S. and Foreign Patents and successful licensing with the Food & Drug Administration, and has commenced domestic and global distribution with manufacture representative organizations, and OEM partners. In addition to selling its respiratory products within the global medical industry, the company is selling the same products within other industries that include aviation, automotive, emergency response, military and government transportation. The company holds a Device Manufacturing License with the State of California, Department of Public Health, Food and Drug Branch as it manufacturers all of its respiratory products in the United States. There are 32 million U.S. patients with Chronic Obstructive Pulmonary Disease (COPD), and 600 million patients worldwide. Ingen Technologies is now the largest manufacturer of in-line gravity-independent oxygen flow meters.
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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.