YUCAIPA, Calif., Oct. 5, 2009 (GLOBE NEWSWIRE) -- Ingen Technologies, Inc. (Pink Sheets:IGNT - News), a leading global Medical Device Manufacturer focused on the $4B Respiratory market with their Oxyview products for the growing aging population and emerging markets for Home (DME), Hospital and Aviation industries, announced today that Today's Senior Magazine October issue was distributed to 180,000 seniors in California and Texas combined.
The Company has a full-page editorial and a full-page color advertisement of the new Oxyview Nasal Cannula in the October 2009 issue of Today's Senior Magazine. Today's Senior Magazine -- a senior magazine that provides important information, plus local and national products and services for people fifty and over, is one of the most read and talked about senior publications in California and Texas.
The Company is prepared to manufacture another 100,000 Oxyview Nasal Cannulas and has recently sold 50,000 Oxyview Nasal Cannulas in the past 60 days. "The patients have shown that they want the new Oxyview Nasal Cannula. Our inventory is well stocked, and we have worked out the bugs in our shipping and receiving while we maintain FDA and ISO compliance," stated Scott R. Sand, Chief Executive Officer and Chairman. Sand further stated, "Our engineering and management team are reviewing our manufacturing processes to meet projected annual inventory of 15M Oxyview Nasal Cannulas or approximately $86M in product sales. This is not unrealistic when you consider how Ingen has positioned the product, secured patents and intellectual property and has brought in the right groups to move product into the USA and globally."
http://www.todayssr.com/ingen_technologies.html
www.ingen-tech.com
The Ingen Technologies, Inc. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=2472
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.
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