OTC Financial Network Issues Favorable Report on Ingen Technologies

CALIMESA, Calif., Aug. 5, 2004 -- Ingen Technologies, Inc. , a growth-oriented technology company, announced today that OTC Financial Network, a division of National Financial Communications, has issued a favorable InvestorFacts report on the Company. The report includes a profile of the Company's patented products; market opportunities; growth strategies; management team and investment considerations. Interested parties can view the report online at http://www.otcfn.com/crtz/report.html or call 781-444-6100 x625 for reprints.

Geoffrey J. Eiten, publisher of the OTC InvestorFacts report said, "Ingen's experienced leadership, proprietary BAFI product with first to market status, creates an important opportunity for early-entry investors. With co-founders and current managers having already invested more than $4,000,000 toward the research, development and test market of its product lines, management has set the stage for substantial marketing and distribution opportunities upon full-scale distribution, which will allow for multiple revenue streams across several platforms and significant long term potential for appreciation."

About Ingen Technologies

Ingen Technologies is a growth-oriented technology company that offers a diverse and progressive service and product line. The Company's flagship product is its BAFI(TM) product, the world's first, wireless digital low gas warning system for pressurized gas cylinders. BAFI, now in its second generation, is an accurate and cost-effective, real-time pressurized gas warning system that will alert users when gas levels are approaching empty.

The BAFI line has multiple applications in the medical sector, safety and protection (fire and police), aircraft, recreation vehicle and outdoor uses, as well as home and residential, construction and military. BAFI is a patented product that meets or exceeds regulatory compliance of this time of product and is completed and in production. For investor information, visit www.otcfn.com/crtz.

About OTC Financial Network

OTC Financial Network, a division of National Financial Communications Corp. (www.nationalfc.com) based in Needham, Massachusetts, is a full-service financial communications and investor relations firm that specializes in micro-cap companies. The Company's proactive campaigns are custom designed to strengthen each client's presence in the investment community by disseminating breaking news and fundamental positions to spheres of influence; building upon the client's existing shareholder base; and soliciting institutional coverage. For more information, visit http://www.otcfn.com/.

Disclaimer: OTC InvestorFacts, published by National Financial Communications Corp., endeavors to supply its readers with sound opinions and advice based on its analysis of publicly available information from sources believed to be reliable, but makes no representation as to its accuracy or completeness. Opinions and advice of OTC InvestorFacts are not based upon individual needs or investment objectives of readers nor are they an offer to buy or sell securities. National Financial Communications Corp. and the publisher of OTC Investor Facts have received fees and compensation from the featured company. National Financial Communications Corp., its affiliates and subsidiaries and/or their officers and employees may from time to time acquire, hold or sell a position in the securities mentioned in its newsletters. Upon request, the Company will be pleased to furnish specific information in this regard. Additional information on any securities discussed is available upon request. For full disclosure information, go to http://www.otcfn.com/crtz.

This Press Release contains certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The company has tried, whenever possible, to identify these forward-looking statements using words such as "anticipates," "believes," "estimates," "expects," "plans," "intends," "potential" and similar expressions. These statements reflect the company's current beliefs and are based upon currently available information. Accordingly, such forward-looking statements involve known and unknown risks, uncertainties and other factors, which could cause the company's actual results, performance or achievements to differ materially from those expressed in or implied by such statements. The company undertakes no obligation to update or advise in the event of any change, addition or alteration to the information catered in this press release including such forward-looking statements.