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Identillect Technologies Corp V.ID

Identillect Technologies Corp. operates through its wholly owned subsidiary, Identillect Technologies Inc. is a software development company that has developed an email encryption software solution. Its activities include research, design, and development of an email encryption solution for use by business and individuals in their day-to-day communication. Its software Delivery Trust is a proprietary email encryption technology targets organizations of all sizes, as well as individuals medical professionals, insurance companies, accountants, lawyers, real estate agents, and educators on a monthly subscription basis. Delivery Trust can be accessed by professionals on a range of electronic communication devices. Delivery Trust integrates multi-factor authentication (MFA) for account login as well as recipient verification. MFA combines two or more independent credentials: what the user knows (password), what the user possesses (token) or what the user is like (biometric verification).


TSXV:ID - Post by User

Post by goforit59on Apr 02, 2018 8:09am
93 Views
Post# 27813357

News

News2018-04-02 08:00 ET - News Release IRVINE, Calif., April 02, 2018 (GLOBE NEWSWIRE) -- Identillect Technologies Corp. (the "Company" or "Identillect") (TSX-V:ID) (OTCQB:IDTLF) (Frankfurt:8ID), a trusted leading provider of compliant security, announced today Covenant Administrators, Inc. , a Health Benefits Risk Management organization has selected Delivery Trustfor email communication security across its entire network. Covenant Administrators, Inc. is a Healthcare Risk Management Practice specializing in comprehensive Third-Party Administration (TPA) Services, Results-Based Risk Management Strategies, Funding & Plan Management through data analytics. They provide predictive modeling and superior reporting capabilities to arm their clients with the data and decision-making tools needed to control costs or minimizing health care outcomes. As Health Insurance Portability and Accountability Act (HIPAA) expands the size, type, and spectrum of companies being affected by HIPAA requirements, the need for simple and secure communication is more important than ever. Covenant Administrators, Inc. CEO James Ballew states, Maintaining our company's core strategic approach to the market, being customer centric in all we do, security of customer information is a top priority. While we have always kept our client data secure, we chose Identillect Technologies due to their security and compliance expertise coupled with the simplest and most secure communication path to our clients. Todd Sexton, CEO of Identillect Technologies comments, We are pleased to be able to provide Delivery Trust email security solutions to Covenant Administrators, Inc., a superior provider of Healthcare Risk Management Services. HIPAA continues to maximize enforcement of security policies, changing the way information is viewed in the medical space. Organizations supporting HIPAA related markets are seeing significant growth and the need to secure PHI. Identillect is poised to continue to be a top tier provider of secure communication. The Health Insurance Portability and Accountability Act (HIPAA) is legislation focused on data privacy and security for medical information. As a result of increasing cybersecurity threats, the rules surrounding internet security were enhanced to protect confidential patient information. In a recentHIMSS Survey, In the past 12 months, 75.7% of respondents said they had experienced a recent significant security incident, 61.4% of respondents said email was the main initial point of compromise. As this problem continues to grow, it is critical business in all industries and especially within HIPAA, where there is an inordinate amount of personal data, utilize encryption. Covenant Administrators, Inc. Covenant Administrators, Inc. is a Healthcare Risk Management Practice specializing in comprehensive Third-Party Administration (TPA) Services, Results-Based Risk Management Strategies, Funding & Plan Management through data analytics/data mining and member advocacy and lifestyle management techniques provided on a wholly integrated delivery model coupled with the highest level of personalized and flexible customer service from dedicated and seasoned professionals. Complete satisfaction and fulfillment of all your TPA and Managed Healthcare needs is our covenant to you. For more information on Covenant Administrators, Inc. please visithttps://www.covenantservicesgroup.com/ About Identillect Identillect Technologies is the leading provider of email encryption service Delivery Trust, empowering enterprises of all sizes to protect their business and their clients critical information against cyber security attacks. Delivery Trustis an award-winning, multi-platform plug-in, which gives users complete control of their emails, for one low price. One simple integration complies with all regulations and most importantly provides peace of mind. For more information, or your free trial, please visitwww.identillect.com On Behalf of the Board of Directors of: IDENTILLECT TECHNOLOGIES CORP.
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