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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

Comment by flushbreakeron May 30, 2019 8:34am
48 Views
Post# 29784339

RE:My understading

RE:My understadingI agree...VERY close to profitability indeed and the need for cash has diminished greatly due to lowered expenses. Another Bar signed as well. Idaho State Bar Signs Agreement for May 2019 launch of Identillects Delivery Trust 05/30/2019 8:00:00 AM IRVINE, Calif., May 30, 2019 (GLOBE NEWSWIRE) -- Identillect Technologies Corp. (the "Company" or "Identillect") (TSX-V: ID) , a trusted leading provider of compliant email security, announces the Idaho State Bar has selected Delivery Trust as a solution for bar members to meet and exceed the regulatory requirements to protect their member sensitive communications. Identillect has recently joined forces with many state bars across the United States providing the legal community the simplest and most secure way to communicate with clients and associates. The Idaho State Bar is dedicated to promoting the professional responsibility and competence of its members, improving the administration of justice and increasing the public understanding of and respect for the law. The Bar also takes pride in providing benefits to its members to improve the services that they provide their clients. The security education and digital communication tools provided by the legal cyber-security leader Identillect Technologies is one of those services. Diane Minnich, Executive Director of the Idaho State Bar, commented, The Idaho State Bar continually advances efforts to improve services for our members. We believe that the cyber-security protection platform and regulatory educational components that Identillect provides will help keep our members better informed about cyber-threats and security. Identillect CEO Todd Sexton states, Identillect is proud to be a security communication provider for Idaho State Bar. Idaho State Bar is a respected organization which encourages advanced cyber-security measures. Identillect has taken a solid foothold with state bar associations across the country and look forward to be a significant contributor to the ongoing benefits the Idaho bar members have grown to expect. In a recent American Bar Association article, David Ries, a well-known attorney and author on cyber- security stated, Confidential data in computers and information systems, including those used by attorneys and law firms, faces greater security threats today than ever beforeand they continue to grow! Security breaches are becoming so prevalent that there is a new mantra in cybersecurity today: Its when not if, a law firm or other entity will suffer a breach. In an ABA Tech Report 2017 article they highlighted that lawyers are being specifically targeted. Cyber-security threats are increasing, 43% of cyber-attacks are aimed at small businesses due to the lack of security infrastructure. The damages cybercrimes create for a business has no end in sight, it is estimated businesses will incur more than $6 Trillion annually by 2021. The best way a business can combat being another statistic is through employee education and security protocols. 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 Trust is 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 visit www.identillect.com On Behalf of the Board of Directors of: IDENTILLECT TECHNOLOGIES CORP. Todd Sexton Chief Executive Officer Tel: (949) 468-7878 Email: todd.sexton@identillect.com Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. This news release may include forward-looking statements that are subject to risks and uncertainties. All statements within, other than statements of historical fact, are to be considered forward looking. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include market prices, exploitation and exploration successes, continued availability of capital and financing, and general economic, market or business conditions. There can be no assurances that such statements will prove accurate and, therefore, readers are advised to rely on their own evaluation of such uncertainties. We do not assume any obligation to update any forward-looking statements except as required under the applicable laws.
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