VANCOUVER, BRITISH COLUMBIA–(Marketwired – Sept. 20, 2016) – Identillect Technologies Corp. (the “Company” or “Identillect”) (TSX VENTURE:ID) is pleased to announce it has continued its reseller success with leading residential mortgage lender WA First Mortgage. Identillect has been actively servicing the Real Estate and Mortgage industry since its inception, where data breaches are affecting this sector at an alarming rate with a 23% increase in data breach costs over the past three years.
WA First Mortgage is the most recent company to utilize Identillect’s secure email and electronic signature platform, Delivery Trust™. WA First Mortgage serves borrowers throughout the states of Washington, Oregon, California and Colorado.
Wendell Smith, VP and Senior Loan Originator states, “At WA First Mortgage our client’s security is of the utmost importance. Deploying Delivery Trust™ helps us ensure we are on the leading edge of security and technology to keep true to our core values. WA First Mortgage requires excellence from our employees and our business to ensure our borrowers feel confident, safe and enjoy their experience.”
WA First Mortgage ensured Identillect went through a rigorous process to complete approvals by over 45 lending providers; Identillect has met and exceeded their security and process qualifications. Throughout this process, Identillect has forged new relationships with these financial institutions based on the superior product Identillect provides.
Todd Sexton, CEO of Identillect states, “We are pleased to be servicing WA First Mortgage encryption needs as they are a security conscious lender in the large U.S mortgage community. Identillect is pleased to be able to provide the most versatile and secure product for the increasing needs of this market as we anticipate significant growth in this area in 2017. The new relationship’s we are forging are expected to strengthen our position in servicing this expanding segment of business.
About Identillect
Identillect’s Delivery Trust™ proprietary e-mail encryption technology targets organizations of all sizes, and is sold to medical professionals on a monthly subscription basis. Delivery Trust™ can be accessed by medical professionals on a vast array of electronic communication devices. All messages and their attachments are secured with patented, state-of-the-art encryption technology while providing complete control of the message with the click of a button, ensuring safety and control while in transit.
Since commercializing the product, Identillect has quickly grown its subscriber base and is becoming recognized in the security industry as a top e-mail security provider. Visit https://identillect.com/ to learn more.
On Behalf of the Board of Directors of:
IDENTILLECT TECHNOLOGIES CORP.
Todd Sexton, Chief Executive Officer
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.
Todd Sexton
Chief Executive Officer
(949) 468-7878
[email protected]
Investor Relations:
Arlen Hansen
Kin Communications
1-866-684-6730
[email protected]
