VANCOUVER, BRITISH COLUMBIA–(Marketwired – June 1, 2016) – Identillect Technologies Corp. (the “Company” or “Identillect”) (TSX VENTURE:ID) is pleased to announce its premier partnership with the National Association of Professional Agents (“NAPA“).
NAPA reaches a user base of over 100,000 health insurance professionals in the United States, which equates to 20% of total health insurance professionals nationwide. They have chosen Identillect’s user-friendly email security solution Delivery Trust™ as their preferred email security solution to ensure compliance in digital communications.
NAPA and Identillect are working to provide an email security solution to health insurance professionals across the USA who are seeking to meet compliance requirements.
Todd Sexton, President and CEO of Identillect, states, “We are thrilled to be working with this highly regarded National Association. Partnering with reputable organizations is a large part of our business model to grow our subscriber base, and we envision that a vast majority of NAPA’s relationship network will adopt the Delivery Trust™ platform in the coming months.”
NAPA offers their members a range of compliance tools to meet Health Insurance Portability and Accountability (“HIPAA”) regulations. NAPA achieves this by providing members with compliance knowledge, resources, and solutions in the health insurance space in the United States.
HIPAA has become a significant influencer on how business is conducted as it relates to the medical industry. This regulation mandates that any patient medical information must be secured, at rest or in transit, by a medical provider, covered entity, or associate. This regulation is changing the landscape for the medical field and other industries related to medical services due to the increasing amount of data breaches. There are half a million professionals in health insurance alone, and millions more represented in the health services industry, which must comply with this regulation.
Recent federally initiated HIPAA audits have created a sense of urgency in the healthcare and health insurance industry. Professionals in these regulated sectors are finding themselves in need of compliant security technology to avoid penalties and fines.
About Identillect
Identillect’s Delivery Trust™ proprietary e-mail encryption delivery technology is targeted at organizations of all sizes, as well as individuals, and is sold to consumers on a monthly subscription basis. The product can be accessed by customers on both desktop and mobile devices, and messages are secured with patented, state-of-the-art encryption technology with the click of a button, ensuring their safety 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 www.identillect.com to learn more.
About NAPA
Since 1989, NAPA has offered access to a broad portfolio of insurance products and professional services including Errors & Omissions, Life, Health and dozens of ancillary offerings to over 100,000 NAPA members nationwide. Many of the most prominent insurance and financial companies in the industry utilize NAPA as their voluntary benefits provider. NAPA specializes in building custom company-sponsored E&O and benefit programs tailored to meet the unique needs of a sponsoring companies’ distribution force. Visit www.napa-benefits.org to learn more.
On Behalf of the Board of Directors of:
IDENTILLECT TECHNOLOGIES CORP.
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:
Kin Communications
Arlen Hansen
1-866-684-6730
[email protected]
