IRVINE, Calif., Dec. 04, 2017 (GLOBE NEWSWIRE) -- Identillect Technologies Corp. (the "Company" or "Identillect") (TSX-V:ID) (OTCQB:IDTLF) (Frankfurt:8ID), a leading provider of email security today announced Qubechain, a blockchain company in Southern California, will implement Identillect’s email encryption tool, Delivery Trust™. This represents the need for secure communication across technology and security companies alike.
The need for security continues to expand, and there seems to be no end in sight based on the increasing number of security breaches occurring. Recent statistics show 35 percent of companies suffered two or more breaches in the past 12 months. The estimates for 2017 define 3 in 5 companies will experience a breach this year and many will not even know it has occurred.
Qubechain is a growing blockchain company doing business in the healthcare, payment processing, digital wallet, and crypto currency fields. There is a growing need for blockchain integration in a multitude of industries, which provides expanded audit capabilities along with advanced security protocols. Qubechain, which is led by CEO Rees Morgan, has an accomplished team of technical and security professionals.
Rees Morgan, CEO of Qubechain stated, “We are pleased to integrate Identillect’s Delivery Trust. As we expand our business into a multitude of industries, we feel it is critical to maintain security in all facets of the company’s communications. Through our extensive research to locate the right solution for our organization we chose Delivery Trust due to its advanced security protocols and Identillect’s expansion into blockchain technology.”
Identillect’s CEO Todd Sexton was quoted, “Qubechain is an organization providing advancement and expansion within the blockchain industry, and we are excited to be their secure communication provider as they communicate in many highly regulated industries. Identillect’s partnership with Qubechain and Rees Morgan is expected to expand as this is a continually advancing area of security.”
Qubechain has also signed on as a reseller of Identillect’s Delivery Trust™ so that they may provide this offering to their clients in the various industries they service. Identillect is happy to welcome QubeChain as the most recent reseller of Delivery Trust™.
About QubeChain LLC
QubeChain LLC is built to foster transformation by leveraging creative innovation and deep industry expertise to produce Applied Uses of BLOCKCHAIN TECHNOLOGY across all industries. Founded in 2015, QubeChain has aligned with industry leaders in targeted verticals to create product offerings that use blockchain technology to solve actual pain points, including QUBEPAY, a B2B Supplier Enablement Payment Processing Suite for merchant retailers (i.e. Home Depot). Similarly, QubeChain is using blockchain to build a bridge between commercial healthcare systems and the patient, including a blockchain-enabled eHealth Exchange “use case” for the Military Health System (MHS) to allow secure, permissioned, mobile access to Patient Health Information.
QubeChain LLC foresees imminent blockchain disruption for most if not all value-exchange delivery systems and expects rapid growth on the strength of its various resources and relationships as well as the focus of its management team. Please visit www.QubeChain.com to learn more about Qubechain’s products and services.
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 client’s 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
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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.