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 Trust® for 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 recent HIMSS 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 visit http://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 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.