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Identillect Announces New Sales Executive to Drive Its Revenue Growth Strategy

IRVINE, Calif., July 18, 2017 (GLOBE NEWSWIRE) -- Identillect Technologies Corp. (the "Company" or "Identillect") (TSX-V:ID) (OTCQB:IDTLF) (Frankfurt:8ID), a leading provider of SaaS email security today announces the appointment of Guy Opochinski to Sales Development Manager. In this key role, Mr. Opochinski will be responsible for the Company’s sales and business development strategy. Guy’s mandate is to drive global business revenue growth, enhance market share, while leading Identillect’s internal sales team and strategic training program.

“Guy is a proven sales leader with extensive SaaS experience and brings almost 20 years of knowledge to the Identillect team,” said Todd Sexton, CEO of Identillect. “High profile cyber-attacks, including the attack on UK’s Parliament and WannaCry is driving our growth story and we are excited to be able to attract talent that can handle the influx of leads for the Company to execute on.”

Guy comes to Identillect with a proven track record of meeting and exceeding team revenue projections. Mr. Opochinski has developed his sales leadership expertise through organizations such as Quest Software, Dell and Alteryx. Guy has a broad background in team leadership and SaaS sales strategy. Guy holds a B.A. in Communications and Journalism from Rutgers University, New Brunswick, NJ.

The cybersecurity market is one of the fastest growing markets in technology. Breaches involving accidental email/internet exposure of information were the second most common type of breach incident reported by the identity theft center. Global spending will cumulatively exceed $1 billion dollars over the next 5 years, with cybersecurity damages predicted to reach $6 trillion globally by 2021 reported by CSO online. The need for advanced cyber security tools to prevent data breaches will only continue to increase with an estimated 4 billion online requiring security by 2020.

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

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.

IDENTILLECT TECHNOLOGIES CORP. Todd Sexton Chief Executive Officer Tel: (949) 468-7878 Email: todd.sexton@identillect.com Investor Relations: Arlen Hansen Kin Communications 1-866-684-6730 id@kincommunications.com

Source:Identillect Technologies Corp.