VANCOUVER, British Columbia, Nov. 03, 2017 (GLOBE NEWSWIRE) -- Identillect Technologies Corp. (the “Company” or “Identillect”) (TSX-V:ID) (OTCQB:IDTLF) (Frankfurt:8ID) is pleased to announce that Gerald Hetrick has joined the Company’s Board of Directors.
Mr. Hetrick comes from a successful background of driving significant growth in technology companies. With experience in senior technical, operations and executive roles, Mr. Hetrick’s specific skillset positions him to be a valuable asset to the Identillect Board of Directors. His deeply technical background will be key to the development and integration of blockchain technology to Identillect’s security services. In his recent COO position at Vox Mobile, Mr. Hetrick also played a key role in driving enterprise growth by accelerating product development, sales and marketing.
Todd Sexton, CEO of the Company stated, “We are very pleased to have Gerald join the Company, and look forward to utilizing his experience and success in the technology space as we continue to grow the Company’s subscriber and revenue base.”
As Identillect continues to expand its product infrastructure and offerings with technology such as blockchain, the addition of technical experts among the Company’s Board of Directors will assist it in driving this growth and remain on the cutting edge of security technology.
The Company also announces that it has granted a total of 2,675,000 incentive stock options to certain directors, officers, consultants and employees of the Company. The options have an exercise price of $0.155 per share and expire in 5 years.
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.
Chief Executive Officer
Tel: (949) 468-7878
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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.
Source:Identillect Technologies Corp.