VENICE, FL--(Marketwired - Jul 7, 2016) - Advanced Credit Technologies, Inc. (OTCQB: ACRT) has issued the following update on the company's business and information objectives going forward in the second quarter of 2016.
Advanced Credit Technologies, Inc. is pleased to announce that is has acquired joint ownership along with Mark Carten, the company CTO of the CyberloQ technology. Mr. Carten invented the unique "Digital Authentication and Security Method." Registration in the (uspto.gov) can be found under application number: 13707761.
The CyberloQ technology ( www.cyberloq.com ) allows the company to expand into additional vertical markets aside from the Debit/Credit Card industries stated Chris Jackson, CEO of Advanced Credit Technologies, Inc. This product will enable us to market to Financial Institutions, Universities, the Health Care Industry, Payment Processing, Insurance, and Government, anywhere that private DATA or financial transaction needs to be secured. Consumers and small business have a heightened sense of awareness in regards to financial and personal security, yet most are still unable to take proactive steps on their own to secure their information. This mobile APP solution will allow consumers to be their own gate-keepers and gain financial freedom and security.
From time to time, the Company may issue news releases that contain "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, and is subject to the safe harbor created by those sections. This material may contain statements about expected future events and/or financial results that are forward-looking in nature and subject to risks and uncertainties. For those statements, the Company claims the protection of the safe harbor for forward-looking statement provisions contained in the Private Securities Litigation Reform Act of 1995 and any amendments thereto.
Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, goals, assumptions, or future events or performance are not statements of historical fact and may be "forward-looking statements." "Forward-looking statements" are based upon expectations, estimates and projections at the time the statements are made that involve a number of risks and uncertainties that could cause actual results or events to differ materially from those anticipated.