VENICE, FL--(Marketwired - Oct 25, 2016) - Advanced Credit Technologies, Inc. (OTCQB: ACRT) has issued the following update on the company's business and information objectives going forward in the 4th quarter of 2016.
Advanced Credit Technologies, Inc. is pleased to announce that it has signed a "Teaming Agreement" with hCentive of Reston, VA, an industry leader in health care exchange networks. hCentive is successfully prevalent in 37 states and has enrolled over 7.2 million individuals in various state and federal exchanges. The increasing need for effective cybersecurity and the protection of consumer's ( PII ) personal identifiable information has birthed a great financial opportunity for both companies to create a unique and strategic partnership. Michael Sasko, Vice President of Government Solutions, says, "We are looking forward to offering our existing clients, and future RFP inquirers the two party authentication that CyberloQ offers." Global security spending will hit $86 Billion in 2016 according to Gartner Research. "The cybersecurity and fraud prevention market is a key focus for all companies; small, medium, and large," stated Chris Jackson, CEO of Advanced Credit Technologies, Inc. Terms of the agreement were not disclosed.
At hCentive, our mission is to empower everyone to gain access to health benefits. We are a leader in public and private exchange solutions that simplify the distribution and management of health insurance and ancillary benefits. Our WebInsure™ solutions fully support government agencies, insurance carriers, and brokers as they engage consumers and businesses and offer transparent access to benefits choices. Our innovative technologies deliver an integrated online benefits shopping and enrollment experience that is convenient and available anytime and anywhere.
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.