Identillect Technologies Corp.
TSX VENTURE : ID

Identillect Technologies Corp.

October 27, 2016 08:30 ET

Identillect Continues to Build Reseller Relationships In the United States Medical Insurance Industry

Delivery Trust™ Brings a Simple HIPAA Compliant Email Encryption Solution Heading Into Open Enrollment for Healthcare

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Oct. 27, 2016) - Identillect Technologies Corp. (the "Company" or "Identillect") (TSX VENTURE:ID) is pleased to announce success with Independence Marketing Group, Inc. ("IMG") a multi-line insurance brokerage which has begun implementing the use of Delivery Trust™ within its network of Health & Life insurance agents across several states within the United States.

Based in Texas, IMG has licenses in Texas, California, Louisiana, Florida, Oklahoma, Missouri, Nevada, Kansas, and Indiana and provides client services for over 1,000 health insurance professionals.

Combined Open Enrollment for Medicare Advantage and Affordable Care Act (ACA) individual and family health insurance is limited - to a 105 day period from October 15, 2016 through the end of January 2017 where seniors, individuals, families and businesses can change their health insurance coverage. Outside of this timeframe, changes cannot be made to health coverage, therefore, this is the busiest time of the year for disseminating health information,

Mr. Andrei Lorilla, President and CEO of Independence Marketing Group, Inc. Health and Life Insurance Brokerage, "As a successful insurance broker it is critical I maximize the protection of my agents and clients throughout the year especially during open enrollment. During this time period protected health information (PHI) is communicated at a substantial rate therefore, IMG is adamant about the need for email security and exclusively selected Identillect's Delivery Trust as the tool for our agents. This selection was based on their outstanding usability, security, and ease of implementation."

Todd Sexton, CEO of Identillect states, "The need for simple security is extremely apparent in the medical industry, however, this security becomes invaluable during the busiest times of the year such as Open Enrollment. Identillect is proud to have partnered with Independence Marketing Group to bring security to all of their agents as they have been extremely security conscious through this process." Health Care represents one of the largest industries affected by data breaches and Identillect has developed a special program designed for insurance brokers to easily implement this system for all their agents ensuring HIPAA compliant secure email to insurance agents.

Identillect, from historical subscriber uptake anticipates substantial growth within the medical insurance space throughout 2016 and 2017 as it is one of the highest growth industries in need of security in the medical industry. The medical insurance industry consists of over 500,000 insurance agents and Delivery Trust is the ideal service for these individuals.

About Independence Marketing Group, Inc. (IMG), Health and Life Insurance Brokerage

IMG helps insurance agents, agencies, brokerages, and wholesale distributors nationwide maximize potentials, penetrate opportunities to achieve personal, professional, and corporate goals. Our business platform serves as a solid foundation where our partners achieve growth and success. IMG provides access to a sustainable business model that drives our partners to operate a highly efficient and effective distribution.

About Identillect

Identillect's Delivery Trust proprietary e-mail encryption delivery technology is targeted at organizations of all sizes, as well as individuals, and is sold to consumers on a monthly subscription basis. The product can be accessed by customers on both desktop and mobile devices, and messages are secured with patented, state-of-the-art encryption technology with the click of a button, ensuring their safety while in transit.

Since commercializing the product, Identillect has quickly grown its subscriber base and is becoming recognized in the security industry as a top e-mail security provider. Visit https://identillect.com/ to learn more.

On Behalf of the Board of Directors of:

IDENTILLECT TECHNOLOGIES CORP.

Todd Sexton, Chief Executive Officer

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.

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