Identillect Announces Listing on the Frankfurt Stock Exchange
Irvine, CA – Identillect Technologies Corp. (TSX-V:ID | OTCQB: IDTLF | Frankfurt: 8ID) (the “Company” or “Identillect”), a leading provider of SaaS email security, is pleased to announce the listing of its common shares for trading on the Frankfurt Stock Exchange under the symbol 8ID.
The Frankfurt Stock Exchange is one of the world’s largest (behind only the Nasdaq and NYSE) organized exchange-trading market in terms of turnover and dealings in securities. The electronic trading platform of the Frankfurt Stock Exchange, XETRA®, has made it the world’s second-largest fully electronic cash market with direct linkage to all other major European financial hubs.
With this listing, Identillect’s common shares are now listed on the TSX Venture Exchange, the OTCQB, and the Frankfurt Stock Exchange. This European listing will help to increase the Company’s trading liquidity and facilitate investment in Identillect by European investors. Thru the Frankfurt listing all major financial hubs such as Switzerland, Luxembourg, Lichtenstein and Monaco and others will be easily reached.
Identillect CEO Todd Sexton stated, “We are excited by today’s announcement. Identillect obtained this listing in an effort to increase our shareholder base, add trading liquidity and facilitate investment in Identillect by investors in Germany, and establish corporate awareness and brand recognition throughout Europe. The timing of this additional listing could not have been more significant as an unrivaled global cyber-attack is underway. As of Sunday, May 14th, 200,000 computers in at least 150 countries have so far been infected by WannaCry, according to Europol, the European Union’s law enforcement agency. Email security is one of the most responsible actions a business can take to protect their organization When businesses delay on the implementation of a solution such as Delivery Trust, or implement an inferior solution, they run significant risk of being out of regulatory compliance, eroding customer confidence, experiencing a loss of market share, as well as becoming a cyber security statistic.”
Identillect’s International Security Identification Number (ISIN) is: CA45168X1006, and its national securities identifier (WKN) is: A2DN2S.
Identillect (TSXV: ID, OTCQB: IDTLF, Frankfurt: 8ID) is a leading provider of proprietary email encryption services. Identillect’s Delivery Trust™ email security technology platform empowers individuals and businesses of all sizes a cost-effective way to create a more secure digital environment and protect against cyber security risks. Delivery Trust™ is the industries simplest plug and play security solution with a broad range of features including; state of the art encryption technology, restricting email forwarding and printing, receipt confirmation, limiting time available to view, and retracting sent emails. Delivery Trust™ is available for iPhone®, iPad®, Android, Windows and Mac PC’s and Laptops and the web’s most popular email platforms. 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. To get more information, visit www.identillect.com; follow us on Twitter @IdentillectTech or on Facebook @identillecttechnologies.
IDENTILLECT TECHNOLOGIES CORP.
Chief Executive Officer
Identillect Technologies Corp.
Tel: (949) 468-7878
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.