IRVINE, Calif., Feb. 22, 2018 (GLOBE NEWSWIRE) -- Identillect Technologies Corp. (the "Company" or "Identillect") (TSX-V:ID) (OTCQB:IDTLF) (Frankfurt:8ID), is pleased to announce it has been recognized in the TSX Venture 50® which are the 50 strongest performing companies (out of 1,653 listings) on the TSX Venture Exchange. Identillect was ranked 2nd in the Technology category based on a ranking formula which equally weights market cap, trading volume, and share price.
Identillect CEO Todd Sexton stated, "It is an honor to be selected as one of the leading technology companies for the TSX Venture 50. The award exemplifies Identillect’s innovative products addressing the cyber-security market and our growth strategy for 2018 and beyond. The support for Identillect’s vision from shareholders, customers and business partners has been invaluable and we are excited about what the future holds for Identillect in 2018."
This April, as part of the 2018 Venture 50 Program, the TSX Venture Exchange is partnering with Paradigm Capital to host a set of investor meetings for each of the Venture 50 winners to have pre-arranged meetings with several institutional investors. Identillect looks forward to participating in this program and getting in front of additional institutional investors.
On Behalf of the Board of Directors of:
IDENTILLECT TECHNOLOGIES CORP.
Todd Sexton
Chief Executive Officer
Tel: (949) 468-7878
Email: todd.sexton@identillect.com
About Identillect
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
TSX Venture 50 ranking
The TSX Venture 50 ranking is comprised of ten companies from each of the five industry sectors of the TSX Venture Exchange, being: Clean Technology and Life Sciences; Diversified Industries; Mining; Oil & Gas; and, Technology. TSX Venture 50 companies are selected based on three equally weighted criteria: market capitalization growth, share price appreciation and trading volume. The TSX Venture Exchange has advised the Company that it will be marketing the TSX Venture 50 rankings across Canada and around the world and will be posting a video profile about Identillect Technologies in February. These materials will be available at www.tmxmoney.com.
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.