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Quentin RTO target to sell Delivery Trust on Newegg

2015-10-05 14:09 ET - News Release

Mr. Doug McFaul reports

QUENTIN RTO TARGET IDENTILLECT PARTNERS WITH NEWEGG TO BRING DELIVERY TRUST TO THE ONLINE RETAIL MARKET

Quentin Ventures Ltd. reverse takeover target Identillect Technologies Corp. has entered into a partnership agreement with Newegg, an on-line retailer of computer hardware and software, to provide its flagship product, Delivery Trust, for sale to the public on its website.

Newegg Inc. is the leading electronics-focused e-retailer in the United States and Canada. The Newegg website regularly earns industry-leading customer service ratings. The award-winning website has more than 28 million registered users and offers customers a comprehensive selection of the latest consumer electronics products, detailed product descriptions and images, as well as how-to information and customer reviews. With 2,500 employees and sales of $2.7-billion in 2013, Newegg is listed as No. 178 on the Forbes America's Largest Private Companies list.

The partnership between Identillect and Newegg will provide an easy location for people looking to protect their sensitive data. With no downloading of any software, individuals can start protecting their e-mails regardless of e-mail address. Identillect anticipates significant growth in sales through the distribution of this retail channel with its valued partner, Newegg.

"We are extremely thrilled to have the opportunity to work with such a retail giant as Newegg," said Todd Sexton, chief executive officer of Identillect. "At Identillect, we create secure solutions to protect critical information, with an emphasis on simplicity. Delivery Trust service is one of the simplest, most cost-effective end-to-end e-mail security solution on the market today. By partnering with Newegg, we are bringing the ease of e-mail security to the general public through the on-line retail world."

Trading in the common shares of the company will remain halted pending further filings with the exchange.

We seek Safe Harbor.

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