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File: Identillect Press Release Tammac V2.docx
Identillect deployed Delivery Trust to Tammac Holdings Corp.
Enhancing the Email Cyber Security Measures Organization- Wide
Delivery Trusttrademark Email Encryption Provides Secure Communication for Real Estate Professionals in all Facets of
--->the Real Estate Process
IRVINE, Calif., September 9, 2019 (GLOBE NEWSWIRE) -- Identillect Technologies Corp. (the "Company" or "Identillect")
--->(TSX-V:ID), a trusted leading provider of email security with blockchain technology, announced the deployment througho
--->ut the Tammac organization to provide secure communications and wire fraud protection. As wire fraud continues to be t
--->he fastest growing cyber-crime within the real estate industry, Identillect combats this problem with the utilization
--->of Blockchain Technology to assist in the prevention of man-in-the-middle attacks.
Tammac Holdings Corporation has been a leader in offering new and competitive financing options to the manufactured ho
--->using industry. Supported by cutting-edge technology, Tammac remains true to its long-held philosophy of personalized
---> service. Tammac currently operates in 13 states in the Northeast and Midwest and has originated over $1 billion in ma
--->nufactured housing loans since 1997, it was the first company to offer an industry-friendly land/home construction pro
--->gram.
Jim Zarra, IT Manager at Tammac Holdings Corporation states, "Tammac Holdings Corporation continually increases the se
--->curity measures within all facets of the organization. We have recently integrated Delivery Trust email security to en
--->hance the protection measures throughout our organization. We are pleased to deploy this simple and secure solution de
--->signed for the real estate industry."
The fastest growing real estate cyber-crime is wire fraud, 27% of all real-estate cyber-crimes stemmed from wire frau
--->d. Wire fraud in real estate saw a significant increase from $19 million in 2016 to $969 million in 2017. In 2016, the
---> FBI saw a 480% increase in wire fraud complaints over the previous year. The FBI has not released the severity of 201
--->8 numbers but based on the increase in actual wire fraud from 2016 to 2017 a large surge is anticipated. With the majo
--->rity of real estate transactions occurring over email, the FBI has issued a warning BEC Scam (business email compromis
--->e) "targets all participants in real estate transactions" this means no transaction is safe without the proper securit
--->y measures.
Todd Sexton, CEO of Identillect Technologies comments, "We are thrilled to be serving the cyber security needs of Tamm
--->ac Holding Corporation, they are a well-respected organization involved in all facets of the manufactured home buildin
--->g and selling process. As the need for cyber protection continues to grow and wire fraud becomes one of the FBI's most
---> challenging crimes to combat, Identillect will continue to assist in the prevention of this form of cyber-crime."
Identillect continues to serve real estate professionals throughout the United States which is critical due to the fac
--->t there were 6.3 million home sales in 2018, this provides an epic opportunity for cyber-criminals to irreparably affe
--->ct this industry. Identillect, with one of the only email security offerings directly focusing on this problem, is ant
--->icipated to make large inroads in preventing wire fraud.
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 Trusttrademark, empowering enter
--->prises of all sizes to protect their business and their client's critical information against cyber security attacks.
Delivery Trusttrademark is an award-winning, multi-platform plug-in, which gives users complete control of their email
--->s, 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
About Tammac Holdings Corporation
Founded in 1976, Tammac Holdings Corporation has been a leader in offering new and competitive financing options to th
--->e manufactured housing industry. Supported by cutting-edge technology, Tammac remains true to its long-held philosoph
--->y of personalized service. Tammac currently operates in 13 states in the Northeast and Midwest and has originated over
---> $1 billion in manufactured housing loans since 1997, it was the first company to offer an industry-friendly land/home
---> construction program.
For more information, please visit https://www.tammac.com/
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Vent
--->ure 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 w
--->ithin, 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-l
--->ooking statements. Factors that could cause actual results to differ materially from those in forward-looking stateme
--->nts include market prices, exploitation and exploration successes, continued availability of capital and financing, an
--->d general economic, market or business conditions. There can be no assurances that such statements will prove accurat
--->e and, therefore, readers are advised to rely on their own evaluation of such uncertainties. We do not assume any obl
--->igation to update any forward-looking statements except as required under the applicable laws.
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