August 01, 2017 07:30 ET | Source: Identillect Technologies Corp.
IRVINE, Calif., Aug. 01, 2017 (GLOBE NEWSWIRE) — Identillect Technologies Corp. (the “Company” or “Identillect”) (TSX-V:ID) (OTCQB:IDTLF) (Frankfurt:8ID) announced today that STAT MedCare Solutions, a leader in medical and behavioral health provider enrollment and credentialing services has implemented Delivery Trust™ to maximize the protection of their clients. STAT MedCare Solutions has joined the growing list of organizations implementing Delivery Trust™ email security services. STAT MedCare has selected Identillect to implement HIPAA (Health Insurance Portability and Accountability Act) compliant email solutions which can encrypt and secure protected health information for communications with all their clients.
STAT MedCare Solutions applies a highly personalized approach to their client’s business needs from the very start. They understand that every business has their own specific challenges and technological requirements; with this in mind they cater their services to foster continual growth and improvement as those businesses mature over the years. One pervasive requirement encountered is the need to secure PHI (Protected Health Information) in electronic communications, which is why STAT MedCare has partnered with Identillect to ensure their client’s email security needs are satisfied in one easy step.
Cynthia Young, CEO at STAT MedCare Solutions, comments, “With the demand for HIPAA security standards and our commitment to protect our clients, many of whom are national organizations, our commitment is to their security and privacy. We examined many solutions but there was one clear choice, Identillect’s Delivery Trust, we found it to be secure, simple, enforceable and most importantly HIPAA compliant.”
Identillect CEO Todd Sexton states, “Identillect is pleased to be the chosen provider for STAT MedCare Solutions as they are there to assist medical entities of all types from inception through maturity assisting with all facets of development and prosperity. We know we can assist them and their clients to maximize their security measures and assist throughout the growth process.”
The cybersecurity market is one of the fastest growing markets in technology. Breaches involving accidental email/internet exposure of information were the second most common type of breach incident reported by the identity theft center. Global spending will cumulatively exceed $1 trillion dollars over the next 5 years, with cybersecurity damages predicted to reach $6 trillion globally by 2021 reported by CSO online. The need for advanced cyber security tools to prevent data breaches will only continue to increase with an estimated 4 billion online requiring security by 2020.
About STAT MedCare Solutions
STAT manages the entire credentialing life cycle for its clients, handling the entire process with the exception of signing documents. They have a proven record of removing barriers, increasing revenue and reducing medical claim denials associated with credentialing. Their approach with their clients is simple – we partner with our clients; we do the right thing, at the right time, and for the right price. The result? Clients for life! Their clients look to STAT for ways to improve revenue, reduce costs and improve outcomes. As clients grow their healthcare business, they need a reliable and thorough credentialing partner so they can focus on the day-to-day operations and growth of their business.
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
On Behalf of the Board of Directors of:
IDENTILLECT TECHNOLOGIES CORP.
Chief Executive Officer
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.