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security investing

COMPacific Partners with Identillect’s Delivery Trust

Bala Yogesh
Jul. 31, 2018 09:30AM PST
Defense And Security Investing

Identillect Technologies (TSXV:ID), a leading provider of email security is continuing to add more clients for its Delivery Trust service with the company announcing that COMPacific has selected the platform. COMPacific, a provider of complete offering of IT equipment, technical services and education will use Delivery Trust to  secure communications for its enterprise customers along …

Identillect Technologies (TSXV:ID), a leading provider of email security is continuing to add more clients for its Delivery Trust service with the company announcing that COMPacific has selected the platform.

COMPacific, a provider of complete offering of IT equipment, technical services and education will use Delivery Trust to  secure communications for its enterprise customers along with its extensive relationship with government and military agencies.

As quoted in the press release:

COMPacific provides a complete offering of IT equipment, technical services, and education.  COMPacific has seen continued growth for the past 20 years and has expanded their services offer to serve all of Guam and Micronesia. As expert IT Solution Providers for all aspects of technology across Guam and Micronesia, COMPacific serves individuals, private/public enterprises, and the largest aspect of their business is Government agencies including the US Military.

Manouchehr Sabeti, Founder of COMPacific states, “COMPacific has developed the reputation of serving all IT aspects across Guam, we have grown our service offering and customer by serving enterprise clients along with being one of the largest government and U.S. Military providers. We are pleased to introduce this new secure communication offering to our extensive customer base. With the upsurge of cybersecurity threats there is an increasing need for secure communication and we are excited to offer this advanced security offering from Identillect.”

As the growing threat of cyber-attacks fuels the growth of the cyber security industry, the email encryption market will grow as well, estimated to be worth more than $4.21 Billion USD by 2020.  Email-borne cyber-attacks are the second most common type of cyber security breach according to the Identity Theft Center with the average cost of a data breach now estimated at more than $3.62 million.

Todd Sexton, CEO of Identillect Technologies comments, “The trend of growing security measures in the government sector continues to rise now as we partner with organizations like COMPacific we will be able to serve all of their government customers. Identillect is pleased to provide an exclusive partnership with COMPacific for Guam and all of Micronesia to serve their enterprise and government customers security needs throughout Guam. We believe this partnership will be extremely beneficial to the growth of both organizations.”

Click here for the full text release.

security investing email encryption tsxv:id delivery trust
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