Advanced Credit Technologies, Inc. Launches Cyber Security IT Reseller Distribution Channel


VENICE, FL, June 05, 2018 (GLOBE NEWSWIRE) -- Advanced Credit Technologies, Inc. ("CyberloQ" or the "Company") (OTCQB: ACRT), the developers of CyberloQ™ Identity Access Management software, is pleased to announce its launch and sales efforts into the IT reseller channel of distribution.

ACRT’s President Chris Jackson says, “The company’s introduction to broadline IT distributors like Synnex will provide the company with access to hundreds of IT resellers in North America, including Value Added Resellers (VARs), Managed Solutions Providers (MSPs), and IT Integrators who specialize in providing identity governance solutions to the end user customer.” He goes on to say, “The IT channel can be a force multiplier for the company’s sales efforts and we hope to take advantage of the potential that this channel offers the company for future growth in the cyber security space.” This strategic method gives the Company an already existing “Sales Team” without incurring the cost along with direct access to resellers’ entire distribution networks. 

In addition, CyberloQ recently signed partner agreements with both Software & Peripherals, LP and Network America, Inc.

Software & Peripherals, LP is classified as a Third-Party Supplier and Aggregator.  As an Aggregator, Software & Peripherals assists potential Dell Corporation partners to navigate the process of introducing sales opportunities to Dell sales as the company goes through the on-boarding process. As a Dell Aggregator for over a decade, President Larry Tuggle states, “This allows the Dell account team to move forward with deals while the on-boarding process takes place with the vendor partner.  CyberloQ becomes a natural fit for our Team and partners; we are excited to move forward with the CyberloQ Team and secure some of our networks. This is a much needed product in todays cyber-secure environment.”

Established in 1991, Network America is a premier professional services organization providing license procurement, design, training, implementation and ongoing support for systems management, security management, asset management, mobility management, and service management solutions to organizations worldwide. Headquartered in Treasure Island, Florida, Network America is a veteran-owned small business and is a schedule 70 GSA holder. Joe Meier, President and CEO of Network America remarked, "Network America's seasoned services and consulting team has been helping businesses choose and implement the most powerful, layered security solutions available. The partnership with CyberloQ will enable our customers to further protect and secure user devices like never before." 

CyberloQ is a Multifactor Authentication (MFA) cyber security application that uses the unique identifier from any mobile device in combination with the user’s PIN number and geo-location services to create a scalable “invisible fence” which automatically disables a user’s account if they breech the secure perimeter. (see www.cyberloq.com for more information).

Safe Harbor:
From time to time, the Company may issue news releases that contain "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, and is subject to the safe harbor created by those sections. This material may contain statements about expected future events and/or financial results that are forward-looking in nature and subject to risks and uncertainties. For those statements, the Company claims the protection of the safe harbor for forward-looking statement provisions contained in the Private Securities Litigation Reform Act of 1995 and any amendments thereto. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, goals, assumptions, or future events or performance are not statements of historical fact and may be "forward-looking statements." "Forward-looking statements" are based upon expectations, estimates and projections at the time the statements are made that involve a number of risks and uncertainties that could cause actual results or events to differ materially from those anticipated.

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