Luxury U.S. Department Store Implementing Intellicheck’s Retail ID Mobile Nationwide
October 17 2017 - 8:13AM
Business Wire
Leading-Edge Technology Solution Engages
Customers and Boosts Confidence with Fraud Protection
Intellicheck, Inc. (NYSE American:IDN), an industry leader in
delivering real-time threat identification and identification
authentication that provides the antivirus to the epidemic of
counterfeit IDs, today announced that a renowned national
department store chain is deploying Intellicheck’s Retail ID
Mobile™ at all of its premier and outlet store locations
nationwide.
Retail ID Mobile is providing the chain’s retail stores with
state-of-the-art, real-time identification authentication to
prevent fraud in card not present transactions and new store card
account openings. Implementation of Retail ID Mobile increases
customer confidence and enhances the customers’ experience with the
easy-to-use technology solution.
"We are excited that yet another prized brand has chosen our
technology solution following an extensive, rigorous pilot test
delivering proof of Retail ID Mobile’s superior performance.
Retailers recognize they must act to stem the steep losses
associated with fraudulent transactions. Those losses are
increasingly causing an erosion in customer confidence and the
bottom line. With the holiday season rapidly approaching, our
growing list of partners will continue to realize important gains
because they now have this powerful fraud fighter working to
protect their transactions and improve the customer experience,”
said Intellicheck Interim CEO Bill White. “At the same time, we are
pleased to provide our shareholders with another positive progress
report underscoring an important achievement in positive
incremental revenue growth and product adoption,” noted White.
Retail ID Mobile transforms mobile devices, such as smartphones
and tablets, into a potent fraud deterrent. Design features reflect
Intellicheck’s deep understanding that the customer experience is a
critical element, which defines the retailers' brand and makes the
difference between a satisfied customer that will return and remain
brand loyal and a negative experience. Economical and easy to
implement, Retail ID Mobile eliminates the need to integrate with
the retailer’s point-of-sale system providing a quick path to
realizing revenues.
About Intellicheck NYSE American:IDN
Intellicheck is the industry leader in technology solutions that
are the antivirus to the epidemic of counterfeit IDs providing
real-time threat identification and identification authentication.
Our technology solutions make it possible for our clients to
enhance the safety and awareness of their facilities and people,
improve customer service, and increase operational efficiencies.
Founded in 1994, Intellicheck has grown to serve dozens of Fortune
500 companies including retail and financial industry clients,
police departments, national defense clients at agencies, major
seaports, and military bases, and diverse state and federal
government agencies. The Company holds 25 patents including many
patents pertaining to identification technology. For more
information on Intellicheck, visit http://www.intellicheck.com/ and
follow Intellicheck on Twitter @IntellicheckIDN, on Instagram
@IntellicheckIDN, on LinkedIn
https://www.linkedin.com/company/intellicheck-inc-, on Facebook
https://www.facebook.com/intellicheckidn/, on YouTube
https://www.youtube.com/user/ICMOBIL, and read Intellicheck’s
latest blog post at http://intellicheckidn.com/.
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Statements in this news release about Intellicheck’s future
expectations, including: the advantages of our products, future
demand for Intellicheck’s existing and future products, whether
revenue and other financial metrics will improve in future periods,
whether Intellicheck will be able to execute its turn-around plan
or whether successful execution of the plan will result in
increased revenues, whether sales of our products will continue at
historic levels or increase, whether brand value and market
awareness will grow, whether the Company can leverage existing
partnerships or enter into new ones, and all other statements in
this release, other than historical facts, are “forward-looking
statements” within the meaning of the Private Securities Litigation
Reform Act of 1995 (PSLRA). These statements, which express
management’s current views concerning future events, trends,
contingencies or results, appear at various places in this website
and use words like “anticipate,” “assume,” “believe,” “continue,”
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terms, and future or conditional tense verbs like “could,” “may,”
“might,” “should,” “will” and “would” are forward-looking
statements within the meaning of the PSLRA. This statement is
included for the express purpose of availing Intellicheck, Inc. of
the protections of the safe harbor provisions of the PSLRA. It is
important to note that actual results and ultimate corporate
actions could differ materially from those in such forward-looking
statements based on such factors as market acceptance of
Intellicheck’s products and the presently anticipated growth in the
commercial adoption of the Company’s products and services,
changing levels of demand for Intellicheck’s current and future
products, Intellicheck’s ability to reduce or maintain expenses
while increasing sales, customer results achieved using our
products in both the short and long term, success of future
research and development activities, Intellicheck’s ability to
successfully manufacture, market and sell its products,
Intellicheck’s ability to manufacture its products in sufficient
quantities to meet demand within required delivery time periods
while meeting its quality control standards, any delays or
difficulties in the Company’s supply chain, the success of the
Company’s sales and marketing efforts coupled with the typically
long sales and implementation cycle for its products,
Intellicheck’s ability to enforce its intellectual property rights,
changes in laws and regulations applicable to the Company’s
products, the Company’s continued ability to access
government-provided data, the risks inherent in doing business with
the government including audits and contract cancellations,
liability resulting from any security breaches or product failure,
and other risks detailed from time to time in Intellicheck’s
reports filed with the SEC. We do not assume any obligation to
update the forward-looking information.
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version on businesswire.com: http://www.businesswire.com/news/home/20171017005146/en/
Intellicheck, Inc.Media and Public Relations:Sharon Schultz,
302-539-3747orInvestor Relations:Gar Jackson, 949-873-2789
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