Intellicheck’s Interim CEO Highlights Growth Opportunities
October 20 2017 - 8:13AM
Business Wire
Market Opportunities for Innovative Technology
Solutions Expected to Drive Growth
Intellicheck, Inc. (NYSE American:IDN) Interim CEO Bill White
sees a bright future for Intellicheck in the identification
authentication marketplace. In his new role leading the industry
innovator where he has served as Chief Financial Officer for the
last five years, White sees opportunities that he believes will
propel the Company into a future of continued expansion and revenue
growth.
"I am very excited to lead the Company at a time when I see
several important indicators that point to what we believe will be
extensive growth opportunities in product adoption in key markets
including financial, retail and law enforcement. I have spent this
past week meeting with our sales team, engineering team and our
administrative staff who are all energized and confident in our
product offerings and are excited for the future. Our executive
team is fully committed and recognizes the need to capitalize on
our competitive position. To that end, we have finalized our 2018
growth plans and we will be investing in resources directed towards
sales and engineering. Our team is focused on executing our growth
strategy which includes our go-to-market plan for key verticals
including financial institutions, retailers and law enforcement,”
says White.
White’s sentiments were underscored by Chairman of the Board of
Directors Vice Admiral (ret.) Michael Malone. “I am excited about
the growth opportunities ahead. With Bill White’s entrepreneurial
background and proven attributes, I am confident Bill will lead
well in this time of transition.”
White sees the Company in the right place at the right time to
provide the financial, retail and law enforcement markets with the
state-of-the-art technology solutions that he describes as game
changers in their ability to rapidly, efficiently, and affordably
address key market needs.
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/.
Safe Harbor Statement
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,”
“estimate,” “expect,” “forecast,” “future,” “intend,” “plan,”
“potential,” “predict,” “project,” “strategy,” “target” and similar
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 including the use of
biometrics, Intellicheck’s ability to successfully manufacture,
market and sell its products, the success of the Company’s sales
and marketing efforts coupled with the typically long sales and
implementation cycle for its products, the Company’s ability to
successfully complete retail pilots and convert them into revenue,
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/20171020005353/en/
Intellicheck, Inc.Media and Public Relations:Sharon Schultz,
302-539-3747orInvestor Relations:Gar Jackson, 949-873-2789
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