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Identillect Technologies Corp
Symbol ID
Shares Issued 294,382,630
Close 2025-09-17 C$ 0.005
Market Cap C$ 1,471,913
Recent Sedar Documents

Identillect shareholders approve 1:30 share rollback

2025-09-17 19:06 ET - News Release

Subject: Identillect Technologies press release for immediate dissemination PDF Document

File: Attachment Identillect PR - AGSM results Consolidation name change (9-17-25).pdf

FOR IMMEDIATE RELEASE

Identillect Technologies Announces Results of Annual Meeting, Share Consolidation and Name Change

September 17, 2025, Poway, CA, Identillect Technologies Corp. (the "Company" or "Identillect") (TSXV: ID), a leader in blockchain-embedded email encryption solutions, is pleased to announce the results of its annual general & special meeting (the "AGSM") held on September 17, 2025 at the Company's office in Vancouver, B.C., at which the shareholders of the Company approved:

dot The election of Todd Sexton, Scott Ackerman, and Peter Dickie, as directors of the Company;

dot The re-appointment of Charlton & Company, Chartered Professional Accountants, as auditor of the Company for the ensuing year;

dot The adoption of a new security-based compensation plan (the "New Compensation Plan"); and

dot The consolidation of the common shares of the Company on a 30 old for 1 new basis (the "Consolidation").

The Company believes that the Consolidation, which remains subject to the approval of the TSX Venture Exchange, may have the effect of, among other things: increasing the interest of the financial community in the Company and potentially broadening its pool of investors; improving trading liquidity; and reducing trading commissions and other transaction costs for shareholders.

The Company's directors have also approved a change of the Company's name to Secure Blockchain Development Corp. (the "Name Change").

Todd Sexton, the Company's CEO, commented: "We believe that the name Secure Blockchain Development Corp. more accurately reflects our current business and our ongoing initiatives in the blockchain space. Identillect originally expanded its email encryption offering in 2017 with the integration of blockchain technology to maximize audit log integrity of emails and address Man- in-the-Middle attacks and has since expanded its use as it builds on the blockchain technology. Identillect's secure and trusted blockchain technology creates integrity checks through every level of communication, limiting the possibility of security breaches which plague businesses in all verticals. We will continue to explore additional opportunities within the ecosystem of technologies, applications and industries built around blockchain technology."

Further details regarding timing of the Consolidation, Name Change, and new CUSIP and ISIN numbers will be disclosed in a further press release. There will be no change to the Company's trading symbol. The Consolidation, Name Change and New Compensation Plan remain subject to the approval of the TSX Venture Exchange.

Grant Block retired as a director of the Company at the AGSM. The Company wishes to thank Mr. Block for his years of service as a director of the Company.

About Identillect

Identillect Technologies is the leading provider of blockchain-embedded email encryption services, utilizing blockchain to secure, verify and ensure financial and real-estate transaction integrity. Blockchain is utilized in Identillect's flagship Delivery Trusttrademark cybersecurity platform protecting against cyber security attacks.

Delivery Trusttrademark leverages the Ethereum blockchain for a uniquely secure solution. By drawing on the inherent value proposition of the blockchain ledger, Delivery Trusttrademark relies on 11 unique integrity factors which are stored on the Ethereum ledger for every email that is composed. This digital fingerprint is then encrypted by the Advanced Encryption Standard (AES) key algorithm and placed on a decentralized ledger that must precisely match the recipient's key.

On Behalf of the Board of Directors of:

IDENTILLECT TECHNOLOGIES CORP.

Todd Sexton Chief Executive Officer Tel: (949) 468-7878 Email: todd.sexton@identillect.com

For more information, visit www.identillect.com

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the 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.

Word Document

File: '\\swfile\EmailIn\20250917 153618 Attachment Identillect PR - AGSM results Consolidation name change (9-17-25).docx'

FOR IMMEDIATE RELEASE

Identillect Technologies Announces Results of Annual Meeting, Share Consolidation and Name Change

September 17, 2025, Poway, CA, Identillect Technologies Corp. (the "Company" or "Identillect") (TSXV: ID), a leader in blockchain-embedded email encryption solutions, is pleased to announce the results of its annual general & special meeting (the "AGSM") held on September 17, 2025 at the Company's office in Vancouver, B.C., at which the shareholders of the Company approved:

The election of Todd Sexton, Scott Ackerman, and Peter Dickie, as directors of the Company;

The re-appointment of Charlton & Company, Chartered Professional Accountants, as auditor of the Company for the ensuing year;

The adoption of a new security-based compensation plan (the "New Compensation Plan"); and

The consolidation of the common shares of the Company on a 30 old for 1 new basis (the "Consolidation").

The Company believes that the Consolidation, which remains subject to the approval of the TSX Venture Exchange, may have the effect of, among other things: increasing the interest of the financial community in the Company and potentially broadening its pool of investors; improving trading liquidity; and reducing trading commissions and other transaction costs for shareholders.

The Company's directors have also approved a change of the Company's name to Secure Blockchain Development Corp. (the "Name Change").

Todd Sexton, the Company's CEO, commented: "We believe that the name Secure Blockchain Development Corp. more accurately reflects our current business and our ongoing initiatives in the blockchain space. Identillect originally expanded its email encryption offering in 2017 with the integration of blockchain technology to maximize audit log integrity of emails and address Man-in-the-Middle attacks and has since expanded its use as it builds on the blockchain technology. Identillect's secure and trusted blockchain technology creates integrity checks through every level of communication, limiting the possibility of security breaches which plague businesses in all verticals. We will continue to explore additional opportunities within the ecosystem of technologies, applications and industries built around blockchain technology."

Further details regarding timing of the Consolidation, Name Change, and new CUSIP and ISIN numbers will be disclosed in a further press release. There will be no change to the Company's trading symbol.

The Consolidation, Name Change and New Compensation Plan remain subject to the approval of the TSX Venture Exchange.

Grant Block retired as a director of the Company at the AGSM. The Company wishes to thank Mr. Block for his years of service as a director of the Company.

About Identillect

Identillect Technologies is the leading provider of blockchain-embedded email encryption services, utilizing blockchain to secure, verify and ensure financial and real-estate transaction integrity. Blockchain is utilized in Identillect's flagship Delivery Trust(TM) cybersecurity platform protecting against cyber security attacks.

Delivery Trust(TM) leverages the Ethereum blockchain for a uniquely secure solution. By drawing on the inherent value proposition of the blockchain ledger, Delivery Trust(TM) relies on 11 unique integrity factors which are stored on the Ethereum ledger for every email that is composed. This digital fingerprint is then encrypted by the Advanced Encryption Standard (AES) key algorithm and placed on a decentralized ledger that must precisely match the recipient's key.

On Behalf of the Board of Directors of:

IDENTILLECT TECHNOLOGIES CORP.

Todd Sexton

Chief Executive Officer

Tel: (949) 468-7878

Email: todd.sexton@identillect.com

For more information, visit www.identillect.com

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the 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.

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