CycurID Announces Killer Know Your Customer (KYC) Pricing

VANCOUVER, BC, June 20, 2022 /CNW/ - CycurID Technologies Ltd., ("CycurID" or the "Company"), is pleased to announce their introductory Killer KYC Pricing Packages. 

CycurID (pronounced "Secure ID") is a cybersecurity company that has developed a proprietary reusable Personal Identity Management System that allows for the deployment of identity-based applications and solutions that can be used in any business sector both in the digital and physical worlds.

Gord Jessop, CycurID Co-founder and COO said, “We believe that the KYC/onboarding process should be affordable for all companies regardless of their stage of development. Customer authentication and KYC should not be a cash flow killer, and we believe that many of our competitors are charging rates that are too high..." (CNW Group/CycurID Technologies Ltd.)

Gord Jessop, CycurID Co-founder and COO said, "We believe that the KYC/onboarding process should be affordable for all companies regardless of their stage of development. Customer authentication and KYC should not be a cash flow killer, and we believe that many of our competitors are charging rates that are too high. With our solution, businesses do not have to invest in extra hardware or cloud servers to deploy an effective 2FA solution. Our solution requires a simple API integration: it's platform-agnostic."

CycurID pricing packages are easy to understand and extremely affordable for companies of all sizes:

• The Basic package includes: email verification, cell number verification, and liveness verification, along with biometric 2FA (which gives companies passwordless authentication and instant onboarding) all at no cost.
• The Standard package includes everything in Basic plus: Geolocation Fencing, Age Verification, Single Government Issued ID Verification, and Biometric ID verification for $49 USD per month for unlimited user checks.
• The Premium package includes everything in the Standard Package plus two Government-issued ID verifications, address verification, sanction list screening, and full audit trail capabilities (enabling businesses to access the CycurID dashboard and see who, when and what customers are accessing their platform and what checks have been run on them). The Premium Package is $99 USD per month for unlimited user checks.

"Our identity solutions go well beyond just being KYC tools," Jessop said. "Our technology will redefine how identity is used to alter the exchange of goods and services on a global basis."

For more information about CycurID's complete suite of identity solutions, visit our corporate website https://cycurid.com or contact us through our contact page here.

No Offer or Solicitation. This press release shall not constitute a solicitation of a proxy, consent, or authorization with respect to any securities or in respect of the proposed business combination. This press release shall also not constitute an offer to sell or the solicitation of an offer to buy any securities, nor shall there be any sale of securities in any provinces, states or jurisdictions in which such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction.

About

CycurID Technologies Ltd is a privately held personal identity management and security software developer based in Vancouver, British Columbia. CycurID^TM (pronounced "Secure ID") has developed proprietary patent pending identity management and privacy software which is available via its consumer app imme^TM (pronounced I'm me). CycurID^TM is registered with the Chamber of Commerce, Better Business Bureau, WorkSafe BC and with FINTRAC as Money Service Business (MSB). CycurID^TM and imme^TM are Registered Trademarks of CycurID Technologies Ltd.

Cautionary Note Regarding Forward-Looking Information

This release includes certain statements that may be deemed "forward-looking statements". All statements in this release, other than statements of historical facts, that address events or developments that the Company expects to occur, are forward-looking statements including without limitation, expected growth and success of the Company. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects", "plans", "anticipates", "believes", "intends", "estimates", "projects", "potential" and similar expressions, or that events or conditions "will", "would", "may", "could" or "should" occur. 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 may differ materially from those in the forward-looking statements. Factors that could cause the actual results to differ materially from those in forward-looking statements include regulatory actions, market prices, and continued availability of capital and financing, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. Forward looking statements are based on the beliefs, estimates, and opinions of the Company's management on the date the statements are made. Except as required by applicable securities laws, the Company undertakes no obligation to update these forward-looking statements in the event that management's beliefs, estimates, opinions or other factors should change.

SOURCE CycurID Technologies Ltd.