VANCOUVER, BC, January 19, 2023 /PRNewswire/ – CycurID Technologies Ltd., (“CycurID” or the “Company”), is pleased to announce its working partnership with OMNIA.

CycurID (pronounced “Secure ID”) Technologies Ltd. is a Canadian-based cybersecurity and digital identity management company that has developed a reusable digital identity application, imme™ (pronounced “I’m me”), which uses adaptive artificial intelligence, biometric technology Zero-knowledge and authorization protocols to provide complete user data privacy with no individual credentials or data stored or maintained by CycurID or its partners.

Gord Jessop, COO/Co-Founder of CycurID, said: “We strongly believe that privacy, security and authentication are the keys to everything in the digital economy. As a company, we want to lead the market in implementing security and privacy. best practices for all online transactions. It was that thought process that led us to partner and work with OMNIA.”

CycurID approached OMNIA to bring additional privacy to a user’s transactions on the blockchain. OMNIA adds an additional layer to CycurID’s KYC and AML processes by expanding its risk controls with real-time prevention tools.

DeFi transactions can be traced even before they are mined, compromising user privacy. OMNIA prevents this by obfuscating users’ off-chain data, thus protecting them against frontal attacks. OMNIA is the first blockchain infrastructure provider to protect systems in real time from illicit activity and enables CycurID to integrate a permanent privacy protection protocol into its imme™ wallet for DeFi exchanges. In addition to the privacy layer, OMNIA provides imme™ users with a redundant node infrastructure for crypto transactions so they never miss a transaction.

Cristian Lupascu, CEO and Co-Founder of OMNIA, stated: “In 2021, OMNIA were the only pioneers advocating for the adoption of off-chain privacy in the Web3 space. A truly private and secure channel is only achieved if you have a OMNIA’s mission is to improve the security and privacy of all people across the Web3 space and we are excited to work with the CycurID team who share our belief in people’s right to privacy and digital security in the online world”.

To learn more about CycurID’s full suite of cost-effective identity solutions, visit the corporate website https://cycurid.com or contact CycurID here. Learn more about imme™ at imme.io or contact the imme™ team here.

No offer or request.

This press release shall not constitute a solicitation of representation, consent or authorization with respect to any security or with respect to the proposed business combination. This news 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 any securities in any province, state or jurisdiction where such offer, solicitation or sale would previously be unlawful. upon registration or qualification under the securities laws of any such jurisdiction.

About

CycurID Technologies Ltd. – CycurID is a privately held personal identity management and security software developer headquartered in Vancouver, British Columbia. CycurID™ has developed proprietary, patent-pending identity and privacy management software that is available through its imme™ (I’m me) consumer app. CycurID is registered with the Better Business Bureau, WorkSafe BC and with FINTRAC as a Money Service Business (MSB). CycurID™ and imme™ are registered trademarks of CycurID Technologies Ltd. CycurID is also incorporated in the United States as CycurID Technologies USA Ltd.

Unless explicitly stated, the Company does not intend to retain title or interest in any images. All images have been used under license by the Company, which allows you to use, reproduce, archive, modify, and display the Work, in all media, for (1) advertising, marketing, promotional, and decoration purposes; and (2) personal and non-commercial uses.

OMNI – Founded in 2021, OMNIA is a pioneer in off-chain privacy in the Web3 space. OMINA brings enhanced privacy and security to Web3 by obfuscating users’ off-chain data, protecting them against scams, hacks, and frontal attacks. OMNIA’s availability is ensured by thousands of nodes distributed across the globe, providing a true decentralized infrastructure so that no single point of failure will disrupt blockchain applications or the wallets that integrate with it.

OMNIA is the first blockchain infrastructure provider that protects its systems in real time from illegal activities. With global regulations regarding blockchain transactions becoming stricter, OMNIA continues to be a leader in this space.

Cautionary Note Regarding Forward-Looking Information

This release includes certain statements that may be considered “forward-looking statements.” All statements in this release, other than statements of historical fact, that address events or developments that the Company expects to occur, are forward-looking statements including, without limitation, the 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 the events or conditions “will happen”, “could”, “may”, “might” or “should” occur. Although the Company believes that 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 actual results to differ materially from those in forward-looking statements include regulatory actions, market prices and the continuing availability of capital and financing, and general market, business or economic conditions. Investors are cautioned that such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in forward-looking statements. Forward-looking statements are based on the beliefs, estimates and opinions of the Company’s management as of the date the statements are made. Except as required by applicable securities laws, the Company does not undertake any obligation to update these forward-looking statements in the event management’s beliefs, estimates, opinions or other factors change.

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SOURCE CycurID Technologies Ltd.