Intellicheck Announces CFO Transition
18 Julio 2024 - 3:05PM
Business Wire
Intellicheck, Inc. (Nasdaq: IDN), an industry-leading identity
company delivering on-demand digital and physical identification
validation solutions, today announced COO/CFO Jeffrey Ishmael will
be departing the Company.
"Jeff joined Intellicheck to put into place the changes needed
to further our financial organization and build the financial and
analytical platforms to support continued growth and success. With
the successful changes in place, Jeff determined that it was the
appropriate time to transition leadership," said Intellicheck CEO
Bryan Lewis. "We are grateful to him for the many contributions he
has made and we wish him well in his future endeavors. Looking
forward, we have commenced a search to identify our next CFO and we
anticipate that we will make an announcement in the near future. In
the meantime, Jeff will continue as CFO through the filing of the
second quarter financials so that he and our dedicated financial
team can complete a seamless transition,” said Lewis.
“It has been both a privilege and a pleasure to serve as
Intellicheck’s CFO. I have had the opportunity to work with amazing
people including Bryan and our dedicated team of professionals, our
valued partners, our Board of Directors, and our investors,” said
Chief Financial Officer Jeffrey Ishmael. “Having achieved what I
initially set out to do, I believe it is the right time for me to
seek out my next challenge. I am proud of and grateful for my
tenure with the Company and, following a smooth transition, I will
leave Intellicheck knowing it is in good hands to drive the
Company’s strategy for accelerated growth and profit over the years
to come,” concluded Ishmael.
Intellicheck (Nasdaq: IDN) is an identity company that delivers
on-demand identity validation solutions for KYC, fraud, and age
verification needs. Intellicheck validates both digital and
physical identities for financial services, fintech companies, BNPL
providers, e-commerce, and retail commerce businesses, law
enforcement and government agencies across North America.
Intellicheck can be used through a mobile device, a browser, or a
retail point-of-sale scanner. For more information on Intellicheck,
visit us on the web and follow us on LinkedIn, Twitter, Facebook,
and YouTube.
About Intellicheck
Intellicheck (Nasdaq: IDN) is an identity company that delivers
on-demand digital and physical identity validation solutions for
KYC, AML, fraud, and age verification needs. Intellicheck validates
identities for financial services, fintech companies, BNPL
providers, e-commerce, and retail commerce businesses, law
enforcement and government agencies across North America.
Intellicheck can be used through a mobile device, a browser, or a
retail point-of-sale scanner. For more information on Intellicheck,
visit us on the web and follow us on LinkedIn, X, Facebook, and
YouTube.
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,
execution of a successful CFO transition, 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,
whether there will be any impact on sales and revenues due to an
epidemic, pandemic or other public health issue 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
release and use words like “anticipate,” “assume,” “believe,”
“continue,” “estimate,” “expect,” “forecast,” “future,” “intend,”
“plan,” “potential,” “predict,” “project,” “sense”, “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 our products and the presently anticipated growth in
the commercial adoption of our products and services; our ability
to successfully transition pilot programs into formal commercial
scale programs; continued adoption of our SaaS product offerings;
changing levels of demand for our current and future products; our
ability to reduce or maintain expenses while increasing sales; our
ability to successfully expand the sales of our products and
services into new areas including health care and auto dealerships;
customer results achieved using our products in both the short and
long term; success of future research and development activities;
the impact of inflation on our business and customer’s businesses
and any effect this has on economic activity with our customer’s
businesses; our ability to successfully market and sell our
products, any delays or difficulties in our supply chain coupled
with the typically long sales and implementation cycle for our
products; our ability to enforce our intellectual property rights;
changes in laws and regulations applicable to the our products; our
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, together with other risks detailed
from time to time in our 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: https://www.businesswire.com/news/home/20240718529068/en/
Media and Public Relations: Sharon Schultz (302) 539-3747/
sschultz@intellicheck.com Investor Relations: Gar Jackson (949)
873-2789
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