SAN CLEMENTE, CA–(Marketwired – Jun 13, 2016) – Image Technology Laboratories ( OTC PINK : IMTL ) recently announced the completion and closing of the announced merger with Image Protect (www.imageprotect.com) a leading digital copyright enforcement management firm. Since then we have been working diligently on follow through Corporate actions; we filed a name change with Finra to better reflect the company post-Merger, we expect to complete that action in the coming weeks. The SEC has cleared the company’s Regulation A filing of comments, and we plan to file for “Qualified Status” followed by State Blue sky filings shortly.
Image Protect Inc., its reverse merger partner has upgraded its website to better reflect its business model. The company will be releasing updates on a very successful trade show Image Protect just finished in Europe. The Chief Executive Officer, Lawrence Adams, stated, “We have been busy with the corporate change over to Image Protect Inc. and I thought an update to our shareholders was prudent to inform and update, finally I wanted to thank you for your patience and support”.
About Image Protect Inc.:
Image Protect provides a revolutionary proprietary software focused on digital asset protection with a global team of copyright and licensing experts, to protect and preserve the value of its client’s digital assets. Online copyright infringement is a multi-billion-dollar problem to holders of copyrighted property in a myriad of industries. Image Protect has a leading technology solution to provide monetization and remedies to the holders of violated copyrights.
Safe Harbor Provision
Cautionary statement for purposes of the “Safe Harbor” provisions of the Private Securities Litigation Reform Act of 1995: Information in this news release contains forward-looking statements that involve risks, uncertainties and assumptions. If such risks or uncertainties materialize or such assumptions prove incorrect, the results of the Company and its consolidated subsidiaries could differ materially from those expressed or implied by such forward-looking statements and assumptions. All statements other than statements of historical fact are statements that could be deemed forward-looking statements. Risks, uncertainties and assumptions include the execution and performance of contracts by the Company and its customers, suppliers and partners. Please also review Image Technology Laboratories’ 10-K and 10-Q for a more complete discussion of risk factors. The Company disclaims any obligation to update or revise statements contained in this news release based on new information or otherwise.