Calgary, Alberta / January 16, 2025 – TheNewswire - Credessential Inc. (“Credissential” or the “Company”) (CSE: WHIP) (OTC: IPTNF) (FSE: 9YZ), a vertically integrated AI software development is pleased to announce the addition of Dr. Mohammad Habib Samkari to its Advisory Board. Dr. Samkari’s expertise in artificial intelligence (“AI”) and education is expected to be instrumental as Credissential advances its AI-powered systems and newly announced quantum security initiatives.

 

Dr. Samkari serves as the Head of the Department of Data Science and Artificial Intelligence at the Islamic University of Minnesota and the Assistant Director of the General University Requirements Center at the University of Jordan. With over two decades of experience, his career spans roles as a programmer, systems developer, analyst, and specialized expert, which has led to his work in academia and consulting since 2011.

 

Recent experience includes consulting for UNESCO’s project “Promoting ICT in Higher Education in the Middle East,” supported by Huawei, and delivering keynote speeches at global events such as the InnoXera Summit on “Learning in the AI Era.”

 

“Dr. Samkari’s deep understanding of AI and his experience in advancing technological frameworks align perfectly with Credissential’s current mission in our projects Dealerflow and Antenna to innovate and secure the digital future for both automotive dealerships and online transactions.” said Colin Frost, CEO of Credissential. “We are honored to welcome him to our Advisory Board and look forward to his contributions to Credissential and Antenna as we enhance our technologies.”

 

Strengthening AI-Powered Systems

 

The Company expects that Dr. Samkari’s expertise will drive advancements in Credissential’s AI-driven technologies, particularly in enhancing the DealerFlow and Credissential apps:

 

DealerFlow: Credissential expects to benefit from Dr. Samkari helping to refine DealerFlow’s AI-driven algorithms to optimize dealership sales, including customer profiling, inventory management, and predictive analytics. His knowledge of AI in data processing is expected streamline workflows and enhance decision-making for automotive businesses.

 

Credissential Application: The Company expects Dr. Samkari’s experience with AI integration in education and system design will be instrumental in improving the Credissential app’s functionalities. It is expected that Dr. Samkari will contribute to advancing features like automated credential verification, fraud detection, and real-time user support, ensuring a seamless and secure user experience.

 

Innovative AI Frameworks: Dr. Samkari’s extensive background in developing AI-driven systems is expected to help guide the creation of intelligent solutions for credential management, enhancing the scalability and efficiency of Credissential’s platforms.

 

Supporting Quantum Security Initiatives

 

Credissential recently announced its intent to add quantum security by integrating Post-Quantum Cryptography (“PQC”) into its Antenna platform and beyond. These initiatives aim to create future-proof solutions that ensure data protection against emerging quantum computing threats. With Dr. Samkari’s strategic insights, Credissential plans to advance its quantum security measures to:

 

Enhance Secure Key Exchanges: Leveraging the Kyber algorithm to create encryption keys that are resistant to both classical and quantum attacks, safeguarding sensitive transactions.

 

Strengthen Identity Verification: Using Dilithium’s quantum-safe digital signatures to provide robust authentication and protect against identity fraud in digital ecosystems.

 

Expand to New Use Cases: The Company intends to use Dr. Sakari’s expertise to evaluate opportunities from incorporating quantum security into Credissential’s applications, including DealerFlow and the Credissential app, to deliver quantum-safe solutions across automotive, and new industries like healthcare, finance, and government

 

Enable Hybrid Encryption Models: Combining classical and quantum-resistant algorithms to ensure compatibility with existing systems while preparing for future quantum advancements.

 

Support Regulatory Compliance: Meeting stringent data protection regulations by embedding quantum-safe cryptographic methods into Credissential’s platforms, ensuring compliance with evolving global security standards.

 

As compensation for his services, Dr. Samkari will be provided equity compensation under the Company’s equity incentive plan as agreed to between parties.

 

The Company also announced the cancellation of 500,000 RSUs granted to a certain consultant of the Company.

 

About Credissential

 

Credissential is an AI powered financial services software developer, currently focused on the development and commercialization of its flagship products, Credissential, Dealerflow and Antenna.

For more information about Credissential and other products from Credissential, visit www.credissential.com.

ON BEHALF OF THE BOARD OF DIRECTORS

 

Chief Executive Officer                Colin Frost

Head Office                         2004 Sherwood Drive Sherwood Park, AB T8A 0Z1

Telephone                         +1 (236) 513 4776

Email                                 info@credissential.com  

 

The CSE and Information Service Provider have not reviewed and does not accept responsibility for the accuracy or adequacy of this release.

 

Forward-Looking Information

 

Certain information in this news release may constitute "forward-looking" information that involves known and unknown ‎risks, uncertainties, future expectations and other factors which may cause the actual results, performance or ‎achievements of the Company or industry results, to be materially different from any future results, performance or ‎achievements expressed or implied by such forward looking information. When used in this news release, this ‎information may include words such as "anticipate", "estimate", "may", "will", "expect", "believe", "plan" and other ‎terminology. This information reflects current expectations regarding future events and operating performance and ‎speaks only as of the date of this news release.‎ Forward-looking statements are inherently risky and the information and plans disclosed therein may not come to fruition as contemplated or at all.

 

Forward-looking statements in this news release include, but are not limited to, the expected results from the appointment of Dr. Samkari to the Company’s advisor board, the ability for the Company to leverage Dr. Samkari’s expertise, the planned integration of quantum security related and new AI initiatives into the Company’s current product stack and the future plans of the Company, business plans, objectives and strategy. Forward-looking statements are inherently risky and the information and plans disclosed therein may not come to fruition as contemplated or at all.

 

Except as required by law, we assume no obligation to update or revise forward-looking information to reflect new events or circumstances. Additional information is available in the Corporation’s Management Discussion and Analysis, which can be found on SEDAR+ at www.sedarplus.ca.