Advanced Credit Technologies Inc. Appoints Lynnwood Farr as Director
April 03, 2017 at 12:37 pm EDT
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On March 30, 2017, a majority of the voting securities of Advanced Credit Technologies Inc. approved by written consent the expansion of the Company’s board of directors to three (3) seats, and the election of Lynnwood Farr as a director of the Company. Mr. Farr will not receive any compensation at this time for serving as a director of the Company. Further, Mr. Farr will not serve on any committees at this time. Starting with General Dynamics Corporation Fort Worth, Texas as head of security in the mid 1960’s, Mr. Farr advanced himself up the ladder of command to CEO of General Dynamics of Canada by the 1980’s in the field of Aerospace and Submarine Manufacturing. Mr. Farr also directed Vickers Shipbuilding in Quebec, Canada, where he served as CEO and had oversight responsibility for the building of multi-million dollar submarine components for the USA and Canadian Navies from the start to finish of the procurement cycles. More recently, Mr. Farr has been issued a patent on his personal invention of a firearm safety device which is being offered for sale in the United States. Finally, Mr. Farr founded XCELL in Switzerland in 2007 and has served as its President since that time. He is also the current President and CEO of SVT in Switzerland as well.
Cyberloq Technologies, Inc. is a development-stage technology company focused on fraud prevention and credit management. The Company offers a proprietary software platform branded as CyberloQ. CyberloQ is a Multi-Factor authentication (MFA) protocol technology that is offered to institutional clients in order to combat fraudulent transactions and unauthorized access to customer accounts and or any digital asset. Through the use of a customerâs smart-phone, CyberloQ uses a multi-factor authentication system to control access to a bank card, transaction type or amount, Website, database or digital service. In addition to CyberloQ, it offers a web-based proprietary software platform under the brand name TurnScor, which allows customers to monitor and manage their credit from the privacy of their own homes. The CyberloQ Vault is a cloud-based security protocol that allows clients the ability to send/receive secure data without having to use traditional e-mail which is prone to a breach.
CYBERLOQ TECHNOLOGIES, INC. 
