Subject: CLOQ Announces New Partnership and New Market Tapped

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CLOQ Taps into the Massive Unbanked Consumer Market
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Company: CyberloQ Technologies, Inc. (Pink Sheets: CLOQ)


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CyberloQ Technologies, Inc. Partners with Pinnacle to Offer Electronic Tax Refunds to Unbanked Consumers

VENICE, Fla., Feb. 25, 2020 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- CyberloQ Technologies, Inc. ("CyberloQ" or the "Company") (Pink Sheets: CLOQ) today announces its new initiative with marketing partner Pinnacle® to provide direct deposit of tax refunds for clients without access to bank accounts, thereby expanding the market reach of both companies.

For the nearly 68 million people in the U.S. without a checking account, prepaid cards such as the Pinnacle Visa® Card offer the ease of card-based purchases without the hassles of dealing with a bank. As an expansion of its current offerings, Pinnacle now also provides clients the ability to quickly receive their tax refund, backed with the peace of mind that comes from CyberloQ’s security solutions.

“As a tax preparer I want to provide clients - especially those with limited access to traditional banking options - all of the financial tools available,” stated Pinnacle President Holly Hollister-Smith. “In tandem with CyberloQ, we are pleased to offer the ability to receive tax refunds in what the IRS itself calls the ‘fastest, safest’ manner possible.”

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