Hello, I am
mmitech , I am part of the creditbit Team.
As promised, Electrum-Creditbit is done and the source code was
released few days ago, Linux Users can already try it:

sudo apt-get update && sudo apt-get install python-pip -y
wget https://www.creditbit.org/binaries/Electrum-Creditbit-2.3.0.tar.gz
sudo pip install Electrum-Creditbit-2.3.0.tar.gz
Soon the official website will be updated with all binaries and a blog post will be published to explain the benefits of Electrum and explain how to run your own Electrum-Creditbit server.
You can watch the Github repos for a close look on what the Dev-team is working on, our next project (which is in an advanced stage) is to release a cross platform
Hierarchical Deterministic Multisig wallet, I will update you when more information are available.
Edit: Please test and
report any issues.