SOURCE: Strikeforce Technologies, Inc.
EDISON, NJ--(Marketwire - Sep 22, 2011) - StrikeForce Technologies (OTCBB: SFOR) is the subject of a research report issued by Institutional Analyst's "Internet Security Stock Review" which notes that the company's best-of-breed internet security software and the company's rapidly improving revenue picture could position the company as an acquisition target in an industry that is rapidly consolidating.
Institutional Analyst's chief analyst, Roland Rick Perry, profiles the business environment in which online security companies are operating, cites the unprecedented rise in cyber crime and lays out the techniques and technologies that are used by organized cyber-crime syndicates to steal hundreds of billions of dollars a year from individuals and organizations. The response from regulatory agencies and security companies has been to recommend -- and in the case of financial institutions, to require -- that new security protocols be implemented right away. The online safety protocols required are the exact protocols that StrikeForce Technologies offers in their patent protected and patent applied for products -- GuardedID® and ProtectID®.
"StrikeForce Technologies has one of the most exciting Internet virus protection concepts available on the market today," stated Institutional Analyst's chief analyst, Roland Rick Perry. "What makes StrikeForce's technology so exciting is it doesn't seek to identify viruses. Rather, it uses keystroke encryption technology to render keystroke-logging -- which is the most pernicious malware out there -- ineffective."
Mark L. Kay, StrikeForce Technologies' CEO, said, "This report on StrikeForce Technologies clearly reflects our market and outlines the scope of our opportunity in this multi-billion dollar industry."
A copy of the report is available here or at Internet Security Stock Review.
ABOUT STRIKEFORE TECHNOLOGIES, INC.
StrikeForce Technologies helps to prevent online identity theft and data security breaches for consumers, corporations, and government agencies. It provides powerful two-factor, 'Out-of-Band' authentication and keystroke encryption solutions. StrikeForce Technologies, Inc. (OTCBB: SFOR) is headquartered in Edison, N.J., and can be reached at www.strikeforcetech.com or by phone at (732) 661-9641 or toll-free at (866) 787-4542.
Safe Harbor Statement:
Matters discussed in this press release contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. When used in this press release, the words "anticipate," "believe," "estimate," "may," "intend," "expect" and similar expressions identify such forward-looking statements. Actual results, performance or achievements could differ materially from those contemplated, expressed or implied by the forward-looking statements contained herein. These forward-looking statements are based largely on the expectations of the Company and are subject to a number of risks and uncertainties. These include, but are not limited to, risks and uncertainties associated with: the sales of the company's identity protection software products into various channels and market sectors, the issuance of the company's pending patent application, and the impact of economic, competitive and other factors affecting the Company and its operations, markets, product, and distributor performance, the impact on the national and local economies resulting from terrorist actions, and U.S. actions subsequently; and other factors detailed in reports filed by the Company.