SOURCE: Strikeforce Technologies, Inc.

StrikeForce Technologies, Inc.

August 15, 2013 08:49 ET

New Customers Commit to Purchase StrikeForce's ProtectID Multi-Factor Out-of-Band Authentication Software Platform

ProtectID Will Be Used to Protect New Customers in the Government, Legal And Financial Services Markets

EDISON, NJ--(Marketwired - Aug 15, 2013) - StrikeForce Technologies, Inc. (OTCBB: SFOR), a company that specializes in Cyber Security for the prevention of Data Breaches and Cyber Theft, announced today that three new customers have committed to utilize StrikeForce's multi-patented ProtectID® Multi-Factor Out-of-Band Authentication software product to protect their networks from hackers and costly data breaches.

"We are extremely proud that these recent commitments are in the government, legal and financial services markets where data theft is drastically increasing. These corporations and government agencies have committed to protect their critical infrastructure with our Authentication Technology," says Mark L. Kay, CEO of StrikeForce, "our ProtectID offers more essential differentiators than any other authentication vendor," says Kay. "We are the only authentication vendor which offers six out-of-band methods, voice biometrics, hard and soft tokens and on-premise, hosted and hybrid deployments with multiple patent protection."

"There is something to be said about being in the right place, at the right time, with the right products," says Kay. "We are being contacted by potential clients and channel partners on a daily basis. The reason why is very clear, the growth in cybercrime is a staggering eye opener. In a CNBC article which was published yesterday, August 14th, 2013 titled, "The Threat from cybercrime? You ain't see nothing yet", cited that cybercrime is now estimated at a staggering $400 billion annually and continually increasing. Fortunately for StrikeForce, a large portion of those annual losses were due to the lack of strong Multi-Factor Out-of-Band Authentication and real-time anti-keylogging virus protection like our ProtectID® and GuardedID® products respectively."

About StrikeForce:
StrikeForce Technologies helps to prevent cyber security online. Its products help protect consumers and their families while banking and shopping online, and businesses in "real time" against data loss and breaches. StrikeForce Technologies, Inc. (OTCBB: SFOR) is headquartered in Edison, N.J., and can be reached at 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.

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