SOURCE: StrikeForce Technologies

June 22, 2006 12:55 ET

StrikeForce Announces Availability of ProtectID™ Release 2.2.3 Multi-Factor Authentication for Enterprise, Government and Financial Service Markets

Enhancements to ProtectID™ Include OATH Compliance, Extended Authentication Methods, and Bundled Pricing

EDISON, NJ -- (MARKET WIRE) -- June 22, 2006 -- StrikeForce Technologies (OTCBB: SKFT), a leader in solutions that prevent identity theft, announced today the availability of ProtectID Release 2.2.3, which includes several exciting features addressing the critical needs of multiple markets.

The StrikeForce ProtectID™ Platform provides one of the industry's most unique and comprehensive set of multi-factor authentication methods, providing Enterprises, Governments and Financial Institutions with the flexibility to deploy the appropriate authentication approaches across their client and employee populations. ProtectID is a solution that reduces operational expense and user frustration with its user friendly authentication choices and low bundled pricing.

New with ProtectID™ 2.2.3:

--  Windows Domain Authentication -- Users can now use all of the
    ProtectID™ authentication methods for remote (external) and domain
    (internal) access, securing access to the organizations and their
    information
--  One-Time-Passcode (OTP) -- Compliant with the OTP standards as
    promoted by the initiative for OATH (Open Authentication), ProtectID soft
    tokens can be placed on mobile devices, computer systems, or be distributed
    via e-mail
--  ISA Web Filter -- The ProtectID™ web filter for Microsoft's
    Internet Security and Acceleration (ISA) Server permits simple
    authentication for web portal environments a huge and growing marketplace
    
We expect ProtectID Release 2.2.3 to position us strongly in the lucrative and rapidly growing market for flexible and affordable strong authentication that meets critical compliance needs of the corporate marketplace, such as the FFIEC guidelines for financial services which recommends two factors and "Out-of-Band" Authentication for high risk transactions, which are main features of our products. In addition, we are already partnered with financial services industry leading third-party providers in order to offer a total comprehensive solution.

"What we have found critical to a number of our clients is the ability to have primary and backup authentication approaches that can apply to their employee, contractor, vendor and customer populations with our ProtectID product," says Mark Kay, CEO of StrikeForce Technologies. "This redundancy feature has proven its Return On Investment by minimizing calls to the help desk, as well as helping to prevent user downtime. We are now combining multiple authentication methods for a low one-time or annual fee, providing an overall greater value."

StrikeForce customers are purchasing ProtectID™ to secure a diverse set of environments via one platform, including web portals, VPNs, Windows Domains, Novell Domains and other terminal services environments. These organizations are deploying software OTP via email, on Blackberry's™ and on computer systems, physical tokens, and phone/pin authentication in a variety of combinations to achieve Sarbanes-Oxley, Patriot Act, Gramm-Leach-Bliley Act, FFIEC, and Know Your Client rules and regulations.

"With government agencies seeking to have real-time back-up authentication for smartcard deployments, financial institutions requiring multiple dynamic authentication methods for consumers, and enterprises seeking cost-effective alternatives to the traditional physical token, ProtectID™ provides the right set of capabilities to meet these requirements and with the capacity of future expansion," says Kay. "Customers are seeking this flexibility in each and every deployment."

About StrikeForce Technologies

StrikeForce Technologies, a leader in solutions that prevent identity theft, is a company that can protect customers, partners and employees -- in real-time against identity fraud. Its total protection solution strengthens companies' defenses against the biggest points of fraud -- when accounts are opened, when they're accessed, when they're changed, and each time there's a new transaction. StrikeForce Technologies is trading on the OTC bulletin board (SKFT) and the company is headquartered in Edison, N.J., and can be reached at www.strikeforcetech.com or (866) 787-4542.

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