SOURCE: Strikeforce Technologies, Inc.
EDISON, NJ--(Marketwire - Feb 5, 2013) - StrikeForce Technologies, Inc. (OTCBB: SFOR) is pleased to announce the signing of six new customer contracts. StrikeForce products will be used to protect healthcare institutions, financial services, government agencies and ecommerce transactions.
"Each of our new customers evaluated our security solutions against well-known competitive products, and in each case, StrikeForce's products proved to be superior in breadth, depth and especially protection," says Mark L. Kay, CEO of StrikeForce. "These superior and evolving products combined with stronger compliance regulations and explosive growth in data breaches have all contributed to our increased sales. For the year 2012 we project to report a 70% sales increase over 2011, largely with continuing recurring revenues and our outlook for 2013 keeps increasing based on contracts and pilots already in place."
"Additionally, we are very excited to introduce our newest MobileTrust™ security product for Apple and Android mobile devices and tablets later this month at the annual RSA Security Conference (at booth #539) in San Francisco (Feb. 25th - 28th). With 25,000 registered attendees coming to the conference and mobile security on everyone's minds, we expect to draw a great deal of interest from enterprise IT, mobile providers and potential partners," says Mr. George Waller, EVP of StrikeForce. "Our MobileTrust is truly unique and perfectly positioned and will appeal to those seeking both internal and customer solutions for mobile device security."
StrikeForce Technologies (OTCBB: SFOR) is the inventor and key patent holder (Patent No. 7,870,599) for two factor out-of-band authentication platform ProtectID®, as well as an anti-keylogging keystroke encryption technology (patent pending). The company's GuardedID anti-keylogging keystroke encryption technology prevents keylogger malware from stealing personal, business, financial information and passwords. Their software protects over six million individuals and businesses in over 100 countries from identity theft and data breaches. StrikeForce's ProtectID out-of-band authentication technology is the only platform to offer eight different out-of-band methods, including phone, voice, instant messaging, hard tokens, and desktop/mobile tokens. ProtectID can be installed and managed 100% on premise, or, via StrikeForce's Cloud Service. StrikeForce 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.