SOURCE: StrikeForce Technologies

June 26, 2006 09:42 ET

StrikeForce Sponsors FFIEC Compliance Event

StrikeForce Accelerates Opportunities With Financial Institutions

EDISON, NJ -- (MARKET WIRE) -- June 26, 2006 -- In May, 2006, StrikeForce (OTCBB: SKFT) sponsored an event titled "New FFIEC Guidelines and the Impact on Internet Banking," which was targeted to Financial Services executives and others responsible for FFIEC compliance and solution implementation, including Compliance Officers, Risk Managers, Internet Banking Line of Business Managers, Security Managers, IT managers, and Internet Security Specialists for Banking Institutions and Federal Credit Unions. This event attracted representatives, and opportunities, from many New York and New Jersey financial institutions as well as government and law enforcement personnel combating fraud in the internet channel for businesses and corporations.

"We feel our identity theft prevention tools will become greatly accepted in these markets," said Mark Kay, CEO of StrikeForce Technologies. "This event had excellent timing as many Financial Institutions are just completing their risk assessments, which is the step preceding selection and implementation of compliance solutions."

Speakers included members of the Office of Thrift Supervision, the American Banking Association, financial institutions, fraud prevention companies, and well-known leading professionals in the field.

"The attendees were seeking information and solutions that would assist them in combating identity theft and fraud while achieving the FFIEC Guidance," continued Kay. "Not only did we assemble a powerful panel of speakers, the response to the presentations, including the StrikeForce ProtectID™ solution, was substantial. Due to this event, which StrikeForce co-hosted with the well respected Infragard Organization, we have successfully accelerated several opportunities with large financial institutions and have been sought out by others that we expect to assist with FFIEC Compliancy by the end of 2006."

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 or (866) 787-4542.

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