SOURCE: Strikeforce Technologies, Inc.

Strikeforce Technologies, Inc.

February 03, 2016 08:30 ET

StrikeForce Technologies Reports on the State of the Union

EDISON, NJ--(Marketwired - February 03, 2016) - StrikeForce Technologies, Inc. (OTC PINK: SFOR),

STATE OF THE COMPANY:

We are proud to announce our most recent 8k, that shows that Cyber Safety, Inc., a company owned by Advanced Cyber Security, purchased their option this week of Nine Million Dollars ($9,000,000), which may be paid in the form of a promissory note due by and no later than September 30, 2020, of our keystroke encryption patents and related products (GuardedID® and MobileTrust®). StrikeForce Technologies Inc. sees these events as a game changer to the Company. The Company's agreements' does not affect or impact the right to sell through our distributor channel in perpetuity. We also intend to continue to protect our Out-of-Band Authentication (ProtectID®) patents in the marketplace over the next couple of years. The Company has and continues to plan to buy out a number of our major debt partners. We see all of these events as strong statements about our Company and products, ProtectID®, GuardedID®, MobileTrust® and MobileTrust® Secure Keyboard.

CUSTOMER MARKETS: 2015 was the year for changes and positive surprises, with all leading to strong success in 2016. We are now growing in the Enterprise and Retail Markets and are on target to sell our products and will also receive royalties from the Cyber Safety sales.

IN SUMMARY: StrikeForce projects 2016 to be the game changing year for StrikeForce Technologies as our products are increasing in sales and demand as Cyber Theft and Data Breaches increase daily and gain greater media coverage with corporate and consumer growing concerns. The projected increase is also based on documented increased Cyber Security budgets in 2016 globally across all markets.

About StrikeForce:

StrikeForce Technologies helps to prevent cyber security attacks 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. (OTC PINK: 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.

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