SOURCE: Elephant Talk Communicaitons

Elephant Talk Communicaitons

March 23, 2011 04:00 ET

ValidSoft CEO Will Be an Expert Panelist at Voice Biometrics Conference Amsterdam

LONDON--(Marketwire - March 23, 2011) - ValidSoft Limited (www.validsoft.com) CEO Patrick Carroll will be a member of a panel of experts on March 23 at the Voice Biometrics Conference Amsterdam 2011 on the topic of "Focus on Mobile." ValidSoft Limited, a wholly-owned subsidiary of Elephant Talk Communications Inc. (OTCBB: ETAK) (www.elephanttalk.com), is a global supplier of fraud prevention, authentication and transaction verification solutions.

Carroll said, "I am delighted to be invited to serve on the 'Focus on Mobile' panel by Opus Research, the presenter of this conference. It is strong recognition of ValidSoft as a market leader and that we are unique in our comprehensive anti-fraud solutions, which include voice biometrics."

Carroll added, "As advanced, comprehensive fraud solutions continue to be developed, integrating voice biometrics into broader anti-fraud systems has become more efficient, affordable and reliable. Voice can now easily be used to augment the process of remotely authenticating customers."

ValidSoft has launched its VALid-SVP™ (Speaker Verification Platform), a voice biometric technology to improve secure authentication. "VALid-SVP™ is our exclusive, bundled, biometric voice verification technology, which competes very favourably with other leading voice biometrics products," Carroll said. "VALid-SVP™ supports text-dependent and text-independent voice verification models, all delivered in a seamless manner over multiple telecommunications channels."

"The panel discussion at Voice Biometrics Amsterdam will focus on the fact that mobile devices are much more than phones. They are now the primary instruments for electronic commerce," Carroll said. "Always on, always connected, they are the most important channel to the customer. They are function rich, repositories and sources of high value services such as location information, message streams, payment instructions, and e-wallets, all of which should be subjected to the highest security measures."

ValidSoft also has released its commercially available Four-factor authentication solution VALid-4F. The technology is the world's first commercially available Four-factor authentication solution utilizing a single integrated platform. Four-factor authentication comprises the factors of "something you know," "something you have," "somewhere you are" and "something you are."

Voice Biometrics Conference Amsterdam 2011 is a conference dedicated to building awareness of voice biometrics as one of the most accurate, affordable and scalable platforms for identity verification and authorization. Previous VBC attendees have represented the world's largest financial institutions, multinational telecommunications providers, healthcare and insurance industries, and national security organizations.

Dan Miller, Senior Analyst and Founder, from Opus Research says, "We are the leading analysts in Voice Biometrics technologies and the business opportunities they create. We select top experts to participate in our discussions panels and we are delighted to include Pat Carroll on the podium at Voice Biometrics Conference 2011. He brings the insights of an executive who is leading a company, ValidSoft Limited, that incorporates voice biometrics into novel, high-growth application areas."

About ValidSoft
ValidSoft is a subsidiary of Elephant Talk Communications, Inc. (OTCBB: ETAK), (www.elephanttalk.com) and is a market leader in providing solutions to counter electronic fraud relating to card, the internet, and telephone channels. ValidSoft's solutions are at the cutting edge of the market and are used to verify the authenticity of both parties to a transaction (Mutual Authentication), and the integrity of the transaction itself (Transaction Verification) for the mass market, in a highly cost effective and secure manner, yet easy to use and intuitive. For more information, please visit (www.validsoft.com).

About Elephant Talk Communications
Elephant Talk Communications, Inc. (OTCBB: ETAK) is an international provider of business software and services to the telecommunications and financial services industry. The company enables both mobile carriers and virtual operators to offer a full suite of products, delivery platforms, support services, superior industry expertise and high quality customer service without substantial upfront investments from clients. Elephant Talk provides global telecommunication companies, mobile network operators, banks, supermarkets, consumer product companies, media firms, and other businesses a full suite of products and services that enables them to fully provide telecom services as part of their business offerings. The company offers various dynamic products that include remote health care, credit card fraud prevention, mobile internet ID security, multi-country discounted phone services, loyalty management services, and a whole range of other emerging customized mobile services. For more information, visit (www.elephanttalk.com).

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