SOURCE: Elephant Talk Communications

Elephant Talk Communications

Elephant Talk Communications

Elephant Talk Communications

January 31, 2012 08:50 ET

Voice Biometrics: Overcoming the Barriers to Adoption Webinar

Opus Research and ValidSoft Will Host Webinar at 3 pm GMT / 10 am EST / 7 am PST on February 2, 2012 to Discuss How the Security Industry Can Embrace Voice Biometrics as Part of a Multi-Factor Authentication Process

LONDON and SAN FRANCISCO, CA--(Marketwire - Jan 31, 2012) - ValidSoft, (www.validsoft.com), a global supplier of fraud prevention, authentication and transaction verification solutions and part of the Elephant Talk Group, joins forces with leading research house Opus Research to discuss the voice biometrics industry as it stands in 2012. ValidSoft is a wholly-owned subsidiary of Elephant Talk Communications, Corp. (NYSE Amex: ETAK) (www.elephanttalk.com), an international provider of business software to the telecommunications and the financial services industry.

Voice biometrics has been around for over a decade and is on the brink of widespread use. Dan Miller, Senior Analyst at Opus Research and Pat Carroll, CEO of ValidSoft, will discuss the lessons learned and how a renewed interest signals a tipping point for multifactor authentication this year.

Successful implementation of voice biometric-based solutions falls on the following factors:

  • Incorporating them into risk-aware, multi-modal and multi-layer security solutions
  • Addressing the objections of various stakeholders in security and customer settings
  • Building the customer base by simplifying the enrollment process
  • Future proofing solutions by anticipating new technology

The webinar will talk about the learnings from a range of industries including telecommunications carriers, healthcare providers, financial services companies and large retailers. Opus Research expects the number of voice prints globally to rise from 10 million today to over 25 million in just three years, thanks to mobile commerce, increasing complexity of password management and growing concern over identify theft.

To register your attendance for the webinar, please visit: http://voicebiocon.com/2012/01/12/upcoming-webcast-overcoming-barriers-to-adoption/

About ValidSoft
ValidSoft is a subsidiary of Elephant Talk Communications Corp. (NYSE Amex: 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 Corp. (NYSE Amex: 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).

About Opus Research
Founded in 1985, Opus Research is a market research and consulting firm specializing in "Conversational Commerce," which combines speech processing, multichannel customer care, mobility and e-commerce. Its clients include communications carriers, enterprise software and information infrastructure providers, contact center specialists, hosted service providers, and mobile solutions providers. Opus prepared its first study of Voice Biometrics Global Market potential in 2003 and has convened global conferences dedicated to Voice Biometrics since 2007.

Forward-Looking Statements
Certain statements contained herein constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements may include, without limitation, statements with respect to the Company's plans and objectives, projections, expectations and intentions. These forward-looking statements are based on current expectations, estimates and projections about the Company's industry, management's beliefs and certain assumptions made by management. Readers are cautioned that any such forward-looking statements are not guarantees of future performance and are subject to certain risks, uncertainties and assumptions that are difficult to predict. Because such statements involve risks and uncertainties, the actual results and performance of the Company may differ materially from the results expressed or implied by such forward-looking statements. Given these uncertainties, readers are cautioned not to place undue reliance on such forward-looking statements. Unless otherwise required by law, the Company also disclaims any obligation to update its view of any such risks or uncertainties or to announce publicly the result of any revisions to the forward-looking statements made here. Additional information concerning certain risks and uncertainties that could cause actual results to differ materially from that projected or suggested is contained in the Company's filings with the Securities and Exchange Commission (SEC), copies of which are available from the SEC or may be obtained upon request from the Company.

Contact Information

  • Contacts:
    Elephant Talk Communications Corp.
    Mr. Steven van der Velden
    Tel: + 31 20 653 59 16
    Email Contact
    www.elephanttalk.com

    Investors Relations:
    Alliance Advisors, LLC
    Thomas P. Walsh Tel:
    +1 212-398-3486
    Email Contact

    Opus Research:
    Dan Miller
    Sr. Analyst
    Opus Research
    Email Contact
    +1 (415) 692-4863

    ValidSoft:
    Emmanuelle Filsjean
    Tel: +44 (0)20 3170 8999
    Email Contact

    For UK and EU:
    Fishburn Hedges
    +44 (0)20 7839 4321
    Email Contact