StrikeForce's GuardedID(R) Keystroke Encryption Software Sales Increase by 84% in First Quarter
April 16 2014 - 8:37AM
Marketwired
StrikeForce's GuardedID(R) Keystroke Encryption Software Sales
Increase by 84% in First Quarter
Keystroke Encryption Becomes Essential Component in Protecting
Data-in-Motion
EDISON, NJ--(Marketwired - Apr 16, 2014) - StrikeForce
Technologies, Inc. (OTCQB: SFOR), a company that specializes in
Cyber Security solutions for the prevention of Data Breaches and
Cyber Theft, announced today that two of its key GuardedID
marketing partners have experienced a dramatic 84% increase in
sales during the first quarter of 2014.
"We are extremely pleased, but not surprised with the increase,"
says George Waller, Executive Vice President of StrikeForce, "since
we have been preaching about the dangers of keyloggers for years,
and have been telling everyone that they need to proactively
encrypt data at the point of origin, when it's typed into any
device, as well as while it's in motion. Unfortunately due to the
latest barrage of breaches people are starting to be affected and
get it."
"According to the 2013 Verizon Data Breach Investigations
report, 69% of data breaches reported in the past three years were
caused by malware, of which 89% were keylogging malware, which were
used to successfully steal user credentials 98% of the time,"
continues Waller. "That's why protecting data at the point of
origin and in motion is so critical. That's also why regulators
like the PCI Council now require encryption for Data-in-Motion to
be compliant."
"While the 84% increase in GuardedID sales is great for the
bottom line, even though starting from nominal levels, what's even
more exciting is that we are being solicited on a daily basis by
new potential marketing partners that want to build our patented
GuardedID Keystroke Encryption into their marketing programs and
bundles. We see this as a positive financial opportunity for
StrikeForce in 2014 that will build up over the year and go a long
way in reaching our 2014 projections," says Mark L. Kay, CEO.
"In addition to our GuardedID Keystroke Encryption for PCs and
now MACs, we have just launched our MobileTrust beta program which
includes our GuardedID Keystroke Encryption mobile products for the
keyboard and browser on all Apple or Android smartphones and
tablets. Each of our marketing partners sees a real opportunity to
bundle our patented keystroke encryption protection for both your
PC and your mobile device," says Waller.
ABOUT STRIKEFORCE TECHNOLOGIES, INC.
StrikeForce Technologies, Inc. helps to prevent cyber theft and
data security breaches for consumers, corporations, and government
agencies. It provides powerful two-factor, 'Out-of-Band'
authentication and keystroke encryption solutions for desktops and
mobile devices. StrikeForce Technologies, Inc. (OTCQB: 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.
StrikeForce Technologies' IR Contact Mark L. Kay (732) 661-9641
marklkay@strikeforcetech.com StrikeForce Public Relations Contact:
George Waller (732) 661-9641 gwaller@strikeforcetech.com