StrikeForce Technologies Releases Its First Quarter 2013 10Q Financial Results
May 17 2013 - 4:55PM
Marketwired
StrikeForce Technologies (OTCBB: SFOR) today reported its 1st Qtr.
2013 Financial Results, which shows net revenues on track for the
year ending 2013 and global product development increasing.
"StrikeForce continues to remain on target with its revenue
guidance for the year ending 2013 provided from our 2012 year end
WebEx presentation. StrikeForce's net revenues for the three months
ended March 31, 2013 were $160,991 compared to $184,654 for the
three months ended March 31, 2012, a decrease of $22,263 or 12.8%.
StrikeForce remains very positive in regards to our recurring net
revenues, maintenance payments and new pilots in process now and
especially with the projected revenue increases later this year
through our growing planned channel strategy.
"StrikeForce is executing on its international channel strategy
and starting to see the benefits of our exciting global plan. We
recently signed up new channel partners and others in process,"
says Mark L. Kay, CEO of StrikeForce Technologies. "As published in
the latest 2013 Verizon Data Breach report, they examined 47,000
security incidents of data breaches in 2012 encompassing over 1.1
billion compromised records since their reports started. This
years' report stated 'In the land of financially motivated
breaches, spyware (which includes keyloggers) is King,' which
StrikeForce has the real-time answer for, unlike the anti-virus
programs. StrikeForce has recently been quoted in various media and
noted in an article by American Banker for having a special
solution to help prevent cyber-attacks, such as the $45 million
well published global bank heist."
StrikeForce is pleased to announce the Company's 1st Qtr. 2013
10Q live public WebEx Presentation on Tuesday, May 21st at 11AM
EDT, where Mr. Kay will walk through a presentation of the 1st Qtr.
2013 results, an update on our Patent litigation and our 2013 full
year business outlook. Anyone interested in attending, or with any
questions relating to our 1st Qtr. 10Q filing, please email your
questions and or request to Q1Review@strikeforcetech.com to then
receive your official invite and link.
Detailed financial data and other information are available in
StrikeForce Technologies, Inc. Form 10Q on the StrikeForce website
and www.sec.gov, for the first quarter ending March 31st, 2013.
ABOUT STRIKEFORCE TECHNOLOGIES, INC.
StrikeForce Technologies helps to prevent online identity theft
and data security breaches for consumers, corporations, and
government agencies. It provides powerful two-factor, 'Out-of-Band'
authentication, keystroke encryption and mobile solutions.
StrikeForce Technologies, Inc. (OTCBB: 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.
Add to Digg Bookmark with del.icio.us Add to Newsvine
Contact: Mark L. Kay (732) 661-9641
Q1Review@strikeforcetech.com
StrikeForce Technologies (QB) (USOTC:SFOR)
Historical Stock Chart
From May 2024 to Jun 2024
StrikeForce Technologies (QB) (USOTC:SFOR)
Historical Stock Chart
From Jun 2023 to Jun 2024