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StrikeForce Technologies and T-Five Expand Offering of StrikeForce Products to Pacific Rim(March 27, 2012)
EDISON, NJ and AUCKLAND, NEW ZEALAND -- (Marketwire) -- 03/27/12 -- StrikeForce Technologies, Inc. (OTCBB: SFOR), a company that specializes in the prevention of Identity Theft and Data Breach Prevention, and Terrestrial Five, Inc., a company that focuses on delivery of "best in class" technology for Security, Telco, Broadband and Wireless solutions worldwide, announced today that they will be launching a new business development strategy aimed at the delivery of StrikeForce products to business and consumers in New Zealand, Australia and throughout the Pacific Rim.
"This is a unique opportunity for us to expand our reach and revenue potential," says Mark L. Kay, CEO of StrikeForce, "the Pacific Rim countries represent a vast untapped market for StrikeForce and this market needs solutions addressing the major data security vulnerabilities experienced everywhere else around the world."
T-Five will offer StrikeForce products to existing clients in addition to its pursuit of new business opportunities. The two companies will work together to develop profitable new business relationships.
"StrikeForce's industry's leading patented 'Out-of-Band' ProtectID® Authentication Platform and GuardedID® Anti-Keylogging Keystroke Encryption Technology products will have a tremendous audience here in New Zealand as well as in the other Pacific Rim countries," says T-Five Director Mike Sperry, "and with StrikeForce introducing new features which address Cloud, Apple and Mobile Device Security, we expect a significantly positive response to our business development efforts."
The topics of data breach, data security and online fraud have dominated New Zealand and Australian business and technology media outlets in recent months and attention to identifying solutions that address these problems is clearly growing. For example, reports about the hacking of a private email account belonging to New Zealand's Foreign Minister, Murray McCully and ongoing coverage of a leak of sensitive personal information that allegedly happened last August at the Accident Compensation Corporation (ACC), the entity that provides comprehensive, no-fault personal injury cover for all New Zealand residents and visitors to New Zealand, have both public and private sectors focused on finding better ways to deal with unauthorized account access.
"Our early stage marketing and sales efforts in the financial services, enterprise and government sectors has revealed significant interest in 'Out-of-Band' solutions," says Sperry, "and consumers are also looking for solutions to help safeguard their home computers and mobile devices against theft of personal information and that's where we see GuardedID not only as an extremely strong stand alone security tool for households but one that could be offered by Internet Service Providers, Telecommunications Companies and Utility providers as a value add to their customers."
About StrikeForce: StrikeForce Technologies, Inc. (www.strikeforcetech.com) 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 and keystroke encryption 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.
About T-Five: Terrestrial Five, Inc. is a Liberian Corporation established in June of 2007 with offices in the USA, UK and Zealand. The company's focus is on investments in, and delivery of, Security, Telco, Broadband and Wireless Solutions. T-5 has partnerships with "best in class" technology and financial companies worldwide. For more information please contact Michael Sperry at [email protected] or online at www.terrestrialfive.com.
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.
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