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SystemSpecs, Nigeria's Leading e-Payment Solution Provider, Integrates StrikeForce's ProtectID(R) Authentication Platform to Authorize Transactions for Its Remita e-Payment Solution(December 19, 2011)
EDISON, NJ -- (Marketwire) -- 12/19/11 -- StrikeForce Technologies (OTCBB: SFOR) announced today that SystemSpecs, Nigeria's leading e-Payment Solution Provider, has integrated StrikeForce's ProtectID Out-of-Band Authentication Platform to Secure Transactions into its Remita e-Payment Solution for its customers.
Founded in 1991, SystemSpecs has since emerged as a leading provider of e-Payment, Financial, and Human Capital Software Solutions for the Nigerian and African environment. The Remita solution was introduced to promote end-to-end electronic processing and payment of Salaries and Pensions by Private and Public Sector Organizations, in line with the National Payment System (NPS) Vision 2020 initiative of Central Bank of Nigeria (CBN).
"We are very pleased that SystemsSpecs has integrated our ProtectID 'Out-of-Band' Authentication Platform into their Remita e-Payment solution for their customers in the African Marketplace," says Mark L. Kay, CEO of StrikeForce, "it just further validates the robustness and flexibility of our Authentication and Transaction Authorization Technology that is protected by our 'Out-of-Band' Patent No. 7,870,599."
"This is our third announcement in the last four weeks about financial service organizations choosing to license our ProtectID 'Out-of-Band' Authentication Platform to authenticate users and/or authorize transactions," says Kay, "and we continually have increasing ProtectID opportunities throughout the U.S. and Europe."
About StrikeForce Technologies, Inc:
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.
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.
Investor Relations Contact:
BlueWater Advisory Group, LLC.
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