Zerify Inc (ZRFY)

[CrownCannabis]

EDISON, N.J., Aug. 15, 2016 (GLOBE NEWSWIRE) -- StrikeForce Technologies (OTC PINK:SFOR) today reported its 2nd Qtr. 2016 Financial Results, which shows a moderate increase in net revenues for 2016, while projecting increasing revenues going forward, based on the growing demand, in stores and online for our newly boxed and mobile products, (GuardedID® PC and MAC, MobleTrust® iPhone and Androids).

“StrikeForce and its sales channel continue to sign new retail and enterprise contracts and pilots in 2016. StrikeForce’s revenues for the six months ended June 30, 2016 was $209,599 compared to $144,737 for the six months ended June 30, 2015, an increase of $50,814 or 66.8%, primarily due to the increase in GuardedID® keystroke encryption and MobileTrust® sales (including some ProtectID® Out-of-Band Authentication),” says Mark Kay, CEO. “StrikeForce continues its Out-of-Band Patent litigation against the three companies and anticipates a successful effort, while recognizing the costly and unpredictable nature of litigation,” continues Kay. “StrikeForce remains very positive in regard to our developing recurring gross revenue opportunities, with all of our deals now in play. In addition we are especially enthusiastic with the early strong interest in our new mobile products.”

“StrikeForce is very excited about the future. We are aggressively litigating patent and intellectual property infringers,” says Kay. “As published in an article called ‘Identity Theft Statistics 2013: Why You Should Be Alarmed,’ in the July edition of Credit Donkey, the FCC reported that mobile security threats have increased more than 350% since 2010.”

https://finance.yahoo.com/news/strikeforce-technologies-releases-2nd-qtr-183338605.html