Zerify Inc (ZRFY)

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$SFOR$ - JUST A FRIENDLY REMINDER...

"EDISON, N.J., Oct. 17, 2017 (GLOBE NEWSWIRE) -- StrikeForce Technologies, Inc. (OTC PINK:SFOR) announced today that the Patent Trial and Appeal Board (“PTAB”) of the United States Patent and Trademark Office denied two petitions for inter partes review (“IPR”), IPR2017-01041 and IPR2017-01064, filed by Centrify Corporation, Duo Security, Inc., and Trustwave Holdings, Inc. Petitioners had challenged numerous claims of U.S. Patent No. 8,484,698 (the “’698 patent”). The ’698 patent is titled “Multichannel Device Utilizing A Centralized Out-Of-Band Authentication System (COBAS)” and relates to StrikeForce’s unique multichannel out-of-band authentication solution, and is among the patents asserted by StrikeForce in various district courts, including in Massachusetts, New Jersey, and California. At this time, no other IPR directed to claims of StrikeForce’s patents is pending before the PTAB.


The PTAB ruled: “Having considered the Petition and the Preliminary Response, we determine that the information presented does not show that there is a reasonable likelihood that Petitioner would prevail in establishing the unpatentability of any of the challenged claims of the ’698 patent. Thus, for the reasons given below, we deny institution of an inter partes review.”

Mark Kay, CEO of StrikeForce, commented, “We are pleased with the PTAB’s decision to deny institution of the IPRs filed by Centrify, Duo, and Trustwave. We believe the PTAB’s decision further demonstrates the importance and value of StrikeForce’s inventions.”"

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