Replies to post #76411 on Zerify Inc (ZRFY)

[ZPaul]

$SFOR Did you miss the Key Info from 10-Q?

Ref 10-Q

From our MobileTrust† security application, built with our sCloud registration process, we have created and announced two new products: our new ProtectID† Mobile OTP (One Time Password) to be used with ProtectID†; and our new GuardedID† Mobile keystroke encryption software development kit (SDK). Both new products are now in production. With the creation of this new GuardedID† Mobile SDK, we now focus the sales of this software product to the development groups of our target markets for it to be added to their mobile applications. We are in discussions with many large scale parties that are interested in this software. Management has already received requests for this software, as keystroke encryption malware grows and remains a major problem for the mobile-cyber security market.


We also provide our clients a choice of operating our ProtectID† software internally by licensing it or through our hosted Cloud Service or a hybrid that some clients have implemented and none of our competitors presently offer.

Based on the FFIEC requirement, the latest Verizon Data Breach Report and the new articles from the White House urging law firms and legal services firms to add two factor authentication, we have recently experienced a growing increase in pilots and sales orders and inquiries specifically in the financial and legal markets.

Our newest product, MobileTrust†, is ideal for bringing the functionality of our other two products, especially including keystroke encryption, to all mobile devices, with initial focus on all Apple and Android devices. This product is also protected with our GuardedID† patents and some of its features and functions are covered by the Out-of-Band Authentication patent. We also filed an international patent that is in process as of August 2016

Licence Tech/OEM, Many Large Scale Parties (Both Software & Hardware )($INTC)

We are also seeking to license the technology as original equipment with computer hardware and software manufacturers. We are engaged in multiple production installations and pilot projects with various distributors, resellers and direct customers primarily in the United State.

We are in discussions with many large scale parties that are interested in this software. Management has already received requests for this software, as keystroke encryption malware grows and remains a major problem for the mobile-cyber security market.

We also provide our clients a choice of operating our ProtectID† software internally by licensing it or through our hosted Cloud Service or a hybrid that some clients have implemented and none of our competitors presently offer.

We are working with our patent attorneys to aggressively continue to enforce our patent rights now that we have successfully settled our first major patent lawsuit. Our patent attorneys filed our fourth "Out of Band" continuation patents. The third patent was recently granted and the fourth patent is pending. We currently have three patents granted to us for Out-of-Band ProtectID Ò (Patent Nos.: 7,870,599, 8,484,698 and 8,713,701).

In September 2014, we filed an International Patent for MobileTrust Ò (PCT/US20114/029905) which is pending

Multi-Channel marketing strategy includes:

1. Direct sales to enterprise and commercial customers.
In this effort, we joined ACS at the RSA Security Show, as well as attending other security related shows and we are looking at other sales alternatives in order to respond aggressively to inquiries related to our products.

2. The global addition of resellers, agents & distributors (our strategic sales channel) who distribute and resell our products and services to enterprise and commercial customers globally

1. Technology and software product distributors
2. Systems integrators
3. Managed service companies
4. Security technology and software vendors
5. Telecom companies
6. Cyber security related product companies

3. Application Service Provider (ASP) Partners: Our third party service provides a hosting platform that facilitates faster implementations at competitive prices for our Cloud Service option.

4. Original Equipment Manufacturers (OEM): SFT products are sold to other security technology vendors that integrate ProtectIDÒ, GuardedIDÒ and now GuardedIDÒ Mobile SDK into their products (bundling) and services providing for monthly/annual increasing recurring revenues.

5. Internet sites and retail stores that sell GuardedIDÒ and MobileTrustÒ to consumers and small enterprises.

6. Technology and other providers and resellers, agents and distributors interested in purchasing and or selling our new MobileTrustÒ cyber solution for all mobile devices, initially for all Apple and Android devices (production started in 2016).

7. Outside Independent consultants selling our products for commission only, focusing on the healthcare, legal and consumer markets.