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StrikeForce Announces the Industry’s Most Secure Video Conferencing API is Now Available

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StrikeForce Technologies (OTCQB: SFOR) announced the launch of its SafeVchat™ Secure Video Conferencing API, now actively integrated by several customers. The API offers vital cyber security features, addressing the growing risks of data breaches. Customers, including a Fortune 100 company and a global financial marketplace, are set to implement the API across various applications. Additionally, the firm recently initiated a marketing program expected to yield positive results. StrikeForce currently holds over $2.5 million in cash, earmarked primarily for marketing and expansion efforts.

Positive
  • Launch of SafeVchat Secure Video Conferencing API with active customer integrations.
  • Customer interest from Fortune 100 company and global financial marketplace.
  • Recent marketing initiatives showing positive results.
  • Strong financial position with over $2.5 million in cash for growth and marketing.
Negative
  • None.

Customers have already started integration of our API

EDISON, N.J., Dec. 07, 2021 (GLOBE NEWSWIRE) -- StrikeForce Technologies, Inc. (OTCQB: SFOR), a cyber security company that reduces the risk of identity theft and data breaches and a provider of innovative cyber, privacy and data protection solutions for businesses and home users, announced today that their SafeVchat™ Secure Video Conferencing API is now available.

“Our SafeVchat™ Secure Conferencing API enables businesses of all sizes the ability to easily integrate cyber security & video conferencing into any type of business application such as CRM’s, Marketing platforms, Insurance & Healthcare applications or even Home-Grown Customer Support applications. Most general-purpose video conferencing platforms such as Zoom, Teams & others were not designed to provide organizations with the necessary cyber security features to protect confidential business, legal and personal data where there are significant risks associated with information disclosure to unauthorized parties,” says Mark L. Kay, CEO of StrikeForce.

“That’s why several of our customers have chosen to integrate our SafeVchat Secure API into their platform(s),” says Kay. “Before they spoke with us, they reached out to many of the other big name video conferencing platforms and none of them had an API that contained the necessary cyber security & platform flexibility needed to meet their unique requirements. In fact, one of our newer customers, already contracted with us, has embedded our API for their own fortune 100 customer, and when they launch our API it will be rolled out to thousands of locations over time across the US, which should start soon. Another one of our customers is currently embedding our API into a global financial marketplace that they will be launching next year.”

“Most general-purpose video conferencing API’s typically treat all meetings the same way, from employee virtual happy hours to in-depth discussions of mergers and acquisition targets. Meanwhile, stealing confidential data is at an all-time high and hackers are making billions doing so, that’s why industry regulators are now starting to enforce regulatory compliances which require shared data to be protected via strong cyber security controls such as multi-factor authentication & encryption,” says Kay. “Our SafeVchat API is the only API on the market that we are aware of that enables businesses to layer the appropriate level of cyber security controls to keep data safe while meeting regulatory compliance,” says Kay.

“The API launch is not the only exciting news going on at StrikeForce right now,” says George Waller, EVP. “We are seeing new customers signing up every day and thereby growing in numbers. We just launched a marketing program with PipelineZen last week that’s already starting to show positive results in their marketing and sales. We will be hiring a dedicated marketing director as well as adding an advertising agency. As Mark Kay has indicated, we have over $2.5 million in the bank right now and we plan on using it mostly for marketing and to grow the company.”

“Additionally, I have been working closely with our analyst firm (the Aite Group), to establish StrikeForce as the de-facto leader in the secure video conferencing & collaboration market, and I am excited to tell you that we have developed an entirely new novel approach to help us achieve this status, which we plan on launching a major campaign about this in January,” says George Waller, EVP.

About StrikeForce Technologies Inc.
StrikeForce Technologies helps to prevent Cyber theft and data security breaches for consumers, corporations, and government agencies. It provides powerful two-factor, “Out-of-Band” authentication, keystroke encryption along with mobile solutions. StrikeForce Technologies, Inc. (OTC PINK:SFOR) is headquartered in Edison, N.J., and can be reached at www.strikeforcetech.com, on its Twitter and Facebook pages (none of which are incorporated by reference into this press release), 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, COVID-19, 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.

Corporate Info:
StrikeForce Technologies, Inc.
Mark L. Kay
(732) 661-9641
marklkay@strikeforcetech.com 


FAQ

What is the significance of StrikeForce's SafeVchat API?

The SafeVchat API provides essential cyber security features for video conferencing, meeting regulatory compliance, and protecting sensitive data.

How many customers are currently using the SafeVchat API?

Several customers have begun integrating the SafeVchat API into their platforms, including a Fortune 100 customer.

What financial resources does StrikeForce have for marketing?

StrikeForce has over $2.5 million in cash, primarily allocated for marketing and expanding their business.

What results have been observed from StrikeForce's recent marketing efforts?

The recent marketing program launched with PipelineZen has begun to show positive results.

In which sectors is the SafeVchat API expected to be implemented?

The SafeVchat API is designed to be integrated into sectors like healthcare, insurance, and customer support applications.

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