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ZERIFY INC - ZRFY STOCK NEWS

Welcome to our dedicated page for ZERIFY news (Ticker: ZRFY), a resource for investors and traders seeking the latest updates and insights on ZERIFY stock.

Zerify Inc. (OTC PINK: ZRFY), formerly known as StrikeForce Technologies, is a premier cybersecurity company based in Edison, New Jersey. With over two decades of experience, Zerify specializes in Secure Video Conferencing and Endpoint Gap Security. The company aims to prevent cyber theft and data breaches for consumers, corporations, and government agencies through advanced multi-factor out-of-band authentication and keystroke encryption technologies.

Zerify’s cutting-edge solutions protect millions of users worldwide, securing not only digital communications but also hardware components such as cameras, microphones, and speakers. This ensures that confidential data remains secure even when offline or not on a video conference. Zerify stands out in the market by offering a level of cybersecurity protection that is unmatched by other video conferencing services like Zoom, Webex, LogMeIn, MS Teams, or BlueJeans.

The company holds several patents for its innovative technologies, including keystroke encryption on PC, Mac, and mobile devices (patents 8,566,608 & 8,732,483) and out-of-band authentication (patents 7,870,599 & 8,484,698 & 8,713,701). Zerify continues to enhance its product offerings and has recently made significant strides in expanding its sales and distribution channels.

In its latest developments, Zerify has restructured its financials, converting approximately $1.7 million in debt into preferred shares. This move significantly improves the company’s cap table and balance sheet, paving the way for future growth and increased shareholder value. CEO Mark L. Kay has expressed confidence in Zerify’s strategic path and corporate outlook for 2024, anticipating significant revenue growth as the need for secure communications continues to escalate in today's digital age.

Recent collaborations include a partnership with 323Link, which has launched new features for Tennessee's District 9 Court System. Zerify is dedicated to continually improving and expanding its cybersecurity solutions, ensuring robust protection for all users.

Rhea-AI Summary
Zerify Inc., a cybersecurity company, highlights concerns over Zoom's updated terms of service that allow broad-reaching implications on data utilization. Zerify reassures its users that their data remains secure and protected. Zerify Meet is considered the gold standard for Video Conferencing Security, offering two-factor authentication and encryption for secure collaboration.
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Zerify Inc. has signed a multi-year multi-million dollar licensing agreement with a prominent industry leader for secure video conferencing & endpoint security. The agreement stipulates a minimum of $600,000 - $900,000 per year for the next five years, with potential for higher revenues. The partner will launch in the US and expand to Europe and Asia. Zerify has also achieved various industry recognitions and partnerships.
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Rhea-AI Summary

Zerify Inc. (OTC: ZRFY), a cybersecurity company specializing in Secure Video Conferencing & Endpoint GAP Security, has outlined its growth strategy in a shareholder update. The company aims for double-digit revenue growth over the next five years through product diversification, geographic expansion, and strategic partnerships.

Key highlights include:

  • Partnerships with TD SYNNEX and D2C, accessing over 20,000 resellers in the US, Canada, and Japan
  • Launch of a new Zerify Meet platform
  • Upcoming addition of Zerify Rooms to target the $3.2B AV-style Rooms market
  • Potential agreement to reach up to one million monthly paying customers in the US & Europe

CEO Mark L. Kay emphasized the importance of channel partners in expanding market reach, providing value-added solutions, and accelerating time-to-market. The company's rebranding efforts align with its strategic vision and market positioning.

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Rhea-AI Summary

Zerify Inc. (OTC PINK: ZRFY) has been highlighted in Aite-Novarica Group's Quarterly Fintech Spotlight report, showcasing its cybersecurity products, Zerify Meet and Zerify Defender. The report emphasizes Zerify's innovative solutions in the face of increasing cyber threats, particularly its zero-trust architecture which mandates user authentication for video conferencing sessions. Key features include out-of-band authentication, desktop lockdown to prevent unauthorized access, and comprehensive meeting management. CEO Mark L. Kay noted that Zerify Defender also closes the security gaps left by traditional antivirus solutions, protecting against both known and emerging threats. This recognition positions Zerify as a significant player in the crowded cybersecurity market.

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FAQ

What is the current stock price of ZERIFY (ZRFY)?

The current stock price of ZERIFY (ZRFY) is $0.000001 as of October 15, 2024.

What is the market cap of ZERIFY (ZRFY)?

The market cap of ZERIFY (ZRFY) is approximately 497.6K.

What does Zerify Inc. specialize in?

Zerify Inc. specializes in Secure Video Conferencing and Endpoint Gap Security, providing advanced cybersecurity solutions.

Where is Zerify Inc. located?

Zerify Inc. is based in Edison, New Jersey.

What kind of cybersecurity technologies does Zerify offer?

Zerify offers multi-factor out-of-band authentication and keystroke encryption technologies.

How does Zerify differentiate from other video conferencing services?

Zerify provides unmatched cybersecurity protections for cameras, microphones, and speakers, which are not offered by services like Zoom, Webex, or MS Teams.

What recent financial improvements has Zerify made?

Zerify has converted approximately $1.7 million in debt into preferred shares, significantly improving its cap table and balance sheet.

Who is Zerify's current CEO?

Mark L. Kay is the current CEO of Zerify.

What patents does Zerify hold?

Zerify holds several patents for keystroke encryption (8,566,608 & 8,732,483) and out-of-band authentication (7,870,599 & 8,484,698 & 8,713,701).

Who has Zerify recently partnered with?

Zerify has recently partnered with 323Link to launch new features for Tennessee's District 9 Court System.

What is the strategic outlook for Zerify in 2024?

Zerify anticipates significant revenue growth in 2024, driven by the increasing need for secure communications.

How can I contact Zerify for more information?

You can contact Zerify at marklkay@zerify.com or call (732) 661-9641.

ZERIFY INC

OTC:ZRFY

ZRFY Rankings

ZRFY Stock Data

497.56k
2.74B
0.66%
Software - Infrastructure
Technology
Link
United States of America
Edison