STOCK TITAN

Zerify Starts The Year Off Strong

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Positive)
Tags
Rhea-AI Summary

Zerify Inc. (OTC Pink Sheets: ZRFY) reported its strongest January ever, indicating robust growth for the cybersecurity firm. CEO Mark L. Kay announced key developments, including the hiring of Ron Falbo as Channel Manager to enhance the company's distributor and reseller channels. Zerify's new customer pilots surpassed expectations, involving large organizations seeking improved endpoint security solutions. The company is expecting revenues between $2 million and $4 million over the next 12 months. Recent media coverage has elevated Zerify's profile, and the website is set for upgrades, including a trial feature and enhanced payment options.

Positive
  • Record January performance indicates strong demand.
  • Hiring of seasoned professional Ron Falbo as Channel Manager, pivotal for growth.
  • New customer pilots exceeded projections, including large organizations.
  • Revenue projections of $2 million to $4 million over the next year.
  • Recent media coverage enhances brand visibility.
  • Website revamp includes new commerce solutions and trial features.
Negative
  • None.

EDISON, N.J., Jan. 31, 2023 (GLOBE NEWSWIRE) -- Zerify Inc., (OTC Pink Sheets: ZRFY), the 21-year-old cybersecurity company focused on secure video conferencing & endpoint security, announced today that it’s having its strongest January since the company started.

“We are thrilled about this years very strong start,” says Mark L. Kay, CEO of Zerify, “everything that we we’ve been working on is starting to come to fruition, starting with our new strategic hire of Ron Falbo, who will assume the role as Channel Manager. This is a pivotal role for the company,” says Kay. “Building a world class distributor & reseller channel is a key component of our future growth, and Ron is as good as it gets. He’s a seasoned pro that has helped build channels for industry giants like Unisys, Synnex, Ingram Micro & HP.”

“New customer pilots have also eclipsed our projections,” says Kay, “and some of these are really large organizations that have many thousands of employees. This is exactly what we expected when it comes to very large organizations, their data is under assault and their existing endpoint security solutions don’t proactively protect their camera’s microphone’s, speakers, keyboards & clipboards from malware attacks. Zerify Defender is the only available solution on the market that can protect those vulnerable components & processes.”

“Our marketing & PR team has also exceeded expectations in getting prominent media coverage,” says Kay. “n the last couple of weeks Zerify has been covered by: HealthcareIT Today, DarkReading, Spiceworks, HelpnetSecurity, DigitalJournal, RWS, VentureBeat, Datanami & SolutionsReview. Coverage consisted of Thought Leadership, Media Relations & Newjacking opportunities. Marketing will continue to position Zerify products as the only “True” Zero Trust solutions in business, technology, channel, trade, and vertical outlets.”

“Our website development team has also been busy revamping our website with a new commerce solution that offers more payment options, as well as a new “Trial” feature, that enables any one individual or corporation to signup our trial software for 14 days, these changes are imminent and are expected to launch within the next week,” says Kay.

The below opportunities Zerify discussed in the last release are on track and moving forward to the next step:

  • Meadowland Chamber of Commerce – They are introducing us to over 1,200 local NJ businesses
  • Large Video Conferencing Corporation – Working with one of the world's largest video conferencing vendors to sell our Defender to their existing client-base via their reseller channel
  • Global Communications Company – Interested in embedding our technology as part of their offering

The above deals and opportunities are just a sample of the things we are currently working on, as you can see, we are in the right place, at the right time, with the right products.

“We have spent a lot of time analyzing the above deals and understanding timeframes, that’s why we feel confident in our projection of between $2m - $4m over the next twelve months,” says Kay.

To learn more about Zerify’s secure video conferencing solutions, go to: https://www.zerify.com/

About Zerify
Zerify Inc. (OTC Pink Sheets: ZRFY), formerly StrikeForce Technologies, is an Edison, New Jersey-based company with over two decades of experience in cybersecurity solutions. The company helps to prevent cyber theft and data security breaches for consumers, corporations and government agencies through powerful multi-factor “out-of-band” authentication and keystroke encryption along with mobile solutions. Zerify offers a video conferencing solution that uses no desktop and is entirely web-based, offering a five-level meeting security control approach designed to protect valuable information. Features include keystroke protection, anti-screen capture, and push and biometric authentication to keep businesses secure. The technology also protects cameras, microphones and speakers, keeping computers and confidential data secure even when one is offline and not on a video conference. No other video conferencing service on the market, such as Zoom, Webex, LogMeIn, MS Teams or BlueJeans, offers these protections. 

Media Contact
Jackie Solis 
jackie@bospar.com


FAQ

What recent performance milestone did Zerify Inc. achieve in January 2023?

Zerify Inc. reported its strongest January ever, reflecting significant growth in demand for its cybersecurity solutions.

Who has been appointed as the new Channel Manager at Zerify Inc.?

Ron Falbo has been appointed as the new Channel Manager, tasked with building the company's distributor and reseller channels.

What are Zerify's revenue projections for the next twelve months?

Zerify projects revenues between $2 million and $4 million over the next twelve months.

How have customer pilots performed for Zerify in early 2023?

Zerify's new customer pilots have eclipsed projections, attracting large organizations.

What new features will be added to Zerify's website?

Zerify's website will introduce a new commerce solution offering more payment options and a trial feature for users.

ZERIFY INC

OTC:ZRFY

ZRFY Rankings

ZRFY Latest News

ZRFY Stock Data

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