EDISON, N.J., Nov. 22, 2022 (GLOBE NEWSWIRE) — Zerify, Inc. (ZRFY) (“Zerify” or “we”) celebrates a 21-year history focused on secure video conferencing solutions. StrikeForce Technologies, a leading cybersecurity company and formerly known as StrikeForce Technologies, today announced the company’s latest update on its activities in response to the filing of its third quarter financial results for the quarter ending September 30, 2022. provide information. The Company’s Form 10-Q is available on US Securities and the Securities and Exchange Commission (SEC) website, www.sec.gov.
Zerify Chairman and CEO Mark Kay commented:
“Revenue in Q3 2022 decreased slightly to $22,000 compared to revenue of $24,000 in Q2 2022. is positive and expects end-customer orders and revenue to accelerate in 2023. Expected in 2023, optimistic that it will lead to expansion of the reseller channel program in the coming months. The goal of the relationship with VationVentures was to provide 3-5 strategic partners and 15-25 VARs (value-added resellers), and the relationship with PushForce will be the first in 2023. We plan to accelerate in the quarter and hope to strengthen our relationships with our top clients over time.
“A major driver of our anticipated demand is the recognition by IT professionals that cyber threats and foreign attacks targeting video conferencing applications raise legitimate concerns about protecting privacy and sensitive data. Our Meet, Defender, and API-specific product solutions are the only zero-trust architecture products on the market to provide a secure solution for video conferencing.Meet is a secure standalone video conferencing platform. Yes, Defender protects all competing video conferencing platforms like Zoom and Teams and protects cameras, microphones and keyboards, while API builds secure video conferencing into existing applications like CRM and ERP. Our products have earned industry benefits from the likes of Forrester due to their robustness, and we reiterate that there is nothing like ours on the market.
“We have stepped up our marketing and sales efforts to raise awareness of our unique video conferencing solution, as we believe there is currently only one suitable solution to these video conferencing threats on the market. Raising awareness of the products we offer is necessary and important.As part of these initiatives, we have also attended several recent investment conferences, including two Emerging Growth Conferences and Dawson James. I attended two Small Cap Growth Conferences, and I encourage interested investors to listen to the archived replays of my presentations at each of these conferences, as well as the Reg A round of funding. We are also awaiting FINRA approval to commence, and interested investors who believe in our strategy, products, management team and ability to execute are encouraged to participate and obtain the necessary capital. Please help us execute our strategy.
“In summary, we are encouraged on our strategic path and company outlook, especially as we expect 2023 to be a year of growth, especially revenue growth. We are definitely seizing this opportunity to provide a much needed and more secure way to communicate.
“Finally, I look forward to speaking with our shareholders at our virtual Annual General Meeting on January 20, 2023,” Kay concludes.
Zerify (formerly StrikeForce Technologies) focuses on secure video conferencing solutions, helping consumers, businesses and government agencies prevent cyber theft and data security breaches. It provides strong two-factor “out-of-band” authentication and keystroke encryption along with mobile solutions. Zerify is headquartered in Edison, New Jersey, by phone at (732) 661-9641 or toll-free at (866) 787-4542.
Safe Harbor Statement:
The matters discussed in this press release contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The words “intend,” “expect,” and similar expressions identify such forward-looking statements. Actual results, performance or achievements may differ materially from those intended, expressed or implied by the forward-looking statements contained herein. These forward-looking statements are based primarily on our expectations and are subject to a number of risks and uncertainties. These include, but are not limited to, risks and uncertainties related to: sales of Company’s identity protection software products to various channels and market sectors; Company’s pending patent applications; the issuance of , COVID-19, the economic impact, competitive and other factors affecting the performance of the Company and its businesses, markets, products and distributors, the national and local economic impact of terrorist acts, and the subsequent United States action. Other factors detailed in reports filed by the company.