Mark L. Kay, Chairman and CEO of StrikeForce Technologies, Inc. (SFOR), Interviews with The Wall Street Transcript

Wall Street Transcript

>67 WALL STREET, New York - November 11, 2013 - The Wall Street Transcript has just published its Business and Application Software Report offering a timely review of the sector to serious investors and industry executives. This special feature contains expert industry commentary through in-depth interviews with public company CEOs and Equity Analysts. The full issue is available by calling (212) 952-7433 or via The Wall Street Transcript Online.

Topics covered: Cloud Computing Secular Trends - International Enterprise and Consumer Demand - Application Software Consolidation Activity - Cloud Computing and SaaS Trends - Health Care Transition to ICD-10

Companies include: StrikeForce Technologies, Inc. (SFOR) and many more.

In the following excerpt from the Business and Application Software Report, the Chairman and CEO of StrikeForce Technologies, Inc. (SFOR) discusses company strategy and the outlook for this vital industry:

TWST: Last month you announced your GuardedID Mobile product. Tell us a bit about that product and how you expect it to contribute to your growth.

Mr. Kay: We're very excited. We talked a lot about the ProtectID two-factor out-of-band authentication product, which now has two patents, by the way, and we've also talked a lot in the past about our GuardedID keystroke encryption product, which actually now has a patent pending. But from those products we developed a mobile product called MobileTrust, and that product is going to be out there in 2014 in the Apple and Google mobile stores. It's being beta tested now, fully developed. It really takes the best of both products' - ProtectID and GuardedID - features and puts them into a mobile capability that runs on iPhones, iPads, and all Android devices and off the same code base, which makes it also work on any other mobile device with some additional tweaking for each operating system in the future.

MobileTrust provides a one-time password capability that can be used and is also compliant with the ProtectID system or any other authentication system accepting OATH compliance one-time passwords. MobileTrust also offers keystroke encryption as part of it with its own secured browser and secured keyboard. We then went a step further, and we carved out the one-time password capability, and that is now actually provided with the ProtectID system at no additional cost. If you buy ProtectID authentication, you then get the app that works with all iPhone, iPad, Android devices and other devices in the future as part of the system capability if that's desirable along with all the other out-of-band methods we provide with the same ProtectID system.

We also recently announced the keystroke encryption software development tool, SDK. So it's this portion of the code we pulled out of MobileTrust, which remains as a feature of MobileTrust, but now is also a separate software development tool, GuardedID Mobile, that any bank, health care provider, enterprise or government agency could ...

For more of this interview and many others visit the Wall Street Transcript - a unique service for investors and industry researchers - providing fresh commentary and insight through verbatim interviews with CEOs, portfolio managers and research analysts. This special issue is available by calling (212) 952-7433 or via The Wall Street Transcript Online.

 

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