EDISON, N.J., March 20, 2017 (GLOBE NEWSWIRE) — StrikeForce Technologies, Inc. (OTC PINK:SFOR) announced today that it has filed patent infringement lawsuits in U.S. District Courts this week against Gemalto, Inc.; Vasco Data Security; Entrust Datacard; and SecureAuth Corporation. The lawsuits against Gemalto and Vasco were filed in the District of Massachusetts and the cases against Entrust and Vasco were filed in the Eastern District of Virginia. These new lawsuits claim infringement of one or more of StrikeForce’s United States Patent Nos. 7,870,599; 8,484,698; and 8,713,701. These suits are in addition to the three cases filed in June 2016 involving StrikeForce’s ’698 patent that are currently pending in the District of New Jersey against Duo Security, Centrify Corporation and Trustwave Holdings, Inc.
“We can sit by and watch competitors use our patented inventions without permission, or we can do something about it. We’ve decided to do something about it,” said Mark L. Kay, StrikeForce CEO. “We think competition is healthy, but competitors should create their own original technology, not use what we developed.”
“There has been an increasingly sharp rise in cyber-attacks recently with many international corporations being hacked. This increase in cyber-attacks and the strengthening of regulations, such as the FFIEC in the financial market and HIPAA HiTech and Electronic Protected Healthcare Information (ePHI) in the healthcare market, are prompting an exponential increase in the use of ‘Out-of-Band’ Authentication,” stated Mr. Kay. “In light of our having been granted the ’599, ’698 & ’701 Patents, and with increased activity in various markets by enterprises, government agencies and social media, StrikeForce will aggressively continue to protect its intellectual property rights and maximize shareholder value.”
StrikeForce has retained Ropes & Gray LLP to litigate these cases. Ropes & Gray LLP is a global law firm with 11 offices located in the United States, Asia and Europe. The firm has more than 1,200 lawyers and professionals worldwide, and its clients include corporations and financial institutions, government agencies, universities, and health care organizations. The firm, founded in 1865, is recognized as a leader for intellectual property law and has been named to The American Lawyer’s prestigious “A-List” of top 20 firms for six consecutive years.
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 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 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.
CONTACT: Contact Info: StrikeForce Investor Relations Contact: Mark L. Kay (732) 661-9641 [email protected]