! Follow the DSS partnership news. You can make th
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Posted On: 03/19/2019 12:52:35 PM
! Follow the DSS partnership news. You can make the connection or not but IMO this news item today below follows up on the exclusive distributor agreement to Asia from the March 5, 2019 DSS press release.
Here's the connection
1) Strikeforce Technologies (SFOR) created and licenses software to Advanced Cyber Security
2) Advanced Cyber Security products are being distributed by DSS (see March 5 press release by DSS)
Now todays' news direct from the inventor of the software:
EDISON, N.J., March 19, 2019 (GLOBE NEWSWIRE) -- StrikeForce Technologies, Inc. (OTCQB: SFOR) announces that one of its distributors has closed several major deals for its keystroke encryption throughout Asia.
“We’re very excited about these deals,” says Mark L. Kay, CEO of StrikeForce, “they will bring substantial growth & revenues into the company”. During the first phase of this project StrikeForce will translate and localize our desktop and mobile keystroke encryption app for distribution throughout China. StrikeForce is receiving $350,000 in revenues to be received and development fees over five months. Once the localization is finished StrikeForce will be receiving fees on a per-user per-month basis. “Given that the first two customers have almost 20 million users, this has the potential to grow really big and really fast over time,” says Kay.
“In addition to these deals, our distributor has deep ties into the Asian and Australia markets as well as in the U.S., reaching nearly 2 billion people, including China, Singapore and Hong Kong, which houses over 1.4 billion people alone and spends almost 25% more on cyber security than the global average,” says Kay. According to the research group Gartner, “highly publicized data breaches such as Sing Health, which compromised the personal health records of nearly a quarter of the population in Singapore, reinforces the need to view sensitive data and IT systems as critical infrastructure.” In a recent 2019 cyber report published by The Herjavec Group, researchers predict global spending on cyber security products to exceed $1 trillion cumulatively over the five-year period from 2017 to 2021.
read more below
http://www.globenewswire.com/news-release/201...-Asia.html
Here's the connection
1) Strikeforce Technologies (SFOR) created and licenses software to Advanced Cyber Security
2) Advanced Cyber Security products are being distributed by DSS (see March 5 press release by DSS)
Now todays' news direct from the inventor of the software:
EDISON, N.J., March 19, 2019 (GLOBE NEWSWIRE) -- StrikeForce Technologies, Inc. (OTCQB: SFOR) announces that one of its distributors has closed several major deals for its keystroke encryption throughout Asia.
“We’re very excited about these deals,” says Mark L. Kay, CEO of StrikeForce, “they will bring substantial growth & revenues into the company”. During the first phase of this project StrikeForce will translate and localize our desktop and mobile keystroke encryption app for distribution throughout China. StrikeForce is receiving $350,000 in revenues to be received and development fees over five months. Once the localization is finished StrikeForce will be receiving fees on a per-user per-month basis. “Given that the first two customers have almost 20 million users, this has the potential to grow really big and really fast over time,” says Kay.
“In addition to these deals, our distributor has deep ties into the Asian and Australia markets as well as in the U.S., reaching nearly 2 billion people, including China, Singapore and Hong Kong, which houses over 1.4 billion people alone and spends almost 25% more on cyber security than the global average,” says Kay. According to the research group Gartner, “highly publicized data breaches such as Sing Health, which compromised the personal health records of nearly a quarter of the population in Singapore, reinforces the need to view sensitive data and IT systems as critical infrastructure.” In a recent 2019 cyber report published by The Herjavec Group, researchers predict global spending on cyber security products to exceed $1 trillion cumulatively over the five-year period from 2017 to 2021.
read more below
http://www.globenewswire.com/news-release/201...-Asia.html
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