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StrikeForce Adds Logical Source, Inc. as a New Distributor of Its Products
|By Marketwired .
|July 16, 2014 08:38 AM EDT
EDISON, NJ -- (Marketwired) -- 07/16/14 -- StrikeForce Technologies, Inc. (OTCQB: SFOR), a company that specializes in cyber-security solutions for the prevention of identity theft and data breaches, announced today that Logical Source, Inc. has signed on to distribute its products.
"We are very pleased that Logical Source has signed on to distribute our products," says Mark L. Kay, CEO of StrikeForce. "Logical Source is a leading provider of health information services to small to mid-size businesses, public and private institutions, and Fortune 500 corporations for over 20 years. Logical Source also benefits from its partnerships with leading professional associations that set the standards for the industry, such as the American Health Information Management Association (AHIMA), the American Records Management Association (ARMA), and the Association for Information and Image Management (AIIM)."
"Health care organizations are besieged by cyber-attacks," says Jon Demarest, CEO of Logical Source. "In light of all the new HIPAA regulations, I believe that our healthcare clients will want to protect patient information by deploying StrikeForce's GuardedID® and MobileTrust® keystroke encryption applications."
"It's apparent that these data breaches are occurring because of the over-reliance on anti-virus programs, which no longer protect anyone," says Demarest. "Already, a few of our hospital clients are looking to deploy GuardedID for critically-needed security to help prevent data breaches. Some of our clients in other markets are also interested in StrikeForce's ProtectID® Out-of-Band Authentication to prevent hacking, and MobileTrust and GuardedID Mobile SDK products to prevent data leakage."
Logical Source will offer StrikeForce products and services to their healthcare clients in order to help prevent medical identity and records fraud. For example, "A typical medical record will sell for about $50 per record. Compare that to a Social Security number, which sells for about $25....one third of medical identity fraud victims had to pay for a procedure they never had. The average cost for this group of people was $18,000." ("Hackers Are Profiting from Your Medical Records," www.nbccnnecticut.com, May 6, 2014).
About StrikeForce Technologies, Inc.:
StrikeForce Technologies, Inc. specializes in cyber-security solutions for the prevention of cyber-theft and data breaches. Its products help protect consumers and their families while banking and shopping online, and help businesses prevent data loss and breaches in real time. StrikeForce Technologies (OTCQB: 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.
About Logical Source Inc:
Logical Source, Inc. is a leading provider of document management, medical Release of Information (ROI), and electronic medical record (EMR) services in the New York metropolitan area. A privately owned and operated business, Logical Source has provided information management solutions to small to mid-size businesses, public and private institutions, and Fortune 500 corporations for over 20 years. Logical Source benefits from its partnerships with leading professional associations that set the standards for the industry, such as the American Health Information Management Association (AHIMA), the American Records Management Association (ARMA) and the Association for Information and Image Management (AIIM). Logical Source is headquartered in Fairfield, N.J., and can be reached at www.lsiny.com or by phone at 866-574-7226.
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.
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