World News: 12:18 GMT Monday 20th March 2017. [StrikeForce Technologies, Inc. via Globe Newswire via SPi World News]
EDISON, N.J., March 20, 2017 (GLOBE NEWSWIRE) -- (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 with 11 offices located in the United States, Asia and Europe. The firm has more than 1,200 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 prestigious “A-List” of top 20 firms for six consecutive years.
StrikeForce Investor Relations Contact:
Mark L. Kay
Globe Newswire: 12:18 GMT Monday 20th March 2017
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