StrikeForce Technologies (OTC:SFOR), a company that specializes in the prevention of Identity Theft & Data Breaches, announced on Monday the signing of an Agreement with Sovran Resources Group, LLC, an Alexandria, Virginia-based consulting firm that renders specialized corporate services such as business development, channel management, and sales to Federal, State and local governments. As I write, shares of StrikeForce were flat at $0.07 per share on heavy volume of 5.7 million shares compared to its average daily volume of 1.3 million shares. StrikeForce has a market cap of $4.1 million and a 52-week range between $0.01 and $0.14 per share."Sovran's management and consultants have developed solid relationships in the Federal and other government levels, specifically in the areas of national security, information systems and telecommunications, as well as the private sector including various well known government integrators for over 30 years," says John Royall, Sovran Chairman & CEO. "We are proud to represent StrikeForce, primarily in the government sector, and excited about the technology solutions StrikeForce can contribute to our National Security through their security products, GuardedID's keystroke encryption and ProtectID's patented 2-factor and Out-of-Band Authentication," says Royall. Sovran has tasked five seasoned business development professionals to immediately implement a strategy for government marketing, sales and a channel program for StrikeForce's offerings.
"We are very excited about our agreement with Sovran and look forward to their assistance in identifying and introducing StrikeForce to their vast list of potential customers, channel and strategic partners. Sovran has already developed and commenced the execution of the strategic plan for StrikeForce, as the Company enters into the government markets. We couldn't have chosen a stronger partner to represent StrikeForce and our proprietary products that specialize in preventing data breaches and stolen identities unlike any other products," says Mark L. Kay, CEO of StrikeForce. "We are looking for a financially successful and long term partnership with the Sovran Resources Group in 2011 and beyond," says Kay.
Sovran Resources Group, LLC is a government business development, channel management, program management and executive recruiting firm headquartered in Old Town, Alexandria, VA, in the suburban Washington, DC metropolitan area. Sovran specializes in working with the telecommunications, security, information and logistics technology industries.
StrikeForce Technologies helps to prevent identity theft online. Its products help protect consumers and their families while banking and shopping online, and businesses in "real time" against data loss and breaches.
For more information visit the company’s Web site: www.strikeforcetech.com.
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