Information Security — StrikeForce Update

by Kris_Tuttle on June 5, 2012

Today we pub­lished an update on Strike­Force Tech­nolo­gies out­lin­ing what has been con­sis­tent progress over the last sev­eral months dur­ing a time when secu­rity breaches remain rou­tine despite ele­vated spend­ing lev­els on improved tech­nolo­gies and services.

In sum­mary the com­pany has improved their direct sales while devel­op­ing a net­work of chan­nel part­ners, dis­trib­u­tors and resellers that are help­ing to grow sales of which is recur­ring (70%+).

We acknowl­edge that the com­pany needs to restruc­ture the bal­ance sheet and build a sta­ble long-term share­holder base. In the mean­time though man­age­ment con­tin­ues to build value in the com­pany that we expect will be rec­og­nized over time, pos­si­bly by strate­gic part­ners if not investors.

Please refer to the report for more: Strike­Force Update June 5, 2012

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