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Zerify Signs Multi-Million Dollar Licensing Agreement For its Secure Video Conferencing Service
Zerify Signs Multi-Million Dollar Licensing Agreement For its Secure Video Conferencing Service.
About this update from Zerify Inc.
[{"type":"text","content":"\n EDISON, N.J., July 20, 2023 (GLOBE NEWSWIRE) -- Zerify Inc., (OTC PINK: ZRFY), the 22-year-old cybersecurity company focused on Secure Video Conferencing & Endpoint Security is pleased to announce the signing of a multi-year multi-million dollar licensing agreement with a prominent industry leader. “This is a major milestone for Zerify and its shareholders,” says Mark L. CEO, “as it demonstrates the need for secure video conferencing in today’s connected world. While we cannot disclose the identity of our esteemed partner until they launch in approximately 90 days, as it states in the contract, we can assure all Zerify stakeholders that this deal will have a far-reaching impact on Zerify.” “The agreement stipulates that Zerify will receive a minimum of $600,000 – $900,000 per year for the next five years, for a total amount of $3,000,000 - $4,500,000,” says Kay, “however, based on our partners industry dominance, revenues should be much higher than that. Additionally, while they will launch in the US to start, they are already making plans to launch throughout Europe and Asia.” “We have been working on this deal for over a year now, and it couldn’t have come at a better time for us” says Kay, “in the last 12 months there has been over 4-Trillion Cyber Intrusion Attempts, 10-Billion Malware Attacks, 187-Million Ransomware attacks & 34-Million Internet of Things (IoT) attacks, and now we have to worry about AI (artificial intelligence) crafted attacks.” Not only does this contract validate the need for our secure video conferencing & endpoint security technologies, it validates all of our other recent accomplishments (below): Forrester adds Zerify Meet to their list of TOP 25 Secure Communication PlatformsProofLabs confirms we surpass NIST 800-171 (3.13.12) requirementsAite-Novarica names Zerify Meet as the Industry’s Most Secure Video Conference PlatformAite-Novarica highlights us in their “Risk Insights & Advisory Fintech Spotlight” Report323link adds Zerify Defender to protect their AV Conference Room solutionsTDSYNNEX signs partnership with Zerify to distribute Defender “As you can see from the above, the stars have been lining up in our favor, and its finally time for us to shine. We look forwar...