Strikeforce Technologies Inc (OTCMKTS:SFOR) is projecting robust growth for the third quarter having posted a moderate increase in revenue in the second quarter and the first half of the year. The company expects newly boxed and mobile products (GuardedID® PC and MAC, MobleTrust® iPhone and Androids) to lead to an impressive year thanks to a growth in demand both online and in stores.
Financial Results
Sales for the first six months of the year came in at $209,599 representing a 66.8% increase from last year’s levels of $144,737. StrikeForce has attributed the increase to exponential increase in sales for GuardedID® keystroke encryption and MobileTrust® sales.
Chief executive officer, Mark Kay, has reiterated his belief and confidence in the company’s recurring gross revenue opportunities that he believes are solid more than ever. Given the strong interest in newly launched products, the executive remains confident of an impressive year on the earnings front.
Meanwhile, StrikeForce has rolled out what it calls the world’s most comprehensive mobile security app for people using Android or iOS devices. MobileTrust® is the new app that strives to eliminate the risk of people being hacked by keyloggers especially on installing apps from untrusted sources.
Cyberbullying App
According to statistics, 97% of the top paid apps on Google Play and 87% on Apple’s App Store have already been hacked leaving many users vulnerable to losing crucial data. MobileTrust mobile app now bills itself as the first app that will shield to users from potential attacks.
The app comes with a patented keystroke-encrypted keyboard that protects users from mobile keyloggers. It also comes with a secure browser designed to offer greater internet security. The app also incorporates a password vault that safely stores passwords using what Strikeforce Technologies Inc (OTCMKTS:SFOR) dubs military. A password generator able to generate strong passwords from four to 99 characters is also on offer.
With the app, StrikeForce is hoping to take advantage of the increased usage of mobile devices as it moves to make a name for itself on cyber security.
HERITAGE PRINTING NPV (OTCMKTS:HAGE) Growth Prospects Affirmed
HERITAGE PRINTING NPV (OTCMKTS:HAGE) is betting big on the rapid growth in 3D printing to fuel growth going forward. With the industry expected to grow to $35 billion by 2020, the company believes it is well positioned to benefit from the expected growth.
The company has already started developing, producing and commercializing 3D printers as demand continues to clock new highs by the day. Research firm IDC estimates that the 3D printing industry is set to grow by 24% annually heading into 2020, presenting unique opportunities for growth that Heritage Printing plans to take advantage of.
Having spent years offering IT consulting and outsourcing solutions HERITAGE PRINTING NPV (OTCMKTS:HAGE) on pursuing growth in 3D printing. It hopes to achieve the same by building new connections in the industry as well as counting on current networks to achieve growth.