Zerify Inc. Secures Multi-Million Dollar Licensing Agreement with Prominent Industry Leader
EDISON, N.J., July 20, 2023 (GLOBE NEWSWIRE) — Zerify Inc., a 22-year-old cybersecurity company specializing in Secure Video Conferencing & Endpoint Security, has reached a significant milestone in its journey. The company is pleased to announce the signing of a multi-year, multi-million dollar licensing agreement with a prominent industry leader. This partnership highlights the increasing demand for secure video conferencing in today’s interconnected world and is set to have a far-reaching impact on Zerify.
The Deal in Detail: An Exciting Prospect
The recently signed agreement outlines that Zerify will receive a minimum of $600,000 to $900,000 per year for the next five years, with a total amount ranging from $3,000,000 to $4,500,000. However, given the partner’s industry dominance, Zerify anticipates even higher revenues from this collaboration. Furthermore, the partner’s plans to launch in the US, Europe, and Asia opens up exciting growth prospects for both parties.
A Year of Hard Work Pays Off
This groundbreaking deal didn’t happen overnight. Zerify’s team has been diligently working on this agreement for over a year. The timing couldn’t be more perfect, considering the alarming rise in global cybersecurity threats. Over the past 12 months, there have been over 4-Trillion Cyber Intrusion Attempts, 10-Billion Malware Attacks, 187-Million Ransomware Attacks, and 34-Million Internet of Things (IoT) Attacks, creating an urgent need for enhanced cybersecurity measures.
Validating Success: Zerify’s Recent Accomplishments
The licensing agreement is not just a testament to Zerify’s secure video conferencing & endpoint security technologies; it also validates the company’s achievements in various other areas:
- Forrester adds Zerify Meet to their list of TOP 25 Secure Communication Platforms.
- ProofLabs confirms Zerify surpasses NIST 800-171 (3.13.12) requirements.
- Aite-Novarica names Zerify Meet as the Industry’s Most Secure Video Conference Platform.
- Zerify gains recognition in Aite-Novarica’s “Risk Insights & Advisory Fintech Spotlight” Report.
- 323link adopts Zerify Defender to protect their AV Conference Room solutions.
- Zerify partners with TDSYNNEX to distribute Defender.
Embracing the Future: A Bright Path Ahead
With all these achievements aligning in their favor, Zerify is excited about the future. The company eagerly awaits the launch of its partnership with the industry leader and the opportunities it will bring. As the countdown begins, Zerify is poised to shine brightly in the cybersecurity landscape.
A Revolution in Cybersecurity: The Big Reveal
The identity of Zerify’s esteemed partner remains a well-guarded secret until their anticipated launch in approximately 90 days. The cybersecurity industry is on the edge of its seat, eagerly awaiting this groundbreaking collaboration that promises to set new standards for secure communication and endpoint protection.
A Journey to Success: Zerify’s Inspiring Story
Zerify Inc. has come a long way since its inception 22 years ago. This multi-million dollar licensing agreement represents a major achievement in their journey. The company’s commitment to providing secure video conferencing and endpoint security technologies has not only attracted a prominent industry leader but also gained recognition from reputable organizations.
Stay Tuned for Updates
As Zerify prepares for the much-anticipated launch, stay tuned for more updates and information about this game-changing partnership. This exciting collaboration signifies a new era in cybersecurity, and Zerify remains steadfast in its mission to address the growing challenges faced by businesses and individuals in the digital world. The future is bright, and Zerify is ready to make its mark!
