Market Overview

Authentify Opens Japanese Subsidiary

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TOKYO, Japan and CHICAGO, Illinois, USA, Nov. 5, 2012 (GLOBE NEWSWIRE) -- Authentify, Inc., the leading supplier of phone-based  global out-of-band authentication services, announced the opening of a subsidiary in Japan, Authentify KK.  Mr. Shigeru Shimoda was named president and managing director.

Authentify provides end-user authentication and transaction verification services for the online divisions of financial services firms and e-commerce properties.

"We are quite familiar with the Japanese market, as many of our existing global customers have a strong presence there," said Peter Tapling, president and CEO of Authentify KK's Chicago-based parent company, Authentify, Inc.  "As we continue to expand internationally, a physical presence in the world's financial centers helps us deliver the high level of service our customers expect.  We recognize the importance of having a strong local presence for doing business with Japanese companies."

"I have followed Authentify and this market for several years.  Authentify is a very reputable company with a very high quality service," said Shigeru Shimoda, president and managing director of Authentify, KK.  "This is an excellent time for Authentify to create a presence in the Japanese market.  I am excited at the opportunity to bring this excellent technology to Japanese companies."

The new subsidiary is located at:

Authentify, KK

S103 Ark Hills

1-14-5 Akasaka

Minato-ku

Tokyo 107-0052

Japan

Phone:080-3099-9095

Phone:080-3099-9095

About Authentify, Inc.

Authentify, Inc. is a leading global provider of telephone-based Out-of-Band (OOB) authentication services. With a client list that includes five of the world's top ten banks, three of the five largest ecommerce websites and two of the top four insurance companies in North America, Authentify has the most experience and expertise in deploying OOB solutions in the industry. These multi-factor authentication (MFA) services enable organizations that need strong security to quickly and cost-effectively add two-factor or multi-factor authentication layers to user logons, transaction verifications or critical changes such as adding an ACH payee, resetting passwords or changing contact information. The company's patented technology employs a service-oriented message architecture and XML API to seamlessly integrate into existing security processes. Authentify markets primarily to financial services firms that need to protect their clients' online accounts, corporate security professionals managing access control, and emerchants who want to limit fraud on their sites.

For more information, visit Authentify at: www.authentify.com.

CONTACT: Deb Montner, Montner & Associates Tech PR 203-226-9290 dmontner@montner.com
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