Biokey International Inc (BKYI)

[topseeded]

Some people are never satisfied. For over 10 years I've heard say: "Show me the money! Show me the money"! Never mind the contracts, "Show me the money"!

Record revenues of $2.4 million for Q2. Over double the usual!

Y/E guidance of over $6 million, maybe $7 million.

BIO-key is still talking to WWTT and IDEX. Remember it was WWTT that revealed the negotiations with BIO-key that made it necessary for BIO-key to also make it public.

Also remember that $2 million came from one contract and there might be another $2 million by the end of the year. This was mentioned in the conference call.

There has been no news update about the banking contract but here is part of the news when it was announced in March:

"This forward-thinking financial institution was one of the first in the world to leverage fingerprint biometrics to secure their clients' identities against theft and fraud," said Jim Sullivan, BIO-key VP of Strategy and Business Development. "They were able to demonstrate to their clients the advantages of using fingerprint data -- nothing more than a measurement of unique traits that an imposter will not match -- to increase their clients' security and offer paperless transactions. When the time came to upgrade their legacy fingerprint engine, we were pleased that their extensive experience with fingerprint technology led them to the conclusion that BIO-key was the right choice for them to count on."