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CCDDAY, Mickey D. has done quite well operating this company “in the edge”, so I don’t see any reason to think anything will change as far as compliance.
Do you believe the SEC is looking into them in any serious way at this point?
Imo, Mickey D, will retire soon, and hire a “hatchet man” to replace him as CEO in order to placate the SEC, and shut down or sell the company.
And just maybe if it ever heads North Hodlers will get some 2 for one splits
Only good news BKYI only has 7.5m
out/shrs
Is it just me or did good news actually move stocks once upon a time?
BIO-key Selected as SC Media Trust Award Finalist for Best Authentication Technology
Annual awards honor the best in U.S. cybersecurity, confirming BIO-key as a leader in the identity and access management space
WALL, N.J., March 29, 2021 (GLOBE NEWSWIRE) -- BIO-key International, Inc. (NASDAQ: BKYI), an innovative provider of identity and access management (IAM) solutions powered by biometrics, today announced its PortalGuard IDaaS has been recognized as one of five finalists for 2021 SC Media's Trust Award in the Best Authentication Technology category. The Trust Award finalists were selected by a panel of expert judges who assessed products delivering enhanced security for end-users or devices by managing credentials for access to an authenticator or authentication server.
PortalGuard streamlines secure connections between people and the cloud applications they use to get things done. PortalGuard IDaaS is a comprehensive SaaS-based IAM platform that delivers seamless multi-directory integration, federated IDP for single sign-on, adaptive multi-factor authentication (MFA), plus self-service password reset for enterprise workforces, supply chain partners and customers. PortalGuard supports over 15 authentication methods that let customers consolidate multiple authentication solutions and secure access for users connecting from anywhere using any device. One of those factors is BIO-key biometrics, which strongly authenticates roving users without phones or hardware tokens for industries like retail, call centers, manufacturing, and healthcare, or where unauthorized account sharing and social engineering remains undeterred by mainstream MFA.
For over 20 years, PortalGuard has been trusted by customers across multiple industries, including education, healthcare, manufacturing, finance, and government. PortalGuard IDaaS has experienced rapid growth from new and existing customers looking to improve their security posture and migrate their IAM strategy to the cloud.
"We are delighted to be recognized by SC Media for PortalGuard’s unique differentiators,” said Michael DePasqaule, BIO-key Chairman and CEO. “The steady stream of breaches reported in the press demonstrates that one-size-fits-all authentication approaches are failing to protect even well-prepared enterprises. Our mission at BIO-key is to provide cost-effective products delivering identity security and a superior user experience for every authentication scenario. PortalGuard IDaaS offers more authentication methods, more single sign-on protocols, and more directory integrations than any other solution on the market."
"While the world will remember 2020 as the year of the pandemic and working from home, other threats did not diminish. In fact, phishing and ransomware experienced a banner year. BIO-key's PortalGuard IDaaS and the other finalists for Trust Awards provided to companies the tools and services needed to respond to the unrelenting threat landscape, even as security teams scrambled to adapt internal security policies,” said Jill Aitoro, editor in chief of SC Media and editorial director at CyberRisk Alliance.
Now in its 24th year, SC Awards is recognized as the industry gold standard of accomplishment for cybersecurity organizations, products and people. With the awards, SC Media recognizes the achievements of cybersecurity professionals in the field, the innovations happening in the vendor and service provider communities, and the vigilant work of government, commercial and nonprofit entities. Vendors and service providers who offer a product and/or service for the commercial, government, educational, nonprofit or other industries are eligible for the SC Awards’ Trust Award category. Winners will be announced by SC Media on May 3, 2021. To learn more about BIO-key and the PortalGuard IDaaS platform, please visit BIO-key’s website.
About SC Media
SC Media is the essential resource for cybersecurity professionals, keeping them up to date on vital developments and focusing on their most important concerns. Whether practitioners or leaders, technologists or executives, people who care about cybersecurity turn to SC Media, every day and throughout the day, to stay informed and gain insight into the complex issues that matter in their strategic and technology decision-making. As CyberRisk Alliance’s gateway resource, SC Media taps into an authoritative community of thinkers and innovators to provide a full range of relevant and useful content, including exclusive market research and data, opinion and perspective, independent product reviews, compelling in-person and virtual learning, and much more.
About CyberRisk Alliance
CyberRisk Alliance (CRA) was formed to help cybersecurity professionals face the challenges that threaten the success and prosperity of their organizations. We provide business intelligence and information services to help our growing community build effective strategies and make smart decisions, and innovative marketing solutions to galvanize an efficient marketplace. Most of all, we work to engage the entire cyber community and lift the success of all industry professionals.
About BIO-key International, Inc.
BIO-key has over two decades of expertise in providing authentication technology for thousands of organizations and millions of users and is revolutionizing authentication with biometric-centric, multi-factor identity and access management (IAM) solutions. Its PortalGuard IAM solution, that provides convenient and secure access to devices, information, applications, and high-value transactions. BIO-key's patented software and hardware solutions, with industry-leading biometric capabilities, enable large-scale on-premise and Identity-as-a-Service (IDaaS) solutions as well as customized enterprise and cloud solutions.
BIO-key Safe Harbor Statement
All statements contained in this press release other than statements of historical facts are "forward-looking statements" as defined in the Private Securities Litigation Reform Act of 1995 (the "Act"). The words "estimate," "project," "intends," "expects," "anticipates," "believes," and similar expressions are intended to identify forward-looking statements. Such forward-looking statements are made based on management's beliefs, as well as assumptions made by, and information currently available to, management pursuant to the "safe harbor" provisions of the Act. These statements are not guarantees of future performance or events and are subject to risks and uncertainties that may cause actual results to differ materially from those included within or implied by such forward-looking statements. These risks and uncertainties include, without limitation, our history of losses and limited revenue; our ability to raise additional capital; our ability to protect our intellectual property; changes in business conditions; changes in our sales strategy and product development plans; changes in the marketplace; continued services of our executive management team; security breaches; competition in the biometric technology industry; market acceptance of biometric products generally and our products under development; our ability to execute and deliver on contracts in Africa; our ability to expand into Asia, Africa and other foreign markets; the duration and severity of the current coronavirus COVID-19 pandemic and its effect on our business operations, sales cycles, 3 personnel, and the geographic markets in which we operate; delays in the development of products and statements of assumption underlying any of the foregoing as well as other factors set forth under the caption see "Risk Factors" in our Annual Report on Form 10-K for the year ended December 31, 2019 and other filings with the Securities and Exchange Commission. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date made. Except as required by law, the Company undertakes no obligation to disclose any revision to these forward-looking statements whether as a result of new information, future events, or otherwise. Additionally, there may be other factors of which the Company is not currently aware that may affect matters discussed in forward-looking statements and may also cause actual results to differ materially from those discussed. In particular, the consequences of the coronavirus outbreak to economic conditions and the industry in general and the financial position and operating results of our Company, in particular, have been material, are changing rapidly, and cannot be predicted.
Engage with BIO-key:
Facebook – Corporate: https://www.facebook.com/BIOkeyInternational/
LinkedIn – Corporate: https://www.linkedin.com/company/bio-key-international
Twitter – Corporate: @BIOkeyIntl
Twitter – Investors: @BIO_keyIR
StockTwits: BIO_keyIR
Media Contact:
Erin Knapp
Matter Communications
BIO-key@matternow.com
914-260-3158
Awards Information:
Wendy Loew, SVP, Events
Wendy.Loew@cyberriskalliance.com
Conference call in 1 hour.
Stock continues to circle the drain. What are they doing to increase shareholder value for the rest of the week?
CCDDAY, Nope, management has put out revenue estimates many times, and, many times, failed on actually receiving those revenues. It’s been a pattern here.
Would this be the first time Bio-Key put an actual revenue figure in one of their press releases?
Identity and Access Management Solution Provider BIO-key Begins Biometric Technology Deployments for Large-Scale ID Projects in Africa with Expected Q1 2021 Revenue of $500K
WALL, N.J. and LAGOS, Nigeria, March 23, 2021 (GLOBE NEWSWIRE) -- BIO-key International, Inc. (NASDAQ: BKYI), an innovative provider of identity and access management (IAM) solutions powered by biometrics, today confirmed that starting this month it began shipping biometric hardware and software in support of its large-scale civil ID, e-commerce and financial inclusion initiatives in Nigeria. Based on current product availability, the first shipment, which will be completed by the end of the month, is valued at approximately $500K.
The initial shipments reflect progress toward the normalization of business activity in Nigeria and the launch of its large-scale ID projects providing secure identity management solutions across the country. The project contracts were secured by BIO-key’s African subsidiary in March 2020 but their initiation has been delayed until now due to the global COVID-19 pandemic as well as earlier civil unrest and protests in Nigeria.
Michael W. DePasquale, BIO-key Chairman and CEO, stated, “We are very excited to initiate commercial hardware and software deployments in support of our initiatives in Nigeria. Last quarter we secured initial purchase orders and now payments to begin the first phase of technology deployments, principally fingerprint biometric scanners. We expect deliveries to increase each quarter and are working to firm up deployment plans and product delivery schedules for the remainder of 2021 and beyond.”
Akintunde Carlton Jeje, Managing Director, BIO-key - Africa commented, “We are excited to begin the supply of our technology required to commence operations of these African contracts. Though they impacted commencement of our projects, we fully support the decisive steps taken by the Nigerian Federal Government to protect its citizens from the impact of COVID-19. We also welcome their great support of programs to bring much-needed economic empowerment to the country’s youth. Opportunities for economic development and financial inclusion, to be created by e-commerce and fin-tech solutions supported by BIO-key’s hardware and software, could not be more welcome for the new world of possibilities we are helping to bring to people at this time.”
About BIO-key International, Inc. (www.bio-key.com)
BIO-key is revolutionizing authentication with biometric centric, multi-factor identity and access management (IAM) solutions, including its PortalGuard IAM solution, that provide convenient and secure access to devices, information, applications and high-value transactions. BIO-key’s proprietary software and hardware solutions, with industry leading biometric capabilities, enable large-scale on-premise and Identity-as-a-Service (IDaaS) solutions as well as customized enterprise and cloud solutions.
BIO-key Safe Harbor Statement
All statements contained in this press release other than statements of historical facts are "forward-looking statements" as defined in the Private Securities Litigation Reform Act of 1995 (the "Act"). The words "estimate," "project," "intends," "expects," "anticipates," "believes" and similar expressions are intended to identify forward-looking statements. Such forward-looking statements are made based on management's beliefs, as well as assumptions made by, and information currently available to, management pursuant to the "safe-harbor" provisions of the Act. These statements are not guarantees of future performance or events and are subject to risks and uncertainties that may cause actual results to differ materially from those included within or implied by such forward-looking statements. These risks and uncertainties include, without limitation, our history of losses and limited revenue; our ability to raise additional capital; our ability to protect our intellectual property; changes in business conditions; changes in our sales strategy and product development plans; changes in the marketplace; continued services of our executive management team; security breaches; competition in the biometric technology industry; market acceptance of biometric products generally and our products under development; our ability to execute and deliver on contracts in Africa; our ability to expand into Asia, Africa and other foreign markets; our ability to integrate the operations and personnel of PistolStar into our business; the duration and severity of the current coronavirus COVID-19 pandemic and its effect on our business operations, sales cycles, personnel, and the geographic markets in which we operate; delays in the development of products and statements of assumption underlying any of the foregoing as well as other factors set forth under the caption see "Risk Factors" in our Annual Report on Form 10-K for the year ended December 31, 2019 and other filings with the Securities and Exchange Commission. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date made. Except as required by law, the Company undertakes no obligation to disclose any revision to these forward-looking statements whether as a result of new information, future events, or otherwise. Additionally, there may be other factors of which the Company is not currently aware that may affect matters discussed in forward-looking statements and may also cause actual results to differ materially from those discussed. In particular, the consequences of the coronavirus outbreak to economic conditions and the industry in general and the financial position and operating results of our company in particular have been material, are changing rapidly, and cannot be predicted.
Facebook – Corporate: BIO-key International
Twitter – Corporate: @BIOkeyIntl
Twitter – Investors: @BIO_keyIR
StockTwits: BIO_keyIR
Investor & Media Contacts
William Jones, David Collins
Catalyst IR
212-924-9800
bkyi@catalyst-ir.com
BIO-key, Provider of Identity and Access Management Solutions Powered by Biometrics, Hosts Q4 & Full FY 2020 Investor Call Th...
Source: GlobeNewswire Inc.?
BIO-key International, Inc. (NASDAQ: BKYI), an innovative provider of identity access management (IAM) and large scale identity solutions, including industry leading biometric capabilities, will host a conference call to review its fourth quarter and full FY 2020 results on Thursday, March 25, 2020 at 10 a.m. ET. Results will be reported prior to the market’s opening. Mike DePasquale, Chairman & CEO, Cecilia Welch, Chief Financial Officer, and Fred Corsentino, Chief Revenue Officer, will participate on the call.
Conference Call DetailsDate / Time:Thursday, March 25th at 10 a.m. ETCall Dial In #:1-877-418-5460 U.S. or 1-412-717-9594 InternationalLive Webcast / Replay:Investor Webcast & Replay – Available for 3 months.Audio Replay:1-877-344-7529 U.S. or 1-412-317-0088 Int’l; code 10153268
About BIO-key International, Inc. (www.bio-key.com)
BIO-key is revolutionizing authentication with biometric centric, multi-factor identity and access management (IAM) solutions, including its PortalGuard solution, that provide convenient and secure access to devices, information, applications and high-value transactions. BIO-key’s proprietary software and hardware solutions, with industry leading biometric capabilities, enable large-scale on-premise and Identity-as-a-Service (IDaaS) solutions as well as customized enterprise and cloud solutions.
Engage with BIO-keyFacebook – Corporate:BIO-key InternationalTwitter – Corporate:@BIOkeyIntlTwitter – Investors:@BIO_keyIRStockTwits – Investors:BIO_keyIR
Investor & Media Contacts
William Jones, David Collins
Catalyst IR
212-924-9800
bkyi@catalyst-ir.com
Identity & Access Management Solutions Provider BIO-key to Participate in Security IT Roundtable Discussion at Maxim Group’s Emerging Growth Virtual Conference Thursday, March 18th from 11am-12pm ET
WALL, N.J., March 05, 2021 (GLOBE NEWSWIRE) -- BIO-key International, Inc. (Nasdaq: BKYI), an innovative provider of identity and access management (IAM) solutions powered by biometrics will present and meet with investors at the Maxim Group Emerging Growth Virtual Conference on Thursday, March 18, 2021. BIO-key’s Chairman and CEO Mike DePasquale will also participate in a “Security IT” roundtable discussion moderated by Maxim Equity Analyst Allen Klee, from 11am to 12pm ET.
The Security IT roundtable and BIO-key’s pre-recorded investor presentation will be available on the registration page: https://www.m-vest.com/events/2021-emerging-growth-virtual-conference. The conference will feature company presentations, fireside chats, roundtable discussions and live Q&A with company executives from hundreds of emerging growth companies, moderated by Maxim Research Analysts.
About Maxim Group LLC (www.maximgrp.com)
Maxim Group LLC is a full-service investment banking, securities and wealth management firm headquartered in New York. The Firm provides a full array of financial services including investment banking; private wealth management; and global institutional equity, fixed-income and derivatives sales & trading, equity research and prime brokerage services. Maxim Group is a registered broker-dealer with the S.E.C. and the Municipal Securities Rulemaking Board and is a member of FINRA, SIPC, and NASDAQ.
About BIO-key International, Inc. (www.bio-key.com)
BIO-key is revolutionizing authentication with biometric centric, multi-factor identity and access management (IAM) solutions, including its PortalGuard IAM solution, that provide convenient and secure access to devices, information, applications and high-value transactions. BIO-key’s proprietary software and hardware solutions, with industry leading biometric capabilities, enable large-scale on-premise and Identity-as-a-Service (IDaaS) solutions as well as customized enterprise and cloud solutions.
Engage with BIO-key
Twitter:
StockTwits:
@BIO_keyIR
BIO_keyIR
Investor & Media Contacts
William Jones, David Collins
Catalyst IR
212-924-9800
bkyi@catalyst-ir.com
Identity and Access Management Solutions Provider BIO-key Announces Expanded Partner-Centric Channel Alliance Program
Enables MSPs, MSSPs, SIs and VARs to leverage additional benefits of PortalGuard IDaaS to create profitable customer relationships
WALL, N.J., Feb. 18, 2021 (GLOBE NEWSWIRE) -- BIO-key International, Inc. (NASDAQ: BKYI), an innovative provider of identity and access management (IAM) solutions powered by biometrics, today announced an expanded Channel Alliance Partner (CAP) program designed to significantly broaden its global partner ecosystem and provide substantial new revenue opportunities for BIO-key partners. Originally launched in 2019, this expanded CAP program enables Managed Service Providers (MSPs), Managed Security Service Providers (MSSPs), system integrators and value-added resellers to take advantage of BIO-key’s flexible IAM solutions, including PortalGuard® IDaaS or Identity-as-a-Service, to create profitable customer relationships, cement themselves as trusted cybersecurity advisors, and drive recurring revenue for their businesses.
With the addition of PortalGuard IDaaS, a subscription-based cloud authentication platform, BIO-key partners can deliver the combined benefits of biometric identity with highly flexible options for single sign-on (SSO), multi-factor authentication, self-service password reset and more. All of these features are easily configured to support any IAM strategy for securing customer and workforce access. Furthermore, BIO-key’s solutions integrate easily with other bundled technology solutions, making them a simple and cost-effective option for partner sales.
BIO-key’s expanded CAP program underscores the company’s continuing partner-centric commitment to ensuring its channel’s success. BIO-key invests significant time to ensure partners are fully trained on the technology and identifying prospective customers. BIO-key’s direct touch model assigns a solution architect to every partner to ensure they are fully onboarded and familiar with BIO-key’s products and solutions. Its sales team works closely with partners on deals to ensure end-users get the customized IAM technology solutions they need.
While BIO-key is focused on expanding its partner network, the company maintains a keen focus on existing partner relationships. Partners such as NGEN, Cybercore, Insight, SHI, Ingram, and D&H continue to produce ongoing revenue opportunities. Newly engaged partners including V-Cloud Tech, it1, Hemaya, and Sonda are identifying joint opportunities as they launch introductory marketing campaigns.
“We’ve added BIO-key to our partner network to address the enterprise market’s demand for a secure and trusted identity and access solution. One of the capabilities that stood out about BIO-key is their biometric authentication technology which allows us to address our customers growing interest in using their biometrics for multi-factor authentication,” said Zim Jackson, Sr. Partner Programs Manager, it1.
“We have ambitious plans for BIO-key’s CAP program this year,” said Fred Corsentino, BIO-key’s Chief Revenue Officer. “Our goal is to grow our partner sales exponentially and ultimately become the best channel company in our markets by working closely with our partners to fully understand what their customers want and need. We’ll work closely with them to help them deliver our flexible identity and access management solutions effectively so that they stand out against their competition.”
BIO-key aims to expand its CAP program in North America, APAC (Singapore, Hong Kong and Australia) and Africa. The partner program will focus on key markets including financial, government and healthcare centers, which benefit significantly from the expertise of MSPs and solution integrators. BIO-key’s technology is advantageous in these markets due to regulation and security concerns. By partnering BIO-key's PortalGuard multi-factor authentication and SSO with its core identity technology, these end-customers will have access to flexible technology with industry-leading biometrics, with a partner-centric approach to business, all at an affordable cost.
For more information about PortalGuard IDaaS, visit the BIO-key website.
About BIO-key International, Inc.
BIO-key is revolutionizing authentication with biometric centric, multi-factor identity and access management (IAM) solutions, including its PortalGuard IAM solution, that provide convenient and secure access to devices, information, applications, and high-value transactions. BIO-key’s proprietary software and hardware solutions, with industry-leading biometric capabilities, enable large-scale on-premise and Identity-as-a-Service (IDaaS) solutions as well as customized enterprise and cloud solutions.
BIO-key Safe Harbor Statement
All statements contained in this press release other than statements of historical facts are "forward-looking statements" as defined in the Private Securities Litigation Reform Act of 1995 (the "Act"). The words "estimate," "project," "intends," "expects," "anticipates," "believes," and similar expressions are intended to identify forward-looking statements. Such forward-looking statements are made based on management's beliefs, as well as assumptions made by, and information currently available to, management pursuant to the "safe harbor" provisions of the Act. These statements are not guarantees of future performance or events and are subject to risks and uncertainties that may cause actual results to differ materially from those included within or implied by such forward-looking statements, as well as other factors set forth under the caption see "Risk Factors" in our Annual Report on Form 10-K for the year ended December 31, 2019, and other filings with the Securities and Exchange Commission.
Engage with BIO-key
Facebook – Corporate: https://www.facebook.com/BIOkeyInternational/
LinkedIn – Corporate: https://www.linkedin.com/company/bio-key-international
Twitter – Corporate: @BIOkeyIntl
Twitter – Investors: @BIO_keyIR
StockTwits: BIO_keyIR
Media Contacts
Matter for BIO-key
Erin Knapp
BIO-key@matternow.com
Investor Relations Contacts
William Jones & David Collins
Catalyst IR, 212-924-9800
bkyi@catalyst-ir.com
West Coast State Increases Deployment of BIO-key's Biometric Authentication Solution for Secure Access to Centralized Voter Registration Database
Expanding Use of Biometric Multi-factor Authentication for Election Workers Statewide
WALL, N.J., Feb. 16, 2021 (GLOBE NEWSWIRE) -- BIO-key International, Inc. (NASDAQ: BKYI), an innovative provider of identity and access management (IAM) solutions powered by biometrics, today announced that a West Coast State Election Office has expanded its implementation of BIO-key's biometric multi-factor authentication solution for secure access to its voter registration database statewide. The solution combines BIO-key's core biometric software engine, WEB-key, and its PIV-Pro FIPS compliant fingerprint scanners to address the state's requirements to secure access to voter data.. The state's additional investment in BIO-key’s biometric election security solution builds upon their earlier deployment and the deployments of election offices in Florida, as well as others that are evaluating BIO-key’s solutions to strengthen the security of election data access.
The West Coast State Election Office's rollout plan enables its team to expand the use of biometric authentication across all counties. The State and County election office workers and volunteers access the centralized voter registration system via a Citrix environment. To protect voter data and enhance security for elections, the election office decided to implement a Multi-Factor Authentication (MFA) solution. After evaluating various options, state officials decided that BIO-key's biometric-based MFA solution would provide the strongest form of online security and has executed its strategy for the Phase 2 rollout. The BIO-key team, in collaboration with the state's IT team, created a customized solution to meet their specific security requirements.
"BIO-key’s unique biometric multi-factor authentication solution has proven its value to state election offices," stated Mike DePasquale, Chairman & CEO, BIO-key. "It is clear that every election office is making security and maintaining the integrity of our election process a top priority. By utilizing biometric authentication, they can tie access to the individual, not a credential, thereby validating the user's identity and not just their device during login. Given the current threat landscape and challenges facing our election system, we are uniquely positioned to take a leadership role in assisting other states and counties to strengthen their election security."
About BIO-key International, Inc. (www.bio-key.com)
BIO-key is revolutionizing authentication with biometric centric, multi-factor identity and access management (IAM) solutions, including its PortalGuard IAM solution, that provide convenient and secure access to devices, information, applications, and high-value transactions. BIO-key's proprietary software and hardware solutions, with industry-leading biometric capabilities, enable large-scale on-premise and Identity-as-a-Service (IDaaS) solutions, including customized enterprise and cloud solutions.
BIO-key Safe Harbor Statement
All statements contained in this press release other than statements of historical facts are "forward-looking statements" as defined in the Private Securities Litigation Reform Act of 1995 (the "Act"). The words "estimate," "project," "intends," "expects," "anticipates," "believes," and similar expressions are intended to identify forward-looking statements. Such forward-looking statements are made based on management's beliefs, as well as assumptions made by, and information currently available to, management pursuant to the "safe harbor" provisions of the Act. These statements are not guarantees of future performance or events and are subject to risks and uncertainties that may cause actual results to differ materially from those included within or implied by such forward-looking statements, as well as other factors set forth under the caption see "Risk Factors" in our Annual Report on Form 10-K for the year ended December 31, 2019, and other filings with the Securities and Exchange Commission.
Engage with BIO-key
Facebook – Corporate: https://www.facebook.com/BIOkeyInternational/
LinkedIn – Corporate: https://www.linkedin.com/company/bio-key-international
Twitter – Corporate: @BIOkeyIntl
Twitter – Investors: @BIO_keyIR
StockTwits: BIO_keyIR
Investor & Media Contacts
William Jones & David Collins
Catalyst IR 212-924-9800
bkyi@catalyst-ir.com
nice uptrend here, I would to see this turn the MA200 into support
BIO-key Announces Partnership With Appsian to Provide Advanced Authentication Security to Enterprise Resource Planning (ERP) ...
Source: GlobeNewswire Inc.?
BIO-key International, Inc. (NASDAQ: BKYI), an innovative provider of identity and access management (IAM) solutions powered by biometrics, today announced that it has partnered with Appsian, an ERP data security leader, to provide enhanced ERP system security to BIO-key's PortalGuard® solution, which will be delivered either as an IDaaS platform or an on-premise offering. The partnership provides robust security solutions to businesses seeking to enhance their ERP system security by implementing an IAM solution that delivers flexibility, scalability, time-to-value, and usability advantages. BIO-key will also be presenting at the upcoming PeopleSoft Innovation Summit on February 17th, 2021 to organizations seeking to provide secure access to their ERP systems and data.
"Managing identity for legacy ERP applications like Oracle PeopleSoft can be challenging, especially when access is required beyond the firewall," said Piyush Pandey, CEO of Appsian. "Our partnership with BIO-key provides those legacy ERP customers with a unique opportunity to seamlessly implement a comprehensive, modern IAM without adding any customizations to their applications or servers to their architecture."
"Strengthening authentication to access mission-critical data while also providing the end-user with a frictionless experience is a big win for our customers," said Mark Cochran, President of BIO-key - PortalGuard. "IT teams require flexible authentication solutions from vendors like BIO-key and Appsian to improve application security without sacrificing the end-user experience."
About Appsian (www.appsian.com)
Appsian's ERP Data Security Platform delivers fine-grained, risk aware software solutions for critical business systems like PeopleSoft, SAP, and Oracle EBS. After installing directly into the application web server, Appsian is able to enhance access control capabilities, while implementing detailed logging and analytics – all designed to enable customers to maintain complete control and visibility over their sensitive ERP data.
About BIO-key International, Inc. (www.bio-key.com)
BIO-key is revolutionizing authentication with biometric centric, multi-factor identity and access management (IAM) solutions, including its PortalGuard IAM solution, that provide convenient and secure access to devices, information, applications, and high-value transactions. BIO-key's proprietary software and hardware solutions, with industry-leading biometric capabilities, enable large-scale on-premise and Identity-as-a-Service (IDaaS) solutions, including customized enterprise and cloud solutions.
BIO-key Safe Harbor Statement
All statements contained in this press release other than statements of historical facts are "forward-looking statements" as defined in the Private Securities Litigation Reform Act of 1995 (the "Act"). The words "estimate," "project," "intends," "expects," "anticipates," "believes," and similar expressions are intended to identify forward-looking statements. Such forward-looking statements are made based on management's beliefs, as well as assumptions made by, and information currently available to, management pursuant to the "safe harbor" provisions of the Act. These statements are not guarantees of future performance or events and are subject to risks and uncertainties that may cause actual results to differ materially from those included within or implied by such forward-looking statements, as well as other factors set forth under the caption see "Risk Factors" in our Annual Report on Form 10-K for the year ended December 31, 2019, and other filings with the Securities and Exchange Commission.
Engage with BIO-key
Facebook – Corporate: https://www.facebook.com/BIOkeyInternational/
LinkedIn – Corporate: https://www.linkedin.com/company/bio-key-international
Twitter – Corporate: @BIOkeyIntl
Twitter – Investors: @BIO_keyIR
StockTwits: BIO_keyIR
Media Contact
Erin Knapp
Matter Communications
BIO-Key@matternow.com
914-260-3158
Investor Contacts
William Jones & David Collins
Catalyst IR, 212-924-9800
bkyi@catalyst-ir.com
There will be some dilution involved somewhere in this equation.
You know these asshats are already thinking about it!!
Agreed Then that will take us to the promise land.
We need two more reverse splits
Go Mickey GO
This might be enough news to finish red come in you can do it?
BIO-Key Delivers Powerful New Capabilities for PortalGuard IDaaS
Source: GlobeNewswire Inc.?
BIO-key International, Inc. (NASDAQ: BKYI), an innovative provider of identity and access management (IAM) solutions powered by biometrics, today announced new capabilities for its PortalGuard IDaaS cloud-delivered authentication solution. These new features include enhanced adaptive authentication, Single Sign-On (SSO) support for secure remote work access, and authentication analytics to give administrators visibility into user access activities. All the new capabilities will be available for PortalGuard users by mid-February 2021.
Microsoft research on social engineering attacks, where cybercriminals rely on a person clicking a link or opening an attachment, reveals these attacks have escalated from 20,000 to 30,000 per day in the U.S. alone. These attacks have become even more complicated as employees continue to work from anywhere. To mitigate common threats while providing more convenient methods of authentication such as passwordless, biometric, and adaptive technologies, BIO-Key is introducing new innovations for PortalGuard IDaaS to better serve customers who are keen to have more options for securing their hybrid environments of cloud-based and on-premises applications, as well as multiple directory support, including Microsoft Azure.
To continue securing access to applications for customers in a way that is flexible, scalable, and affordable, BIO-Key is releasing six new capabilities for PortalGuard and its world-class biometric solution, WEB-Key:
Adaptive Authentication for Improved, Continuous Authentication
PortalGuard already leads the industry by supporting over fifteen authentication factors and contextual authentication. Now, with the introduction of PortalGuard Contextual Authentication v2.0, the customer user experience is improved through more fine-tuned risk-balancing controls, which analyze contextual or adaptive characteristics to strike the perfect balance between security and convenience. Customers gain the ability to automatically evaluate each login request, identify trends, and flag unexpected requests that require special handling based on IP addresses, geolocation, and prior browser usage as part of a comprehensive adaptive authentication process.
SSO Jump Page for Easy Application Organization
Some enterprises don’t have a full Cloud Management System portal in their environment, creating a need for a page that shows an accurate listing of all applications in which each user has SSO access. Updates to the SSO Jump Page will allow users to easily search through their applications by title or help text for quick discovery. The updated SSO Jump Page is available for PortalGuard customers at no additional cost with a simple set-up for both administrators and users.
Microsoft Azure Active Directory (AD) Integration to Support Working from Anywhere
With remote work continuing to be a mainstay amongst employees, users can often no longer connect to a Domain Controller to enforce centrally-controlled security policies. PortalGuard now provides added support for Microsoft’s Azure AD, which has been described as a secure, cloud-based directory for narrowing the functionality gap with on-premise AD deployments. The direct support for Azure AD allows BIO-Key to offer PortalGuard customers a full, enterprise-level, “cloud-only” experience, which also supports customers looking to move away from managing and hosting their own data centers. Azure AD will be supported as a “first-class” directory for real-time authentication in PortalGuard, and its Hybrid Domain joining functionality will also be supported for organizations that have federated Office365/Azure AD within PortalGuard.
Passwordless Fast Identity Online (FIDO) Authentication as an Alternative to Password-Based Logins
PortalGuard already supports FIDO2 tokens, positioned by Microsoft and other industry leaders as a key to the elimination of password-based authentication. With this expansion, it now also includes the FIDO2 specification that supports a "passwordless" mode. The added passwordless FIDO2 specification provides another option that combines with customers’ preferred PortalGuard passwordless option, BIO-Key’s industry-leading biometric authentication.
Dashboard and Analytics for Full Visibility into User Interactions
This innovation builds on PortalGuard’s user activity data collection capabilities to run reports on user interactions at a chosen interval, in which the results are automatically received via email as a Scheduled Report. Administrators also have the ability to manually export report data from the PortalGuard Administrator Dashboard. They can access new reports such as user activity tracking to gain actionable insights for troubleshooting and diagnostic purposes.
WEB-Key 4.0.931 Release for Improved Product Experience
The new WEB-Key release provides faster installation and quicker device lookup for fingerprint scanners of choice, delivering an even more streamlined experience for users leveraging BIO-key’s server-based biometric identity and authentication.
“Customers choose PortalGuard to secure their access points so they can focus on other pressing issues, which is why we’re constantly looking for ways to add value for enterprises that are facing a myriad of cybersecurity threats,” said Michael DePasquale, Chairman & CEO of BIO-key International. “The launch of our new PortalGuard and WEB-Key capabilities provides improved authentication and support for working from any location, which are critical issues for today’s institutions, especially in targeted segments such as education, government, financial, and healthcare.”
PortalGuard is a solution that leverages biometric security to blunt the growing threat of cyberattacks such as ransomware and phishing. It helps enterprises become secure “cloud-first” businesses while maintaining the highest security levels through unmatched integration flexibility and support for a wide variety of authentication factors.
For more information about PortalGuard IDaaS, visit the BIO-Key website.
About BIO-key International, Inc.
BIO-key is revolutionizing authentication with biometric centric, multi-factor identity and access management (IAM) solutions, including its PortalGuard IAM solution, that provide convenient and secure access to devices, information, applications, and high-value transactions. BIO-key’s proprietary software and hardware solutions, with industry-leading biometric capabilities, enable large-scale on-premise and Identity-as-a-Service (IDaaS) solutions as well as customized enterprise and cloud solutions.
BIO-key Safe Harbor Statement
All statements contained in this press release other than statements of historical facts are "forward-looking statements" as defined in the Private Securities Litigation Reform Act of 1995 (the "Act"). The words "estimate," "project," "intends," "expects," "anticipates," "believes," and similar expressions are intended to identify forward-looking statements. Such forward-looking statements are made based on management's beliefs, as well as assumptions made by, and information currently available to, management pursuant to the "safe harbor" provisions of the Act. These statements are not guarantees of future performance or events and are subject to risks and uncertainties that may cause actual results to differ materially from those included within or implied by such forward-looking statements. These risks and uncertainties include, without limitation, our history of losses and limited revenue; our ability to raise additional capital; our ability to protect our intellectual property; changes in business conditions; changes in our sales strategy and product development plans; changes in the marketplace; continued services of our executive management team; security breaches; competition in the biometric technology industry; market acceptance of biometric products generally and our products under development; our ability to execute and deliver on contracts in Africa; our ability to expand into Asia, Africa and other foreign markets; the duration and severity of the current coronavirus COVID-19 pandemic and its effect on our business operations, sales cycles, 3 personnel, and the geographic markets in which we operate; delays in the development of products and statements of assumption underlying any of the foregoing as well as other factors set forth under the caption see "Risk Factors" in our Annual Report on Form 10-K for the year ended December 31, 2019 and other filings with the Securities and Exchange Commission. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date made. Except as required by law, the Company undertakes no obligation to disclose any revision to these forward-looking statements whether as a result of new information, future events, or otherwise. Additionally, there may be other factors of which the Company is not currently aware that may affect matters discussed in forward-looking statements and may also cause actual results to differ materially from those discussed. In particular, the consequences of the coronavirus outbreak to economic conditions and the industry in general and the financial position and operating results of our Company, in particular, have been material, are changing rapidly, and cannot be predicted.
Engage with BIO-key:
Facebook – Corporate: https://www.facebook.com/BIOkeyInternational/
LinkedIn – Corporate: https://www.linkedin.com/company/bio-key-international
Twitter – Corporate: @BIOkeyIntl
Twitter – Investors: @BIO_keyIR
StockTwits: BIO_keyIR
Media Contact:
Erin Knapp
Matter Communications
BIO-Key@matternow.com
914-260-3158
Def seems that way.
Likely because none of it ever comes to fruition, it’s all fake bait!
Southeastern Illinois College Selects BIO-key's Cloud-Based PortalGuard Identity-As-A-Service Platform For Enhanced Secure Access To Critical Applications
WALL, N.J. and HARRISBURG, Ill., Jan. 27, 2021 (GLOBE NEWSWIRE) -- BIO-key International, Inc. (NASDAQ:BKYI), an innovative provider of identity and access management (IAM) solutions powered by biometrics, today
· 1/27/2021, 8:19:01 AM
WALL, N.J. and HARRISBURG, Ill., Jan. 27, 2021 (GLOBE NEWSWIRE) -- BIO-key International, Inc. (NASDAQ:BKYI), an innovative provider of identity and access management (IAM) solutions powered by biometrics, today announced Southeastern Illinois College, located in Harrisburg, IL, has selected BIO-key's PortalGuard® IDaaS platform. The cloud-based access control solution will provide end-users with the same frictionless experience across all their devices connecting to critical institutional applications.
Southeastern Illinois College sought to enhance its existing access management approach by implementing a cloud-based identity solution that could deliver key agility, flexibility, scalability, and time to value benefits. PortalGuard, one of the leading cloud-based identity platforms, supports the rapid implementation of security policies in the most frictionless manner possible. BIO-key - PortalGuard's expertise in delivering successful solutions to the educational vertical was also an important differentiator, given its proven ability to integrate seamlessly with the school's student information system, Jenzabar, and learning management system, Canvas, among other mission-critical applications.
"The formal launch of the IDaaS version of our PortalGuard platform last fall, has accelerated our ability to deliver best-in-class security capabilities on a very efficient, cost-effective basis," said Mark Cochran, President of BIO-key - PortalGuard. "Higher Education institutions are seeking security experts like BIO-key to execute their strategic initiatives and meet increasing end-user demands for access personalization and convenience, while addressing the ever-evolving challenges of cybersecurity threats."
Free cloud socks?! I’ll wear them every time I use my fingerprint activated padlock! That’s awesome, I wonder if they used the same image of the dark cloud that always seems to follow the company.
new email biokey
VIRTUAL PRODUCT DEMO
Hi xxxxxxx,
Feeling the pressure to make a quick decision or only evaluate the obvious choices, you can end up stuck with a solution that isn’t the best fit for your IAM strategy.
PortalGuard IDaaS offers options where it matters the most. Options for multi-factor authentication, biometrics, and single sign-on, that can be combined to provide flexible, powerful identity security. With PortalGuard, it's your choice to secure identity the way you want.
Join one of our Virtual Product Demos to know your options:
Tuesday, February 2nd, 11:00 am EST
Thursday, February 4th, 2:00 pm EST
Our 45-minute, virtual events include:
A live demo by our top IAM experts with 25+ years of experience
Experts on the line to answer all of your questions
FREE Cloud socks shipped directly to you for attending
hmmmm ..... free cloud socks!
You will not get any answers next Q or the Q after that and the Q after that and so on!!
Ya we have been saying that for YEARS. GET OUT WHILE YOU CAN!!!
I wonder if these dod contracts aren’t really worth much. Seems like fluff at this point since they never release any dollar figures. I hadn’t seen them state any dollar amounts since the African announcements. Just a thought, I’m sure they add up and we’ll get an idea next q.
Maybe its a percent change from past price or volume but I am wondering about halt too, plus that helpful negativity showing up for no reason when there is about one post here every month. The AH is back up and I found no news. My best guess is "Inside Government Tip" to buy because of some contract being awarded soon.
Still don’t get why it was halted looks there were only 200k in volume at the time.
We’ll see kinda want to just break even and move on.
Not even promises, just blatant lies and misleading information!
You guys still believe Africa is happening? You don’t know the history of this company. Many promises few fulfillments.
Ya same this moved like clock work. I loaded up when it went to sixty cents, then news then intercoastal, then rs. Bag holding a bit but this never seems to get any traction now. Hope new news on Africa will turn this around. Glta
I originally bought this as a trade on the spikes. Now I'm underwater because of the news and the split. I always thought this could be a potential runner too as the bottom seems in, so GL us both. Hope to see 8, 10, 20+
BIO-key Partners with Managed Security Service Provider NGEN to Deliver PortalGuard® Identity-as-a-Service (IDaaS) Cloud Solution to Commercial and Government Customers
WALL, N.J. and LANHAM, Md., Jan. 19, 2021 (GLOBE NEWSWIRE) -- BIO-key International, Inc. (NASDAQ: BKYI), an innovative provider of identity and access management (IAM) solutions powered by biometrics, today announced a new partnership with NGEN LLC, a managed service provider based in Lanham, MD, who has been consistently recognized by CRN Magazine as among the fastest growing IT Service Providers in North America. The partnership has already generated a new customer for BIO-key's PortalGuard® Identity-as-a-Service (IDaaS) platform through the Maryland Education Enterprise Consortium (MEEC) contract vehicle.
NGEN's higher education customer supports 14,000+ users and seeks to secure the online user experience across the institution by implementing advanced IAM practices, such as multi-factor authentication, which can be difficult for many smaller enterprise security teams to develop and deploy on their own. In addition to strengthening authentication capabilities, the IT team wanted to offer an improved online student experience with Single Sign-On to critical applications.
"Identity Management is a strategic project for our customer this year," said Terry Speigner, President & CEO at NGEN. "At many higher education institutions, it becomes more challenging to maintain a strong IAM program as the complexity of the organization grows, especially when an organization adds more cloud-based applications. PortalGuard IDaaS is a flexible IAM solution that puts you back in control and allows our customers to easily deploy robust enterprise security with scalability and redundancy built-in to improve their overall security posture."
"NGEN is the latest success in building out our Channel Alliance Partner Program (CAPP). They are an impressive organization and hit the ground running," said Mark Cochran, President of BIO-key - PortalGuard. "We are actively onboarding new technology, reseller, and managed service partners across North America and abroad to CAPP, based on the growing need for cloud-hosted IAM solutions, and we expect accelerated growth in the program this year. Engaging with channel partners allows us to leverage our respective strengths and to increase our engagement opportunities with a broader base of end customers."
About NGEN LLC. (www.ngen.com)
NGEN offers a full range of mission critical information technology services and has strategic partnerships with some of the industry’s leading technology manufacturers and developers. As one of the most respected professional organizations in the DC region, NGEN continues to earn the unparalleled trust of its clients as evidenced by our recurring client referrals. NGEN’s success is rooted in an unwavering commitment to delivering quality services and ensuring the highest level of integrity in business. This commitment characterizes our approach to customer engagement and every solution we provide.
About BIO-key International, Inc. (www.bio-key.com)
BIO-key is revolutionizing authentication with biometric centric, multi-factor identity and access management (IAM) solutions, including its PortalGuard IAM solution, that provide convenient and secure access to devices, information, applications, and high-value transactions. BIO-key's proprietary software and hardware solutions, with industry-leading biometric capabilities, enable large-scale on-premise and Identity-as-a-Service (IDaaS) solutions, including customized enterprise and cloud solutions.
BIO-key Safe Harbor Statement
All statements contained in this press release other than statements of historical facts are "forward-looking statements" as defined in the Private Securities Litigation Reform Act of 1995 (the "Act"). The words "estimate," "project," "intends," "expects," "anticipates," "believes," and similar expressions are intended to identify forward-looking statements. Such forward-looking statements are made based on management's beliefs, as well as assumptions made by, and information currently available to, management pursuant to the "safe harbor" provisions of the Act. These statements are not guarantees of future performance or events and are subject to risks and uncertainties that may cause actual results to differ materially from those included within or implied by such forward-looking statements, as well as other factors set forth under the caption see "Risk Factors" in our Annual Report on Form 10-K for the year ended December 31, 2019, and other filings with the Securities and Exchange Commission.
Engage with BIO-key
Facebook – Corporate: https://www.facebook.com/BIOkeyInternational/
LinkedIn – Corporate: https://www.linkedin.com/company/bio-key-international
Twitter – Corporate: @BIOkeyIntl
Twitter – Investors: @BIO_keyIR
StockTwits: BIO_keyIR
Investor & Media Contacts
William Jones & David Collins
Catalyst IR 212-924-9800
bkyi@catalyst-ir.com
BIO-key Migrates Nine Customers to PortalGuard Cloud Solution
January 12, 2021
BIO-key is helping many of its existing customers with their digital transformations. The company has revealed that nine of its clients migrated from an on-premises authentication solution to its cloud-based PortalGuard Identity-as-a-Service (IDaaS) solution in the fourth quarter of 2020.
BIO-key Migrates Nine Customers to PortalGuard Cloud Solution
According to BIO-key, that trend mirrors the interest in PortalGuard that the company has seen from new customers. The IDaaS offering streamlines identity and access management across a large number of critical applications, and does so without sacrificing institutional security. It is also a more flexible solution that is better suited to the needs of a remote workforce. For example, PortalGuard can provide remote employees with self-service access to essential work materials, which minimizes the administrative burden on the IT department.
That’s why PortalGuard has proven to be extremely popular with new and existing clients alike. BIO-key did not name any of the nine companies that made the switch, but the list of new PortalGuard customers includes numerous academic institutions and government agencies, up to and including a division of the US Department of Justice.
The nine companies collectively provide support for around 115,000 individual users. BIO-key still has more than 200 customers who have not made the switch, and could potentially do so in 2021 or at some point further down the line as the remote ecosystem continues to expand. Those clients represent another 1 million users, approximately speaking.
“The maturation of the cloud services market has enabled IDaaS to emerge as the preferred deployment model versus the traditional on-premises IAM solution,” said BIO-key PortalGuard President Mark Cochran. “Enhanced security and scalability, reduction in cost and complexity, along with the relatively easy deployment of IDaaS, makes it an increasingly desirable option for our customers.”
BIO-key has also delivered PortalGuard for the GATX Corporation, which is using the solution to simplify password management for its GATX Rail Europe group.
–
January 12, 2021 – by Eric Weiss
This stock used to move like clock work. In tercoastal still in this? Them and the that hit piece about Africa fucked this up. Bottom is in shortdicks let’s make money on the rise.
US Department of Justice Division Leverages BIO-key's PortalGuard Solution for Secure Authentication
https://www.morningstar.com/news/globe-newswire/8121143/us-department-of-justice-division-leverages-bio-keys-portalguard-solution-for-secure-authentication
In our newest whitepaper, we define poor security and how it leads to poor productivity. Once security is compromised, you and your organization can experience the following:
Damage to Brand and Reputation
Data breaches raise doubts in your customers. 44% of adults said they would semi-permanently stop using a company if a data breach was uncovered.
Financial Penalties
The GDPR has drastically raised the financial penalties for data security lapses. Marriott International had a fine of 99.2 million euros because of its compromised data on 300 million guests.
Financial Outlay for Incident Response and Rectification
Organizations must pay a high cost to rectify incidents and systematic weaknesses after an incident. For example, companies need to enroll in a data protection program, or cease operations temporarily, or at the worst, close-up shop instead of recovering as the damage may be too much for the company.
If you're interested in preventing your security from being compromised, learn more about the solutions to update, evaluate, and embrace new security measures here.
Best,
The BIO-key Team
DISCLAIMER
Nothing in the contents transmitted on this board should be construed as an investment advisory, nor should it be used to make investment decisions. There is no express or implied solicitation to buy or sell securities. The author(s) may have positions in the stocks or financial relationships with the company or companies discussed and may trade in the stocks mentioned. Readers are advised to conduct their own due diligence prior to considering buying or selling any stock. All information should be considered for information purposes only. No stock exchange has approved or disapproved of the information here.
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