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BIO-Key International CEO Michael Depasquale joined Steve Darling from Proactive to announce several significant contract wins for the company which specializes in advanced security and identity solutions.
De Pasquale highlighted the company's role in enhancing security through biometrics for access, making systems both more secure and convenient. With increasing concerns about data breaches and cyber threats, Bio-key addresses these issues with software and hardware solutions, helping employees and customers access authorized information more efficiently.
De Pasquale discussed the surge in cyber threats, emphasizing the accelerating frequency of data breaches. He also mentioned government mandates requiring companies to report breaches promptly and the necessity of multi-factor authentication for cyber insurance, a service Bio-key provides.
In Spain, a partnership has been established with a group that will collaborate with BIO-Key to implement AuthControl Sentry, one of the company's flagship solutions. AuthControl Sentry is highly regarded for its robust authentication capabilities, and it will play a pivotal role in safeguarding the login processes for both internal and external users of Tragsa.
Furthermore, Depasquale revealed that Haver & Boecker, a global leader in processing and packaging technology for bulk materials, has embraced Multifactor Authentication and Single Sign-On technology for its digital platforms. This implementation has been facilitated through P&W Netzwerk GmbH & Co. KG, leveraging BIO-Key Europe's AuthControl Sentry solution. This move is part of a strategic initiative aimed at enhancing efficiency and improving the overall user experience for Haver & Boecker's employees.
These contracts underscore the value and effectiveness of BIO-Key International's solutions in the realm of identity and access management, highlighting the company's ongoing commitment to providing cutting-edge cybersecurity solutions to its clients.
https://stocktwits.com/AMCTHEATERSDISTRIBUTION/message/560784860
$AMC
BossBlunts is opening up his own trading platform soon.
He said his platform will be transparent about the total number of AMC shares his platform holds.
What if all Apes transferred their shares to his platform?
Would the billions of counterfeits be exposed? 😂
AMC Distribution did this: “The Eras Tour” amassed more than $262 million worldwide in theaters after opening in October, setting a record for concert films. Swift partnered with AMC Theaters for the release in a first-of-its-kind deal that cut out Hollywood studios and instead sent the film directly into theaters. That left a second round of bidding for streaming rights.”
Wow! I bought four boxes of AMC popcorn at the grocery store and got a $3.00 coupon with each box toward movie tickets at AMC Theaters. Way to go, AA!
DRHUMI, I agree it is best for CC to remain silent, let the SAGA deal run its course and avoid any potential lawsuits. As the patents are fulfilled, the opportunities will improve. GLTA!
SA, Agree. eom
Oh, my… who would have thought?!?! “When the US punished Morgan Stanley for leaking upcoming stock trades to favored clients, it kept the list of recipients secret. They include one of Wall Street’s biggest players: Citadel.
A trader at Ken Griffin’s giant hedge fund was among a coterie of executives described anonymously in Morgan Stanley’s settlements with the government, according to people with knowledge of the matter.”
BonnieMac, At some point, AI will be the clinical trials…
Watching for the European squeeze…..eom
Mutat, Duh! … I told you long ago that the AI would be the “thing” that makes Enzolytics the number 1pharma, and doing it with less than 10 employees. So, how does that happen? Once again, Enzolytics doesn’t have to ever produce a product (vaccine), they just have to license the production to a company/compamies that will produce the vaccine. Licensing the patents is worth Billions. GLTA!
Bridgetown, Barbados Credit Union Selects BIO-key’s PortalGuard to Enhance Access to Shared Workstations Including Biometrics
BRIDGETOWN, Barbados and HOLMDEL, N.J., Feb. 06, 2024 (GLOBE NEWSWIRE) -- BIO-key® International, Inc. (NASDAQ: BKYI), an innovative provider of passwordless, phoneless, and token-less Identity and Access Management (IAM) Multifactor Authentication (MFA) solutions, announced that the City of Bridgetown Co-operative Credit Union Ltd. (COB) has selected BIO-key’s PortalGuard platform with Identity-Bound Biometrics (IBB), to transform its secure login methodologies for staff access to critical systems and data. COB has multiple locations supporting more than 60,000 members in Barbados.
By implementing BIO-key’s PortalGuard platform with Identity-Bound Biometric authentication, COB ensures a more robust and reliable defense against unauthorized access to the credit union’s systems. Project requirements included meeting or exceeding cybersecurity insurance mandates and providing improved access workflows to support staff productivity. COB also desired a complete solution that could support multiple authentication factors including one-time passwords, biometrics or tokens.
These security and productivity requirements were especially important for shared workstation environments utilized by credit union tellers. PortalGuard’s centralized biometrics excel at providing instant support across a multitude of devices without requiring a hardware authentication device such as a phone or token. PortalGuard sets itself apart as a unified IAM platform, providing cutting-edge solutions to a range of use cases and business initiatives with flexibility to support a wide variety of authentication options and factors within an organization.
"BIO-key’s PortalGuard and IBB security solutions provide robust security and best-in-class support for shared workstations where other vendor solutions are limited and costly," said Mark Cochran, President of BIO-key’s PortalGuard division. "Credit Unions and other financial institutions are embracing BIO-key’s advanced biometric security measures because we can accommodate their unique authentication use cases with secure and cost-effective approaches that protect their systems and data. BIO-key is helping accelerate our customers’ ability to execute strategic security initiatives and meet their digital transformation and compliance goals."
About BIO-key International, Inc. (www.BIO-key.com)
BIO-key is revolutionizing authentication and cybersecurity with biometric-centric, multi-factor identity and access management (IAM) software securing access for over thirty-five million users. BIO-key allows customers to choose the right authentication factors for diverse use cases, including phoneless, tokenless, and passwordless biometric options. Its hosted or on-premise PortalGuard IAM solution provides cost-effective, easy-to-deploy, convenient, and secure access to computers, information, applications, and high-value transactions.
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 to satisfy working capital needs; our ability to continue as a going concern; 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 convert sales opportunities to customer contracts; our ability to expand into Asia, Africa and other foreign markets; our ability to integrate the operations and personnel of Swivel Secure into our business; fluctuations in foreign currency exchange rates; 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 "Risk Factors" in our Annual Report on Form 10-K for the year ended December 31, 2022 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, we undertake no obligation to disclose any revision to these forward-looking statements whether as a result of new information, future events, or otherwise.
Engage with BIO-key
Facebook – Corporate:
LinkedIn – Corporate:
Twitter – Corporate:
Twitter – Investors:
StockTwits: https://www.facebook.com/BIOkeyInternational/
https://www.linkedin.com/company/bio-key-international
@BIOkeyIntl
@BIO_keyIR
BIO_keyIR
Investor Contacts
William Jones, David Collins
Catalyst IR
BKYI @Bacchus-9800
bio33, Exactly, the shorts have to bankrupt AMC, or they will be exposed as Bernie Maddoff 2.0 (times 100).
That’s how trapped the shorts are. AA just needs to keep paying down the debt until the fundamentals improve to the point where EVERYONE starts buying. GLTA!
In 2023 I visited my AMC Theater 28 times. So far, in 2024, I have been 5 times. I plan to visit 36 or more times this year, buy concessions, buy merchandise, buy gift cards, buy popcorn at Walmart and hodl my 4k+ shares. Oh, and watch AA pay down the debt. 🔥🩳🔥Burning the shorts is fun in so many ways! Let’s Go!
At some point in time exposure will come to bear. The truth will come out!
Got my Buy orders in… let’s see what happens…GLTA!
I’m watching for the announcement of “AMC Studios”… now that it is legal… that will be the straw that breaks Hollywood’s back… vertical integration… AMC Entertainment Holdings will be an industry in itself… BOOM!
$ugar Glider, You didn’t even look at my history before making that post, but thanks for the perfect example of the “Reads” being the important thing.
All these theories about the bashers here are wrong. Ihub is all about the number of “Reads”… it’s that simple. If more posts are read from bashers or supporters it doesn’t matter, they count the same. The more “reads” the better the numbers to present to advertisers on the site. Got it?
Certain Warrants of BIO-key International, Inc. are subject to a Lock-Up Agreement Ending on 30-JAN-2024.
January 29, 2024
Share
Certain Warrants of BIO-key International, Inc. are subject to a Lock-Up Agreement Ending on 30-JAN-2024. These Warrants will be under lockup for 91 days starting from 31-OCT-2023 to 30-JAN-2024.
Details:
Each of officers and directors and executive officers and any holders of five percent or more of the outstanding shares of common stock have agreed, subject to certain exceptions, not to offer, issue, sell, contract to sell, encumber, grant any option for the sale of or otherwise dispose of any shares of common stock or other securities convertible into or exercisable or exchangeable for common stock for a period of 120 days after this offering is completed without the prior written consent of the placement agent.
Up to 436,509 Shares of Common Stock
This prospectus relates to the resale, from time to time, by the selling stockholder identified in this prospectus under the caption “Selling Stockholder,” of up to 436,509 shares of our common stock, par value $0.0001 per share, issued and sold by us in a private placement transaction, consisting of 48,473 issued and outstanding shares of common stock, 126,131 shares issuable upon exercise of pre-funded warrants to purchase common stock, and 261,905 shares of common stock issuable upon exercise of common warrants. All share amounts in this prospectus have been adjusted to reflect the 1-for-18 reverse stock split that became effective on December 20, 2023.
All of the proceeds from the sale of the shares covered by this prospectus will be received by the selling stockholder. We will not receive any proceeds from the sale of these shares.
Could it be that Emergent made enough money on the first R/M that they are holding out for a “Homerun” candidate for ETEK? I’m going with that theory. GLTA!
Closed at the high! Nice! eom
BonnieMac, Thanks, but no. My post was just about all the off topic car racing filling the Enzolytics board.
Stickman101, Like I posted, the Antara deal reversed the direction of bankruptcy, and saved the company, keeping the shareholders from losing their money. AA didn’t have the choice of waiting until the stock could go to $50, because it would never get there with Citadel’s control. Now, the chance of bankruptcy is remote and that is forcing the SEC to save their own ass by putting pressure on the hedgefunds to close their short positions and thereby making the SEC appear to be legit.
The finger pointing will begin soon. The banks will likely be the first to point the finger at Citadel. Citadel will point the finger at the SEC, and so it goes. The corruption will be exposed and the implosion will be EPIC.
Does anyone have a link to the Enzolytics board here at investorshub? My app seems to have had it replaced by some auto-sport board. Thanks in advance…
Stockman101, AA made a genius move with the Antara deal in convincing Antara to go long instead of shorting, at the same time making Antara buck against Citadel while creating hundreds of millions in cash keeping AMC out of bankruptcy.
Once again, and this is really quite simple, if AA were a plant for the shorting hedgefunds, he would have let the company go bankrupt. Got it?
AA is leading this company to post Covid profitability, and paying off debt. The shorts are trapped and one by one they will all implode.
In case you haven’t noticed, the SEC has already started forcing the shorts to begin covering commencing with the European brokerages first.
It’s happening. You are about to see the biggest transfer of wealth in the history of the stock market.
Now go do some of your so called DD that you claim to have done, but apparently, don’t understand. Have a great week!
Stockman101, We’ll soon see how this all turns out. Glad I have a bunch of shares. Have a great weekend!
Stockman101, If AA were a plant for the shorts, he would have put AMC into bankruptcy long ago, because that’s the only out for the shorts. Instead, he is making AMC profitable and paying down debt, which will destroy the hedgefunds’ thesis.
Since the hedgefunds can no longer attack the fundamentals of the company, they have to attack the CEO, hoping to get him replaced by someone who will take the company to bankruptcy.
By making AMC financially strong, AA will bring down the hedgefunds and expose the corruption in the stock market.
It will be EPIC!
BonnieMac, It was one trader dumping over 500k shares. I would guess it was just personal reasons rather than expectations.
BonnieMac, I see no link at the bottom of the messages. I use the mobile app on my iPhone, so that may be the reason.
Interesting… 1/3 of today’s volume happened in the last minute of trading…
87 LC2, My thinkorswim has .0006, and my charts have .0006.
tulia, We need Volume, and more importantly, a reason for that Volume. I expect the annual/qtly report to provide that reason for that Volume.
DRHUMI, I may be able to increase your posting limit.
DRHUMI, Why do you only have one post per day?
29, Yep, Harry was a poor CEO, had no understanding of how the OTC works. Charles quit that unnecessary expense when he became CEO… Charles, literally, saved this company.
Dusty18, ok… lol… now I got it. After all, this board is “For entertainment purposes”.
Btw, I think the entire SAGA will have to be redone, if and only if, NASDAQ gives them a “second chance” to correct the way the Enzolytics deal has been handled.
Oh, and I don’t think CC should make any comment regarding such at this time, as it is better if he remains quiet, and let the NASDAQ do their thing. JMHO GLTA!
Dusty18, Enzolytics does not do 8K filings as ENZC is listed on the OTC.
87 LC2, Excellent… Milan is keeping things current.
87 LC2, 90 days after the year end, which would be March 30th, but that’s a Saturday, so it will be the following Monday, April 1st. Having clarified that, I expect Milan Hoffman to file way before that. Could even be this week. GLTA!