Biokey International Inc (BKYI)

[ProfitScout]

BIO-key is getting some nice coverage in the Biometrics press this week for their new partnership with 2FA. Here's another article that was published by BiometricUpdate.com.

2FA licenses BIO-key biometric authentication platform
By Stephen Mayhew February 8, 2016 -
Link:
http://www.biometricupdate.com/201602/2fa-licenses-bio-key-biometric-authentication-platform

BIO-key International announced that 2FA, Inc., a veteran-owned cybersecurity company providing enterprise multifactor authentication and single sign-on solutions, has licensed BIO-key’s fingerprint-based biometric authentication technology platform and incorporated it into 2FA’s 2FA ONE Authentication platform.

2FA plans to begin delivering BIO-key based solutions to customers in the first quarter.

2FA’s upgrade to BIO-key insulates it from the rapidly-evolving fingerprint scanner marketplace, gives 2FA end-users a mix and match choice between BIO-key’s over 40 supported fingerprint scanners, NIST-certified accuracy and 1-to-many identification capabilities, even among large enterprise populations.

“The strategic decision to leverage BIO-key’s technology within our solution came after months of due diligence to find the best-of-breed biometric authentication suite to support our current and future customers,” stated, Greg Salyards, 2FA, Inc. CEO. “With over 2,500,000 end-users worldwide who depend on our solution every day to access critical and protected information, the decision to incorporate BIO-key’s technology into our authentication platform was crucial to ensure the highest security and customer satisfaction. 2FA supports over 250,000 public sector end-users who rely upon our solution for streamlined, yet compliant access to criminal justice information provided by state and federal agencies. Our plan is to immediately leverage BIO-key’s technology for HIPAA- and EPCS-compliant authentication at our largest healthcare customers, ranging in size from 10,000 to over 20,000 users.”

“BIO-key is thrilled to welcome a company with 2FA’s track record of success to our list of innovative customers,” stated Jim Sullivan, SVP Global Sales, BIO-key. “We are especially pleased that an authentication provider with 2FA’s years of biometric authentication experience has elected to take their biometric offering to the next level by adding BIO-key’s interoperability, 1-to-many identification, and NIST-tested accuracy. We look forward to working with 2FA to bring this solution to their sizable existing customer base,” added Sullivan.

Microsoft recently featured BIO-key as its only biometrics solution partner on its 12-city roadshow as part of the U.S. launch of Windows 10 for Business and the company reported that more than 40 percent of attendees met with BIO-key and requested engagement regarding BIO-key products for Windows 10 and Hello, Microsoft’s native biometric logon option.