Monday, April 12, 2021 9:25:10 AM
BIO-key extends leadership with comprehensive hardware options and fully integrated IAM platform
WALL, N.J., April 12, 2021 (GLOBE NEWSWIRE) -- BIO-key International, Inc. (NASDAQ: BKYI), an innovative provider of identity and access management (IAM) solutions powered by biometrics, today announced the immediate availability of several new additions to its lineup of fingerprint scanners to meet the growing demand from enterprises and government for new form factors and USB connection options. First, BIO-key introduced Pocket10™, its FBI FAP50, NIMC- and STQC-certified fingerprint scanner, which captures ten print enrollments in a compact, pocket-sized form factor, allowing highly mobile enrollment capability suitable for national IDs, background check submissions, and law enforcement use. Second, BIO-key unveiled USB-C versions of its popular SidePass® and SideSwipe® fingerprint scanners. With this next generation of affordable hardware options for its customers, BIO-key continues its leadership in developing hardware to support the most secure and convenient authentication method - biometrics.
Photos accompanying this announcement are available at:
https://www.globenewswire.com/NewsRoom/AttachmentNg/3e05e6b3-f0da-4eb0-b4e5-618ab5d331a4
https://www.globenewswire.com/NewsRoom/AttachmentNg/88769c7e-2fd7-4cf9-af35-be39e789a754
https://www.globenewswire.com/NewsRoom/AttachmentNg/499fc15b-0268-419e-9310-49bbaca351cc
BIO-key’s entire line of single-finger USB fingerprint scanners are all tested and qualified as Windows Hello accessories, allowing enterprises to deliver Windows Hello biometric experiences to users who lack a fingerprint scanner for secure access. Where higher levels of assurance are required, BIO-key’s award-winning PortalGuard® Identity-as-a-Service (IDaaS) platform, offers Multi-Factor Authentication (MFA), Single Sign On (SSO), and Self-Service Password Reset, which incorporates BIO-key’s server-secured biometric management for maximum flexibility and assurance when authenticating users. Additionally, BIO-key’s software is scanner independent, allowing customers to mix and match any of over 40 supported fingerprint scanners to deliver a secure biometric experience. With this unmatched combination of platform and hardware options, BIO-key customers and partners have access to flexible, cost-effective, and secure solutions to secure the way their employees, customers and partners access their systems, no matter where they work.
Photos accompanying this announcement are available at:
https://www.globenewswire.com/NewsRoom/AttachmentNg/7f0f8bc9-cad4-45e1-b527-fbba9ac66542
https://www.globenewswire.com/NewsRoom/AttachmentNg/54e4baad-a82e-487e-a621-4dc59de368ed
The demand for biometric authentication solutions is increasing rapidly as companies seek to replace outdated security methods provided by password-based authentication. The global market for biometrics is expected to increase from $22 billion in revenue this year to $55 billion in 2027, according to Raconteur. In North America and Europe, respondents note that fingerprint biometrics are faster, more convenient and more secure than passwords or other security methods.
Photos accompanying this announcement are available at:
https://www.globenewswire.com/NewsRoom/AttachmentNg/94b7e2f7-0e72-4c6d-ac9a-e8d986a1bf56
https://www.globenewswire.com/NewsRoom/AttachmentNg/08aa155f-da31-480e-a88f-8f6d3643cffb
“The release of these new low-cost, high-quality fingerprint scanners enable faster, more economical identity workflows for BIO-key customers,” said Kimberly Johnson, Vice President of Products, BIO-key. “Not only are these scanners secure and more convenient than passwords, tokens and phone factors for the end user, they are easily integrated into customers’ existing security solutions and align with our WEB-key and PortalGuard IDaaS platform. BIO-key continues to lead the industry by providing the most advanced and secure biometric product offerings to a broad range of customers and partners.”
For more information about BIO-key’s Biometric Identity Solutions, visit www.bio-key.com
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 Contact:
Erin Knapp
Matter Communications
BIO-key@matternow.com
914-260-3158
Wick(w50)
Recent BKYI News
- Form 8-K - Current report • Edgar (US Regulatory) • 05/24/2024 08:46:11 PM
- BIO-key International, Inc. Receives Notice of Non-Compliance from Nasdaq • GlobeNewswire Inc. • 05/24/2024 08:30:00 PM
- Form NT 10-Q - Notification of inability to timely file Form 10-Q or 10-QSB • Edgar (US Regulatory) • 05/16/2024 09:06:35 PM
- BIO-key Expects to File Audited 2023 Results on Form 10-K and Report Q1 2024 Results and Host an Investor Call Next Week • GlobeNewswire Inc. • 05/16/2024 08:55:09 PM
- BIO-key Wins Coveted Global InfoSec Award for Multi-factor Authentication During RSA Conference 2024 • GlobeNewswire Inc. • 05/07/2024 12:59:00 PM
- BIO-key International, Inc. Receives Notice of Non-Compliance from Nasdaq • GlobeNewswire Inc. • 04/22/2024 08:30:00 PM
- Switzerland’s Canton of Ticino Implements BIO-key’s Multi-Factor Authentication Solution in its Information Systems Center • GlobeNewswire Inc. • 04/09/2024 01:15:00 PM
- Identity and Access Management Software Provider BIO-key Preliminary 2023 Results: Operating Loss Trimmed Approx. $3.5M on Approx. 29% Revenue Growth to $9.1M; Investor Call Tomorrow at 10am ET • GlobeNewswire Inc. • 04/01/2024 08:45:00 PM
- Identity and Access Management/Cybersecurity Solutions Provider BIO-key International Hosts Q4 Investor Call Tues., Apr. 2nd at 10am ET • GlobeNewswire Inc. • 03/27/2024 01:30:00 PM
- Humanity International Investments Hits Major Milestones in Digital Identity with the Humanity Protocol Initiative in Partnership with BIO-key International • GlobeNewswire Inc. • 03/12/2024 06:17:46 PM
- BIO-key Receives $1.5M Pre-Paid, Two-Year Software Subscription Order for its Biometric Identification Platform • GlobeNewswire Inc. • 02/20/2024 01:59:00 PM
- Form 424B3 - Prospectus [Rule 424(b)(3)] • Edgar (US Regulatory) • 02/16/2024 10:02:13 PM
- Form SC 13G - Statement of acquisition of beneficial ownership by individuals • Edgar (US Regulatory) • 02/14/2024 08:30:35 PM
- Form SC 13G/A - Statement of acquisition of beneficial ownership by individuals: [Amend] • Edgar (US Regulatory) • 02/14/2024 01:04:15 AM
- Form EFFECT - Notice of Effectiveness • Edgar (US Regulatory) • 02/13/2024 05:15:36 AM
- Bridgetown, Barbados Credit Union Selects BIO-key’s PortalGuard to Enhance Access to Shared Workstations Including Biometrics • GlobeNewswire Inc. • 02/06/2024 01:59:00 PM
- Form S-1 - General form for registration of securities under the Securities Act of 1933 • Edgar (US Regulatory) • 01/30/2024 10:31:29 PM
- Form SC 13G/A - Statement of acquisition of beneficial ownership by individuals: [Amend] • Edgar (US Regulatory) • 01/25/2024 09:01:47 PM
- Tragsa Group Enhances Cybersecurity with BIO-key’s Multi-Factor Authentication Solution • GlobeNewswire Inc. • 01/22/2024 10:15:00 AM
- Haver & Boecker Implements Single Sign-On (SSO) with Multifactor Authentication via P&W Netzwerk and BIO-key Europe to Secure and Streamline User Access • GlobeNewswire Inc. • 01/17/2024 09:59:00 AM
- NJ-based Authentication Solutions Provider BIO-key to Review Growth Strategy and Progress at The Microcap Conf. in Atlantic City – Presentation Wed., Jan 31 at 10:50am ET • GlobeNewswire Inc. • 01/16/2024 01:59:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 01/11/2024 04:54:32 PM
- Fargo, ND and Junction City, KS Choose BIO-key PortalGuard For Secure Access via Biometric Authentication • GlobeNewswire Inc. • 01/11/2024 12:58:00 PM
- BIO-key PortalGuard Wins 2024 Business Intelligence Group’s BIG Innovation Award for its Authentication Software • GlobeNewswire Inc. • 01/10/2024 02:01:00 PM
- Denmark’s Ministry of Foreign Affairs Bolsters Network Security via IT2Trust and BIO-key® • GlobeNewswire Inc. • 01/08/2024 10:00:00 AM
Avant Technologies Engages Wired4Tech to Evaluate the Performance of Next Generation AI Server Technology • AVAI • May 23, 2024 8:00 AM
Branded Legacy, Inc. Unveils Collaboration with Celebrity Tattoo Artist Kat Tat for New Tattoo Aftercare Product • BLEG • May 22, 2024 8:30 AM
"Defo's Morning Briefing" Set to Debut for "GreenliteTV" • GRNL • May 21, 2024 2:28 PM
North Bay Resources Announces 50/50 JV at Fran Gold Project, British Columbia; Initiates NI 43-101 Resources Estimate and Bulk Sample • NBRI • May 21, 2024 9:07 AM
Greenlite Ventures Inks Deal to Acquire No Limit Technology • GRNL • May 17, 2024 3:00 PM
Music Licensing, Inc. (OTC: SONG) Subsidiary Pro Music Rights Secures Final Judgment of $114,081.30 USD, Demonstrating Strength of Licensing Agreements • SONGD • May 17, 2024 11:00 AM