WALL, N.J., Oct. 09, 2017 (GLOBE NEWSWIRE) -- BIO-key International, Inc. (NASDAQ:BKYI), an innovative provider of biometric software and hardware solutions for strong and convenient user authentication, today announced that a leading government defense contractor has selected BIO-key to secure employee access to their online infrastructure using BIO-key’s SideSwipe fingerprint reader solution. The initial purchase order valued at approximately $75K will enable compliance with regulatory requirements for multi-factor authentication and will lead to additional opportunities as the solution is deployed.
BIO-key's SideSwipe fingerprint reader offers native support for Windows Biometric Framework, which streamlines the implementation of biometric authentication into an enterprise network. The contractor provides highly sensitive solutions to government and commercial customers in space, aviation, cyber, electronics, telemedicine, navigation and systems integration applications. BIO-key worked together with the customer’s integration team to deliver the interoperability necessary to connect with and support their existing authentication system.
Mike DePasquale, Chairman & CEO, BIO-key commented, “This project confirms the security, workflow and return on investment benefits of our solutions in enabling customers to meet rigorous governmental requirements for strong multi-factor authentication. Defense contractors must be at the cutting edge of highly secure and cost effective solutions to protect their sensitive infrastructure from security threats, and we are pleased to have been selected as their preferred biometric security provider.”
About BIO-key International, Inc. (www.bio-key.com)
BIO-key is revolutionizing authentication with biometric solutions that enable convenient and secure access to information and high-stakes transactions. We offer alternatives to passwords, PINs, tokens and cards that make it easy for enterprises and consumers to secure their devices as well as information in the cloud. BIO-key provides NIST approved biometric algorithms and software solutions, complemented with a line of finger scanning devices offering market-leading quality and performance. BIO-key has also launched a line of TouchLock biometric and Bluetooth enabled padlocks, including travel and bicycle locks, bringing the security and ease of use of biometric technology to a wide variety uses.
BIO-key Safe Harbor Statement
Certain statements contained in this press release may be construed as "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 subject to certain risks and uncertainties that may cause actual results to differ materially from those projected on the basis of these statements. These risks and uncertainties include, without limitation, our history of losses and limited revenue, our ability to develop new products and evolve existing ones, market acceptance as which speak only as of the date made. The Company undertakes no obligation to disclose any revision to these forward-looking statements to reflect events or circumstances after the date made.
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Investor & Media Contacts
William Jones, Tanya Kamatu
Catalyst Global
212-924-9800
bkyi@catalyst-ir.com