WALL, N.J., Nov. 27, 2017 (GLOBE NEWSWIRE) -- BIO-key International, Inc. (Nasdaq:BKYI), an innovative provider of biometric-enabled software, hardware and consumer products providing strong security and convenient user access, today announced a project with the Province of British Columbia to use BIO-key’s fingerprint authentication solution, WEB-key, for positive biometric ID. This latest project leverages BIO-key’s core technology as well as international standards to provide biometric enrollments that can securely and conveniently bridge the gap between physical access and logical access control systems.
In January 2012, the B.C. government selected BIO-key to provide a fingerprint authentication solution to enable secure self-service access for identity information management and authentication services. With today’s announcement, the BIO-key technology is being deployed into new areas, leveraging biometric authentication to augment more traditional physical access control security measures within one of the Province’s new state-of-the-art facilities.
“Supporting government organizations and their online security infrastructure has always been a core strength of our company,” stated Mike DePasquale, CEO of BIO-key. “By leveraging international standards for biometric data, BIO-key is able to provide the Province with a flexible, secure, and highly scalable platform for managing biometrics across a broader range of use-cases. It’s particularly gratifying when an existing customer expands his or her use of our solutions. Our long-term track record in providing scalable, interoperable and world-class software and hardware solutions that meet regulatory requirements distinguishes BIO-key as a trusted government partner. Importantly, the efficiency, enhanced workflows and audit trails enabled by our biometric solutions also deliver attractive long-term returns to our customers.”
This project is a testament to the Province’s forward-looking approach in leveraging its investment in identity and authentication services, as well as BIO-key’s ability to deliver a flexible biometric platform capable of accommodating new identity and authentication requirements.
About BIO-key International, Inc. (www.bio-key.com)
BIO-key is revolutionizing authentication with biometric solutions that enable convenient and secure access to devices, information, applications and high-value transactions. BIO-key’s software and hardware finger scanning solutions offer secure, user-friendly and attractively priced alternatives to passwords, PINs, tokens and security cards, enabling enterprises and consumers to secure their networks and devices as well as their information in the cloud.
Now BIO-key’s TouchLock line of fingerprint and Bluetooth-enabled padlocks brings the security and ease of use of biometric technology to your home, office, school, gym or pastimes. Available at a growing base of retail and e-tail outlets and via www.shopbio-key.com, these innovative padlocks provide even more ways to “BIO-key your world.”
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 develop new products and evolve existing ones, market acceptance of biometric solutions generally and our specific offerings, our ability to expand into the Asian market, the impact on our business of the past financial crisis in the global capital markets, and our ability to attract and retain key personnel. For a more complete description of these and other risk factors that may affect the future performance of BIO-key International, Inc., see "Risk Factors" in the Company's Annual Report on Form 10-K for the year ended December 31, 2016 and its 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. 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