Market Overview

BIO-key Biometric Solutions Are Gaining Traction on Capitol Hill

Share:

WALL, N.J., Oct. 22, 2019 (GLOBE NEWSWIRE) -- BIO-key International, Inc. (NASDAQ:BKYI), an innovative provider of biometric authentication and security solutions, today announced that employees working within the Federal legislative branch are now using BIO-key's EcoID to access their Microsoft Windows devices.

EcoID is a compact fingerprint scanner that's been tested and qualified by Microsoft to support Windows 10 biometric sign-in capabilities. Natively integrated within the Microsoft Windows Hello biometric sign-in platform, users simply plug in the scanner, enroll their fingerprints and have immediate biometric sign-on capabilities, allowing them to utilize one-touch biometric authentication in place of passwords or PIN numbers.

Cybersecurity is top of mind on Capitol Hill, and the recent FBI Private Industry Notification report has put all IT leaders on alert. The FBI's research discovered that today's traditional authentication methods are vulnerable and recommended that a biometric or behavioral authentication method be added to be considered strong security.

"We're witnessing an accelerating trend of domestic and international government agencies recognizing that biometrics represent the strongest form of authentication," stated Mike DePasquale, Chairman & CEO, BIO-key. "In this particular case BIO-key is working within the legislative branch of the Federal Government to provide a layer of biometric authentication to secure their devices. In this environment, any device could contain confidential information that might be considered harmful if it were to get into the wrong hands and potentially put our country at great risk. EcoID helps ensure that the person signing-on to the device is the appropriate individual."

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 to make it easy for enterprises and consumers to secure their devices as well as information in the cloud. Our premium finger scanning devices offer market-leading quality, performance and price. BIO-key also brings the power and ease of use of biometric technology to its TouchLock line of biometric and Bluetooth enabled padlocks – providing 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 ability to develop new products and evolve existing ones, customer and market acceptance of biometric solutions generally and our specific offerings, our ability to expand sales within existing customer relationships, our ability to raise additional capital, 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, 2018 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.

Facebook – Corporate:  BIO-key International
Twitter – Corporate: @BIOkeyIntl
Twitter – Investors:  @BIO_keyIR
StockTwits: @BIO_keyIR

Investor & Media Contacts
William Jones, David Collins
Catalyst Global
212-924-9800
bkyi@catalyst-ir.com

Primary Logo

View Comments and Join the Discussion!
 
Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Premarket Activity
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Fintech Focus
A daily collection of all things fintech, interesting developments and market updates.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at vipaccounts@benzinga.com