BIO-key Int.

BIO-key International, Inc. engages in the provision of identity and access management (IAM) platform.The firm's products include multi-factor authentication, self-service password reset, single sign-on, fingerprint scanners, and civil and large-scale identification.It offers its services to the education, financial, government, healthcare, manufacturing, and retail industries.The company was founded on January 7, 1993 and is headquartered in Wall, NJ.

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BIO-key Boosts Revenue, Launches New IAM Product

BIO-key International has shown notable improvements in its financial and operational performance in Q1 2024, marked by increased revenues, higher profit margins, and reduced losses. The company's strategic initiatives and new product launches are set to address the expanding market needs in identity management, despite facing challenges related to inventory management and market competition.

BIO-key reports Q2 revenue decline, focuses on growth strategies

BIO-key's Q2 2024 performance was impacted by revenue decline from software contract delays.
Despite challenges, the company showcased strengths in new product offerings and global market expansion.
Opportunities lie in strategic partnerships and CEO optimism for future growth and profitability.

BIO-key Int. (BKYI) reports robust Q3 performance and growth opportunities

BIO-key International demonstrated strong revenue growth and margin improvements in Q3 '24, driven by high-margin license revenue and cost controls.
The company's focus on enhancing security, reducing fraud, and expanding market reach through strategic partnerships positions them for future success.
While challenges in achieving profitability persist, BIO-key's strategic initiatives and focus on recurring revenues offer promising growth prospects.

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BIO-key International, Inc. engages in the provision of an identity and access management platform. The firm's products include PortalGuard, Admin Panel, Hardware, Identity-Bound Biometrics, and MobileAuth. It offers its services to the education, finance, government, healthcare, manufacturing, and retail industries. The company was founded on January 7, 1993 and is headquartered in Holmdel, NJ.

BRIDGETOWN, Barbados and HOLMDEL, N.J., Feb. 06, 2024 (GLOBE NEWSWIRE) -- BIO-key ® International, Inc. (NASDAQ: BKYI), an innovative provider of passwordless, phoneless, and token-less Identity and Access Management (IAM) Multifactor Authentication (MFA) solutions, announced that the City of Bridgetown Co-operative Credit Union Ltd. (COB) has selected BIO-key's PortalGuard platform with Identity-Bound Biometrics (IBB), to transform its secure login methodologies for staff access to critical systems and data. COB has multiple locations supporting more than 60,000 members in Barbados.

Bridgetown, Barbados Credit Union Selects BIO-key's PortalGuard to Enhance Access to Shared Workstations Including Biometrics

Spain's Grupo Tragsa (Tragsa Group) has partnered with Factum España to implement BIO-key's AuthControl Sentry solution for Secure Login and Authentication

Tragsa Group Enhances Cybersecurity with BIO-key's Multi-Factor Authentication Solution

Haver & Boecker Implements Single Sign-On (SSO) with Multifactor Authentication via P&W Netzwerk and BIO-key Europe to Secure and Streamline User Access

Digital Authentication, Identity and Access Management Provider BIO-key to Participate and Present at The Microcap Conference Jan. 31 in Atlantic City, NJ

NJ-based Authentication Solutions Provider BIO-key to Review Growth Strategy and Progress at The Microcap Conf. in Atlantic City – Presentation Wed.

Fargo, ND and Junction City, KS Choose BIO-key PortalGuard For Secure Access via Biometric Authentication. Expect lower costs and superior user experience

Fargo, ND and Junction City, KS Choose BIO-key PortalGuard For Secure Access via Biometric Authentication

HOLMDEL, N.J., Jan. 10, 2024 (GLOBE NEWSWIRE) -- BIO-key® International, Inc. (NASDAQ: BKYI), an innovative provider of workforce and customer Identity and Access Management (IAM) featuring passwordless, phoneless and token-less FIDO and Passkey authentication solutions through its unique Identity Bound Biometrics (IBB) capabilities, announced that its Access Management platform, PortalGuard® IDaaS was selected as the winner of a 2024 BIG Innovation Award presented by the Business Intelligence Group in the Software category.

BIO-key PortalGuard Wins 2024 Business Intelligence Group's BIG Innovation Award for its Authentication Software

COPENHAGEN, Denmark and HOLMDEL, N.J., Jan. 08, 2024 (GLOBE NEWSWIRE) -- BIO-key ® International, Inc. (NASDAQ: BKYI), an innovative provider of workforce and customer Identity and Access Management (IAM) featuring passwordless, phoneless and token-less Identity-Bound Biometric (IBB) authentication solutions, today announced the Ministry of Foreign Affairs of Denmark is enhancing its digital security infrastructure for 4,500 users worldwide.

Denmark's Ministry of Foreign Affairs Bolsters Network Security via IT2Trust and BIO-key®

HOLMDEL, N.J. and LISBON, Portugal, Jan. 02, 2024 (GLOBE NEWSWIRE) -- BIO-key ® International, Inc. (NASDAQ: BKYI), an innovative provider of workforce and customer Identity and Access Management (IAM) featuring passwordless, phoneless and token-less Identity-Bound Biometric (IBB) authentication solutions, today announced the Judiciary Police of Portugal (Polícia Judiciária) has significantly enhanced its operational security by implementing a robust Virtual Private Network (VPN) secured by BIO-key Swivel Secure authentication technology AuthControl Sentry.

Portugal's Judiciary Police Enhances Security Infrastructure via Securnet and BIO-key

HOLMDEL, N.J. and MADRID, Spain, Dec. 27, 2023 (GLOBE NEWSWIRE) -- BIO-key ® International, Inc. (NASDAQ: BKYI), an innovative provider of workforce and customer Identity and Access Management (IAM) featuring passwordless, phoneless and token-less Identity-Bound Biometric (IBB) authentication solutions, announced today that Carrefour, a leading global retailer, is integrating BIO-key's AuthControl Sentry® cloud solution in Spain in collaboration with Evolutio, a trusted partner of BIO-key's Swivel Secure Europe subsidiary.

Carrefour Strengthens Enterprise Cybersecurity in Spain with BIO-key's AuthControl Sentry® Cloud Solution in Partnership with Evolutio

WALL, N.J., Dec. 19, 2023 (GLOBE NEWSWIRE) -- BIO-key International, Inc. (Nasdaq: BKYI), an innovative provider of workforce and customer identity and access management (IAM) solutions featuring Identity-Bound Biometrics (IBB), today announced that it has approved a 1-for-18 reverse stock split that will become effective with the commencement of trading on December 21, 2023. BIO-key stockholders approved a proposal last week to allow the Board to proceed with a reverse split to assist the Company in its effort to regain compliance with the minimum bid price requirement.

Following Stockholder Approval, BIO-key Announces 1-for-18 Reverse Stock Split to Regain Compliance with Nasdaq Minimum Bid Price Requirement

ZANESVILLE, Ohio and HOLMDEL, N.J., Dec. 14, 2023 (GLOBE NEWSWIRE) -- BIO-key® International, Inc. (NASDAQ: BKYI), an innovative provider of workforce and customer Identity and Access Management (IAM) featuring passwordless, phoneless and token-less Identity-Bound Biometric (IBB) authentication solutions, announced that its longstanding customer Genesis HealthCare System, the largest healthcare provider in its six-county region of Ohio, will add BIO-key's PortalGuard IAM platform to support its existing BIO-key biometric authentication investment as it migrates to Epic Systems' Hyperdrive end-user application interface.

Genesis HealthCare System Builds on its Investment in BIO-key Biometric Authentication Security as it Migrates to Epic Hyperdrive

BIO-key and Ping Identity announced that BIO-key's unique biometric authentication technology is now included on the Ping Identity integration platform.

BIO-key Partners with Ping Identity to Bring its Cutting-Edge Biometric Authentication to Ping Customers

BIO-key Showcases Identity, Authentication Innovations to Executives at Boston Cybersecurity Summit; Highlights phoneless, tokenless passwordless solutions

BIO-key Showcasing Unique Identity, Authentication Innovations to Executives at Invite-Only Boston Cybersecurity Summit

BIO-key was awarded an $800K follow-on order for biometric user authentication from a leading government defense ministry, following two orders in Q3.

BIO-key Awarded $800K Follow-On Order for Biometric User Authentication from Leading Government Defense Ministry

HOLMDEL, N.J., Oct. 31, 2023 (GLOBE NEWSWIRE) -- BIO-key ® International, Inc. (NASDAQ: BKYI), an innovative provider of workforce and customer Identity and Access Management (IAM) featuring passwordless, phoneless and token-less Identity-Bound Biometric (IBB) authentication solutions, today announced the closing of its previously announced public offering of 21,430,000 units, with each unit consisting of one share of common stock (or a pre-funded warrant in lieu thereof) and one warrant to purchase one share of common stock.

BIO-key International Announces Closing of $3.75 Million Public Offering

HOLMDEL, N.J., Oct. 30, 2023 (GLOBE NEWSWIRE) -- BIO-key ® International, Inc. (NASDAQ: BKYI), an innovative provider of workforce and customer Identity and Access Management (IAM) featuring passwordless, phoneless and token-less Identity-Bound Biometric (IBB) authentication solutions, today announced the pricing of its public offering of 21,430,000 units, with each unit consisting of one share of common stock (or a pre-funded warrant in lieu thereof) and one warrant to purchase one share of common stock.

BIO-key International Announces Pricing of $3.75 Million Public Offering

The Ministry of Defense of Montenegro has deployed AuthControl Sentry for secure IAM for all of the Ministry's government employees through BIO-key, Int'l.

Montenegro Ministry of Defense Selects BIO-key for Secure Data Access for All Ministry Employees With Multi-factor Authentication and Single Sign-On

Logistics Provider ALPI Portugal Selects BIO-key for Secure Data Access, Including Multi-factor Authentication & Single Sign-On, Both Internally & for B2B

Logistics Provider ALPI Portugal Selects BIO-key for Secure Data Access, Including Multi-factor Authentication and Single Sign-On, Both Internally and for B2B

Digital Authentication and Identity Provider BIO-key Sees Q3 Revenues Rising over 30% to $1.8M on Strength in Software License Fees, Services and Hardware

Digital Authentication and Identity Provider BIO-key Sees Q3 Revenues Rising over 30% to $1.8M on Strength in Software License Fees, Services and Hardware Sales

BIO-key Sponsors Industry-Leading Cybersecurity Conference, ISC2 Security Congress 2023, in Nashville, TN, October 25 – 27, 2023 (Booth #113)

Identity & Access Management Solutions Provider BIO-key is Sponsoring FIDO Alliance's Authenticate 2023 Conference in Carlsbad, CA, October 16-18, 2023.

Identity and Access Management Solutions Provider BIO-key Sponsors FIDO Alliance's Authenticate 2023 Conference in Carlsbad, CA, October 16-18, 2023 (Booth #19)

BIO-key will participate in the 2023 Maxim Virtual Tech Conference October 10th-11th and join the Identity Panel discussion Tuesday, Oct. 10th at 12:30 ET

Identity and Access Management Solutions Provider BIO-key to Participate in Digital Identity Panel at the Maxim Group Virtual Tech Conference, Tues. Oct. 10th at 12:30pm ET

NEW YORK and WALL, N.J., Aug. 31, 2023 (GLOBE NEWSWIRE) -- BIO-key ® International, Inc. (Nasdaq: BKYI), an innovative provider of workforce and customer Identity and Access Management (IAM) and Identity-Bound Biometric (IBB) solutions will participate at H.C.

Identity and Access Management Provider BIO-key to Participate at H.C. Wainwright Investment Conference in New York City, Sept.

BIO-key International, Inc. (NASDAQ:BKYI ) Q2 2023 Earnings Conference Call August 15, 2023 10:00 AM ET Company Participants Bill Jones – Investor Relations Mike DePasquale – Chairman and Chief Executive Officer Ceci Welch – Chief Financial Officer Conference Call Participants Jack Vander Aarde – Maxim Group Operator Good morning, everyone. Thank you for standing by, and welcome to BIO-key International Second Quarter 2023 Conference Call.

BIO-key International, Inc. (BKYI) Q2 2023 Earnings Call Transcript

WALL, N.J. , Aug. 14, 2023 (GLOBE NEWSWIRE) --   BIO-key ® International, Inc. (Nasdaq: BKYI), an innovative provider of workforce and customer Identity and Access Management (IAM) and Identity-Bound Biometric (IBB) solutions, today reported results for its second quarter ended June 30, 2023 (Q2'23). BIO-key will host an investor call tomorrow at 10:00 a.m. ET (details below) to review its results and outlook.

News for BIO-key Int. Stock (BKYI)