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.

DALLAS, Texas and WALL, N.J., Nov. 03, 2021 (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 America's Auto Auction (AAA) www.americasautoauction.com a full spectrum dealer services company headquartered in Dallas, Texas, has selected BIO-key's PortalGuard® Identity-as-a-Service (IDaaS) platform. With 23 locations nationwide, America's Auto Auction is one of the fastest-growing auctions in the US and has chosen to partner with BIO-key to enhance access security and support delivery of cloud desktops, applications, and workstations from the public cloud.

America's Auto Auction Selects BIO-key's PortalGuard Identity-as-a-Service (IDaaS) Identity and Access Platform

WALL, N.J., Nov. 01, 2021 (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 Oklahoma Wesleyan University (OKWU), in Bartlesville, OK, has selected BIO-key's PortalGuard® Identity-as-a-Service (IDaaS) platform to provide secure, frictionless identity and access management to its enterprise applications. The addition of OKWU adds to PortalGuard's higher education installed base of over 200 institutions across the U.S.

Oklahoma Wesleyan University Selects BIO-key's PortalGuard Identity-as-a-Service (IDaaS) Platform to Provide Secure, Frictionless Access to Enterprise Applications

WALL, N.J., Oct. 29, 2021 (GLOBE NEWSWIRE) -- BIO-key International, Inc. (NASDAQ: BKYI), an innovative provider of Identity and Access Management (IAM) and Identity-Bound Biometric (IBB) solutions, is proud to be Certified™ by Great Place to Work® for the first time. The prestigious award is based entirely on what current employees say about their experience working at BIO-key. This year, 88% of employees said it's a great place to work – 29 points higher than the average U.S. company.

BIO-key Earns 2021 Great Place to Work Certification™

WALL, N.J., Oct. 27, 2021 (GLOBE NEWSWIRE) -- BIO-key International, Inc. (NASDAQ: BKYI) , an innovative provider of Identity and Access Management (IAM) and Identity-Bound Biometric (IBB) solutions, today announced the company will exhibit at the 2021 Channel Partners Conference and Expo, to be held at the Mandalay Bay, in Las Vegas from November 1-4. As the first IAM supplier to be part of their Master Agent Referral Partner Program, BIO-key will be available for meetings, Q&A sessions, and live demonstrations within the Intelisys booth. Intelisys, a ScanSource company, will be located at booth #1855.

BIO-key Continues to Expand Channel Alliance Partner Program by Exhibiting at 2021 Channel Partners Conference & Expo November 1-4

WALL, N.J., Oct. 20, 2021 (GLOBE NEWSWIRE) -- BIO-key International, Inc. (NASDAQ: BKYI), an innovative provider of Identity and Access Management (IAM) and Identity-Bound Biometric (IBB) solutions, today announced the company will exhibit at the 2021 EDUCAUSE Annual Conference, to be held at the Pennsylvania Convention Center, in Philadelphia from October 26-29. BIO-key will be available for meetings with their 200+ higher education customers and attendees, Q&A sessions, and live demonstrations of their award-winning PortalGuard IAM platform at booth 638.

BIO-key to Showcase PortalGuard IAM Platform and Higher Education Expertise at Booth 638 at 2021 EDUCAUSE Annual Conference October 26-29

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The 3 Best Biometric Stocks for a Future Dependent on Digital IDs

WALL, N.J., Oct. 06, 2021 (GLOBE NEWSWIRE) -- BIO-key International, Inc. (NASDAQ: BKYI) , an innovative provider of Identity and Access Management (IAM) and Identity-Bound Biometric (IBB) solutions, will attend and serve as a bronze sponsor of the 2021 National Association of State Chief Information Officers ( NASCIO) Annual Conference , which will take place from October 10 - October 13 in Seattle, WA. BIO-key is attending as a proud Corporate Member of NASCIO, which fosters government excellence through the leadership of quality business practices, information management, and technology.

BIO-key to Sponsor and Attend the 2021 National Association of State Chief Information Officers (NASCIO) Annual Conference, October 10-13 as Cybersecurity Remains a Top Priority

WALL, N.J., Oct. 01, 2021 (GLOBE NEWSWIRE) -- BIO-key International, Inc. (NASDAQ: BKYI), an innovative provider of Identity and Access Management (IAM) and Identity-Bound Biometric solutions, today announced the company will be a sponsor and exhibitor at the 2021 Connect:ID Identity Conference and Exhibition, which will be held at the Walter E. Washington Convention Center in Washington, DC from October 5-6. BIO-key will be available for Q&A sessions and live demonstrations of their industry-leading Identity-Bound Biometric software and hardware solutions at booth 441. In addition, BIO-key's own Michael DePasquale, Chairman and CEO, and Jim Sullivan, Senior Vice President of Strategy and Compliance and CLO, will be featured experts on multiple agenda sessions.

BIO-key to Showcase Identity-Bound Biometric Solutions at Booth 441 at Connect:ID Conference October 5-6 and Participate in Multiple Agenda Sessions

Annual Cybersecurity Breakthrough Awards Program Recognizes Top Performers in the Global Information Security Market Annual Cybersecurity Breakthrough Awards Program Recognizes Top Performers in the Global Information Security Market

BIO-key PortalGuard IDaaS Wins 2021 “Access Management Solution of the Year”

WALL, N.J., Sept. 27, 2021 (GLOBE NEWSWIRE) -- BIO-key International, Inc. (NASDAQ: BKYI), an innovative provider of Identity and Access Management (IAM) solutions featuring Identity-Bound Biometrics, today announced the immediate availability of an all-new lineup of BIO-key cryptographic security keys compliant with the FIDO2 authentication standard. FIDO2 is the industry's “something you have” authentication standard addressing the global password problem, standardizing the way applications confirm a person's possession of a cryptographic hardware key. BIO-key FIDO-keys, an affordably priced FIDO2 security key lineup, offer USB-A, USB-C, NFC, and iOS Lightning compatibility along with FIPS 140-2 certified options with on-device biometric verification, all backed by BIO-key's US-based support and integration team.

BIO-key Expands Product Line and Market Reach with Launch of FIDO2 Compliant Security Keys in a Variety of Form Factors

Photo by metamorworks on iStock BIO-key International Inc. (NASDAQ: BKYI) is a leading provider of Identity and Access Management (IAM) solutions integrated with Identity-BoundBiometrics and cybersecurity for enterprises and consumers.

Leading Cybersecurity Provider BIO-key Partners with Intelisys, Expanding Channel Alliance Partner Program and Market Reach

Partnership to Accelerate Growth with Partner Program Partnership to Accelerate Growth with Partner Program

BIO-key Expands Channel Alliance Partner Program with Intelisys

DENVER and WALL, N.J., Sept. 07, 2021 (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 the University of Denver (DU) has selected BIO-key's PortalGuard® IAM platform to enhance access security to their portal and applications. DU, a private research university serving about 12,000 graduate and undergraduate students, is adopting PortalGuard to provide a unified approach to enterprise security and frictionless access to their portal and applications for the entire university community.

University of Denver Selects BIO-key's PortalGuard Identity and Access Mangement (IAM) Platform for Secure, Frictionless Portal and Application Access

WALL, N.J., Aug. 26, 2021 (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 Florida's Orange County Supervisor of Elections Office has selected BIO-key's PortalGuard® Identity and Access Management platform to provide secure, multi-factor authentication (MFA) and access to voter data and files in Florida's fifth-largest county. The decision builds on the Office's earlier deployment of BIO-key's fingerprint biometric solutions.

Orange County, Florida Supervisor of Elections Expands Use of Biometric Authentication With BIO-key's PortalGuard® Identity and Access Management Platform for Secure Election Data Access

BIO-key advances its biometric product lineup with more compact, improved performance scanner BIO-key advances its biometric product lineup with more compact, improved performance scanner

BIO-key Announces Improved Next-Generation EcoID II USB Compact Fingerprint Scanner

BIO-key extends its leadership with comprehensive mobile POS hardware backed by a fully integrated IAM platform BIO-key extends its leadership with comprehensive mobile POS hardware backed by a fully integrated IAM platform

BIO-key Announces New MobilePOS Pro Android All-in-one Terminal Enabling Convenient Biometric-Secured Commerce

BIO-key International, Inc. (BKYI) CEO Michael DePasquale on Q2 2021 Results - Earnings Call Transcript

Shares of BIO-key Intl (NASDAQ:BKYI) fell 8.4% in after-market trading after the company reported Q2 results. Quarterly Results Earnings per share fell 66.67% year over year to ($0.15), which missed the estimate of ($0.11).

Recap: BIO-key Intl Q2 Earnings

WALL, N.J., Aug. 16, 2021 (GLOBE NEWSWIRE) -- BIO-key International, Inc. (Nasdaq: BKYI), an innovative provider of biometric and multi-factor identity and access management (IAM) solutions for strong, convenient user authentication and large-scale identity applications, today reported results for its second quarter and six months ended June 30, 2021 (Q2'21). BIO-key will host a conference call tomorrow at 10:00 a.m. ET (details below) to review its results and outlook.

Identity & Access Management (IAM) Solutions Provider BIO-key Reports Increased Revenue and Reduced Net Loss on Growth in Cloud ID-as-a-Service (IDaaS); Investor Call Tomorrow at 10am ET

WALL, N.J., Aug. 09, 2021 (GLOBE NEWSWIRE) -- BIO-key International, Inc. (NASDAQ: BKYI), an innovative provider of identity access management (IAM) and large scale identity solutions, including industry leading biometric capabilities, will host a conference call to review its second quarter 2021 results on Tuesday, August 17, 2021 at 10 a.m. ET. Results will be released after the market closes on Monday, August 16th. Mike DePasquale, Chairman & CEO, Cecilia Welch, CFO, and Fred Corsentino, Chief Revenue Officer, will participate on the call.

BIO-key a Provider of Identity & Access Management (IAM) Solutions Powered by Biometrics; Hosts Q2 Investor Call Tuesday, Aug. 17th at 10am ET

WALL, N.J., July 15, 2021 (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, today announced its BIO-key MobileAuth™ with PalmPositive™ solution has been selected as the winner of the 2021 Technology Innovation Award in the Biometric Market, conducted by Lucintel, a premier market research, and management consulting firm. This new mobile application is the latest among over sixteen strong authentication factors available for BIO-key's PortalGuard® Identity-as-a-Service (IDaaS) platform that aims to obsolete traditional authentication methods.

Identity & Access Management Provider BIO-key's MobileAuth™ with PalmPositive™ Wins Lucintel 2021 Technology Innovation Award in the Biometric Market

Cybersecurity Remains a Top Priority for County Officials Cybersecurity Remains a Top Priority for County Officials

BIO-key to Showcase PortalGuard IDaaS Identity Platform at Booth 302 at National Association of Counties Annual Conference July 8-12 and Participate in Panel: “Redefining Connectivity to Protect Your Employees, Contractors, and Citizens”

Annual RemoteTech Breakthrough Awards Program Recognizes Innovation in the Global Remote Technology Industry Annual RemoteTech Breakthrough Awards Program Recognizes Innovation in the Global Remote Technology Industry

BIO-key PortalGuard IDaaS Wins “Identity Management Solution of the Year”

WALL, N.J., June 22, 2021 (GLOBE NEWSWIRE) -- BIO-key International, Inc. (NASDAQ: BKYI), an innovative provider of identity and access management (IAM) solutions featuring Identity-Bound Biometrics, today introduced SSO Concierge TM, the latest enhancement to their award-winning PortalGuard platform. SSO Concierge provides single sign-on (SSO) capabilities that eliminate the need for passwords to thick client applications that do not support federated identity management.

BIO-Key Introduces SSO Concierge™ to its PortalGuard Identity & Access Management Platform, Eliminating Passwords for Thick Client Applications

WHITTIER, Calif. and WALL, N.J., June 02, 2021 (GLOBE NEWSWIRE) -- BIO-key International, Inc. (NASDAQ: BKYI), an innovative provider of identity and access management (IAM) solutions featuring biometrics, today announced that Rio Hondo College in Whittier, CA, with more than 19,000 students has selected BIO-key's PortalGuard Identity-as-a-Service (IDaaS) platform to improve their security posture and user experience for access to more than twenty enterprise applications such as Ellucian Banner, Brightspace, Canvas LMS and Microsoft Office 365.

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