BIO-key(R) Expands Partner Sales Network
April 10 2014 - 8:00AM
Marketwired
BIO-key(R) Expands Partner Sales Network
Five Additional Resellers Join Emerging Group
WALL, NJ--(Marketwired - Apr 10, 2014) - BIO-key International,
Inc. (OTCQB: BKYI), a leader in fingerprint biometric
identification technologies, cloud-based mobile credentialing and
identity verification solutions, today reported that the company
continues to advance its reseller sales support network by
announcing the addition of five new sales partnerships.
CAS Severn, a Premier IBM
Business Partner, is a full service technology services company
providing consultation, technology integration, services and
support. CAS Severn supports commercial companies, government
agencies and the education sector helping organizations maximize
their investments in data. CAS Severn specialties include
System and Storage Management, Enterprise Content and Process
Management, IT Staff Augmentation, IT Consulting, Application
Development and Software Integration, Information Risk and Security
Management, DR and Data Services. (www.cassevern.com)
ILANTUS Technologies is an IBM, CA and Oracle partner reseller
and a leading integrated solution provider in the identity
management, access management, access governance, federation and
information security arena. The company specializes in the
convergence of cloud and enterprise. ILANTUS works in partnership
with leading technology companies across the globe to build
identity products and deliver high value identity management,
access management and compliance solutions to customers. The
company supports the banking, financial, healthcare, retail,
manufacturing and the utilities sectors. (www.ilantus.com)
Palmetto Software Group is a consulting and software development
firm specializing in IT security. Palmetto's Identity
Management solutions help companies balance security needs with
usability; offering all the features of identity management --
single sign-on, provisioning, identity life cycle management and
role-based access control. The companies Access Management
Services help reduce costs, strengthen security, and improve
productivity while addressing compliance requirements by removing
the frustration of multiple passwords and eliminating complex
password management policies. (www.thepsg.biz)
Pontis Research, an IBM Advanced Business Partner, is comprised
of a team of highly-specialized security consultants. The company
helps organizations bridge the gap between business initiatives and
IT delivery. Pontis provides a suite of Managed Security,
Identity and Access Management, Role Management, Federation Single
Sign-on and Integrating Identity Reporting
Services. (www.pontisresearch.com)
Prolifics, a multi-award winning IBM reseller, first specialized
in building high-performance transactional systems for many of the
biggest firms on Wall Street. Today with offices throughout North
America, Europe and Asia. Prolifics utilizes its
expertise to offer comprehensive business solutions, having worked
with over 3000 companies, both domestically and internationally,
across a broad range of industries including banking, insurance,
government, telecommunications, manufacturing and brokerage.
(www.prolifics.com)
"By signing world class integration Channel partners of this
magnitude, we enhance our ability to drive revenue, gain order flow
and grow our business," stated Jim Skidmore, SVP Global Sales &
Channel Development at BIO-key. "The mounting interest in our
technology, validated by the ongoing activity in the security
partner channel is quite encouraging as according to industry
estimates, as much as 80% of IBM software and appliance revenue is
generated through their resellers. Consistent with our 2014
Business Plan and through these relationships we are expanding our
pipeline and have already engaged in new deal opportunities."
About BIO-key BIO-key International, Inc., headquartered
in Wall, New Jersey, develops and delivers advanced identification
solutions to commercial and government enterprises, integrators,
and custom application developers. BIO-key's award winning, high
performance, scalable, cost-effective and easy-to-deploy biometric
finger identification technology accurately identifies and
authenticates users of wireless and enterprise applications. Our
solutions are used in local embedded OEM products as well as some
of the world's largest identification deployments to improve
security, guarantee identity, and help reduce identity
theft. BIO-key's technology is offered directly or by market
leading partners around the world. (http://www.bio-key.com)
BIO-key Safe Harbor Statement Certain statements contained in
this press release 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 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, wider market acceptance of biometric
technologies, our ability to raise additional financing, 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, 2013 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 whether to reflect events or circumstances after the
date hereof or otherwise.
Contact: BIO-key
International, Inc. Contact: Jay Meier Vice President
Corporate Development Phone: 651-789-6116 Email:
Jay.meier@bio-key.com
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