BIO-key(R) Introduces Adaptive Multifactor Authentication WEB-key 3.5
May 08 2014 - 8:00AM
Marketwired
BIO-key(R) Introduces Adaptive Multifactor Authentication WEB-key
3.5
Supports Biometric, Prox Cards & Challenge Response
Questions
WALL, NJ--(Marketwired - May 8, 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 is
introducing an adaptive multifactor authentication solution with
its release of WEB-key 3.5.
WEB-key, leveraging BIO-key's NIST validated VST version 6.5
algorithm, is one of the most accurate fingerprint authentication
solutions available today. WEB-key delivers a secure
authentication framework; with session tracking and unique
encryption for each transaction, utilizing structured interfaces
and controls, leveraging BIO-key's patents for "System and Methods
for Secure Biometric Authentication" and "Biometric Identification
Network Security". WEB-key 3.5 supports biometric, prox cards
and challenge response authentication modalities. New APIs in
the WEB-key client allow for broader and easier use on Android, as
well as enhanced security architecture for mobile environments.
"With the release of WEB-key 3.5, we address the growing demand
for strong yet adaptive authentication methods across all verticals
and essential mobile end points," stated Mira LaCous BIO-key's
Chief Technology Officer. "Today, customers must consider
issues such as interoperability to mobile, scalability for high
demand and operation within many vendor based applications when
building their security platforms. WEB-key 3.5 delivers
unparalleled flexibility supporting multiple authentication methods
across clients on laptops, tablets, and phones. The addition
of BIO-key's ID Director product suite adds in the integration to
Active Directory, as well as many enterprise vertical products such
as IBM ISAM for Web, CA SiteMinder® and electronic healthcare
record management systems including Epic, Allscripts, Caradigm and
more. ID Director can also tie in additional authentication
modes like One-Time-Pin (OTP) authentication systems."
LaCous added "Our healthcare customers in particular, need the
ability to authenticate using multiple modalities, in order to meet
two-factor compliance requirements. Adaptive authentication
provides secure alternative authentication methods for
non-biometric enabled endpoints to accommodate additional strong
factors when required. This release also expands features of
supported systems, including Linux servers and Android mobile
clients, in addition to expanding on BIO-key's interoperability
with the majority of fingerprint readers available today; allowing
our customers to truly future-proof their authentication
process."
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.
Investor & Media 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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