BIO-key Announces U.S. Sales Launch of its “TouchLock™” Line of Biometric and Bluetooth Enabled Padlocks
November 01 2017 - 7:57AM
BIO-key International, Inc. (Nasdaq:BKYI), an
innovative provider of biometric software and hardware solutions
for strong and convenient user authentication as well as
biometric-based consumer products, announced today the U.S. sales
launch of its TouchLock™ line of biometric and Bluetooth enabled
padlocks and bicycle locks. A selection of TouchLock products are
now available for purchase through the company’s newly developed
e-Commerce website (shopbio-key.com) and via
Amazon.com as well as in select stores in the
coming weeks and months via established retail and distribution
partners.
A photo accompanying this announcement is
available at
http://www.globenewswire.com/NewsRoom/AttachmentNg/37c68aa6-0ece-4172-9b8d-390d8116a984
http://www.globenewswire.com/NewsRoom/AttachmentNg/c88b5beb-c20f-48f2-9bcc-87579b9b18bf
http://www.globenewswire.com/NewsRoom/AttachmentNg/d8209a3d-59d6-4252-80b3-ab08af697af3
"Following initial sales in Asia, we are pleased
to make our TouchLock Line - named the 'next evolution of padlocks'
– directly available to consumers in the United States. We have
received strong interest in the TouchLock line since debuting
prototypes at CES 2017, and we anticipate strong customer demand,"
stated Scott Mahnken, VP Marketing, BIO-key.
“We are significantly expanding our retail sales
footprint, including the launch of BIO-key’s own e-commerce website
and Amazon to complement our distribution efforts
in both traditional and online channels over the coming months. We
will continue to add new TouchLock products in different
configurations and colors through the balance of the
year."
Currently available offerings include:
- TouchLock XL BT offers two secure options for
opening the lock. Using the TouchLock App, Bluetooth and your
smartphone, customers can open their lock using the fingerprint
reader application or by entering a PIN number, both on their
phone. TouchLock XL BT comes in brushed silver and a variety
of vibrant colors.
[http://www.bio-key.com/products/touchlock-bt-xl/]
- TouchLock TSA is designed for travelers and
utilizes an embedded fingerprint reader to open the lock. The lock
meets U.S. Transportation Security Administration (TSA) travel lock
standards including the ability for airport security to open the
lock using a TSA master
key.[http://www.bio-key.com/products/touchlock-tsa/]
- TouchLock Designer series offers compact, one
touch fingerprint locks in a variety of vibrant colors and
patterns. These eye-catching locks were designed to protect
handbags, laptop bags, purses, backpacks, briefcases, and other
small to mid-size portable personal items. In addition to adults,
kids and teens are an ideal target market for the Design
series. [http://bio-key.com/products/touchlock-designer-series/]
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 secure
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, including
SideSwipe, SideTouch,
EcoID and SidePass, offer
market-leading quality, performance and price. BIO-key is now
bringing the power and ease of use of biometric technology to its
just launched TouchLock line of biometric and
Bluetooth enabled padlocks – thereby providing even more ways to
BIO-key your world!
BIO-key Safe Harbor
StatementCertain statements contained in this press
release may be construed as "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, market acceptance of biometric solutions generally
and our specific offerings, our ability to expand into the Asian
market, the impact on our business of the past financial crisis in
the global capital markets or 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, 2016 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.
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InternationalTwitter –
Corporate: @BIOkeyIntlTwitter
– Investors: @BIO_keyIR
Investor & Media
ContactsWilliam Jones, Tanya KamatuCatalyst
Global212-924-9800bkyi@catalyst-ir.com
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