BIO-key Releases Updates of its Biometric Authentication Software and Algorithms for Flexible Identity Services
January 18 2018 - 7:59AM
BIO-key International, Inc.
(OTCQB:BKYI), an innovative provider of biometric software and
hardware solutions for strong and convenient user authentication,
today released updates of its biometric service platform, WEB-key
4.0, and core biometric algorithm software, VST 6.6, offering
enhanced capabilities, expanded scanner interoperability and
support for new authentication methods in a new service framework
that transitions seamlessly from cloud-based, to on-premise, or
even device-based operations.
With the release of WEB-key 4.0, BIO-key is
meeting growing demand from enterprise customers to deploy and
manage a cloud-hosted or on-premise common biometric service
centralizing strong authentication and identification for their
employees and customers. BIO-key’s marquee customers,
including several members of the Fortune 500, government agencies,
insurance companies, international banks, and a range of OEM
partners, are already deploying WEB-key 4.0, reaping the benefits
of the next-generation platform in addressing identity and access
management (IAM) challenges, while eliminating friction from
their user experience. BIO-key’s patented WEB-key
platform provides enterprises with a secure, scanner-agnostic
architecture allowing total flexibility when mixing and matching
every component of a next-generation IAM solution, from fingerprint
scanners, to web browser, virtualization stack, and infrastructure.
Once the common biometric service of WEB-key is in place, BIO-key’s
family of ID Directors integration adapters, including the new ID
Director for SAML IdP, allows customers to connect their existing
IAM infrastructure, applications, and even physical security
systems to leverage the common biometric services. “We have
customers who have deployed BIO-key’s common biometric services for
everything from cabinet locks in retail stores to network logins
over VMware and Citrix for retail and call centers, mixing and
matching among four or five different fingerprint scanners,” said
Jim Sullivan, BIO-key SVP Strategy and Business Development.
“For our customers, it’s all about being the most flexible
platform, so they can actually put their biometric service in front
of users. This ability is the tipping point for achieving
biometrics ROI and is driving the growing success for our
platform.”
WEB-key 4.0 is a robust and
secure software authentication platform supporting multiple
biometric modalities, including BIO-key’s award-winning fingerprint
technology that is interoperable with most fingerprint readers on
the market today and yester-year. Broad device compatibility
provides for flexibility in deployments, now and into the
future.
New features in WEB-key 4.0 include:
- Support for One-Time-Passwords (OTP) – hardware or software
based, Prox cards, Challenge Response Questions, passwords and
PINs.
- Updated user interface presentation for ‘skins’ that are
defined in HTML for expansive customization and branding
potential.
- Support for Chrome, Microsoft Edge, Internet Explorer and
Firefox browsers through new ‘Plug-Out’ style interfaces which
operate outside of a browser, yet integrated to its operation.
- Support for device based authentication via Windows Biometric
Framework.
- Expanded Audit Logs, enabling expansive support for validating
any authentication or enrollment, including location, application
and device information as possible fields.
- WEB-key 4.0 sheds some older methods of integration, such as
Active-X, to deliver a cleaner, more functional interface that
integrates smoothly into many applications while providing the
developer with more control of the application.
VST (Vector Segment Technology™)
6.6 is the latest version of BIO-key’s industry-leading
NIST-tested, core fingerprint algorithm which has demonstrated
exceptional speed and accuracy over two decades of active use.
BIO-key’s VST algorithm is utilized in some of the world’s largest
biometric deployments, including financial services, manufacturing,
call centers, education, healthcare and government. BIO-key has
successfully enrolled over a billion fingerprints.
New features in VST 6.6 include:
- Windows, MAC OS X, and Linux platform support in the VST 6.6
software developer kit (SDK).
- Android is forecasted to be included in the Q2 update.
- VST 6.6 supports biometric reader hardware for virtual
environments in Citrix, Remote Desktop and VMware Horizon.
- Intelligent Image Indexing™ (I3) APIs in C++, Java and .NET
programming languages, enable expanded database indexing
distribution for scaling and fault tolerance.
- VST 6.6 adds two new algorithms for small area sensors and
image correlation for very small image sources. These complement
existing support for BIO-key's proprietary template for high
accuracy and full one-to-many indexing identification, as well as
standards-based [fingerprint] templates like ISO 19794-2 and
INCITS/ANSI 378.
- VST 6.6 also includes a new indexing algorithm for one-to-many
indexed identification searches that can leverage the host’s CPU as
well as the NVIDIA graphics processing unit (GPU) for highly
parallel operations.
- Additionally, VST 6.6 offers standalone biometric support that
can be embedded into virtually any application or platform, thereby
enabling biometrics where the broader features and services of
BIO-key’s WEB-key solution are not required.
“The advances in our new software releases reflect our
customers’ growing needs for multi-factor authentication and higher
security. We have also addressed needs for scalability with faster
indexing search speeds as well as GPU (Graphic Processing Unit)
acceleration. Our new indexing is an order of magnitude faster than
our prior release, and with the highly parallel GPU environment we
are able to accelerate again by an order of magnitude or more,
depending on the GPU capabilities. WEB-key also now includes
certificate pairing between applications and the authentication
server, enabling a tighter lock between the approved servers for
access and the WEB-key authentication service,” stated Mira LaCous,
Chief Technology Officer, BIO-key.
LaCous continued, “Our commitment has always been to develop and
deliver biometric based software solutions that are flexible and
can meet today’s demands for advanced authentication security. Our
scientists and engineers are focused on building enhancements to
authentication accuracy and related security requirements, all
while being compatible with virtually every platform and device
meaningful to customers and their use cases. We seek to empower
change in the organization for better security and accountability –
which are key factors to reduce threats of intrusion and data
loss.”
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 high-stakes
transactions. We offer alternatives to passwords, PINs, tokens and
cards that make it easy for enterprises and consumers to secure
their devices as well as information in the cloud. BIO-key provides
NIST approved biometric algorithms and software
solutions, complemented with a line of finger scanning devices
offering market-leading quality and performance. BIO-key has also
launched a line of TouchLock biometric and
Bluetooth enabled padlocks, including travel and bicycle locks,
bringing the security and ease-of-use of biometric technology to a
wide variety of applications.
BIO-key Safe Harbor StatementAll statements
contained in this press release other than statements of historical
facts 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 not
guarantees of future performance or events and are subject to risks
and uncertainties that may cause actual results to differ
materially from those included within or implied by such
forward-looking 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, 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, 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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Investor & Media ContactsWilliam Jones, Tanya
KamatuCatalyst
Global212-924-9800bkyi@catalyst-ir.com
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