BIO-key Demonstrates Security and Power of Identity-Bound Biometrics at 2022 Identity Week America October 4–5
October 03 2022 - 7:58AM
BIO-key International, Inc. (NASDAQ: BKYI) will demonstrate its
Identity and Access Management (IAM) and Identity-Bound Biometric
(IBB) solutions at the Identity Week America 2022 Conference (Booth
345) in Washington, DC, Tuesday and Wednesday, October 4-5. BIO-key
has seamlessly integrated the power of Identity-Bound Biometrics
into its PortalGuard® IAM platform and its multi-factor
authentication mobile app, BIO-key MobileAuth™, making it easy to
incorporate the security and convenience of biometrics into any IAM
strategy.
Stop by booth 345 to discover BIO-key's unique
line of hardware and software IAM solutions, including their
unified IAM platform PortalGuard that sets itself apart by offering
Identity-Bound Biometrics, one of many supported methods for its
multi-factor authentication (MFA), single sign-on, and self-service
password reset capabilities. IBB’s inherent security and
flexibility make it ideal for authenticating identities in
password-less, phone-less, token-less, remote work, and zero trust
environments, and for users who roam among shared workstations or
kiosks (such as in retail, healthcare, manufacturing, and contact
centers).
Jim Sullivan, an expert in IAM and biometrics
and BIO-key’s SVP of Strategy and Compliance and Chief Legal
Officer, will be featured in multiple sessions on the conference
agenda. Jim will host a Seminar Theater session on the topic,
“Overcoming an unholy trio of anti-biometric adversaries,” October
4th at 4:20 p.m., discussing how privacy experts, device
manufacturers, and even fraudsters are delaying the adoption of
biometrics for all the wrong reasons. Jim will also host a
roundtable discussion “War stories from the front lines of BIPA
abuse,” October 5th at 12:10 p.m.
Formerly known as Connect ID, Identity Week is
one of the most important identity and authentication events in the
United States, focusing this year on the importance of identity and
trust in our 'new normal' world.
“Identity Week provides an ideal, expanded
platform to highlight the unique ability of our Identity-Bound
Biometrics to establish trust between people completing digital
transactions,” said Michael DePasquale, Chairman and CEO of
BIO-key. “This year is particularly exciting for BIO-key given the
event’s expanded focus on how we can reimagine digital
identity.”
BIO-key will showcase FacePositive™, the newest
IBB-powered modality for its MobileAuth MFA mobile app, which uses
facial recognition to verify the person requesting access, and
builds on PalmPositive™, the app’s palm scanning authentication
method. MobileAuth also now supports device-based biometric
authentication methods including Apple Face ID, Touch ID, and
Android Biometrics, as well as push token authentication support.
These enhancements make biometrics even easier to deploy across a
broader set of use cases and allow customers to further consolidate
their authentication and security needs into one solution.
BIO-key will also demonstrate its hardware
devices:
- Fingerprint
Scanners: BIO-key’s Microsoft-qualified
Windows Hello USB scanners that can be used out of the box with
Windows Hello and Windows Hello for Business or in conjunction with
BIO-key’s Identity Bound Biometrics:
- FBI-certified Mobile ID FAP 50 and
Live Scan (10-Print) Pocket10™ for verification capture in 4-4-2
format.
- PIV-Pro FIPS-201 compliant
scanner
- EcoID™ II scanner
- SidePass Compact USB-A or -C
scanner
- SideSwipe Compact USB-A
scanner
- FIDO Security
Keys: BIO-key offers an affordably priced
FIDO2 security key lineup, with USB-A, USB-C, NFC, and iOS
Lightning compatibility along with FIPS 140-2 certified options
with on-device biometric verification.
- All-in-One POS
Terminal: BIO-key’s MobilePOS Pro is a handheld,
all-in-one, smart Point of Sale (POS) machine, with a built-in
FBI-certified fingerprint module for biometric identification and
verification. Developed for the payment industry, MobilePOS also
suits diverse user scenarios, such as microfinance, SIM
registration, inventory management, and more.
For more information on Identity Week America
2022, please visit the event website. To learn more about BIO-key’s
IAM and IBB solutions, please visit the BIO-key website.
About BIO-key International,
Inc. (www.BIO-key.com) BIO-key has over two decades of
expertise in providing authentication technology for thousands of
organizations and millions of users and is revolutionizing
authentication with biometric-centric, multi-factor identity and
access management (IAM) solutions, including its PortalGuard IAM
solution, that provides convenient and secure access to devices,
information, applications, and high-value transactions. BIO-key's
patented software and hardware solutions, with industry-leading
biometric capabilities, enable large-scale on-premises and
cloud-based Identity-as-a-Service (IDaaS) solutions, as well as
customized enterprise solutions.
BIO-key Safe Harbor Statement
All 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 raise additional capital; our ability to
protect our intellectual property; changes in business conditions;
changes in our sales strategy and product development plans;
changes in the marketplace; continued services of our executive
management team; security breaches; competition in the biometric
technology industry; market acceptance of biometric products
generally and our products under development; the duration and
severity of the current coronavirus COVID-19 pandemic and its
effect on our business operations, sales cycles, personnel, and the
geographic markets in which we operate; delays in the development
of products and statements of assumption underlying any of the
foregoing as well as other factors set forth under the caption see
"Risk Factors'' in our Annual Report on Form 10-K for the year
ended December 31, 2021 and 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. Except as required by law, the Company undertakes
no obligation to disclose any revision to these forward-looking
statements whether as a result of new information, future events,
or otherwise. Additionally, there may be other factors of which the
Company is not currently aware that may affect matters discussed in
forward-looking statements and may also cause actual results to
differ materially from those discussed. In particular, the
consequences of the coronavirus outbreak to economic conditions and
the industry in general and the financial position and operating
results of our Company, in particular, have been material, are
changing rapidly, and cannot be predicted.
Engage with BIO-keyFacebook – Corporate:
https://www.facebook.com/BIOkeyInternational/LinkedIn – Corporate:
https://www.linkedin.com/company/bio-key-internationalTwitter –
Corporate: @BIOkeyIntl Twitter – Investors: @BIO_keyIR StockTwits:
BIO_keyIR
Media Contact Erin KnappMatter on behalf of
BIO-keyBIO-Key@matternow.com
Investor ContactsWilliam Jones, David Collins
Catalyst IR BKYI@catalyst-ir.com212-924-9800
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