BIO-key International, Inc. (NASDAQ: BKYI), an innovative provider
of Identity and Access Management (IAM) and Identity-Bound
Biometric solutions, today announced the company will be a sponsor
and exhibitor at the 2021 Connect:ID Identity Conference and
Exhibition, which will be held at the Walter E. Washington
Convention Center in Washington, DC from October 5-6. BIO-key will
be available for Q&A sessions and live demonstrations of their
industry-leading Identity-Bound Biometric software and hardware
solutions at booth 441. In addition, BIO-key’s own Michael
DePasquale, Chairman and CEO, and Jim Sullivan, Senior Vice
President of Strategy and Compliance and CLO, will be featured
experts on multiple agenda sessions.
The Connect:ID conference will bring together industry leaders
and pioneers to discuss current government policies and provide
insights into the future of identity. The event is a world-class
identity conference and exhibition, showcasing practical
implementations of trusted identity solutions, and highlighting how
disruptive technology and policy decisions are driving much-needed
change. The theme of this year’s event is Identity: Reimagined.
Attendees are invited to stop by booth 441 to learn more about
BIO-key's unique line of IAM solutions, including biometric civil
ID, Multi-Factor Authentication (MFA), and Single Sign On (SSO) for
workforce, customer, and supplier identities, that feature their
exclusive Identity-Bound Biometrics (IBB). IBB fills significant
user experience gaps in mainstream MFA solutions by positively and
conveniently identifying users, not just their device, in
passwordless, phone-less, tokenless use cases, including for remote
workforces and in situations, such as in retail, healthcare,
manufacturing, and call centers, where users rove among shared
workstations or might be distracted by phones or searching for a
hardware token to sign in. BIO-key will be
demonstrating IBB through several supported modes, including their
new MobileAuthTM with PalmPositiveTM mobile application that uses a
phone camera palm scan to positively authenticate users.
BIO-key will also have a full line of hardware devices on
display including:
- Fingerprint Scanners: BIO-key offers a variety
of fingerprint scanners including a line of 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:
- The 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
- The newly released EcoID™ II
- SidePass Compact USB-A or -C scanner
- SideSwipe Compact USB-A scanner
- FIDO Security Keys: BIO-key FIDO-keys are an
affordably priced FIDO2 security key lineup, offering 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 MobilePOS Pro is a handheld, all-in-one,
smart POS machine, with a built-in FBI-certified fingerprint
module for biometric identification and verification. Developed for
the payment industry, BIO-key MobilePOS Pro is
capable of meeting various transaction purposes, but also suits
diverse user scenarios, such as microfinance, SIM registration,
inventory management, and more.
BIO-key’s executive team members will be featured as speakers on
the conference agenda as experts in the areas of identity and
biometrics.
The conference is sponsored by one of the leading biometric
advocacy organizations, the International Biometrics and
Identification Industry Association (IBIA). Michael DePasquale,
BIO-key’s Chairman and CEO, is Vice Chairman and member of the
Board of Directors of the organization and will participate in the
keynote IBIA Plenary Session, on October 6, at 1:20 p.m. In this
session, “Challenges and Opportunities in Biometrics and Identity
Management – An IBIA Perspective,” he will discuss how
organizations can include biometric solutions in their identity
management strategy.
Jim Sullivan, Senior Vice President of Strategy and Compliance,
and Chief Legal Officer at BIO-key, will participate in multiple
sessions including presenting on October 5, at 11:20 a.m. in the
Seminar Theater on the topic, “You’ll know biometrics has arrived
when…” to discuss the indicators that biometrics have become a
mainstream authentication option, and at 2:00 p.m. to host a
roundtable discussion on, “Fiction, FUD, & Friction – was the
demonization of server biometrics a calculated attack?” On October
6, Jim will then join a panel of experts at 11:05 a.m. to discuss
“Cutting Edge IAM”.
"We welcome this opportunity to participate in Connect:ID,” said
Michael DePasquale. “We’re excited to attend and sponsor this event
at such a critical time when we need to reimagine identity and come
together to discuss and understand how we can use technology to
confirm human identity in our physical and digital worlds.”
For more information about the Connect:ID 2021 conference please
visit the conference website. To learn more about BIO-key’s IAM and
Identity-Bound Biometric solutions please visit BIO-key's
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,
multifactor 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 Identity-as-a-Service (IDaaS) solutions
as well as customized enterprise and cloud solutions.
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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; our ability to execute and deliver on
contracts in Africa; our ability to expand into Asia, Africa and
other foreign markets; 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, 2020
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-key: Facebook – 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 BIO-key Media Contact: Erin Knapp Matter
Communications BIO-key@matternow.com
914-260-3158
Investor Contacts: William Jones, David Collins
Catalyst IR BKYI@catalyst-ir.com 212-924-9800
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