Carrefour Strengthens Enterprise Cybersecurity in Spain with BIO-key’s AuthControl Sentry® Cloud Solution in Partnership with Evolutio
December 27 2023 - 4:59AM
BIO-key® International, Inc. (NASDAQ: BKYI), an innovative provider
of workforce and customer Identity and Access Management (IAM)
featuring passwordless, phoneless and token-less Identity-Bound
Biometric (IBB) authentication solutions, announced today that
Carrefour, a leading global retailer, is integrating BIO-key’s
AuthControl Sentry® cloud solution in Spain in collaboration with
Evolutio, a trusted partner of BIO-key’s Swivel Secure Europe
subsidiary. The strategic collaboration is part of Carrefour’s
ongoing commitment to operational excellence and data security.
AuthControl Sentry is now a key component in
safeguarding the authentication process for Carrefour’s 6,500
Spanish employees. The solution protects access to critical
services and reinforces the company’s dedication to the highest
standards of data security and privacy.
Alex Rocha, Managing Director of BIO-key Europe,
commented, “We are honored to have leading global retailer
Carrefour implement our AuthControl Cloud Sentry solution in Spain.
This collaboration, facilitated by our partner Evolutio, showcases
the security, versatility and reliability of our products in
meeting the complex cybersecurity needs of large-scale
organizations. BIO-key Europe is committed to delivering top-tier
security solutions that empower businesses like Carrefour to
operate with confidence and resilience in an increasingly digital
world. Our AuthControl solution not only enhances operational
efficiency but also ensures the utmost security for our customers,
their employees and critical data.”
About BIO-key International,
Inc. (www.BIO-key.com)BIO-key is revolutionizing
authentication and cybersecurity with biometric-centric,
multi-factor identity and access management (IAM) software securing
access for over thirty-five million users. BIO-key allows customers
to choose the right authentication factors for diverse use cases,
including phoneless, tokenless, and passwordless biometric options.
Its hosted or on-premise PortalGuard IAM solution provides
cost-effective, easy-to-deploy, convenient, and secure access to
computers, information, applications, and high-value
transactions.
About Evolutio
(www.evolutio.com/)Evolutio is the trusted technological partner
that any company needs. Evolutio consultants are experts in the
integration of cloud services for multinational and domestic
companies in the Spanish market. Its objective is to boost the
agility, flexibility and capacity for innovation of clients,
helping them to achieve the maximum possible value from their
business and accompanying them in their digitization process.
Headquartered in Madrid, Evolutio has a track record of over 30
years of experience in the IT sector.
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 raise
additional capital to satisfy working capital needs; our ability to
continue as a going concern; our ability to regain compliance with
the Nasdaq continued listing standards, market conditions and the
impact of the reverse stock split on the trading price of our
common stock; 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 convert sales opportunities to customer contracts;
our ability to expand into Asia, Africa and other foreign markets;
our ability to integrate the operations and personnel of Swivel
Secure into our business; fluctuations in foreign currency exchange
rates; 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 "Risk Factors" in our Annual Report on
Form 10-K for the year ended December 31, 2022 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, we
undertake no obligation to disclose any revision to these
forward-looking statements whether as a result of new information,
future events, or otherwise.
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https://www.facebook.com/BIOkeyInternational |
LinkedIn – Corporate: |
https://www.linkedin.com/company/bio-key-international |
Twitter – Corporate: |
@BIOkeyIntl |
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@BIO_keyIR |
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Investor ContactsWilliam Jones, David
CollinsCatalyst IRBKYI@catalyst-ir.com or 212-924-9800
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