Oklahoma Wesleyan University Selects BIO-key's PortalGuard Identity-as-a-Service (IDaaS) Platform to Provide Secure, Frictionless Access to Enterprise Applications
BIO-key International, Inc. (NASDAQ: BKYI), an innovative provider
of workforce and customer identity and access management (IAM)
solutions featuring Identity-Bound Biometrics (IBB), today
announced Oklahoma Wesleyan University (OKWU), in Bartlesville, OK,
has selected BIO-key's PortalGuard® Identity-as-a-Service (IDaaS)
platform to provide secure, frictionless identity and access
management to its enterprise applications. The addition of OKWU
adds to PortalGuard’s higher education installed base of over 200
institutions across the U.S.
OKWU sought a new access management platform to enhance its IAM
security and to streamline and improve the user experience when
accessing enterprise applications and institutional data. Following
a review of alternative solutions, OKWU’s IT team selected
PortalGuard IDaaS because it satisfied important project goals of
enhanced data security and reliability; provides an easy-to-use,
frictionless user interface; and delivers seamless integration to
critical applications, all with lower IT resource costs.
Importantly, PortalGuard IDaaS provides broad support for
Multi-Factor Authentication (MFA), along with Self-Service Password
Reset (SSPR) and Single Sign-On (SSO) capabilities and is quick and
easy to deploy in the cloud.
PortalGuard's policy-driven password security and MFA ensures
that only authorized OKWU faculty, staff, alumni, and students are
able to access enterprise applications by entering just one set of
credentials. This dramatically increases the satisfaction and
productivity of all users, while keeping data secure.
"The PortalGuard IDaaS product is simple to install and
integrate into our customers’ environment while providing a
sophisticated, secure solution with an easy-to-use interface
allowing staff and students to adopt it without any difficulty,"
said Mark Cochran, President of BIO-key - PortalGuard. "PortalGuard
asserts the appropriate levels of IAM security controls to secure
data while also providing accelerated time to value and integrity
to the modern enterprise, which why it is an increasingly adopted,
award-winning single sign-on and identity management platform."
About BIO-key International, Inc.
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.
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:
Corporate: @BIOkeyIntl Twitter – Investors: @BIO_keyIR StockTwits:
BIO_keyIR BIO-key Media Contact:
Erin Knapp Matter Communications
Investor Contacts: William Jones, David Collins
Catalyst IR BKYI@catalyst-ir.com 212-924-9800
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