BIO-key and InterDigital to Introduce OpenID Based Secure Multifactor Authentication for Android Smartphones at Mobile World ...
February 18 2014 - 9:00AM
BIO-key International, Inc. (OTCBB:BKYI), a global leader in
fingerprint biometric identification solutions, advanced mobile
authentication and identity assurance technologies, and
InterDigital, Inc. (Nasdaq:IDCC), a wireless research and
development company, today announced that the companies will
introduce and demonstrate InterDigital's groundbreaking multifactor
authentication (MFA) solution incorporating BIO-key's fingerprint
authentication for the Android mobile platform at Mobile World
Congress (MWC), Barcelona, Spain (February 24-27). The newly
developed solution is the first product to emerge from the
collaborative efforts between BIO-key and InterDigital, announced
in February 2013. The new product will be available for scheduled
demonstrations at
InterDigital's pavilion in
Hall 7 Stand 7A71.
The new product is tailor-made to address consumer
authentication needs for Mobile Network Operators (MNOs) and other
large-scale service providers. Featuring full compliance with
OpenID (OID) and capable of leveraging Trustonic's Global Platform
compliant Trusted Execution Environment and API, InterDigital's MFA
combines the most secure and transparent device level
authentication with user-specific authentication options that
leverage BIO-key's interoperable fingerprint matching capabilities.
The product is designed to utilize a variety of authentication
factors and include support for FIDO authenticators. The
architecture accommodates alternative federated authentication
methods besides OID and BIO-key's existing IAM integration with the
IBM, CA and Oracle security platforms.
InterDigital's MFA architecture incorporates seamless and secure
device-based authentication, isolated from device components which
can be spoofed or cloned. The solution achieves this by
leveraging the hardened and transparent device authentication
technology already in use by MNOs to identify a wireless device,
outside the reach of the applications on the device
itself. Fully backward compatible with existing password-based
authentication systems, once the device is authenticated, the user
is in turn authenticated using BIO-key's WEB-key platform by
swiping on any integrated fingerprint scanner. Biometric
matching may occur either in the device or in the cloud, depending
on the user's preference.
"Consumers are frequently being asked to authenticate to the
services they access on their mobile devices, and the need to
remember multiple passwords, usernames and other credentials is
becoming a serious obstacle to rolling out new, easier-to-use
services. Stronger, more secure authentication that is also
convenient is needed by both consumers and service providers in
order to realize the full potential of what mobile computing brings
to consumers," said Jim Nolan, Executive Vice President, Research
and Development, at InterDigital. "InterDigital's MFA architecture
aims to provide consumers with a seamless and secure authentication
experience, and give service providers a granular authentication
capability that matches the transaction risk with the assurance of
the user accessing the service."
"We have met our development milestones for this project with
InterDigital and together address some of the glaring problems in
contemporary IAM deployments. Consumers are inundated with the
need to remember a plethora of authentication credentials and
desire a user-friendly, frictionless and secure authentication
experience. Users also want the ability to control access to their
own biometric data, wherever it is stored, and shouldn't be
prevented from using it to claim and protect their own identity in
a cloud based identity ecosystem," stated Mike DePasquale,
BIO-key's Chairman and CEO. "Apple created positive momentum
for biometric technology with the iPhone 5S and brought this
technology into the mainstream. Our flexible MFA architecture
embraces both device and network-based authentication capabilities
thus meeting the needs of risk-averse third-party service providers
who want more than closed, device-only authentication approaches.
We see the importance of a hybrid approach to achieve persistent
identity proofing – a long lasting physical to digital identity
mapping that spans devices. This new platform reduces risk to
both service providers and consumers, by enabling secure
enrollment, duplicate enrollment prevention and other fraud
prevention that on-device designs cannot address alone. The
system creates flexibility to authenticate on-device or in the
Cloud, while allowing users the right to maintain privacy and
control their own information."
MWC is recognized as the leading technology and innovation event
for the mobile device and communication industry. The four day
event is attended by more than 72,000 including 41,000 C-Level and
4,300+ CEO's. More than 3,400 members of the press will also
be attending this year's event.
About BIO-key
BIO-key International, Inc., headquartered in Wall, New Jersey,
develops and delivers advanced identification solutions to
commercial and government enterprises, integrators, and custom
application developers. BIO-key's award winning, high
performance, scalable, cost-effective and easy-to-deploy biometric
finger identification technology accurately identifies and
authenticates users of wireless and enterprise applications. Our
solutions are used in local embedded OEM products as well as some
of the world's largest identification deployments to improve
security, guarantee identity, and help reduce identity
theft. BIO-key's technology is offered directly or by
market leading partners around the world.
(http://www.bio-key.com)
About InterDigital®
InterDigital develops technologies that are at the core of
mobile devices, networks, and services worldwide. We solve many of
the industry's most critical and complex technical challenges,
inventing solutions for more efficient broadband networks and a
richer multimedia experience years ahead of market deployment.
InterDigital has licenses and strategic relationships with many of
the world's leading wireless companies. Founded in 1972,
InterDigital is listed on NASDAQ and is included in the
S&PMidCap 400® index. (http://www.InterDigital.com)
InterDigital is a registered trademark of InterDigital, Inc.
BIO-key Safe Harbor Statement
Certain statements contained in this press release may be
construed as "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 BIO-key management's beliefs, as well as
assumptions made by, and information currently available to,
BIO-key management pursuant to the "safe-harbor" provisions of the
Act. These statements are subject to certain risks and
uncertainties that may cause actual results to differ materially
from those projected on the basis of these 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, wider market acceptance of biometric
technologies, our ability to raise additional financing, 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 BIO-key's Annual Report on Form 10-K for the
year ended December 31, 2012 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. BIO-key undertakes no
obligation to disclose any revision to these forward-looking
statements whether to reflect events or circumstances after the
date hereof or otherwise.
CONTACT: BIO-key International, Inc.
Jay Meier, VP Corp. Dev.
Email: Jay.Meier@bio-key.com
+1 (651) 789-6116
InterDigital, Inc.
Patrick Van de Wille
Email: Patrick.Vandewille@interdigital.com
+1 (858) 210-4814
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