BIO-key Expands Deployment with Province of British Columbia, Adds 10,000 Biometric Users for Sign-on and Physical Access Control
23 Septembre 2024 - 2:28PM
BIO-key® International, Inc. (NASDAQ: BKYI), an innovative provider
of workforce and customer identity and access management (IAM)
solutions featuring Identity-Bound Biometrics (IBB) for phoneless,
tokenless, passwordless and phish-resistant authentication
experiences, announced that its long-time customer, the province of
British Columbia, has placed new orders with BIO-key. 10,000 users
will be added to their existing deployment of WEB-key software,
integrated with Broadcom’s SiteMinder infrastructure to streamline
and strengthen access to a series of new applications via SAML 2.0
federation standards.
BIO-key has worked closely with the province’s cybersecurity
team to integrate BIO-key’s state-of-the-art, cloud-enabled
biometric authentication platform with its existing authentication
infrastructure to deliver advanced and secure biometric access to
systems, applications and facilities across the organization.
Since 2012, BIO-key’s secure biometric authentication platform
has been integrated with the province’s authentication
infrastructure to provide the strongest biometric ID without
requiring phones or tokens. In 2017, the province expanded the
platform to incorporate physical access control using the same
fingerprint biometric for door access. This differentiated approach
delivers secure sign in and streamlined access to facilities for
users who roam among different workstations and locations without
requiring added costs and risks of “what-you-have” token and card
solutions that only verify that the card or token is present, not
the user. BIO-key credentials derive from the individual
themselves, so access cannot be shared, delegated, phished or
forgotten.
Jim Sullivan, BIO-key’s SVP Strategy and Chief Legal Officer,
said, “The British Columbia government has been a leader in
providing secure biometric authentication with BIO-key solutions
for more than a decade. They recognize that unique ‘roving user’
scenarios call for uncompromising yet user-friendly security. We
are pleased to be the trusted provider of the highest level of
security, by ensuring only the right user accesses the most
sensitive information. BIO-key has a long history providing highly
secure, robust and cost-efficient solutions in government, defense,
finance, retail and other highly-regulated industries. Today, we
are finding that BIO-key’s superior user experience, through
phoneless, tokenless and passwordless solutions, translates very
well to many enterprise use cases, particularly where we bring
multi-factor authentication to roving workforces."
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 forty 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.
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; 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; 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, 2023 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.
Engage with BIO-key |
Facebook – Corporate: |
https://www.facebook.com/BIOkeyInternational/ |
LinkedIn – Corporate: |
https://www.linkedin.com/company/bio-key-international |
X – Corporate: |
@BIOkeyIntl |
X – Investors: |
@BIO_keyIR |
StockTwits: |
BIO_keyIR |
Investor ContactsWilliam Jones, David
CollinsCatalyst IRBKYI@catalyst-ir.com212-924-9800
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