WALL, N.J., March 23, 2020 (GLOBE NEWSWIRE) — BIO-key International, Inc. (Nasdaq: BKYI), an innovative provider of biometric software and hardware solutions for strong, convenient user authentication and large-scale identity, announced today that after a successful initial deployment of BIO-key biometric authentication solutions, the Dubai Police Force has expanded its use of the Company’s software and hardware solutions.
The expansion includes an annual software subscription renewal and purchase of additional PIV-Pro™ FIPS 201 compliant fingerprint scanners and additional subscription licenses for use with BIO-key’s ID Director for Windows, building on their initial deployment in 2019. The Dubai Police Force is utilizing BIO-key technology to secure access to desktop and mobile devices as well as internal access to Windows applications. BIO-key solutions enable each user’s biometric to serve as the strongest form of multi-factor authentication for devices and applications.Mike DePasquale, BIO-key’s CEO, commented, “The Dubai Police Force, one of the world’s premier law enforcement agencies, is recognized for its use of innovative technologies and extremely high security standards. We were proud to be initially selected for this program in March 2019. The program’s expansion is further testament to the performance and value of our technology and service and should serve as a strong reference for other law enforcement customers.’About BIO-key International, Inc. (www.bio-key.com)
BIO-key is revolutionizing authentication with biometric solutions that enable convenient and secure access to devices, information, applications and high-value transactions. BIO-key’s software and hardware finger scanning solutions offer secure, user-friendly and attractively priced alternatives to passwords, PINs, tokens and security cards, enabling enterprises and consumers to secure their networks and devices as well as their information in the cloud.About The Dubai Police Force
The Dubai Police Force employs over seventeen thousand officers and is considered one of the most forward thinking and progressive law enforcement organizations in the Middle East. They were the first Arab police force to apply DNA testing in criminal investigations, the first to use electronic fingerprinting, as well as the first to utilize electronic services. The Dubai Police were also pioneers in the deployment of GPS tracking systems to locate Police Patrols and aid in operations. As a result of such initiatives, the Dubai Police Force has been recognized with the “Dubai Award for Government Performance” and ISO 2000:9001 certification for applying quality management systems in all police fields.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, our history of losses and limited revenue, our ability to raise additional capital, our ability to protect our intellectual property, market acceptance of biometric products generally and our products under development, our ability to market our consumer products 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 between us and other companies in the biometric technology industry, delays in the development of products and statements of assumption underlying any of the foregoing. For a more complete description of these and other risk factors that may affect the future performance of BIO-key International, Inc., please see the section entitled “Risk Factors” in the Company’s Annual Report on Form 10-K for the year ended December 31, 2018 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. Except as required by law, the Company undertakes no obligation to disclose any revision to these forward-looking statements. 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.Investor & Media Contacts
William Jones, David Collins
Catalyst IR
212-924-9800
[email protected]
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