BIO-key

RSA 2019: BIO-key Debuts New ID Director For SAML

RSA 2019: BIO-key Debuts New ID Director For SAML

“Our customers seek simplified, cost-effective central authentication services that accommodate both roving and single-device users without having to issue and manage tokens or pay personal data plan costs for users to use a personal device for work. The fact that SAML is ubiquitous makes getting more value from a BIO-key investment much more simple.” –…

MWC Barcelona: BIO-key’s Jim Sullivan on the Public Perception of Fingerprint Biometrics [Audio]

MWC Barcelona: BIO-key’s Jim Sullivan on the Public Perception of Fingerprint Biometrics [Audio]

Mobile ID World is reporting live from Barcelona this week, bringing you the most important biometrics and identity news straight out of Mobile World Congress 2019. This year, thanks to the high profile launch of Samsung’s in-display fingerprint biometrics on its new Galaxy S10 flagship smartphone, fingerprint recognition is enjoying the spotlight at this year’s…

CEO of BIO-key Talks New $10 Million Contract on Stock Day Podcast

CEO of BIO-key Talks New $10 Million Contract on Stock Day Podcast

“While Asia is an important source of growth – we are really seeing our business expand on a global basis.” – Mike DePasquale, CEO, BIO-key Biometrics specialist BIO-key has won a big new contract in the Asia market, with CEO Mike DePasquale discussing the deal on the Uptick Newswire Stock Day Podcast. Speaking to host…

CES 2019: BIO-key to Debut New Biometric Locks

CES 2019: BIO-key to Debut New Biometric Locks

“… BIO-key has announced new TouchLock Carabiner locks offering extra-tough security for bikes, scooters, and motorcycles; and a ‘Smart Commercial Lock’ solution called the SCL System, which is meant for industrial and commercial use.” With the year’s biggest show in consumer technology about to get underway, BIO-key is preparing to debut its latest biometric lock…

BIO-key Issues Q3 2018 Results, Focuses on Future

BIO-key Issues Q3 2018 Results, Focuses on Future

“Our outlook for the remainder of 2018 is supported by initiatives we have in place, as well as multimillion dollar software orders we expect to complete imminently.” – Mike DePasquale, CEO, BIO-key BIO-key has issued its fiscal results for the third quarter ended September 30th. The quarter brought in revenues of $739,750, compared to revenues of…

BIO-key Receives Multiple New Orders For Biometric Solutions Totaling Over $10M

BIO-key Receives Multiple New Orders For Biometric Solutions Totaling Over $10M

“BIO-key said that the orders are expected to bring in $5 million in revenues in the current quarter, with the remainder to arrive in the next 12 months.” BIO-key has received a couple of big new orders for its biometric authentication solutions, totaling over $10 million, the company has announced. The orders are from two…

Amazon to Deliver BIO-key’s Biometric Bike Locks to America

Amazon to Deliver BIO-key’s Biometric Bike Locks to America

“The U.S. launch of our TouchLock Bike padlock line via Amazon builds upon the excitement and sales momentum we have already initiated in Asia. We are excited to extend the reach of this product into the U.S. where we are optimistic about the sales prospects for the upcoming holiday season.” – Mike DePasquale, CEO, BIO-key…

New York Regional Bank Adopts BIO-key Biometric Security

New York Regional Bank Adopts BIO-key Biometric Security

“…the bank will use BIO-key’s PIV-Pro fingerprint scanner, a FIPS 201-compliant device, for computer access; and that will be facilitated via BIO-key’s ID Director software, which is designed to integrate with Microsoft’s Active Directory platform to enable biometric authentication on Windows.” A New York-based bank has opted for biometric security from BIO-key, the company has…

BIO-key Introduces New Biometric Bike Lock at Luxury Tech Show

BIO-key Introduces New Biometric Bike Lock at Luxury Tech Show

“The user can scan their fingerprint directly on the TouchLock Bike Pro, or perform a fingerprint scan on their smartphone via the TouchLock app, or even use the app to authenticate with facial recognition via a selfie image.” BIO-key is going unveiled a new biometric lock product this week at the Luxury Technology Show in…

BIO-key’s Share Offering Exceeded Expectations

BIO-key’s Share Offering Exceeded Expectations

“The results point to strong enthusiasm for BIO-key’s biometric technologies, which including fingerprint-scanning locks and identity management software for the enterprise.” BIO-key‘s share offering did better than expected, bringing in gross proceeds of $2.1 million. The move was announced last week, with BIO-key putting forward an underwritten offering of 1,200,000 shares of common stock together…

BIO-key to Raise Capital with New Share Sale

BIO-key to Raise Capital with New Share Sale

BIO-key is looking to raise some capital with a new share sale. The company has announced an underwritten offering of 1,200,000 shares of common stock, together with “warrants to purchase up to an aggregate of 900,000 shares” of common stock at a price of $1.50 per share, according to a statement. The warrants can be…

BIO-key Partners With Aluratek, Expanding Retail Availability of TouchLock

BIO-key Partners With Aluratek, Expanding Retail Availability of TouchLock

“Our retail accounts look to Aluratek to bring them innovative products rooted in cutting edge technology and design. We are pleased to launch our relationship in Best Buy and look forward to expanding BIO-key’s retail footprint over the remainder of 2018.” – John Wolikow, CEO, Aluratek BIO-key International announced today its latest partnership aimed at…

BIO-key Awarded Key Biometrics Patent

BIO-key Awarded Key Biometrics Patent

 “Accurate and efficient one-to-many biometric identification is the cornerstone of secure identity and authentication services.” – Mira LaCous, CTO, BIO-key BIO-key has been awarded a patent for a key component of its technology portfolio. Entitled, “Adaptive Short Lists and Acceleration of Biometrics Database Search,” US Patent 10,025,831 covers an iterative search system, in which a database…

BIO-key is Showing Off New TouchLocks at Design Tokyo

BIO-key is Showing Off New TouchLocks at Design Tokyo

BIO-key is participating in this week’s Design Tokyo expo, and is taking the opportunity to show off two new product offerings. The event is aimed at showcasing “marketable” products, representing an opportunity for BIO-key to get its biometric consumer offerings in front of potential clients and partners. So the company is showing off its full…

BIO-key Wins Patent For Continuous Mobile Biometric Authentication

BIO-key Wins Patent For Continuous Mobile Biometric Authentication

“Essentially, it’s designed to use facial and fingerprint recognition to enable continuous, passive biometric authentication of a smartphone user.” BIO-key has been granted a patent that it believes could be highly valuable to the company given current trends in mobile biometrics market. Entitled, “Utilization of Biometric Data”, the patent was first filed in 2015, and…

Asahi Cycle Co. to Sell BIO-key TouchLock Bike Locks

Asahi Cycle Co. to Sell BIO-key TouchLock Bike Locks

“The partnership represents a considerable success in terms of the BIO-key’s business strategy, with two of the three ‘pillars’ of its strategy for 2018 – outlined in its year-end fiscal update – being a stronger focus on the APAC market, and an emphasis on the kinds of hardware solutions encapsulated in its TouchLock product line.”…