February 15, 2004 – Wall, NJ – BIO-key International Inc. (OTC Bulletin Board: BKYI), a leader in finger-based biometric identification and wireless public safety solutions announced today that the company is showcasing its fingerprint biometrics products at the 2005 RSA Conference, the most prestigious information security event of the year, from Feb 15th through 17th in the Moscone Convention Center, San Francisco. BIO-key will provide hands-on product demonstrations of its state-of-the-art identification technology in booth 103.
BIO-key will feature WEB-key, a cost effective, easy to deploy, fingerprint based strong authentication system. This unique solution allows users to positively identify themselves into any application with the simple scan of their finger. When used in conjunction with a token, BIO-key’s fingerprint authentication replaces less secure, usernames, passwords or PINs, providing a simple way for users to add True User IdentificationTM to any critical transaction. This capability is a significant improvement in both convenience and security over other alternatives and provides companies with the tools needed to thwart phishing attacks and comply with government regulations and legislation such as HIPAA, Sarbanes Oxley, and the Electronic Signatures Act.
The convenience that BIO-key’s technology offers will be displayed in a wide range of demonstrations, where with the simple registration of a person’s fingerprint, that person can be positively identified, illustrating that no matter when or where someone registers, they can be identified without providing additional information such as a name, badge ID, or other personal information.
In addition to the WEB-key product, BIO-key has developed an advanced fingerprint-indexing tool which uses a fingerprint as the primary identifier of a unique record in the database. “We are proud to have developed the worlds most accurate and scalable fingerprint indexing technology and we are seeing strong demand for our solutions, with a wide range of partners and customers deploying our systems.” said Ken Souza, CTO of BIO-key International. WEB-key can be easily integrated to replace or augment existing authentication schemes for virtually any stand alone or network based applications including mobile and wireless access. BIO-key technology is currently deployed in the financial services, healthcare, education and government markets.
About BIO-key
BIO-key develops and delivers advanced identification solutions and information services to law enforcement departments, public safety agencies, government and private sector customers. BIO-key's mobile wireless technology provides first responders with critical, reliable, real-time data and images from local, state and national databases. BIO-key's high-performance, scalable, cost-effective and easy-to-deploy biometric finger identification technology accurately identifies and authenticates users of wireless and enterprise data to improve security, convenience and privacy and to reduce identity theft. Over 2,500 police, fire and emergency services departments in North America use BIO-key solutions, making BIO-key the leading supplier of mobile and wireless solutions for public safety worldwide. (http://www.bio-key.com)
BIO-key Safe Harbor Statement
This news release contains forward-looking statements that are subject to certain risks and uncertainties that may cause actual results to differ materially from those projected on the basis of these statements. The words "estimate," "project," "intends," "expects," "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 Private Securities Litigation Reform Act of 1995. For a more complete description of these and other risk factors that may affect the future performance of BIO-key International, see "Risk Factors" in the Company's Annual Report on Form 10-KSB 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. The Company also undertakes no obligation to disclose any revision to these forward-looking statements to reflect events or circumstances after the date made or to reflect the occurrence of unanticipated events.
For more information contact:
Julie Garand
508-460-4036
julie.garand@bio-key.com
