BIO-key’s PortalGuard Identity and Access Management Solution and Identity-Bound Biometrics Are Now Available on the Amazon Web Services (AWS) Marketplace
15 August 2024 - 10:00PM
BIO-key® International, Inc. (NASDAQ: BKYI), an innovative provider
of workforce and customer Identity and Access Management (IAM)
software featuring passwordless, phoneless and token-less
Identity-Bound Biometrics (IBB) authentication solutions, announced
the availability of its PortalGuard IDaaS platform in the Amazon
Web Services (AWS) Marketplace enabling AWS customers around the
world to seamlessly purchase and integrate PortalGuard and its IBB
authentication solutions into their enterprise. The AWS Marketplace
partnership expands the visibility and reach of BIO-key’s
cutting-edge authentication security solutions to a broader range
of customer prospects.
The AWS Marketplace is a curated digital catalog
with 2.5 million subscribers and over 300,000 active customers who
can find, test, buy, and deploy software solutions designed to run
on AWS. By listing its solutions on this platform, BIO-key aims to
simplify the integration process for enterprises seeking advanced
security measures to protect their digital assets and enhance user
authentication cost-effectively. Effective identity management is
crucial for running secure and efficient cloud operations, enabling
seamless access for employees while maintaining control over
sensitive data. With the new enablement through AWS, global BIO-key
prospects can now seamlessly purchase PortalGuard directly from the
AWS Marketplace. This streamlined process enables AWS customers to
effortlessly implement robust Identity & Access Management and
IBB security, enhancing their digital transformation
initiatives.
"BIO-key’s core mission is to provide
world-class, flexible, secure access management, and biometric
identity solutions to organizations globally. By collaborating with
AWS, we enable organizations to gain streamlined access to our
top-tier technologies, helping them to address complex challenges
with enhanced security and compliance,” said Michael DePasquale,
Chairman and CEO, BIO-key International, Inc.
To learn more about BIO-key in AWS Marketplace, visit:
https://aws.amazon.com/marketplace/pp/prodview-px343thbnhuig
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 cloud-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
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, without limitation, our
history of losses and limited revenue; our ability to raise
additional capital to satisfy working capital needs; our ability to
continue as a going concern; 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 convert sales
opportunities to customer contracts; 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, the commercial, reputational and
regulatory risks to our business that may arise as a consequence
the restatement of our financial statements, including any
consequences of non-compliance with Securities and Exchange
Commission (“SEC”) and Nasdaq periodic reporting requirements; our
temporary loss of the use of a Registration Statement on Form S-3
to register securities in the future; any disruption to our
business that may occur on a longer-term basis should we be unable
to remediate during fiscal year 2024 certain material weaknesses in
our internal controls over financial reporting, 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 SEC. 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.com or 212-924-9800
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