“We were delighted that such a capable and prestigious technology team determined that BIO-key met their security and scalability requirements and have now made follow-on investments to grow their user base. Defense Ministries are constant targets of cyber-attacks, and we are glad to help them step up authentication to the highest assurance with NIST-verified accuracy…
“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…
“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…
“The upgrade comes on the heels of a big new order from a client in the government defense sector, which has elected to use WEB-key together with BIO-key fingerprint readers to secure its Microsoft Active Directory assets.” BIO-key has upgraded its WEB-key biometric authentication platform and its fingerprint algorithm system, the company has announced. Designed…
“The order comes not long after a previous government sector order from Canada’s Province of British Columbia, which also revolved around BIO-key’s WEB-key platform.” BIO-key has completed a big new order from a government client. In a statement announcing the deal, BIO-key did not name the client in question, referring to it as “the cybersecurity…
“By leveraging international standards for biometric data, BIO-key is able to provide the Province with a flexible, secure, and highly scalable platform for managing biometrics across a broader range of use-cases.” – Mike DePasquale, CEO, BIO-key BIO-key has announced a new government contract win: The Province of British Columbia is expanding its use of the company’s WEB-key…
FindBiometrics president Peter O’Neill recently spoke with BIO-key chairman and CEO Mike DePasquale after his company’s strong presence at this years Consumer Electronics Show (CES) in Las Vegas. The conversation starts on the topic of BIO-key’s newly launched biometric padlocks, and the consumer-facing market in general, before moving on to the company’s major authentication service contract announced…
Biometric technology is proliferating, with major institutions like banks and governments embracing the technology for enrolling and identifying individuals, and big-name consumer electronics also supporting the technology. Fingerprint scanning, for example, is now a prevalent feature of contemporary smartphones, and is expected to become even more widespread going forward. Meanwhile, Microsoft has made a big…