WALL, N.J., May 16, 2012 (GLOBE NEWSWIRE) -- BIO-key International, Inc. (OTCBB:BKYI), a global leader in fingerprint biometric identification solutions and advanced mobile identification technology, today reported that the company has been awarded a $500,000 contract to provide fingerprint biometric technology to Shared Services BC (SSBC), that provides Information Technology (IT) infrastructure support services for the B.C. government and the broader public sector. The first deployment of BIO-key's WEB-key® finger identification solution is for the B.C. Department of Corrections. Sierra Systems, the lead technology partner, is implementing BIO-key's custom authentication scheme for CA Technologies' "SiteMinder®" to provide identification and secure access to information for inmates processed through the British Columbia criminal justice system.
"Our vision is to provide software solutions that offer best in class performance with unequaled interoperability. The launch of yet another partner project, our first with CA and Sierra, validates BIO-key as the leading fingerprint software developer for high end commercial and government deployments," said Mike DePasquale, CEO. "The unique ability to integrate with every major security platform, including CA SiteMinder and most every fingerprint reader, positions BIO-key as a technology partner that future proves our customers' authentication and identification process."
About BIO-key
BIO-key International, Inc., headquartered in Wall, New Jersey, develops and delivers advanced identification solutions to commercial and government enterprises, integrators, and custom application developers. BIO-key's award winning, high performance, scalable, cost-effective and easy-to-deploy biometric finger identification technology accurately identifies and authenticates users of wireless and enterprise applications. Our solutions are used in local embedded OEM products as well as some of the world's largest identification deployments to improve security, guarantee identity, and help reduce identity theft. BIO-key's technology is offered directly or by market leading partners around the world. (http://www.bio-key.com)
BIO-key Safe Harbor Statement
Certain statements contained in this press release may be construed as "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 subject to certain risks and uncertainties that may cause actual results to differ materially from those projected on the basis of these statements. These risks and uncertainties include, without limitation, our history of losses and limited revenue, our ability to develop new products and evolve existing ones, the impact on our business of the recent financial crisis in the global capital markets and negative global economic trends, our ability to attract and retain key personnel. For a more complete description of these and other risk factors that may affect the future performance of BIO-key International, Inc., see "Risk Factors" in the Company's Annual Report on Form 10-K for the year ended December 31, 2011 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.