BIO-key International, Inc. Showcases Innovations at Atlantic City
BIO-key International, Inc. Engages Investors at Key Conference
Atlantic City has become a hub for innovation as BIO-key International, Inc. (NASDAQ: BKYI), a leading provider of identity and access management solutions, prepares to engage with investors at DealFlow's Microcap Conference. The event, set to take place at the Borgata hotel, aims to connect investors with emerging companies in high-growth sectors.
Key Highlights and Presentations
CEO Mike DePasquale will take the stage on Wednesday at 2:00 PM ET, ready to share insights about BIO-key's innovative services that deliver identity-bound biometrics. These cutting-edge solutions allow for phoneless, tokenless, and passwordless authentication methods, significantly enhancing security for users.
The company is eager to present their recent achievements and growth, notably reporting an 18% increase in Q3 revenues, reaching $2.1 million. This growth was primarily driven by increased software license sales from long-term clients. DePasquale expressed enthusiasm about forging new partnerships at the conference that could lead to further advancements in the field.
Registration Open for Investors
Investors interested in attending the Microcap Conference can register for free if they qualify. This presents an exceptional opportunity to learn directly from leaders in the microcap sector and explore potential investment opportunities in promising companies like BIO-key.
Strategic Partnerships to Drive Growth
BIO-key is keeping the momentum going by pursuing strategic partnerships. Recently, they announced a collaboration with Fiber Food Systems, Inc., focusing on enhancing global food security through innovative food technology. This partnership integrates BIO-key's secure identity management solutions with Fiber's distribution channels, offering a unique combination of expertise that promises to deliver cutting-edge solutions.
Furthermore, BIO-key is also planning to work with Guinn Partners, a firm specializing in advanced engineering for robotics and electric propulsion systems. This partnership aims to showcase how biometric security can enhance safety and operational efficiency in complex technological environments, thereby expanding BIO-key's reach into new and exciting markets.
The Importance of the Microcap Conference
The Microcap Conference, organized by DealFlow Events, is a 3-day event that showcases publicly-traded microcap companies from various sectors. It provides a dynamic platform where companies can present their value propositions, engage in one-on-one meetings, and participate in networking opportunities. Such gatherings are crucial for knowledge exchange among industry leaders and investors, with discussions covering business trends, investment insights, and regulatory updates pertinent to the microcap community.
This year’s event is set to feature keynote presentations and panel discussions led by industry experts. These discussions promise to provide invaluable insights into investment strategies and emerging trends within US equity markets, including capital formation and market dynamics.
About BIO-key International, Inc.
BIO-key is at the forefront of transforming authentication and cybersecurity. With over forty million users relying on their biometric-centric identity and access management software, BIO-key provides a range of secure authentication options that cater to diverse needs. Their PortalGuard IAM solution is designed for easy deployment, offering customers a cost-effective and convenient way to secure access to sensitive information and critical applications.
Frequently Asked Questions
What can investors expect at the Microcap Conference?
Investors can look forward to presentations from innovative companies like BIO-key, along with networking opportunities and insights into market trends.
How is BIO-key innovating in the IAM industry?
BIO-key is pioneering identity-bound biometric solutions that provide secure, phoneless, tokenless, and passwordless authentication methods.
What recent partnerships has BIO-key formed?
Recently, BIO-key announced collaborations with Fiber Food Systems, Inc. and Guinn Partners to enhance their IAM solutions across various sectors.
How has BIO-key performed financially in recent quarters?
BIO-key reported an 18% increase in revenues in Q3, reaching $2.1 million mainly due to growing software licensing from long-term customers.
Where can I find more information about BIO-key?
For more information on BIO-key's innovations and services, please visit their official website at www.BIO-key.com.
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