BIO-key(R) International, Inc. Reports First Quarter 2014 Financial Results
Marketwire - Thu May 01, 7:02AM CDT
BIO-key International, Inc. (OTCQB: BKYI), a leader in fingerprint biometric identification technologies, cloud-based mobile credentialing and identity verification solutions, today reported solid financial results for the first quarter of 2014, including positive guidance for Q2, 2014.
BIO-key(R) Announces First Quarter 2014 Earnings Release and Conference Call Schedule
Marketwire - Fri Apr 25, 1:03PM CDT
BIO-key International, Inc. (OTCQB: BKYI), a global leader in fingerprint biometric identification solutions, advanced mobile credentialing and identity verification technologies, today reported that the company plans to release First Quarter, 2014 financial results on Thursday, May 1, 2014. In conjunction with the release, BIO-key has scheduled a conference call, which will be broadcast live over the Internet on Thursday, May 1, at 10:00 a.m. Eastern Daylight Time.
BIO-key(R) Expands Partner Sales Network
Marketwire - Thu Apr 10, 7:01AM CDT
BIO-key International, Inc. (OTCQB: BKYI), a leader in fingerprint biometric identification technologies, cloud-based mobile credentialing and identity verification solutions, today reported that the company continues to advance its reseller sales support network by announcing the addition of five new sales partnerships.
Global Biometrics Market in the Healthcare Industry 2014-2018 with 3M Cogent, DigitalPersona Inc., Fujitsu, M2SYS, NEC, Safran & Suprema Dominating
M2 - Mon Apr 07, 6:15AM CDT
Research and Markets (http://www.researchandmarkets.com/research/k7rpvg/global_biometrics) has announced the addition of the "Global Biometrics Market in the Healthcare Industry 2014-2018 with 3M Cogent, DigitalPersona Inc., Fujitsu, M2SYS, NEC, Safran & Suprema Dominating" report to their offering. The Global Biometrics market in the Healthcare industry to grow at a CAGR of 31% to 2018. One of the most prominent trends witnessed in the market is the increasing number of mergers and acquisitions. The Global Biometrics market in the Healthcare industry is witnessing increasing consolidation, which is expected to continue in the future. Both existing vendors and new entrants prefer the acquisitive route to either enter the market or broaden their portfolio of offerings. For instance, Safran completed the acquisition of biometric solution provider L-1 Identity Solutions in the second quarter of 2011 for US$1 billion. The acquisition helped Safran become a leading player in the Global Biometrics market. 3M completed the acquisition of Cogent Inc. in December 2010 for US$943 million. Cogent manufactures biometric recognition systems that allow governments and businesses to identify individuals by their fingers, palms, faces, and irises. According to the report, there are many drivers contributing to the Global Biometrics market in the Healthcare industry, the most important of which is the high adoption of biometrics by hospital management. Lately, there has been a substantial increase in the adoption of biometrics by hospitals. They are increasingly adopting biometrics to keep track of doctors' activities and to secure patient records. Further, the report states that one of the key challenges in this market is the strong competition from inexpensive non-biometric technologies. Swipe cards, token-based two-factor authentication, and software authentication are some of the low-cost alternative technologies available in the market. The availability of these technologies is affecting the demand for biometrics, thereby hindering the growth of the Global Biometrics market in the Healthcare industry. Key vendors dominating this space are: - 3M Cogent Inc. - Bio-Key International Inc. - Cross Match Technologies Inc. - DigitalPersona Inc. - Fujitsu Ltd. - M2SYS LLC - NEC Corp. - Safran SA - Suprema Inc. Key Topics Covered: 01. Executive Summary 02. List of Abbreviations 03. Scope of the Report 04. Market Research Methodology 05. Introduction 06. Market Description 07. Market Landscape 08. Market Segmentation by Technology 09. Geographical Segmentation 10. Buying Criteria 11. Market Growth Drivers 12. Drivers and their Impact 13. Market Challenges 14. Impact of Drivers and Challenges 15. Market Trends 16. Trends and their Impact 17. Vendor Landscape 18. Key Vendor Analysis For more information visit http://www.researchandmarkets.com/research/k7...biometrics
BIO-key(R) International, Inc. Reports Fourth Quarter and Fiscal 2013 Financial Results
Marketwire - Mon Mar 31, 4:15PM CDT
BIO-key International, Inc. (OTCBB: BKYI), a leader in fingerprint biometric identification technologies, cloud-based mobile credentialing and identity verification solutions, today reported financial results for the Fourth Quarter and Fiscal Year, ended December 31, 2013 and provided a strong outlook for the first Quarter of Fiscal 2014.
IDEX and BIO-key Sign License Agreement to Deliver Advanced Biometric Solutions for Mobility Market
Marketwire - Mon Mar 31, 1:30AM CDT
BIO-key International, Inc. (OTCQB: BKYI) and IDEX ASA (OSE: IDEX) have entered into a license agreement and will collaborate to deliver a sensor-to-server infrastructure solution for trustworthy, yet simple and low-cost, in device and online authentication for consumer applications and in particular the smartphone, tablet, and PC markets. The software and hardware combination will be capable of delivering the most accurate, flexible and cost-efficient fingerprint biometric solutions available. BIO-key is a global leader in fingerprint biometric identification solutions, advanced mobile authentication and identity assurance technologies and IDEX is a leader in low cost, high quality fingerprint sensor technologies.
BIO-key(R) Announces Fourth Quarter and FY 2013 Earnings Release and Conference Call Schedule
Marketwire - Wed Mar 26, 12:22PM CDT
BIO-key International, Inc. (OTCQB: BKYI), a global leader in fingerprint biometric identification solutions, advanced mobile credentialing and identity verification technologies, today reported that the company plans to release Fourth Quarter and FY 2013 financial results on Tuesday April 1, 2014. In conjunction with the release, BIO-key has scheduled a conference call, which will be broadcast live over the Internet on Tuesday April 1st, at 10:00 a.m. Eastern Daylight Time.
AEON Credit Services Deploys BIO-key Fingerprint Authentication
Marketwire - Mon Mar 10, 7:01AM CDT
BIO-key International, Inc. (OTCQB: BKYI), a global leader in fingerprint biometric identification solutions, advanced mobile authentication and identity assurance technologies, today announced that AEON Credit Services has deployed BIO-key fingerprint authentication for their customer support centers in Malaysia.
BIO-key to Exhibit Fingerprint Authentication Solutions for ISAM at IBM Pulse 2014
Marketwire - Fri Feb 21, 7:00AM CST
BIO-key International, Inc. (OTCQB: BKYI), a global leader in fingerprint biometric identification solutions, advanced mobile authentication and identity assurance technologies, today announced that the Company will exhibit at IBM Pulse 2014; Las Vegas, Nevada (February 24-27) Pedestal T-06. Pulse is the premier cloud conference with over 9,000 C-level and industry leaders and influencers in attendance.
World Class Healthcare Technology Providers Presenting BIO-key Fingerprint Authentication at HIMSS 2014
Marketwire - Thu Feb 20, 7:00AM CST
BIO-key International, Inc. (OTCQB: BKYI), a global leader in fingerprint biometric identification solutions, advanced mobile authentication and identity assurance technologies, today announced that the Company's healthcare integration partners including Allscripts (#3944), Caradigm (#1047), Epic (2139), HealthCast Solutions (#7045) and Key Source International (#1122) will be presenting our fingerprint authentication solutions for EHR and patient identification at HIMSS 2014, February 23rd - 27th, Orlando Convention Center, Orlando, Florida.
BIO-key and InterDigital to Introduce OpenID Based Secure Multifactor Authentication for Android Smartphones at Mobile World Congress
GlobeNewswire - Tue Feb 18, 8:00AM CST
BIO-key International, Inc. (OTCBB:BKYI), a global leader in fingerprint biometric identification solutions, advanced mobile authentication and identity assurance technologies, and InterDigital, Inc. (Nasdaq:IDCC), a wireless research and development company, today announced that the companies will introduce and demonstrate InterDigital's groundbreaking multifactor authentication (MFA) solution incorporating BIO-key's fingerprint authentication for the Android mobile platform at Mobile World Congress (MWC), Barcelona, Spain (February 24-27). The newly developed solution is the first product to emerge from the collaborative efforts between BIO-key and InterDigital, announced in February 2013. The new product will be available for scheduled demonstrations at InterDigital's pavilion in Hall 7 Stand 7A71.
Form 3: Initial Filing for Bio-Key International Inc (BKYI)
Vickers Stock Research - Tue Feb 11, 4:02AM CST
Further to the initiation of the share buy-back programme announced on 6 August 2012, Ageas reports the purchase of 515,652 Ageas shares on NYSE Euronext Brussels in the period from 4 until 8 February 2013.
BIO-key Appoints Three Industry Leaders to Board of Directors
Marketwire - Thu Jan 30, 7:02AM CST
BIO-key International, Inc. (OTCQB: BKYI), a global leader in fingerprint biometric identification solutions, advanced mobile authentication and identity assurance technologies, today announced that it has added three new Director's to its Board and Michael DePasquale has been appointed Chairman, effective January 29, 2014.
Global Biometrics Market in the Healthcare Industry 2014-2018: Top 10 Dominant Players Analysed
M2 - Thu Jan 23, 5:45AM CST
Research and Markets (http://www.researchandmarkets.com/research/d8fpb6/global_biometrics) has announced the addition of the "Global Biometrics Market in the Healthcare Industry 2014-2018" report to their offering. The analysts forecast the Global Biometrics market in the Healthcare industry to grow at a CAGR of 31.95 percent over the period 2013-2018. One of the key factors contributing to this market growth is the high adoption of biometrics by hospital managements. The Global Biometrics market in the Healthcare industry has also been witnessing the rapid technological advancement. However, the strong competition from inexpensive non-biometric technologies could pose a challenge to the growth of this market. Key vendors dominating this space are 3M Cogent Inc., Bio-Key International Inc., Cross Match Technologies Inc., DigitalPersona Inc., Fujitsu Ltd., M2SYS LLC, NEC Corp., Safran SA, and Suprema Inc. Other vendors mentioned in the report are Aware Inc., Biometix Pty Ltd., Lumidigm, Inc., Siemens AG, and ZKTeco Inc. Commenting on the report, an analyst from the team said: One of the most prominent trends witnessed in the market is the increasing number of mergers and acquisitions. The Global Biometrics market in the Healthcare industry is witnessing increasing consolidation, which is expected to continue in the future. Both existing vendors and new entrants prefer the acquisitive route to either enter the market or broaden their portfolio of offerings. For instance, Safran completed the acquisition of biometric solution provider L-1 Identity Solutions in the second quarter of 2011 for US$1 billion. The acquisition helped Safran become a leading player in the Global Biometrics market. 3M completed the acquisition of Cogent Inc. in December 2010 for US$943 million. Cogent manufactures biometric recognition systems that allow governments and businesses to identify individuals by their fingers, palms, faces, and irises. For more information visit http://www.researchandmarkets.com/research/d8...biometrics About Research and Markets Research and Markets is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
Jim Skidmore Joins BIO-key as Senior Vice President of Global Sales
Marketwire - Thu Jan 02, 7:00AM CST
BIO-key International, Inc. (OTCQB: BKYI), a global leader in fingerprint biometric identification solutions, advanced mobile authentication and identity assurance technologies, today announced that Jim Skidmore, has joined BIO-key and has been appointed Senior Vice President of Global Sales.
Global Healthcare Biometrics Market Report 2013-2019
M2 - Wed Dec 11, 9:30AM CST
Research and Markets (http://www.researchandmarkets.com/research/bndwpj/healthcare) has announced the addition of the "Global Healthcare Biometrics Market Report 2013-2019" report to their offering. Security is a vital concern in the healthcare sector when it comes to safeguarding confidential medical data, records and patients' privacy. Biometric devices analyze biological data of a user by capturing unique physical human features and use them as a future reference (template) for user's identification. The basic components of biometric identification systems consist of a scanning device or a reader, software to convert the scanned information into digital form and a database to store the biometric data for comparison with entered biometric data. A variety of human features such as fingerprint, face, iris, vein, voice, hand and signature reveal several potential attributes for biometric authentication. Use of biometrics with the help of these physical characteristics along with logical or physical access or both together has found a wide usage in the healthcare sector. However, improper storage of medical data may pose a threat of invasion of the user's identity and thus challenge patient security. Biometric solutions facilitate the provision of restricted access to rooms or computer network systems from unauthorized access. Healthcare facilities across the globe are increasingly shifting their focus on implementing biometric security solutions for patient identification and their linking to electronic health records system to the respective patients. Integrity of patient identity, efficient and safe data recording, control on medical frauds and reduction in inventory theft are some of the distinct advantages offered by biometrics. Biometrics allows matching of a patient to his records with minimal possibility of errors and avoids a mix up of patient information which can have serious consequence on the health and wellbeing of such patients. Moreover, factors such as culmination of false patient identity, patient protection and reduction of the overburden of medical frauds and security of medical records have urged those in the healthcare industry to opt for biometrics. Despite the ongoing struggle in the economy, especially in the European and Asian countries, healthcare organizations are investing in biometric technologies in order to increase security, privacy and improve patient safety and thus compensate the huge amount of money lost in healthcare frauds. Companies investing heavily in developing automated biometric systems with improved accuracy and response time may gain greater benefits in the near future. Introduction of new products with reduced cost and showcasing advantages and advanced capabilities of biometric security solutions at various conferences, laboratories, trade shows, web casting and electronic newsletters is further boosting the growth of new market competitors. Moreover, factors such as a reduction in healthcare frauds, secured patient privacy and medical records, reduction in fake insurance claims and in identification and reimbursement processing, cost containment of the biometric devices and introduction of cheaper products with better accuracy will result in rapid adoption of biometrics security solutions in the healthcare sector of emerging markets. Use of multimodal biometric system, which combines different types of biometric methods, such as combining facial and iris recognition is currently rapidly progressing the trend. Biometrics is a promising and a fast growing segment in the field of next generation personal authentication and security systems and is changing the perception and look of healthcare industry. Key Topics Covered: Chapter 1 Introduction Chapter 2 Executive Summary Chapter 3 Market Overview Chapter 4 Global Healthcare Biometrics Market, by Technology Chapter 5 Global Healthcare Biometrics Market, by Applications Chapter 6 Global Healthcare Biometrics Market, by Geography Chapter 7 Recommendations Chapter 8 Company Profiles - 3M Cogent, Inc - Aware, Inc - BIO-key International, Inc - Cross Match Technologies, Inc - DigitalPersona, Inc - Fujitsu Ltd - Lumidigm, Inc - M2SYS LLC - NEC Corporation - SAFRAN SA - Siemens AG - Suprema, Inc - ZKTeco, Inc For more information visit http://www.researchandmarkets.com/research/bndwpj/healthcare
BIO-key(R) International, Inc. Reports Third Quarter 2013 Financial Results
Marketwire - Thu Nov 14, 7:00AM CST
BIO-key International, Inc. (OTCQB: BKYI), a leader in fingerprint biometric identification technologies, Cloud-based mobile credentialing and identity verification solutions, today reported financial results for the third quarter and nine month period ended September 30, 2013.
Global Elevator Automation Market to 2018: Access Controls & Security, Automation, Modernization Forecast
M2 - Tue Nov 12, 10:01AM CST
Research and Markets (http://www.researchandmarkets.com/research/bmfwj6/elevator) has announced the addition of the "Global Elevator Automation Market to 2018" report to their offering. The smart elevators market is estimated to grow at a healthy CAGR from 2013 till 2018 and reach close to $16.4 billion by the end of these five years. The increasing trend of high rise building is leading to the growth in elevators market, as the best means of vertical transport is an elevator. Integration of access controls in elevators to address the security allows the administrator to not only take control over the access of unauthorized person but also to manage the efficient flow of people in elevator car. It also helps individuals to reach their respective floors safely and take preventive step in case of any breach. Demand for energy efficient solutions, enhanced security, and demand for improving the standards of the individuals have resulted in the development of the elevator automation and modernization market. Energy efficiency and centralized controls are the driving factors in elevator automation. Better controls, higher speed, and reduction in operating cost need special attention with respect to the various components in elevators such as sensors, motors, lighting, door access, operating panels, and mechanical system. Utmost consideration needs to be given while integrating with the other security measures such as fire, alarm, and surveillance as the safety of the individual is on stake. Modernization is upgrading or replacing elevator control system, panel, relay, motor and drive, cabin with new technologies. It will enhance the elevator-life, save energy, ensuring the comfortable and safe ride for commuters and improved usability for people. The system is integrated with control system; ensuring optimum data flow amongst the other components. As such, direct response helps in shorter waits and longer handling capacity. Modernization market is currently at high growth stage of the industry life cycle and is expected to continue with this growth till 2018. The major players in this industry include Kone Corporation (Finland), Otis Elevator (U.S.), Schindler (Switzerland), ThyssenKrupp (Germany), and others. This report describes the elevator access controls and security, automation and modernization. Elevator access controls and security market; which is further segmented into card based, biometric based, keypad and touch based, surveillance system, intruder alarm, and visitor management system. Elevator automation includes sensor and controllers, motors and drives, building management system. Operating panels, electronic equipment, and landing system are covered under elevator modernization market. Report is segmented by applications into commercial, residential, institutional, and industrial. Commercial application includes office, lodging, healthcare, financial institution, retail, warehouse manufacturing. Institutional buildings include education, and government buildings. This report describes the market dynamics of smart elevators market, which comprises drivers, restraints along with their impact analysis matrix. Impact analysis matrix depicts the impact of particular driver and restraint on the market at present as well as in future. Key Topics Covered: 1 Introduction 2 Executive Summary 3 Market Overview 4 Products Market 5 Applications Market 6 Geography Analysis 7 Competitive Landscape 8 Company Profiles - ASSA ABLOY AB - Bio-Key International Inc - Bosch Security Systems - Cisco Systems, Inc. - Digitalpersona, Inc. - Hitachi Ltd. - Honeywell International Inc. - Hyundai Elevator Co., Ltd. - Identive Group Inc. - Ingersoll-Rand Plc - Johnson Controls Inc. - Keyscan Inc. - Kone Corporation - Linear LIC. - Mitsubishi Electric Corporation - Otis Elevator Company - Progress Security And Safety Systems - Schindler Group - Schneider Electric SA - Secugen Corporation - Siemens Building Technologies AG - Tyco International Limited - Thyssenkrupp Elevator - United Technologies Corporation (UTC) For more information visit http://www.researchandmarkets.com/research/bmfwj6/elevator
BIO-key(R) Announces ISV Collaboration With Advanced Micro Devices (AMD) Supporting the ARM TrustZone(R) Ecosystem
Marketwire - Tue Nov 12, 7:03AM CST
BIO-key International, Inc. (OTCQB: BKYI), a global leader in fingerprint biometric identification solutions, advanced mobile authentication and identity assurance technologies, today announced that the company is working with Advanced Micro Devices (AMD) to ensure compatibility of its WEB-key biometric management platform with AMD's upcoming security solutions to leverage AMD Secure Technology, featuring a platform security processor based on ARM TrustZone(R) technology. This development will ultimately allow device manufacturers to use the BIO-key algorithm to match fingerprints on their compatible AMD device, with or without a server, or in the network or cloud. The resulting solution is expected to offer unprecedented levels of security in both the client on the device, and the server components of the WEB-key platform.
BIO-key(R) International, Inc. Completes $3.7 Million Private Placement
Marketwire - Mon Nov 11, 7:01AM CST
BIO-key International, Inc. (OTCBB: BKYI), a global leader in fingerprint biometric identification solutions, advanced mobile credentialing and identity verification technologies, today reported that it has completed a private direct placement raising $3.7 million in equity capital before deducting placement agent fees and offering expenses from institutional and individual accredited investors. The total capital raised in the offering includes approximately $3.1 million previously reported in the Company's Form 8-K filed with the SEC on October 28, 2013. Investors purchased units consisting of one share of common stock and one warrant at $0.15 per unit. Each warrant entitles the holder to purchase one additional share of common stock at $0.25 per share and expires in three years. Dougherty & Company LLC, a Minneapolis-based investment bank, acted as the exclusive placement agent for the transaction.