Bio-Key Intl Inc Stock Price, News & Analysis

BIO-key International (NASDAQ: BKYI) will host a conference call on March 25, 2021, at 10 a.m. ET to discuss its fourth quarter and full FY 2020 results. The results will be announced before the market opens. Participating in the call will be Mike DePasquale (Chairman & CEO), Cecilia Welch (CFO), and Fred Corsentino (Chief Revenue Officer). Investors can join the call by dialing 1-877-418-5460 for U.S. participants or 1-412-717-9594 for international attendees. A live webcast will also be available.

BIO-key International, Inc. (NASDAQ: BKYI) will host a conference call on March 25, 2020, at 10 a.m. ET to discuss its fourth quarter and full FY 2020 results. The call will feature key executives including Mike DePasquale, Cecilia Welch, and Fred Corsentino. Prior to the call, results will be announced before the market opens. Investors can access the call via dial-in numbers or through a live webcast available for three months post-event.

BIO-key International, Inc. (BKYI) announced its participation in the Maxim Group Emerging Growth Virtual Conference on March 18, 2021. The company's Chairman and CEO, Mike DePasquale, will join a 'Security IT' roundtable discussion from 11 AM to 12 PM ET. Attendees can access the conference, featuring various industry discussions and live Q&A sessions, through the registration page. This event showcases BIO-key’s innovative identity and access management solutions powered by biometrics, highlighting its commitment to secure authentication services.

BIO-key International (NASDAQ: BKYI) announced an expansion of its Channel Alliance Partner (CAP) program, enhancing benefits for Managed Service Providers (MSPs) and others. This initiative aims to create new revenue opportunities through the PortalGuard IDaaS, a cloud-based authentication platform. The program focuses on key markets such as financial, government, and healthcare, leveraging biometric identity for secure access. BIO-key is committed to supporting partners with training and a direct touch model to ensure success.

BIO-key International (NASDAQ: BKYI) has announced an expansion of its biometric multi-factor authentication (MFA) solution for election workers in a West Coast state. This initiative aims to secure voter registration data statewide, building on previous deployments in various states. The solution includes BIO-key's biometric software and FIPS compliant fingerprint scanners to enhance election security. The rollout will allow access to a centralized voter registration system via Citrix, ensuring strong user identity verification against current threats.

BIO-key International (NASDAQ: BKYI) announced a partnership with Appsian to enhance ERP system security through its PortalGuard solution. This partnership aims to deliver robust identity and access management (IAM) solutions, catering to businesses needing improved ERP security. BIO-key will also present at the PeopleSoft Innovation Summit on February 17, 2021, targeting organizations looking for secure access solutions for legacy ERP systems. This collaboration underscores the importance of frictionless user experience combined with strong security measures.

BIO-key International (NASDAQ: BKYI) announced that Southeastern Illinois College has chosen its PortalGuard® IDaaS platform for enhanced access management. The cloud-based solution aims to provide users with a seamless experience across devices while integrating with vital institutional applications like Jenzabar and Canvas. BIO-key emphasizes that the cloud platform enhances flexibility, scalability, and security, addressing rising cybersecurity concerns in higher education.

BIO-key International (NASDAQ: BKYI) has announced a partnership with NGEN LLC, a recognized managed service provider. This collaboration has already secured a new customer for BIO-key's PortalGuard Identity-as-a-Service (IDaaS) platform through the Maryland Education Enterprise Consortium contract. The initiative aims to enhance online security and user experience for over 14,000 users at a higher education institution by implementing advanced identity access management practices, includingmulti-factor authentication and Single Sign-On.

BIO-key International (NASDAQ: BKYI) reported a significant shift towards its PortalGuard® Identity-as-a-Service (IDaaS) solution as existing customers transition from on-premises deployments. In Q4 2020, nine customers migrated to IDaaS, impacting approximately 115,000 users. The growing demand for cloud-based security and easier IT management positions PortalGuard favorably against traditional solutions. The company sees potential to convert over 200 additional existing customers to IDaaS, highlighting a promising growth trajectory in 2021 and beyond.