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Hungary’s Largest Service Provider Selects BIO-key to Provide Multi-factor Authentication for Hungarian Law Enforcement Organization

July 12, 2018

WALL, N.J., July 12, 2018 (GLOBE NEWSWIRE) -- BIO-key International, Inc. (NASDAQ:BKYI), an innovative provider of biometric authentication and security solutions, today announced that T-Systems, Hungary’s largest service provider covering the entire information communication spectrum, selected BIO-key to deliver biometric authentication solutions for one of their law enforcement organization customers. The customer purchased EcoID fingerprint scanners and ID Director for Windows to provide strong yet convenient multi-factor authentication.

The customer already had several types of fingerprint scanners in place, but wanted to deploy fingerprint biometric authentication across the organization. BIO-key’s interoperable support capabilities allowed them to leverage their existing hardware, which helped offset the cost of their deployment. Prior to implementing ID Director for Windows, which integrates with Active Directory to provide a biometric sign-in, employees were using passwords.

“It’s a testament to our technology and global brand to be recognized and selected by a leader in the IT communications industry from across the globe”, stated Mike DePasquale, Chairman & CEO BIO-key. “Additionally, it’s important to note that this project was totally managed using remote and online resources. As the global demand for strong online security and multi-factor authentication continues to grow, BIO-key is able to meet the requirements of our international customers with our 24/7 remote tech support team. Today, there are no boundaries to our customer support capabilities, with our offices located in China, India, Singapore, Morocco and the U.S,” added DePasquale.

About BIO-key International, Inc. ( www.bio-key.com )BIO-key is revolutionizing authentication with biometric solutions that enable convenient and secure access to information and high-stakes transactions. We offer alternatives to passwords, PINs, tokens, and cards to make it easy for enterprises and consumers to secure their devices as well as information in the cloud. Our premium finger scanning devices offer market-leading quality, performance and price. BIO-key also brings the power and ease of use of biometric technology to its TouchLock line of biometric and Bluetooth enabled padlocks – providing even more ways to BIO-key your world!

BIO-key Safe Harbor StatementAll statements contained in this press release other than statements of historical facts are “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 not guarantees of future performance or events and are subject to risks and uncertainties that may cause actual results to differ materially from those included within or implied by such forward-looking statements. These risks and uncertainties include, without limitation, our ability to develop new products and evolve existing ones, customer and market acceptance of biometric solutions generally and our specific offerings, our ability to expand sales within existing customer relationships, our ability to raise additional capital, and 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, 2017 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 undertakes no obligation to disclose any revision to these forward-looking statements to reflect events or circumstances after the date made.

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Investor & Media ContactsWilliam Jones, Tanya KamatuCatalyst Global212-924-9800 bkyi@catalyst-ir.com

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