BIO-key Secures $600K Order From International Defense Ministry For Biometric User Authentication Solution

BIO-key International, Inc. +0.17%

BIO-key International, Inc.

BKYI

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BIO-key® International, Inc. (NASDAQ:BKYI), an innovative provider of workforce and customer identity and access management (IAM) solutions featuring Identity-Bound Biometrics (IBB) for phoneless, tokenless, passwordless and phish-resistant authentication experiences, announced that the cyber-defense unit of one of the world's most renowned defense ministries has placed over $600K in new orders for BIO-key's biometric user authentication solution. The orders are for additional biometric hardware and authentication software to be shipped in the current quarter.

The defense ministry has deployed BIO-key's biometric authentication solution into new programs delivering convenient and positive authentication access to digital services for over 47,000 users utilizing over 40,000 BIO-key fingerprint scanners. BIO-key expects additional awards in future periods as the defense ministry expands the use of its solution.

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