Companies

BIO-key Secures $1.5 Million Software Subscription Deal for Biometric Identification Solutions

Published February 21, 2024

HOLMDEL, N.J. — BIO-key International, Inc. BKYI, a pioneer in advanced Identity and Access Management (IAM) solutions, has recently announced the procurement of a significant pre-paid order. This two-year software subscription order, valued at an impressive $1.5 million, signifies the growing trust in BIO-key's cutting-edge biometric identification platform. This important milestone demonstrates the confidence that customers place in BIO-key's proprietary technology, particularly its Identity-Bound Biometric (IBB) solutions, which offer a secure and user-friendly approach to IAM without relying on passwords, phones, or tokens.

Expanding Footprint in IAM Solutions

BIO-key's rise in the technology solutions market is underpinned by its robust portfolio of biometric authentication tools. With an ethos centered around enhancing security while streamlining user access, the company has positioned itself as an go-to supplier for industries across the board. BIO-key's biometric authentication technology, which includes fingerprint identification, is designed to meet the stringent security requirements of its diverse clientele, which spans commercial, government, and educational sectors both within the United States and internationally.

Innovation At The Core

At the heart of BKYI's offerings is the drive for innovation in the IAM space. With headquarters tucked in Wall, New Jersey, BIO-key International, Inc. diligently expands its reach and impact on the market. The latest software subscription deal is a testament to the company's persistent dedication to providing robust security solutions that resonate with contemporary organizational needs, particularly at a time when digital transformation and security are paramount.

BIO-key, IAM, Biometric