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Higher Education Institutions Continue to Choose BIO-key’s PortalGuard IDaaS Cloud-Based Cybersecurity Solution

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Biokey International Co., Ltd.

Biokey International Co., Ltd.

WALL, N.J., Jan. 30, 2023 (GLOBE NEWSWIRE) — BIO-key International, Inc. (NASDAQ: BKYI) announces workforce and customer identity and access management featuring Identity-Bound Biometrics (IBB) An innovative provider of (IAM) solutions. ) announced today that four new higher education customers have migrated to his PortalGuard IDaaS® Cloud platform from an existing on-premises PortalGuard deployment.

Institutions include:

Cerritos College – Norwalk, California
Coastal Carolina Community College – Jacksonville, North Carolina
University of Mainland – Texas City, TX
Lassen Community College – Susanville, California

By migrating from on-premises to PortalGuard IDaaS, customers can reduce the hardware costs and resources of on-premises hosting while simplifying IAM and improving user experience. Enabling all users to access resources with her one identity means less friction, better security, stronger access control, and a quick, all-important productivity boost.

Higher education institutions hold large amounts of sensitive data that are increasingly accessed remotely, making them attractive and high-value targets for cybercriminals. This dynamic puts pressure on budgets and forces IT teams to adopt a more dynamic security response to cyberthreats. PortalGuard IDaaS offers greater flexibility and security options than competitive solutions, providing enterprise-grade protection to protect your applications and data from growing threats.

BIO-key – PortalGuard President Mark Cochran said: “Our robust PortalGuard IDaaS platform offers a secure, flexible, and cost-effective solution to meet these challenges. Our mission is to improve processes and security to ensure optimal end-user To provide our customers with a cost-effective IAM platform that delivers functionality for their experience.”

About BIO-key International, Inc. (www.BIO-key.com)
With over 20 years of expertise in delivering authentication technology to thousands of organizations and millions of users, BIO-key revolutionizes authentication with its biometric-centric multi-factor identity and access management (IAM) solution. I’m here. Secure access to devices, information, applications and high-value transactions. BIO-key’s patented software and hardware solutions, with industry-leading biometric capabilities, are available for large-scale on-premises and cloud-based Identity-as-a-Service (IDaaS) solutions, as well as customized enable enterprise solutions.

BIO Key Safe Harbor Declaration
All statements other than statements of historical fact contained in this press release are “forward-looking statements” as that term is defined in the Private Securities Litigation Reform Act of 1995 (the “Act”). Words such as “estimate,” “predict,” “intend,” “expect,” “anticipate,” “believe,” and similar expressions are intended to identify forward-looking statements. is. Such forward-looking statements are based on management’s beliefs 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 could cause actual results to differ materially from those contained in or implied by such forward-looking statements. affected by gender. These risks and uncertainties include, but are not limited to, loss history and limited earnings. our ability to raise additional capital; our ability to protect our intellectual property; changes in the business environment; changes in our sales strategies and product development plans; changes in the market; ongoing service of our executive management team; security breaches; biometric technology and competition in the identity access management industry; Market acceptance of biometric products in general and our products in development. the duration and severity of the current coronavirus COVID-19 pandemic and its impact on our business operations, sales cycles, personnel and the geographic markets in which we operate; Delays in product development and statements of underlying assumptions for any of the foregoing and other factors set forth in the captions of the Annual Report on Form 10-K for the year ended December 31, 2021 See “Risk Factors.” Readers are cautioned not to place undue reliance on these forward-looking statements. These forward-looking statements speak only as of the date they are made. Required by law. We undertake no obligation to disclose any revisions to these forward-looking statements, except as indicated – statements regarding new information, future events or other results. There may be other factors not currently known to us that could affect the matters discussed in the statements and could cause actual results to differ. In particular, the impact of the spread of COVID-19 on economic conditions, the industry in general, our financial condition and our business, especially our business performance, is important, rapidly changing and cannot be predicted.

BIO-key media contact:
Sarah Bursh
material communication
BIO-key@matternow.com
914-260-3158

Investor Contact:
William Jones, David Collins
catalytic IR
BKYI@catalyst-ir.com
212-924-9800

BIO key International Inc

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