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BIO-Key Responds to the Cry for Secure Authentication with New Passwordless Options at the 2024 Gartner® Identity & Access Management Summit: North America

GlobeNewswire LogoGlobeNewswire2w ago

BIO-Key Responds to the Cry for Secure Authentication with New Passwordless Options at the 2024 Gartner® Identity & Access Management Summit: North America - GlobeNewswire

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These risks and uncertainties include, without limitation, our history of losses and limited revenue; our ability to raise additional capital to satisfy working capital needs; our ability to continue as a going concern; our ability to protect our intellectual property; changes in business conditions; changes in our sales strategy and product development plans; changes in the marketplace; continued services of our executive management team; security breaches; competition in the biometric technology industry; market acceptance of biometric products generally and our products under development; our ability to convert sales opportunities to customer contracts; our ability to expand into Asia, Africa and other foreign markets; our ability to integrate the operations and personnel of Swivel Secure into our business; fluctuations in foreign currency exchange rates; delays in the development of products, the commercial, reputational and regulatory risks to our business that may arise as a consequence the restatement of our financial statements, including any consequences of non-compliance with Securities and Exchange Commission ("SEC”) and Nasdaq periodic reporting requirements; our temporary loss of the use of a Registration Statement on Form S-3 to register securities in the future; any disruption to our business that may occur on a longer-term basis should we be unable to remediate during fiscal year 2024 certain material weaknesses in our internal controls over financial reporting, and statements of assumption underlying any of the foregoing as well as other factors set forth under the caption "Risk Factors" in our Annual Report on Form 10-K for the year ended December 31, 2023 and other filings with the SEC.

BIO-key mentioned in two Gartner reports for passwordless and biometric authenticationHOLMDEL, N.J., Dec.09, 2024 (GLOBE NEWSWIRE) -- BIO-key® International, Inc.(NASDAQ: BKYI), an innovative provider of workforce and customer identity and access management (IAM) solutions for phoneless, tokenless, passwordless, and phishing-resistant authentication experiences, today announced that it was proud to be recognized in two Gartner reports in the past twelve months.

BIO-key supports 17 different authentication methods to help customers standardize on one flexible, yet affordable IAM platform that provides centralized authentication management while integrating with key identity platforms like Cisco DUO, ForgeRock, PING, and recently, Microsoft Entra ID.

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Article Details

Author / Journalist: BIO-key International, Inc.

Category: Technology

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-09 @ 13:28:00 (2 weeks ago)

News Timezone: GMT +8:00

News Source URL: globenewswire.com

Language: English

Article Length: 1218 words

Reading Time: 7 minutes read

Sentences: 28 lines

Sentence Length: 44 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © GlobeNewswire

News ID: 24277632

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Official Website: globenewswire.com

Update Frequency: 15 posts per day

Year Established: 1998

Headquarters: China

News Last Updated: 8 hours ago

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Publisher ID: #116

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