BIO-key International, Inc.
BIO-key International Biometric Newsletter
 
     August 2008
bio banner #5


It is my pleasure to update you on the significant progress BIO-key has made in the first half of 2008 as our superior biometric technology continues to be incorporated by our partners in a wide array of applications in both the commercial and government markets. This was a period of solid growth for BIO-key International and we achieved profitability and strong revenue growth for our second quarter that ended June 30, 2008. 

Highlights Year To Date Include:

  • Launch of VST version 6.1 (see news block below for more details) )

  • WEB-key 3.1 and BSP 1.7 in Beta test

  • $2 Million contract for biometric software from Sagem Morpho, a global technology company (see next news block below for more details on this partnership).

  • U.S. Patent & Trademark Office patent issued (No. 7,359,553) covering BIO-key's image enhancement and data extraction core algorithm components

  • Successful completion of Bangladesh voter list, registering over 80 million voters in preparation for upcoming national election.

Along with the rest of the BIO-key team, I am very pleased to report our first quarter of corporate profitability as well as record quarterly revenues generated by our Biometric business. Many of the initiatives that we deployed over the last few quarters, from partnership agreements with leading technology suppliers and wireless carriers to expense management, have enabled us achieve our major operating objective - profitable growth. We believe the marketing and technology strategies we have developed and our growing pipeline of businesses have us on the right track to deliver continued operating growth.

These accomplishments put us in an enviable position and we look forward to building on the momentum we have established and a great 2008! 

 

 

Best Regards,

Mike DePasquale
 

                              Announcing Release of VST 6.1 

bio_finger&man               
                Here is a partial list of the enhancements made
                  to this powerful identification software solution.
  
New Features
  • More API's for faster, efficient modeling of business requirements
  • Supports Microsoft .NET 2.0
  • Even more readers supported (Atmel Swipe, Biometrika HiScan,
    Identix BTO-500 / BTO-200, Lumidigm )
  • Updated support for UPEK Touchstrip, AuthenTec, Silex S1, CrossMatch 
    V300's and more
  • Encrypted image storage in DB, to allow upgrading options. 
  • Broader LINUX support
  • Support for the following standards:
    • INCITS 378 -2004  Certification  
    • CBEFF Wrappers, BER-TLV wrappers
    • FIPS-201 GSA APL approved 
    • ISO 19794-2 and INCITS 378 compatibility
    • 378 -2004 /19794-2 to VST template compatibility
    • INCITS 381  Image Storage 
    • NIST NFIQ
    • NIST Segmentation
    • NIST WSQ
Improvements To Accuracy & Speed!
  • Enhanced database search accuracy and speeds!
    • Nearly double the accuracy of release 6.0
  • Even better accuracy with lower false reject rates!
         WEB-key 3.1 & BSP 1.8 In Beta Testing- To Be Released Shortly!
hand_index finger  
Our next releases of WEB-key (version 3.1) and BSP (version 1.7) are in final beta testing. WEB-key 3.1  includes a variety of great tools to enable our biometric authentication to be quickly and seamlessly integrated in virtually any application!
 

New Client Features

  • A simple "keyboard wedge" provides for fast integration into legacy applications
  • Device Security Settings
    • Control use based on assigned security levels of devices
  • Control Panel Updated to deliver more options
    • Including cameras and legacy adapter mode extension settings
  • Fingerprint enrollment flow can now be optionally directed from the server
  • Server download options for Quiet Mode and Reader List 
  • Updated default 'skins' provide new state of the art look and feel

New Server Features

  • E-mail / SMS event notification on server status
  • .NET 2.0 support for application server integration
  • NIST NFIQ & Segmentation Support
  • Encryption of stored images
  • Enhanced Reporting with more detail
  • Real Time Operation Statistics
  • Storage of all EFT Image elements (used by WEB-key or not)

New Installation Features
  • Server Installation for Windows general configurations
  • Server Installation for Linux general configurations
  • Database setup wizard
  • Demo applications
    • Standard general apps for Windows, ASP, JSP, .NET 2.0 applications
 

Additional Enhancements:
  • Updated Client Installation, easier and more flexible
  • Better Vista Operating System and Firefox browser support
  • Updated fingerprint reader installs
  • Database setup wizards 
  • Updated user guide
  • Even more server interfaces for expanded access to new features & functions
                                                     Our Superior Technology
DID YOU KNOW?  
BIO-key has the largest fingerprint template deployment in the world! Along with our partner, Tiger IT, we delivered a biometric-based credentialing solution for Bangladesh, enrolling 80+ Million voters!.    Click here to read more

To date, BIO-key along with our partners have enrolled over 400 MILLION ISO finger templates! 

BIO-key ranked 1st among all North American algorithms  in NIST INCITS 378-2004 testing,     Click here to view details

BIO-key was recently granted an image identification system patent! Our software delivers consistent quality images, resulting in higher accuracy and better user experience Click here to view press release
     
                                                            Recent Successes
 
BIO-key International, Inc. | Allaire Corporate Center | 3349 Highway 138 | Building D, Suite A | Wall | NJ | 07719