In our last Biometric Newsletter, we introduced the release of the latest version of VST, our core finger matching technology. In this issue I am proud to announce the release of our next generation WEB-key identification software which includes a host of new features! See the first news story below for more details on this exciting release!
 
I'd like to take this opportunity to update you on some of the significant advances that BIO-key has made since our August 2008 newsletter.

• We announced earlier this year a major contract with Sagem Morpho, where we are 'fusing' our BIO-key matching algorithm with Sagem's to create the most accurate, high performance solution for finger identification in the industry.  This fused offering will be utilized in a number of government programs including the upcoming FBI's NGI IAFIS opportunity. Equally important to BIO-key and our partnership is Sagem's position as the world's leading fingerprint-matching provider.  Together we will be well positioned to compete for large scale identification opportunities around the globe.

• As a result of the successful completion of the Bangladesh voter registration project, our customer, Major General Shafiqul Islam has been awarded the 2008 International Congress, ID World Award for Outstand Achievement. Be sure to read more about this achievement in the news story below.

• In the third quarter, we experienced strong order flow from our commercial biometric business segment. Some of these recent orders were for deployments by McKesson, AT&T, BNP Paribas Financial Services, Brand New Technologies in South Africa and ChoicePoint. More details on these and other breaking news stories can be found in the "Recent Successes" section below. 

• As a result of the company's commitment to improving operational efficiencies, we announced solid business results for the first nine months of the year.

2008 continues to be a 'banner year" for BIO-key as our biometric identification solutions continue to be implemented by our customers and partners in a wide spectrum of government and commercial applications worldwide! 

Best Regards,