Flexibility: Our solutions are designed to operate over any mix
of network and system infrastructures
Return to Top
Management Team:
|
Mike
DePasquale |
Chief
Executive Officer |
|
Randy
Fodero |
Vice
President of Sales |
|
Mira K.
LaCous |
Vice
President of Technology & Development |
|
Cecilia
Welch |
Chief
Financial Officer |
|
Charles
“Bud” Yanak |
Vice
President of Marketing |
Return to Top
Board of Directors:
|
Tom
Colatosti |
Chairman |
|
Mike
DePasquale |
Chief
Executive Officer, Director |
|
Jeff May |
Director |
|
Charlie
Romeo |
Director |
|
John
Schoenherr |
Director |
Return to Top
Products and Services:
BIO-key develops and licenses advanced biometric finger
identification technology that is cost effective, scalable and easy to deploy.
Biometrics is the science and technology of measuring and statistically
analyzing biological data. Implementation of this technology enables users to
verify identities through the submission of a biometric fingerprint sample.
We generate revenues by offering our biometric
identification software solutions to civil and commercial enterprises. Our
patented, high-performance biometric finger identification technology accurately
identifies and authenticates users of wireless and enterprise data to improve
security, convenience and privacy while reducing identity theft. BIO-key’s
biometric technology is a step ahead of AFIS or other biometric systems for
real-time identification of individuals. It provides a very discriminating set
of data, allowing us to do positive identification based on a single finger
scan. Utilization of our biometric software technology provides corporations
and agencies with the highest security to ensure the safety and steadfast
protection of valuable information as well as the ultimate tool to prevent
identity theft.
Return to Top
Our Customers:
Return to Top
Our Strategic Partners:
Return to Top
Financial Snapshot:
Details on our
financial performance
can be found in our recently
filed Form 10QSB and our earnings releases. These documents can be found in
the "SEC Filings" section of the investor
relations tab on our
website at
www.bio-key.com .
Return to Top
History:
BIO-key International Inc. a New Jersey based company,
was formed in 1993 and became a publicly traded company in 1997. In March 2004,
BIO-key acquired Public Safety Group and in September 2004 BIO-key acquired
Aether System’s Mobile Government Division. As a result of these acquisitions,
BIO-key became the premier supplier in North America of mobile wireless
technology for first responders.
In November of 2009, BIO-key sold the Law Enforcement
Division to InterAct Public Safety Systems. The total purchase price paid to
BIO-key for the Law Enforcement Division, after customary closing adjustments
were made, was approximately $11.3 million. As a result of this sale, entering
2010 BIO-key is net debt free and focused with what we believe is the world’s
most accurate and scalable finger biometric technology. As the biometric market
finally begins to emerge, we believe our long and sustained investment in
technology, our premier biometric customers and our licensing and reseller
business model provide us with the opportunity to be a high-margin growth
business.
"We are thrilled with the overwhelming
support we have received from our
shareholders for our vision, strategy and
future. As we enter a new year, we will be a
new company – net debt free and focused with
what we believe is the world’s most accurate
and scalable finger biometric technology. As
the biometric market finally begins to
emerge, we believe our long and sustained
investment in technology, our premier
biometric customers and our licensing and
reseller business model provide us with the
opportunity to be a high-margin growth
business".
Mike DePasquale
President & CEO
Return to Top
Investment Highlights:
Ø Achieved
profitability on strong revenue growth in second quarter ending June 30, 2008
Ø Streamlined and reorganized
business- one focused mission
Ø Highly unique and leading
fingerprint biometric platform co-developed with Oracle
Ø Extensive partner network
Ø Restructured balance sheet
Return to Top
Analyst Coverage:
|
Firm |
Analyst |
|
David
Sterman |
Jesup &
Lamont |
Any
analyst opinions, estimates or forecasts regarding BIO-key’s performance are
theirs alone and do not represent the opinions,
forecasts or predictions of
BIO-key or its management, and reference by BIO-key to any analyst information,
comment, research
or report does not imply BIO-key’s endorsement of or
concurrence with such information, conclusions or recommendations.
Return to Top
Register
to receive our Newsletter
