BKYI Bio key International

University of Iowa Hospitals and Clinics Secure Access to Epic Hyperdrive with BIO-key PortalGuard® and Identity-Bound Biometrics

University of Iowa Hospitals and Clinics Secure Access to Epic Hyperdrive with BIO-key PortalGuard® and Identity-Bound Biometrics

WALL, N.J., June 08, 2023 (GLOBE NEWSWIRE) -- (NASDAQ: BKYI), an innovative provider of workforce and customer identity and access management (IAM) solutions featuring (IBB), announced that its longstanding customer University of Iowa Hospitals & Clinics (UIHC) would add BIO-key’s platform to expand its existing BIO-key biometric authentication investment as it migrates from Epic Systems’ legacy Hyperspace application to the new browser-based Hyperdrive interface.

UIHC is integrating PortalGuard with Epic Hyperdrive to provide SSO (Single Sign-on) capabilities that leverage their current BIO-key biometric authentication deployment and to avoid user re-enrollment or the adoption of more cumbersome, expensive, or shared multi-factor authentication solutions. Driving the UIHC project timeline is the Epic requirement that customers migrate to Hyperdrive by the November 2023 release deadline.

BIO-key’s PortalGuard platform fully supports Hyperdrive’s modern authentication approach through its industry-standard SAML Identity Provider (IdP) capabilities. PortalGuard provided the required integration with Hyperdrive while allowing UIHC users to enjoy BIO-key’s secure and streamlined biometric authentication user experience. Additionally, UIHC could gain additional value by leveraging PortalGuard as its IdP and therefore use biometric authentication for integrated SAML, OAuth, and OpenID Connect options to extend security benefits to other hospital applications.

"Like most of BIO-key’s other healthcare customers, UIHC uses Epic as a mission-critical application," said Mark Cochran, President of BIO-key – PortalGuard. "Our customers require the security and convenience of BIO-key’s unique IBB capabilities to create a long-lasting, personalized biometric authentication experience that users prefer over phones or tokens. We all know that shared workstations are common in healthcare, yet most competitive solutions do not address them effectively, resulting in potential vulnerabilities due to token or card sharing for the sake of expediency. Our IBB solution balances security and convenience to deliver a cost-effective, robust authentication experience that users enjoy with the security that healthcare providers require."

About BIO-key International, Inc. ()

BIO-key is revolutionizing authentication and cybersecurity with biometric-centric, multi-factor identity and access management (IAM) software managing millions of users. Its cloud-based PortalGuard IAM solution provides cost-effective, easy-to-deploy, convenient, and secure access to devices, information, applications, and high-value transactions. BIO-key's patented software and hardware solutions, with industry-leading Identity-Bound Biometric (IBB) capabilities, enable large-scale Identity-as-a-Service (IDaaS) solutions, as well as customized on-premises solutions.

BIO-key Safe Harbor Statement

All statements contained in this press release other than statements of historical facts are "forward-looking statements" as defined in the Private Securities Litigation Reform Act of 1995 (the "Act"). The words "estimate," "project," "intends," "expects," "anticipates," "believes" and similar expressions are intended to identify forward-looking statements. Such forward-looking statements are made based on management's beliefs, as well as assumptions made by, 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 may cause actual results to differ materially from those included within or implied by such forward-looking statements. These risks and uncertainties include, without limitation, our history of losses and limited revenue; our ability to raise additional capital; 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 execute and deliver on contracts in Africa; 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 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, 2022 and other filings with the Securities and Exchange Commission. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date made. Except as required by law, we undertake no obligation to disclose any revision to these forward-looking statements whether as a result of new information, future events, or otherwise.

Engage with BIO-key:

Facebook – Corporate:
LinkedIn – Corporate:
Twitter – Corporate:
Twitter – Investors:
StockTwits:

Investor Contacts:

William Jones, David Collins

Catalyst IR



212-924-9800



EN
08/06/2023

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Bio key International

 PRESS RELEASE

BIO-key Reports Q1’25 Revenue of $1.6M and Improved Cash Position of $...

BIO-key Reports Q1’25 Revenue of $1.6M and Improved Cash Position of $3.1M; Hosts Investor Call Tomorrow, Friday May 16th at 10am ET HOLMDEL, N.J., May 15, 2025 (GLOBE NEWSWIRE) -- (Nasdaq: BKYI), an innovative provider of workforce and customer Identity and Access Management (IAM) solutions featuring passwordless, phoneless and tokenless Identity-Bound Biometric (IBB) authentication, announced results for its first quarter (Q1’25). BIO-key will host an investor call tomorrow, Friday, May 16th at 10:00am ET (details below). BIO-key CEO, Mike DePasquale commented, “Our revenue rose app...

 PRESS RELEASE

BIO-key, Provider of Identity and Access Management Solutions Enhanced...

BIO-key, Provider of Identity and Access Management Solutions Enhanced with Biometric Authentication Hosts Q1 Investor Call Fri. May 16th at 10am ET HOLMDEL, N.J., May 09, 2025 (GLOBE NEWSWIRE) -- (NASDAQ: BKYI), an innovative provider of Identity and Access Management solutions with unique Identity-Bound Biometric capabilities, will host its first quarter 2025 investor call on Friday, May 16th at 10 a.m. ET. Results will be released after market close on Thursday. Mike DePasquale, Chairman & CEO and Cecilia Welch, CFO will lead the conference call and Q&A session. Call DetailsDate / T...

 PRESS RELEASE

BIO-key Regains Compliance with Nasdaq Listing Rules After Receiving N...

BIO-key Regains Compliance with Nasdaq Listing Rules After Receiving Notice of Non-Compliance HOLMDEL, N.J. , April 24, 2025 (GLOBE NEWSWIRE) -- (NASDAQ: BKYI), an innovative provider of workforce and customer Identity and Access Management (IAM) solutions featuring passwordless, phoneless and token-less Identity-Bound Biometric (IBB) authentication, announced today that on April 17, 2025, it received a notification letter from The Nasdaq Stock Market, LLC informing the Company that it was not in compliance with Nasdaq Listing Rule 5250(c)(1), which requires listed companies to timely fi...

 PRESS RELEASE

BIO-key Partners with Arrow ECS Iberia to Strengthen Access to its Ide...

BIO-key Partners with Arrow ECS Iberia to Strengthen Access to its Identity and Access Management Solutions in Spain and Portugal BIO-key to be Introduced at Arrow ECS Iberia Partner Event in Lisbon April 2nd LISBON, Portugal and HOLMDEL, N.J., March 31, 2025 (GLOBE NEWSWIRE) -- (NASDAQ: BKYI), an innovative provider of workforce and customer Identity and Access Management (IAM) software for phoneless, tokenless, passwordless, and phishing-resistant authentication experiences, today announced a strategic partnership with Arrow ECS Iberia, a leading cybersecurity and enterprise IT solut...

 PRESS RELEASE

BIO-key Trims 2024 Net Loss 49% to $4.3M, Reflecting Higher Gross Marg...

BIO-key Trims 2024 Net Loss 49% to $4.3M, Reflecting Higher Gross Margin and Lower Operating Costs, Offsetting 11% Revenue Decrease Due to Business Transition; Hosts Investor Call Today at 10am ET HOLMDEL, N.J., March 27, 2025 (GLOBE NEWSWIRE) -- (Nasdaq: BKYI), an innovative provider of workforce and customer Identity and Access Management (IAM) solutions featuring passwordless, phoneless and token-less Identity-Bound Biometric (IBB) authentication, announced results for its fourth quarter (Q4’24) and year ended December 31, 2024 (2024). BIO-key’s 2023 results, which were restated and f...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch