BKYI Bio key International

Global Medical Device Company Expands Deployment of BIO-key Biometric Authentication to Streamline Employee Training

Global Medical Device Company Expands Deployment of BIO-key Biometric Authentication to Streamline Employee Training

WALL, N.J., Aug. 31, 2020 (GLOBE NEWSWIRE) -- (NASDAQ: BKYI), an innovative provider of identity and access management (IAM) solutions powered by biometrics, today announced that its long-time customer, global medical device manufacturer ICU Medical, Inc., has expanded its use of BIO-key biometric authentication to its new staff training program, streamlining check-in and automating FDA compliance recordkeeping.

ICU Medical has been successfully using BIO-key biometric authentication solutions since 2005, initially to streamline and automate an FDA-regulated Quality Control (QC) signoff process within Oracle ERP during product manufacturing. This lean-process innovation shaved significant time off the production of their infusion products while ensuring in real-time that the signing QC staff member was properly authorized and trained to perform the specific QC process, compliant with Code of Federal Regulations (CFR) 21 part 11.

As ICU Medical has grown over the past 15 years, BIO-key biometric authentication has enabled the company to seamlessly add users and worldwide locations without having to buy, issue, or track any physical tokens for each staff member. The integration of BIO-key has greatly simplified ICU Medical’s onboarding and offboarding process.

Recently, ICU Medical wanted to add a secure, user-friendly method to authenticate access to iLearning, a staff training platform from Seertech that incorporates content, accounting, and reporting functions. They leveraged the existing successful BIO-key authentication platform for a larger group of users and are seeing the benefits in terms of faster training sign-ins, simplified accounting, and a better user experience.

“We are thrilled to see ICU Medical finding new ways to streamline operations using their investment in BIO-key’s one-touch, strong authentication,” stated Jim Sullivan, BIO-key SVP of Strategy and Chief Legal Officer. “By adding BIO-key efficiency to their digital learning initiatives, the company simplified the process of maintaining its training requirements, while providing its employees with the tools to make their jobs easier.”

About BIO-key International, Inc. ()

BIO-key is revolutionizing authentication with biometric solutions that enable convenient and secure access to devices, information, applications, and high-value transactions. BIO-key’s software and hardware finger scanning solutions offer secure, user-friendly, and attractively priced alternatives to passwords, PINs, tokens, and security cards, enabling enterprises and consumers to secure their networks and devices as well as their information in the cloud.

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; the duration and severity of the current coronavirus COVID-19 pandemic and its effect on our business operations, sales cycles, personnel, and the geographic markets in which we operate; 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 see “Risk Factors” in our Annual Report on Form 10-K for the year ended December 31, 2019 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, the company undertakes no obligation to disclose any revision to these forward-looking statements whether as a result of new information, future events, or otherwise. Additionally, there may be other factors of which the company is not currently aware that may affect matters discussed in forward-looking statements and may also cause actual results to differ materially from those discussed. In particular, the consequences of the coronavirus outbreak to economic conditions and the industry in general and the financial position and operating results of our company in particular have been material, are changing rapidly, and cannot be predicted.

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

Investor & Media Contacts

William Jones, David Collins

Catalyst IR

212-924-9800

EN
31/08/2020

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 2025 Results and Substantially Improved Cash Position,...

BIO-key Reports 2025 Results and Substantially Improved Cash Position, Supporting Expected Strong Growth in 2026; Investor Call Today at 10am ET HOLMDEL, N.J., March 31, 2026 (GLOBE NEWSWIRE) -- (Nasdaq: BKYI), a global leader in Identity and Access Management (IAM) and biometric authentication technologies, announced its fourth quarter (Q4’25) and year ended December 31, 2025 (2025) results. BIO-key will host an investor call today at 10:00am ET (details below). Highlights:  • 2025 Revenue: $6.1M • 2026 Outlook: Solid revenue growth + improved bottom line • Preliminary Q1’26 Revenue: $...

 PRESS RELEASE

Identity and Biometric Authentication Cybersecurity Provider BIO-key t...

Identity and Biometric Authentication Cybersecurity Provider BIO-key to Host Year-End Investor Call Tuesday, March 31st at 10am ET HOLMDEL, N.J., March 25, 2026 (GLOBE NEWSWIRE) -- (NASDAQ: BKYI), a global leader in Identity and Access Management (IAM) and biometric authentication technologies, will host its 2025 year-end investor call on Tuesday, March 31st at 10 a.m. ET with results issued prior the market opening. Mike DePasquale, Chairman & CEO and Cecilia Welch, CFO will lead the conference call and Q&A session. Call Details Date / Time:Tuesday, March 31st at 10 a.m. ETCall Dial In ...

 PRESS RELEASE

BIO-key Partners with TD SYNNEX Public Sector (DLT) to Deliver Identit...

BIO-key Partners with TD SYNNEX Public Sector (DLT) to Deliver Identity-Bound Biometric and IAM Solutions to the U.S. Public Sector HOLMDEL, N.J., March 12, 2026 (GLOBE NEWSWIRE) -- (NASDAQ: BKYI), an innovative provider of workforce and customer identity and access management (IAM) solutions enabling phoneless, tokenless, passwordless, and phishing-resistant authentication, today announced a strategic partnership with , a leading technology partner to the U.S. public sector, to bring BIO-key’s comprehensive suite of security solutions to federal, state, and local government agencies. DL...

 PRESS RELEASE

BIO-key Surpasses $2M of Military/Defense Sales over Last 12 months wi...

BIO-key Surpasses $2M of Military/Defense Sales over Last 12 months with Follow-on Order From Foreign Defense Ministry; Geopolitical Tensions Raise Stakes for Securing Intelligence Against Cyber Threats  HOLMDEL, N.J., March 05, 2026 (GLOBE NEWSWIRE) -- (NASDAQ: BKYI), a provider of biometric-centric Identity and Access Management (IAM) solutions, today announced that the cyber-defense unit of a foreign defense ministry placed a $280,000 in new order to expand its deployment of BIO-key’s biometric user authentication to additional personnel. The order brings total business booked from th...

 PRESS RELEASE

Retail Bank Executes Expanded $1.04M License Renewal for BIO-key Biome...

Retail Bank Executes Expanded $1.04M License Renewal for BIO-key Biometric Identity Solution Serving 30M Clients Year-End Cash Position, License Renewal Activity and Receivables Collections Provide Sound Financial Position to Support Growth HOLMDEL, N.J., March 03, 2026 (GLOBE NEWSWIRE) -- (NASDAQ: BKYI), a global leader in biometric-centric Identity and Access Management (IAM) solutions, today announced it has secured a $1.04M license renewal and expansion order for its biometric identification solution from a foreign retail bank, a customer since 2015. Reflecting the customer’s ongoi...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch