BIO-key adds Technology Transfer Institute of Africa to its Channel Alliance Program; Bolstering Sales Reach in Large, High-G...
November 04 2019 - 6:56AM
BIO-key International, Inc. (NASDAQ:
BKYI), an innovative provider of biometric
authentication and security solutions, today announced that the
company has added Technology Transfer Institute of Africa (TTI) as
a Channel Alliance Partner (CAP). The CAP program is designed
for Managed Service Providers (MSP’s), Security Integrators, and
value-added resellers (VAR’s) who specialize in providing security
solutions to their customers.
The CAP program, announced in September, enables
partners to represent BIO-key’s complete line of biometric
authentication solutions from our large scale identity management
products to BIO-key’s ID Director for Windows which operates with
Microsoft Active Directory to deliver biometric Single Sign-on
(SSO) or Multi-factor authentication (MFA) across the
organization. The suite of partner solutions also includes ID
Director for SAML (biometric authentication into SAML enabled apps)
and BIO-key’s complete line of compact fingerprint scanners that
have been tested and qualified by Microsoft to support Windows
Hello and Windows 10.
Emmanuel Alia CEO of Technology Transfer
Institute of Africa stated, “We are very excited to become a
BIO-key Channel Alliance Partner. On August 29, 2019, The
Government of Imo State in Nigeria signed a Memorandum of
Understanding on the establishment of Technology Transfer Institute
of Africa (TTIA) in Owerri, its capital city. The MOU
establishes a private public partnership in which TTIA can
introduce to the Imo State government, other African states and
countries innovative technologies such as BIO-key’s Civil ID and
Multi-Factor Authentication Solutions. Due to the very high
demand for biometric and identity solutions in Nigeria and
throughout Africa, we sought out to partner with a company with a
wide range of biometric solutions that could be implemented
immediately. As an example of the demand, less than a week
after signing our MOU the World Bank approved $433m (USD) for a
Nigerian biometric national ID registration program.”
Fred Corsentino, BIO-key’s Chief Revenue Officer
said, “We are pleased to add TTI to our CAP program, given their
expertise in the African market where demand for biometric security
is significant. This partnership extends BIO-key’s sales
reach within this extensive market, particularly as the need for
convenient, reliable and scalable civil ID and multi-factor
security grows”.
About BIO-key International, Inc.
(www.bio-key.com)BIO-key is
revolutionizing authentication with biometric solutions that enable
convenient and secure access to information and high-stakes
transactions. We offer alternatives to passwords, PINs, tokens, and
cards to make it easy for enterprises and consumers to secure their
devices as well as information in the cloud. Our premium finger
scanning devices offer market-leading quality, performance and
price – providing more ways to BIO-key your world!
BIO-key Safe Harbor
StatementAll 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
ability to develop new products and evolve existing ones, customer
and market acceptance of biometric solutions generally and our
specific offerings, our ability to expand sales within existing
customer relationships, our ability to raise additional capital,
and our ability to attract and retain key personnel. For a
more complete description of these and other risk factors that may
affect the future performance of BIO-key International, Inc., see
"Risk Factors" in the Company's Annual Report on Form 10-K for the
year ended December 31, 2018 and its 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. The Company undertakes no
obligation to disclose any revision to these forward-looking
statements to reflect events or circumstances after the date
made.
Facebook – Corporate: |
|
BIO-key International |
Twitter – Corporate: |
|
@BIOkeyIntl |
Twitter – Investors: |
|
@BIO_keyIR |
StockTwits: |
|
@BIO_keyIR |
Investor & Media
ContactsWilliam Jones, David CollinsCatalyst
Global212-924-9800bkyi@catalyst-ir.com
BIO key (NASDAQ:BKYI)
Historical Stock Chart
From Apr 2024 to May 2024
BIO key (NASDAQ:BKYI)
Historical Stock Chart
From May 2023 to May 2024