NATIONAL CITY, Calif. and WALL, NJ, May 09, 2022 (GLOBE NEWSWIRE) — BIO-key International, Inc. (BKYI), an innovative provider of workforce and customer identity and access management (IAM) solutions with identity-linked biometrics (IBB), today announced YYK Enterprises Operations, LLC (YYK), a provider of structural and mechanical repair/preservation services to the military and commercial maritime industries, has selected BIO-key’s PortalGuard® IAM platform, including web key biometric authentication, to provide its personnel with strong authentication security for critical applications and data.
YYK was looking for a new IAM solution to improve authentication security and better support for US government security requirements for data and data encryption (eg NIST, FIPS). In addition to supporting these vital authentication security requirements, YYK needed a solution to improve user satisfaction by eliminating password fatigue and enhancing security with multi-factor authentication (MFA) options ). With the PortalGuard IAM platform with WEB key, YYK can now use biometric authentication to confirm the true identity of the user, not just the hardware device they are using, without injecting a more cumbersome or time-consuming MFA process, providing a passwordless login experience. Another win for the YYK team was to single-source the complete solution from BIO-key, including the use of PIV-Pro fingerprint readers, which are the highly accurate FIPS 201 compliant scanner from BIO-key, offering best-in-class biometric fingerprint authentication for its customers. .
“Based on our search for an enterprise IAM solution that provides secure passwordless authentication and meets US government compliance requirements, we can validate the significant value provided by the PortalGuard IAM platform and the capabilities compared to other vendor solutions,” said William Elks, IT Manager, YYK Enterprises. “We look forward to a long, mutually beneficial partnership with BIO-key.”
“We are excited to add YYK to our community of customers that support both military and commercial customers,” said Mark Cochran, President of BIO-key – PortalGuard. “Our team has extensive experience enabling government agencies and their contractor partners to meet the challenges of an evolving threat landscape while securing their operations cost-effectively.”
About YYK Enterprises Operations, LLC (www.yykenterprises.com)
Founded in 1980, YYK Enterprises quickly established a reputation with the military and commercial industry as one of the best and most trusted in this field in the San Diego area. YYK has maintained its competitiveness and quality standard while meeting ever-changing industry demand. YYK prides itself on its quality control and its inspection system is designed to meet the requirements of 009-32. YYK has successfully impressed its customers with quality workmanship and looks forward to continuing its record of service to the marine industry.
About BIO-key International, Inc. (www.BIO-key.com)
BIO-key has over two decades of expertise in delivering authentication technologies for thousands of organizations and millions of users and is revolutionizing authentication with multi-factor Identity and Access Management (IAM) solutions and biometrics, including its PortalGuard IAM solution, which provides convenient and secure access to high-value devices, information, applications and transactions. BIO-key’s patented software and hardware solutions with state-of-the-art biometric capabilities enable on-premises and cloud-based identity-as-a-service (IDaaS) solutions at scale, as well as customized enterprise solutions .
BIO-key Safe Harbor Statement
All statements in this press release other than statements of historical fact are “forward-looking statements” as defined in the Private Securities Litigation Reform Act of 1995 (the “Act”). The words “estimate”, “project”, “intend”, “expect”, “anticipate”, “believe” and similar expressions are intended to identify forward-looking statements. These forward-looking statements are made on the basis of management’s beliefs, as well as assumptions made by management and information currently available to it, in accordance with 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 in or implied by these forward-looking statements. These risks and uncertainties include, but are not limited to, our limited loss and revenue history; our ability to raise additional capital; our ability to protect our intellectual property; changes in trading conditions; changes in our sales strategy and product development plans; market changes; the continued services of our senior management team; security failures; competition in the biometric technology industry; market acceptance of biometric products generally and our products under development; the duration and severity of the current coronavirus COVID-19 pandemic and its effect on our business operations, sales cycles, people and the geographic markets in which we operate; delays in product development and statements of assumptions underlying any of the above and other factors set forth under “Risk Factors” in our Annual Report on Form 10-K for fiscal year ended December 31, 2020 and others filed 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 assumes no obligation to disclose any revisions to these forward-looking statements. forward-looking statements, whether as a result of new information, future events or otherwise. In addition, there may be other factors not currently known to the Company that may affect the matters addressed in the forward-looking statements and may also cause actual results to differ. materially from those discussed, in particular the consequences of the coronavirus epidemic on economic conditions and the industry in general and the financial situation and operations The results of our Company, in particular, have been significant, are changing rapidly and do not can be predicted.
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