HOLMDEL, N.J., March 25, 2026 (GLOBE NEWSWIRE) -- BIO-key International, Inc. (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 #:1-877-418-5460 U.S. ...

Core Insights - BIO-key International, Inc. has formed a strategic partnership with TD SYNNEX Public Sector to enhance identity and access management solutions for government agencies [1][2][4] Group 1: Partnership Details - The partnership aims to provide a streamlined procurement path for government entities to adopt Zero Trust architectures and phishing-resistant multi-factor authentication [2] - BIO-key's PortalGuard IAM platform and Passkey:YOU™ biometric solutions will be integrated into DLT's portfolio, facilitating easier deployment of identity security solutions [2][3] Group 2: Strategic Importance - This collaboration is seen as a significant milestone for BIO-key in advancing its mission to enhance government security through Identity-Bound Biometrics [4] - The partnership is expected to improve cybersecurity posture, reduce risk, and provide secure access to critical systems for government agencies [4][5] Group 3: Technical Capabilities - Key capabilities offered through the partnership include compliance with various regulations such as Criminal Justice Information Services (CJIS), HIPAA, and NIST SP 800-171 [3] - BIO-key's solutions include identity-bound biometrics, centralized control via the PortalGuard platform, and support for over twenty authentication methods [7][8]

Core Insights - BIO-key International, Inc. has received a new order worth $280,000 from a foreign defense ministry to expand its biometric user authentication deployment, bringing total business from this customer to $1.14 million over the past year [1] - The company has secured over $2 million in total orders from the military and defense sector in the last 12 months, indicating significant growth compared to the previous year [1] Group 1: Company Developments - The demand for BIO-key's biometric authentication solutions has increased due to rising geopolitical tensions, particularly in the Middle East, leading to a heightened need for secure authentication among defense and intelligence agencies [2] - BIO-key's platform supports phoneless and tokenless authentication for Sensitive Compartmented Information Facilities (SCIFs) and Foreign Material Exclusion (FME) areas, which are critical in defense operations [3] - The company now supports authentication for over 50,000 licensed users at the mentioned customer, showcasing its capability to scale to millions of users across large enterprises and government agencies [3] Group 2: Strategic Initiatives - BIO-key has been a trusted supplier to the defense ministry since 2017, emphasizing its commitment to delivering high security, usability, and ease of deployment [4] - The launch of BIO-key's Defense & Intelligence Cybersecurity Initiative in mid-2025 aims to provide hardened biometric authentication solutions to military and intelligence customers, which has already strengthened security for several new defense agency clients [4] - The company serves military, defense, and government agencies in multiple countries, including Europe and the Middle East, and anticipates continued growth in its Defense & Intelligence Cybersecurity Initiative due to rising global hostilities and cyber threats [4]

Financial Results - BIO-key International, Inc. reported its financial results for the year ending 2025 on March 3, 2026[5]. - The company’s cash position at year-end 2025 was highlighted in the press release[5]. - Specific financial metrics and performance indicators were not detailed in the provided content[5]. - The press release is attached as Exhibit 99, which may contain further financial details[7]. - The report was signed by Cecilia C. Welch, Chief Financial Officer, indicating official acknowledgment of the financial results[11]. Legal and Regulatory - The filing is not considered "filed" under the Securities Exchange Act, which may affect its legal implications[6]. - The company has not indicated whether it is an emerging growth company in this report[4]. Company Information - The company is registered under the Nasdaq Capital Market with the trading symbol BKYI[3]. - No information regarding user data, future outlook, or new product developments was provided in the content[5]. - There are no details on market expansion or mergers and acquisitions in the provided content[5].

Core Insights - BIO-key International, Inc. has secured a $1.04 million license renewal and expansion order from a foreign retail bank, marking a 30% increase over the previous year's renewal value [1] - The company reported a year-end cash position of $2.7 million, which, along with anticipated license renewals and receivables collections, is expected to support its growth plans [2] - The biometric identification technology deployed by the bank has expanded from 7 million enrolled clients in 2015 to over 30 million today, managing more than 300 million fingerprints [4] Financial Position - The company believes it has sufficient cash and anticipated cash inflows to support its internal growth initiatives [2] - The Chairman and CEO expressed confidence in the company's financial footing, highlighting the $2.7 million cash position and improving visibility on renewal activity and business development opportunities [3] Technology Deployment - The bank's biometric identification program is expected to grow by 5% in client enrollment over the coming year [4] - Approximately 10,000 bank employees utilize BIO-key's fingerprint technology for authentication, enhancing security and reducing unauthorized activity [5] Industry Context - The importance of identity assurance in modern banking is emphasized, as banks increasingly automate and utilize AI-assisted operations [6] - BIO-key's scalable biometric platform supports the customer's growth over the last decade, reinforcing the need for robust systems to authenticate customer interactions [6]

Core Insights - BIO-key International, Inc. has secured a $1.04 million license renewal and expansion order from a foreign retail bank, marking a 30% increase over the previous year's renewal value [1] - The bank's biometric identification technology has grown from 7 million enrolled clients in 2015 to over 30 million today, managing more than 300 million fingerprints [4] - The company reported a year-end cash position of $2.7 million, indicating sufficient cash and anticipated inflows to support growth plans [2][3] Company Developments - The renewal order reflects the customer's ongoing expansion of the biometric solution deployment [1] - Approximately 10,000 bank employees utilize BIO-key's fingerprint technology for authentication, enhancing security and reducing unauthorized activity [5] - The biometric system supports the bank's know-your-customer (KYC) processes, ensuring strong identity verification and trust [5] Industry Trends - Identity assurance is becoming crucial for modern banking, especially as operations become more automated and AI-assisted [6] - The demand for robust systems to authenticate customer interactions is increasing, highlighting the importance of biometric solutions in the banking sector [6] - BIO-key's scalable biometric platform has supported significant growth for its customer over the past decade, indicating a trend towards biometric-centric identity management [6]

Core Insights - BIO-key International, Inc. has entered into a multi-year agreement with Sociedade Interbancária de Moçambique (SIMO) to enhance identity and access security in Mozambique's financial ecosystem [1][3] - The partnership aims to modernize SIMO's identity security infrastructure, aligning with international best practices and supporting the digital transformation of Mozambique's financial sector [3][4] Group 1: Agreement Details - The agreement involves the integration of BIO-key's PortalGuard® IAM platform, PIN:You™ tokenless authentication, and Single Sign-On (SSO) capabilities into SIMO's environment [2] - This collaboration builds on a previous IAM deployment in May 2025 for a major National Bank in Mozambique [1] Group 2: Strategic Importance - SIMO plays a crucial role in Mozambique's banking system by providing interoperability, clearing, and settlement services through the national electronic payments network, SIMOrede [4][6] - As digital banking adoption increases in Mozambique, the need for robust identity security is essential for maintaining trust and regulatory compliance [4] Group 3: Stakeholder Perspectives - Juna Chiloveque, SIMO's CISO, emphasized the importance of identity security for ensuring trust and operational resilience in payment services [5] - Miguel Guerreiro from RunLevel highlighted the commitment to strengthening digital trust across Africa's financial ecosystems through this partnership [5] - Alex Rocha from BIO-key noted that the collaboration marks a significant step in supporting secure digital banking infrastructure in Mozambique [5]

Core Insights - BIO-key International, Inc. is launching its first office in India, located in Mumbai, to enhance its presence in the region and support local enterprises with identity and access management solutions [1][3] - The initiative aligns with the recent EU-India free trade agreement, which is the largest trade pact between the two economies, aimed at reducing tariffs and fostering economic cooperation in key sectors [2][5] - The partnership with Citadel Global will facilitate the delivery of BIO-key's IAM and biometric technologies, enhancing cybersecurity for large enterprises and financial institutions in India [4][5] Company Expansion - The new Mumbai office will be staffed by a local team and will leverage Citadel Global's market infrastructure for pre-sales engagement, deployment support, and customer success services [1][4] - BIO-key's portfolio includes various IAM solutions such as PortalGuard® IAM and passwordless authentication technologies, which will be made available through this partnership [4][7] Market Context - The expansion into India is part of a broader strategic initiative by international partners to strengthen technology ties with India following the EU-India free trade agreement, which is expected to create significant opportunities for trade in services and technology [5] - The Indian market is identified as a pivotal growth area for digital identity and cybersecurity innovation, with the collaboration expected to enhance compliance, customer trust, and operational efficiency for Indian enterprises [5][6]

Core Insights - BIO-key International, Inc (BKYI) shares increased approximately 40% in pre-market trading following the announcement of a significant contract win in Portugal for securing digital identities across a municipal ecosystem [1] Group 1: Contract Details - BIO-key, in partnership with Visualforma, has received a mandate to modernize digital identity and access management for a major municipality in Portugal, expanding BIO-key's presence in the European public sector [2] - The contract involves a structured rollout of BIO-key's identity and access management (IAM) and biometric authentication technologies across various municipal administrations, educational institutions, and healthcare entities [3] - The deployment is already operational in a major tourist city, supporting high-volume digital services for residents and visitors [3] Group 2: Implementation Goals - The implementation aims to secure access to critical government systems, enhance regulatory compliance, and provide a unified digital identity experience for public employees, residents, and international visitors [4] - BIO-key's IAM and biometric portfolio has been integrated into selected municipal environments, creating reference architectures for replication in additional regions [5] Group 3: Strategic Partnership and Expansion - The nationwide rollout will be led by Visualforma, allowing BIO-key to scale its solutions across more than 250 public-sector organizations [6] - This initiative aligns with Portugal's broader smart-city and digital-government strategies, focusing on secure, scalable, and auditable access to public platforms [6] Group 4: Stock Performance - BKYI shares have fluctuated between $0.51 and $1.97 over the past year, closing at $0.54 before the announcement, and are currently trading at $0.76 in pre-market, reflecting a 40.26% increase [7]

Core Insights - BIO-key International, Inc. has formed a strategic partnership with Visualforma to enhance digital identity and access management for Portuguese municipal councils, focusing on cybersecurity and public digital services [1][5][7] Group 1: Partnership Details - Visualforma will spearhead the nationwide implementation of BIO-key's Identity and Access Management (IAM) and biometric authentication technologies across over 250 government organizations in Portugal [2] - The partnership aims to secure access to critical digital services, enhance cybersecurity controls, and ensure regulatory compliance within municipal administrations, educational institutions, and healthcare entities [2][4] Group 2: Implementation and Impact - The agreement includes deploying BIO-key's technologies in a major tourist city, addressing security and scalability needs for high-volume citizen and visitor services [3] - BIO-key's IAM and biometric solutions have already been operationalized in selected municipal environments, serving as reference architectures for further deployments [4] Group 3: Company Profiles - Visualforma is a well-established technology integrator in Portugal, recognized for its expertise in digital transformation and cybersecurity, with over 30 years of experience in the public sector [9] - BIO-key International specializes in biometric-centric IAM solutions, securing access for over 40 million users and offering various authentication methods, including phoneless and passwordless options [10]