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BIO-key Debuts Robust Biometric/Bluetooth Carabiner Locks for Bikes, Scooters & Motorcycles and Smart Commercial Biometric Locks with Cloud Hosted Tracking and Reporting Capabilities at CES 2019LAS VEGAS and WALL, N.J., Jan. 03, 2019 (GLOBE NEWSWIRE) -- CES -- BIO-key International, Inc. (NASDAQ: BKYI), an innovative provider of biometric authentication and security solutions, today announced it will introduce a new line of robust biometric and Bluetooth enabled carabiner locks for bicycles, scooters and motorcycles at CES 2019 January 8th – 11th in BOOTH #36934 at the Westgate Convention Center in Las Vegas, Nevada. BIO-key will also be unveiling its new Smart Commercial Lock solution (SCL) which adds innovative cloud and wireless carrier connectivity to BIO-key’s existing biometric and Bluetooth TouchLock™ solutions. Robust Biometric Carabiner Locks for Bicycles, Scooters and Motorcycles Smart Commercial Lock Solution The SLC System provides an easy to manage physical security solution running on the Azure IoT Cloud platform that allows customers to monitor the movement, access and security of their products, thereby delivering a higher level of centralized security, management and peace of mind. SCL is an extension of BIO-key’s TouchLock biometric - Bluetooth enabled padlocks and bicycle locks as well as its line of Compact Fingerprint Scnners. Compact Fingerprint Scanners BIO-key’s fingerprint sensor technology and associated products are designed to enhance security and convenience by leveraging the company’s proprietary biometric innovations. BIO-key is committed to designing and developing new products that support IoT and provide the security necessary to protect our connected world. “CES’s 160,000 visitors come to see the very latest in technology-based innovations – providing an outstanding forum to introduce our new Carabiner Locks and Smart Commercial Lock solution,” stated Kelvin Wong, Managing Director, BIO-key Hong Kong. “Our SCL solution substantially expands the security, capabilities and value of physical locks by adding wireless remote tracking to our unique biometric and Bluetooth access control. Now consumers and enterprises can not only secure valuable goods, but also remotely monitor their location and access via the lock. Additionally, we have designed our SCL solution to be easily incorporated into other OEM solutions to expand the market potential of this innovative technology. This new technology reflects our R&D team’s commitment to leveraging our world-class biometric technologies to create new use cases and revenue opportunities that deliver value-added, user-friendly solutions,” added Mr. Wong. BIO-key's CEO Michael DePasquale commented, “We are excited to kick off 2019 showcasing our latest biometric technology solutions that bring enhanced security and ease of use to pervasive consumer and commercial Internet of Things (IOT) functions. We made solid progress in 2018 advancing our products and growing revenues across an increasingly diversified base of business, closing out the year with over $10M in orders for our biometric software solutions. With a solid base of revenue already booked for 2019 and an active business development effort kicking off at CES next week, we are very confident in our ability to drive continued growth in 2019.” About BIO-key International, Inc. (www.bio-key.com) BIO-key’s TouchLock line of fingerprint and Bluetooth-enabled padlocks brings the security and ease of use of biometric technology to your home, office, school, gym or pastimes. Available at a growing base of retail and e-tail outlets and via www.shopbio-key.com, these innovative padlocks provide even more ways to “BIO-key your world.” BIO-key Safe Harbor Statement
Investor & Media Contacts Photos accompanying this announcement are available at: //www.globenewswire.com/NewsRoom/AttachmentNg/44585102-8c58-4d4b-87a6-36f8ecb03084 |