SOURCE: BioPassword

January 07, 2008 08:00 ET

BioPassword Selected as a Finalist for the 13th Annual WSA Industry Achievement Awards

Provider of Innovative Multi-Factor Authentication Software Named a Finalist for Business Product of the Year Award

SEATTLE, WA--(Marketwire - January 7, 2008) - BioPassword, Inc., the leader in software-only strong authentication, today announced that they were selected as a finalist for business product of the year for WSA's13th annual Industry Achievement Awards (IAA), which recognizes local companies, agencies and individuals who best demonstrate innovation and excellence in technology. WSA is Washington's technology association with over 1,000 member companies representing more than 100,000 software, Internet, telecommunications and technology company employees.

"WSA attracts the leaders in technology and we are honored to be recognized for our innovative enterprise authentication software," said Doug Wheeler, vice president of marketing at BioPassword, Inc. "This recognition from the WSA, along with our dramatic growth in customers, underscores our positive momentum and the growing need for a simple, reliable authentication solution that enables secure access to information, networks, and e-commerce."

BioPassword's authentication software platform is based on a simple, yet powerful, combination of the user's standard logon credentials (user name and password), and applies keystroke biometrics (their unique typing rhythm) as a second authentication factor. In addition, BioPassword offers complementary software authentication factors such as knowledge-based authentication (user selected questions and answers) or software one-time passwords (single use password delivered to your mobile device) to create the only authentication solution that makes available -- something you know with something you are and something you have. BioPassword is accurate, secure, scalable to millions of users and immediately deployable across the enterprise and the Internet without impacting users.

This year's IAA event, which attracts more than 1,000 business and community leaders each year, will take place Feb. 7, 2008 at the Westin Hotel in Seattle. Suzie Reider, chief marketing officer at YouTube.com, will be the keynote speaker.

"We were ecstatic to receive a record number of entries this year for the IAA," said Ken Myer, president and CEO of the WSA. "Such a response is indicative of this region's booming tech economy. Plus, I believe our top finalists have the innovation and drive to dramatically impact this industry."

About the WSA

Founded in 1984, WSA is Washington's technology association with over 1,000 member companies representing more than 100,000 software, Internet, telecommunications and technology company employees. The WSA is a catalyst for industry connections and provides members with key business services. As a voice for Washington's technology industry, the WSA leads the advocacy of issues necessary to grow Washington state's impact as a leader in the digital economy. WSA's global partners are Davis Wright Tremaine LLP, Microsoft, Regence BlueShield, The Hartford and Wells Fargo Insurance Services. WSA's funding partners are AH&T Insurance, Blink Interactive, Inc., Comerica Bank and RealNetworks. For more information, please see www.wsa.org.

About BioPassword, Inc.

BioPassword, Inc. (www.biopassword.com), located in Issaquah, Washington, leads the market in providing award-winning strong authentication software for organizations seeking a solution that delivers high security with no change in user behavior at the lowest available cost. Unlike expensive authentication products which rely on hardware tokens or biometric readers, BioPassword uses a simple, yet powerful, combination of the user's standard logon credentials (user name and password), and applies keystroke biometrics (their unique typing rhythm) as a second authentication factor. In addition, BioPassword offers complementary software authentication factors such as knowledge-based authentication (user selected questions and answers) or software one-time passwords (single use password delivered to your mobile device) to create the only authentication solution that makes available -- something you know with something you are and something you have. BioPassword is accurate, secure, scalable to millions of users and immediately deployable across the enterprise and the Internet without impacting users. BioPassword is currently delivering strong authentication for organizations in a variety of industries, including: financial, healthcare, digital rights management, government, law enforcement, manufacturing, legal and automotive. To learn more about BioPassword visit our Web site or contact us at (425) 649-1100. For an online demonstration of BioPassword's keystroke biometrics, log onto www.biopassword.com/demo1.

BioPassword® is a registered trademark of BioPassword, Inc. All other trademarks and registered trademarks are the property of their respective owners.