SOURCE: BIO-key International, Inc.

BIO-key International, Inc.

May 27, 2015 12:15 ET

BIO-key to Highlight Security & Cost Advantages of Fingerprint Biometric Solutions at LD Micro Investor Conference in Los Angeles; Monday, June 1st at 11:30 a.m. PT

LOS ANGELES, CA and WALL, NJ--(Marketwired - May 27, 2015) - BIO-key International, Inc. (OTCQB: BKYI), a leader in high-accuracy fingerprint biometric software technologies for mobile, enterprise and cloud-based identity verification, announced that Jay Meier, Vice President of Corporate Development, will review the Company's strong technology position and business outlook at the LD Micro Invitational 2015 conference on June 1, 2015 at 11:30 a.m. PT. The conference will be held at the Luxe Sunset Hotel in Los Angeles, CA.

Following several years of market development activities, including the formation of distribution relationships via OEMs, technology integrators and other partners, BIO-key has developed a pipeline of sales opportunities for the next twelve months that rose to $30 million at March 31, 2015 from $12.7 million at year end 2013. As a result, BIO-key projects significant revenue growth in 2015.

VP Corporate Development Jay Meier commented, "The LD Micro Invitational is an excellent forum for expanding institutional investor awareness and the timing is excellent given our growth outlook for 2015 and beyond. The Conference also supports our sales and marketing efforts, providing added exposure for our Company and solutions."

About LD Micro (www.ldmicro.com)

LD Micro is an internet-based financial newsletter providing self-directed investors with information on selected public companies that in the opinion of LD Micro have great investment potential. The "Invitational" was created five years ago to host LD Micro's "best ideas" in an intimate setting. Its goal is to provide exposure for off-the-radar microcaps, with 180 presenting companies expected this year.

About BIO-key International, Inc. (www.bio-key.com)

BIO-key develops and delivers advanced fingerprint biometric identification solutions to commercial and government enterprises, partners, integrators and application developers. Its award winning, high performance, scalable, cost-effective and easy-to-deploy biometric finger identification technology accurately identifies and authenticates users of wireless and enterprise applications, using device- or cloud-based authentication. BIO-key solutions are embedded in OEM products and utilized in some of the world's largest, most demanding identification deployments, to improve security, guarantee identity and reduce identity theft.

Safe Harbor Statement

Certain statements contained in this press release 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 subject to certain risks and uncertainties that may cause actual results to differ materially from those projected on the basis of these statements. These risks and uncertainties include, without limitation, our history of losses and limited revenue, our ability to develop new products and evolve existing ones, wider market acceptance of biometric technologies, our ability to raise additional financing, 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, 2014 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 whether to reflect events or circumstances after the date hereof or otherwise.

Contact Information

  • Investor & Media Contacts:

    David Collins
    Tanya Kamatu
    Catalyst Global
    212-924-9800
    bkyi@catalyst-ir.com