SOURCE: BIO-key International, Inc.

BIO-key International, Inc.

November 12, 2013 08:00 ET

BIO-key® Announces ISV Collaboration With Advanced Micro Devices (AMD) Supporting the ARM TrustZone® Ecosystem

WALL, NJ--(Marketwired - Nov 12, 2013) - BIO-key International, Inc. (OTCQB: BKYI), a global leader in fingerprint biometric identification solutions, advanced mobile authentication and identity assurance technologies, today announced that the company is working with Advanced Micro Devices (AMD) to ensure compatibility of its WEB-key biometric management platform with AMD's upcoming security solutions to leverage AMD Secure Technology, featuring a platform security processor based on ARM TrustZone® technology. This development will ultimately allow device manufacturers to use the BIO-key algorithm to match fingerprints on their compatible AMD device, with or without a server, or in the network or cloud. The resulting solution is expected to offer unprecedented levels of security in both the client on the device, and the server components of the WEB-key platform. 

AMD's customers will benefit by using BIO-key's NIST-tested and scanner independent algorithm, enabling them to choose any fingerprint scanner to pair with it in their platform design. "BIO-key is honored to be working with AMD toward this uniquely valuable TrustZone integration," said Jim Sullivan, BIO-key's VP of Strategy and Business Development. "With this solution, OEMs will be insulated from the rapidly changing fingerprint scanner marketplace by having a single best-of-breed, interoperable platform to interface with. Online service providers and enterprises will benefit from a standardized, securely configured WEB-key client on their users' devices, made available by device manufacturers or through the ARM TrustZone technology ecosystem. This will allow enhanced security for online transactions and BYOD security. Fingerprint scanner manufacturers benefit by being part of a secure cloud infrastructure allowing remote and cloud authentication, which significantly enhances the core value proposition of fingerprint authentication beyond unlocking the phone or other device. Our existing patents on securing biometric data and keys using Trusted Execution Environments (TEE) make this a natural evolution of our product strategy," he continued.

"AMD is pleased to be working with BIO-key to deliver flexibility in platforms utilizing biometrics for security and authentication," said Steve Belt, corporate Vice President of Strategic Alliances and Solution Enablement, AMD. "BIO-key's WEB-key platform gives customers the ability to choose hardware and software components which best meet the needs and form factor design points of their solutions, while also providing robust use cases through the use of ARM TrustZone technology and other open industry standards."

BIO-key will present at the 2013 AMD Developer Summit (APU13), San Jose Convention Center, November 11th - 13th. Join us on Wednesday, November 13th 4:00pm - 4:45pm in exhibit hall SE-4063 for the presentation titled, "Leveraging fingerprint biometric authentication to streamline secure access."

About BIO-key
BIO-key International, Inc., headquartered in Wall, New Jersey, develops and delivers advanced identification solutions to commercial and government enterprises, integrators, and custom application developers. BIO-key's 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. Our solutions are used in local embedded OEM products as well as some of the world's largest identification deployments to improve security, guarantee identity, and help reduce identity theft. BIO-key's technology is offered directly or by market leading partners around the world. (http://www.bio-key.com)

BIO-key Safe Harbor Statement
Certain statements contained in this press release may be construed as "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, the impact on our business of the recent financial crisis in the global capital markets and negative global economic trends, 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, 2012 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 also undertakes no obligation to disclose any revision to these forward-looking statements to reflect events or circumstances after the date made or to reflect the occurrence of unanticipated events.

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