Denmark’s Ministry of Foreign Affairs Bolsters Network Security via IT2Trust and BIO-key®
08 Enero 2024 - 4:00AM
BIO-key® International, Inc. (NASDAQ: BKYI), an innovative provider
of workforce and customer Identity and Access Management (IAM)
featuring passwordless, phoneless and token-less Identity-Bound
Biometric (IBB) authentication solutions, today announced the
Ministry of Foreign Affairs of Denmark is enhancing its digital
security infrastructure for 4,500 users worldwide. The Ministry
chose IT2Trust to implement a state-of-the-art Virtual Private
Network secured by BIO-key Europe’s AuthControl Sentry
authentication solution.
This deployment is part of the Ministry’s
strategy to strengthen its digital capabilities in the face of
evolving global cybersecurity challenges. The VPN solution provided
by IT2Trust, a leading European digital security solutions
provider, is pivotal in ensuring secure and efficient communication
channels for the Ministry’s staff, both within Denmark and across
embassies and consulates worldwide.
Alex Rocha, Managing Director of BIO-key Europe,
remarked, “The Denmark’s Ministry of Foreign Affairs deployment of
IT2Trust’s VPN and our AuthControl Sentry solution is a proactive
effort to protect their systems and data from growing threats in an
increasingly complex digital world. BIO-key Europe is proud to
partner with IT2Trust to enhance the security and reliability of
public sector digital infrastructure.
“The Ministry’s decision to work with IT2Trust
reflects its commitment to adopting cutting-edge technology to
protect sensitive information and maintain seamless global
operations. The VPN implementation is a crucial aspect of the
Ministry’s broader cybersecurity strategy seeking to ensure the
highest standards of data protection and privacy.”
About IT2Trust
(www.it2trust.com)IT2Trust is the leading distributor of business
critical information technology solutions in Nordic countries.
IT2Trust earns this title by ensuring the right product matching
for businesses and by offering competent advisory and guidance on
all products from start to finish. It offers a wide range of vendor
services enabling high quality-solutions. IT2Trust’s assistance
covers everything from market- and competitor analyses and product
positioning to marketing, technical support, and training at every
level. With IT2Trust, you get a solution covering all needs,
delivered by a serious and competent adviser and partner.
About BIO-key International,
Inc. (www.BIO-key.com)BIO-key is revolutionizing
authentication and cybersecurity with biometric-centric,
multi-factor identity and access management (IAM) software securing
access for over thirty-five million users. BIO-key allows customers
to choose the right authentication factors for diverse use cases,
including phoneless, tokenless, and passwordless biometric options.
Its hosted or on-premise PortalGuard IAM solution provides
cost-effective, easy-to-deploy, convenient, and secure access to
computers, information, applications, and high-value
transactions.
BIO-key Safe Harbor
StatementAll statements contained in this press release
other than statements of historical facts 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 not guarantees of future
performance or events and are subject to risks and uncertainties
that may cause actual results to differ materially from those
included within or implied by such forward-looking statements.
These risks and uncertainties include, without limitation, our
history of losses and limited revenue; our ability to raise
additional capital to satisfy working capital needs; our ability to
continue as a going concern; our ability to regain compliance with
the Nasdaq continued listing standards, market conditions and the
impact of the reverse stock split on the trading price of our
common stock; our ability to protect our intellectual property;
changes in business conditions; changes in our sales strategy and
product development plans; changes in the marketplace; continued
services of our executive management team; security breaches;
competition in the biometric technology industry; market acceptance
of biometric products generally and our products under development;
our ability to convert sales opportunities to customer contracts;
our ability to expand into Asia, Africa and other foreign markets;
our ability to integrate the operations and personnel of Swivel
Secure into our business; fluctuations in foreign currency exchange
rates; delays in the development of products and statements of
assumption underlying any of the foregoing as well as other factors
set forth under the caption "Risk Factors" in our Annual Report on
Form 10-K for the year ended December 31, 2022 and 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. Except as required by law, we
undertake no obligation to disclose any revision to these
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future events, or otherwise.
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Investor Contacts
William Jones, David CollinsCatalyst
IRBKYI@catalyst-ir.com or 212-924-9800
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