Switzerland’s Canton of Ticino Implements BIO-key’s Multi-Factor Authentication Solution in its Information Systems Center
09 Abril 2024 - 8:15AM
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 that Switzerland’s Canton of Ticino (Ticino) has
partnered with Asecus AG to implement BIO-key’s AuthControl Sentry
login solution. In a significant enhancement to its digital
security, Ticino’s Information Systems Center (TISC) has integrated
AuthControl’s advanced protection for Office365 login across their
network. Ticino is the southernmost of Switzerland’s 26 cantons
(member states) and the sole canton where Italian is the only
official language.
The AuthControl Sentry implementation is a
critical component of TISC’s strategy to safeguard its digital
assets and communications, especially considering the widespread
use of Office365 for day-to-day operations. The collaboration with
Asecus underscores the Ticino’s commitment to utilizing top-tier
security solutions to protect against potential cyber threats. The
partnership not only enhances the security of TISC’s Office365
logins but also strengthens the overall integrity of its digital
communications.
Alex Rocha, Managing Director of BIO-key Europe,
commented, “Canton Ticino’s proactive approach to working with
Asecus and BIO-key to secure their Office365 logins is a best
practices model for maintaining a robust and resilient digital
environment. In today’s interconnected world, it is vital for
government entities to ensure the highest level of security for
their communication tools. We at BIO-key Europe applaud their
commitment to cybersecurity and are pleased to see our solutions
contributing to such important initiatives.”
Asecus AG
(https://www.asecus.ch/)Cybersecurity Integrator and managed
service provider Asecus has been successfully protecting customers
against cyberattacks since 1997. Long-standing customers
include both small and medium-sized entities and international
corporations across various industries. Asecus provides first-class
security consulting, security operations/managed services and
support, as well as a broad portfolio of leading products. The
Asecus team also brings extensive security expertise and
engineering know-how to on-premises, cloud and hybrid
environments.
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
forward-looking statements whether as a result of new information,
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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