BIO-key secures $10M in orders for its security software

By Emily Bader
Wall | Nov 15, 2018 at 11:58 am

BIO-key International Inc., a Wall-based provider of biometric software and hardware solutions, has secured $10 million in orders for one of its platforms from two Hong Kong-based technology and finance companies.

The biometric authentication platform will allow users to securely make transactions on mobile devices and provide employees the ability to access company information, creating a portable biometric user experience.

“Since starting operations in the Asia Pacific Region in 2016 we are pleased to have closed the first orders that will utilize our software for multi-factor authentication,” Mike DePasquale, chairman  and CEO, BIO-key, said. “It has been our goal and objective to open the Asian markets through our operations in Hong Kong and China and this is the first step in addressing enterprise and consumer security in one of the fastest growing regions of the world.”

Emily Bader | ebader@roi-nj.com | emilybader