$KYI CyberCore Picks BIO-key Biometric Software for NIST-Compliant Multi-Factor Authentication

WALL, N.J., Dec. 19, 2017  — BIO-key International, Inc. (NASDAQ:BKYI), an innovative provider of biometric software and hardware systems and consumer products that offer strong, convenient security and user access, today reported that CyberCore Technologies has agreed to deploy BIO-key’s ID Director for Windows software authentication platform. ID Director integrates with Microsoft Active Directory to deliver complaint, multi-factor biometric authentication that meets the strict compliance demands set forth for government contractors gaining access to critical files and information.

With annual revenues of over $100 million, CyberCore is a leading provider of Value Added Services, Professional Services, and Managed Services for government and commercial customers. To participate in government projects, the company is required to meet the National Institute of Standards and Technologies (NIST) multi-factor authentication guidelines.

“Thanks to the excellent support from the BIO-key team, CyberCore has met the multi-factor authentication requirements of the NIST 800-171 standard, by utilizing its ID Director solution. CyberCore selected BIO-key for multi-factor authentication because of its proven security, quick implementation and seamless integration into our IT environment,” said Dr. William J. Von Hagel, Jr., Sales Operations Director at CyberCore Technologies.

“We are seeing solid demand for our flexible, multi-factor authentication solutions from customers working with government agencies,” stated Mike DePasquale, BIO-key CEO. “This customer needed an interoperable solution that was compatible with existing third-party hardware and integrated with Active Directory. ID Director met this requirement in a secure and cost effective manner while also providing ease of management and compliant access to secure files and applications.”

About CyberCore Technologies
CyberCore Technologies is the leading provider of Secure Supply Chain Management and Cyber Solutions focused on protecting our customer’s environment from external and internal threats. With 17 years of experience, ISO 28000:2007 certified risk management processes, and ISO 20243:2015 certified counterfeit mitigation procedures, CyberCore provides Value Added Services, Professional Services, and Managed Services for government and commercial customers. The company’s success is founded on strong relationships – both with customers and with teammates. CyberCore seeks to first understand, ensuring that solutions not only meet current challenges, but stand the test of time. For further information on CyberCore Technologies, visit http://www.cybercoretech.com.

About BIO-key International, Inc. (www.bio-key.com)
BIO-key is revolutionizing authentication with biometric solutions that enable convenient and secure access to devices, information, applications and high-value transactions. BIO-key’s software and hardware finger scanning solutions offer secure, user-friendly and attractively priced alternatives to passwords, PINs, tokens and security cards, enabling enterprises and consumers to secure their networks and devices as well as their information in the cloud.

Now BIO-key’s TouchLock line of fingerprint and Bluetooth-enabled padlocks brings the security and ease of use of biometric technology to your home, office, school, gym or pastimes. Available at a growing base of retail and e-tail outlets and via www.shopbio-key.com, these innovative padlocks provide even more ways to “BIO-key your world.”

BIO-key Safe Harbor Statement
All 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 develop new products and evolve existing ones, market acceptance of biometric solutions generally and our specific offerings, our ability to expand into the Asian market, the impact on our business of the past financial crisis in the global capital markets, 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, 2016 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 to reflect events or circumstances after the date made.

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Investor & Media Contacts
William Jones, Tanya Kamatu
Catalyst Global
212-924-9800
bkyi@catalyst-ir.com