Jay Meier Joins BIO-key as Vice President Corporate Development

Jay Meier Joins BIO-key as Vice President Corporate Development 
WALL, NJ -- (Marketwire) -- 03/07/13 --  BIO-key International, Inc.
(OTCQB: BKYI), a global leader in fingerprint biometric
identification solutions, advanced mobile credentialing and identity
verification technologies, today announced that industry veteran, Jay
Meier, has joined BIO-key and has been appointed Vice President
Corporate Development.  
"Jay brings a breadth of industry experience, both financial and
technical, as well as a strong record of achievement, to our
management team," said Mike DePasquale, CEO, BIO-key. "We are
thrilled to have him join our team. Jay's energy, vision, creativity
and leadership will help us continue to translate our leadership in
biometric identification and authentication technologies into
innovative world class products and solutions that are unparalleled
in the market."  
Before joining BIO-key, Jay was Founder & Managing Partner of Sage
Capital Advisors, which provides economic, capital market and
strategic consulting services in the Security, Credentialing and
Identity Management industries. Prior to that, Jay was SVP of
Corporate Development for OTI-America, a leading provider of
contactless smart card solutions. Previous to OTI, Jay worked as
Finance Controller for a healthcare services firm and for many years
as a Senior Research Analyst at various boutique investment banks. In
June 2006, Jay published Secure Credentialing & Identification --
Wall Street's first and most comprehensive industry research overview
of the Security, Biometrics, PKI, Smartcard, Credentialing and
Identity Management industries. In 2003, he ranked in the 99th
percentile of all securities analysts in North America. In 2004, he
ranked in the 97th percentile. In 2005, the StarMine/Forbes Magazine
Securities Analyst Ranking Survey named Jay "8th Best Stock Picker in
North America." Jay earned a BS-Economics from the University of
Wisconsin-Madison in 1992. 
As VP Corporate Development, Jay will be responsible for strategic
and corporate development, primarily in the Healthcare markets. With
his extensive financial analytical experience, he will also support
C-level management regarding BIO-key's operational execution, as well
as manage BIO-key investor relations. 
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.
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, 2011 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 re
flect the occurrence of unanticipated events.  
BIO-key International, Inc.
Jay Meier
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