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Last $0.17 USD
Change Today -0.0001 / -0.06%
Volume 100.1K
BKYI On Other Exchanges
As of 8:10 PM 04/24/15 All times are local (Market data is delayed by at least 15 minutes).

bio-key international inc (BKYI) Snapshot

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Day Low
52 Week High
04/28/14 - $0.58
52 Week Low
01/2/15 - $0.14
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Average Volume 10 Days
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bio-key international inc (BKYI) Details

BIO-key International, Inc. develops and markets fingerprint biometric technology and related security software solutions to private and public sector customers. Its solutions enable application developers, value added resellers, and channel partners to integrate fingerprint biometrics into their application. The company’s products include Vector Segment Technology SDK, a biometric software development kit; Intelligent Image Indexing, a biometric identification solution that offers one-to-many user identifications; and WEB-key, an authentication-transaction security platform for securing user authentication across unprotected networks, including the Internet. Its products also include Biometric Service Provider, which provides support for the BioAPI for a compliant interface to applications using biometrics for verification and identification; and ID Director, a solution for single sign on integration with CA Technologies SiteMinder, Oracle’s Fusion Middleware SSO, IBM Tivoli Access Manager, and other solutions. The company markets its products through its direct sales force of professionals, as well as through resellers, integrators, and partner networks to government and corporate customers primarily in North America. The company was formerly known as SAC Technologies, Inc. and changed its name to BIO-key International, Inc. in 2002. BIO-key International, Inc. was founded in 1993 and is headquartered in Wall, New Jersey.

18 Employees
Last Reported Date: 03/31/15
Founded in 1993

bio-key international inc (BKYI) Top Compensated Officers

Chairman, Chief Executive Officer and Preside...
Total Annual Compensation: $250.0K
Chief Financial Officer, Principal Accounting...
Total Annual Compensation: $144.0K
Chief Technology Officer
Total Annual Compensation: $192.9K
Vice President of Marketing
Total Annual Compensation: $144.3K
Compensation as of Fiscal Year 2014.

bio-key international inc (BKYI) Key Developments

International Financial Services Firm Selects Bio-key for Customer and Employee Authentication

BIO-key International Inc. announced that an international retail and commercial financial services firm has selected BIO-key to provide the fingerprint biometric matching for their customer and employee identification solution. The Firm will utilize BIO-key technology to automate positive identification of any of their nearly 7 million clients at any of approximately 7,000 contact points in their branches. Additionally, this fast growing and innovative retail and commercial bank plans to use the software to control access for employees to sign into their banking systems. Using BIO-key's solution allows the institution to give customers confidence that their identity is secured against fraud and misidentifications.

Bio-Key International, Inc. Introduces EcoID at the Walter E Washington Convention Center, Washington, D.C

BIO-key International, Inc. announced the company will introduce EcoID, a compact USB touch fingerprint reader, at the connect:ID convention March 23rd - 25th at the Walter E Washington Convention Center, Washington, D.C. EcoID is a compact USB touch fingerprint reader pairing the Active Thermal sensor from NEXT Biometrics with the superior accuracy of BIO-key's biometric algorithms and software, to deliver top quality at an unprecedented price point. EcoID delivers one-touch identification and strong authentication for existing BIO-key customers, as well as any entity seeking to add low-cost, high performance fingerprint authentication to their existing Windows or Android devices, supporting both Microsoft Windows Biometric Framework (WBF) and upcoming FIDO support. The sleek, low profile form factor is highly portable, fitting easily into a purse or pocket, and features a lanyard/security cable pass-through for secure commercial applications.

BIO-key International, Inc. Reports Consolidated Earnings Results for the Fourth Quarter and Year Ended December 31, 2014; Provides Earnings Guidance for the First Quarter and Full Year of 2015

BIO-key International, Inc. reported consolidated earnings results for the fourth quarter and year ended December 31, 2014. For the quarter, the company reported revenues of $4,005,856 against $1,985,976 a year ago. Operating loss was $2,039,120 against $2,521,681 a year ago. Net loss was $1,883,572 against $2,582,151 a year ago. Basic and diluted loss per common share was $0.03 against $0.06 a year ago. Net cash used for operating activities was $2,502,927 against $2,683,911 a year ago. Capital expenditures were $18,633 against $129,413 a year ago. Sales increased primarily as a result of higher license and service sales with OEM fingerprint sensor manufacturers, offsetting a slight reduction in maintenance revenue. For the quarter, the company’s total revenue was $951,698, compared to $327,500 in the fourth quarter of 2013, an increase of approximately 191%. Sales grew largely as a result of substantially higher license sales, higher hardware sales and service sales, while maintenance sales held firm. Fourth quarter of 2014, net loss decreased approximately 45% to $506,546 from $929,188 in the fourth quarter 2013, and loss per share was $0.01 versus $0.02 in the fourth quarter of 2013. For the first quarter of 2015, the company expects revenue between $0.5 million and $1.0 million and gross margin of approximately 75% to 80%. For the 2015 Fiscal Year, the company expects revenue between $5.0 million and $7.0 million and gross margin of approximately 75% to 80%.


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