Navigation Links
BIO-key(R) Reports Profitability on Strong Revenue Growth for Second Quarter 2008
Date:8/10/2008

on capitalizing on this momentum to achieve sustainable and growing profitability and revenue. We believe the marketing and technology strategies we have developed and our growing pipeline of businesses have us on the right track to deliver continued operating growth."

BIO-key's gross margin for the second quarter of 2008 was 88.2% compared to 82.6% for the previous quarter. The increase in gross margin was primarily attributable to an increase in the mix of biometric revenues reflecting the software license model of the biometrics business. Operating expenses from continuing operations for the second quarter of 2008 decreased by 5.8% to $2.9 million compared to the quarter ended March 31, 2008, reflecting a continued emphasis on cost containment as the company grows.

BIO-key's net income for the quarter ended June 30, 2008 was $168,000 compared to a net loss of ($915,000) for the quarter ended March 31, 2008.

Highlights:

-- $2MM contract for biometric software from a global technology company

-- $335,000 contract with the Baltimore Police Department (an existing

customer), for additional MobileCop software

-- Contracts with the City of Erlanger, Kentucky, Police Department for

MobileCop(R) software and the Kettering, Ohio Police Department for

MobileOffice(TM) software

-- RIM, Sprint and BIO-key sponsored webinar conducted by Government

Technology Publications on "Mobile Data Solutions For Today's Police

Force," breaking prior attendance records

-- U.S. Patent & Trademark Office patent issued (No. 7,359,553) covering

BIO-key's image enhancement and data extraction core algorithm

components

-- Successful completion of Bangladesh voter list, registering over 80

million voters in preparation for upcoming national election

Six Months Consolidated Results

Total revenue from continuing operations for the six months ended Ju
'/>"/>

SOURCE BIO-key International, Inc.
Copyright©2008 PR Newswire.
All rights reserved

0

GOOD

Page: 1 2 3 4 5

Related biology news :

1. BIO-key(R) Announces Contracts for New Criminal Justice Data Sharing Solution
2. BIO-key(R) International to Showcase Deployed Biometric Security Applications at 2007 Biometric Technology Expo
3. Radiant Systems Selects BIO-key(R) Biometric Software for POS Solution
4. Radiant Systems Selects BIO-key(R) Biometric Software for POS Solution
5. BIO-key(R) International to Showcase Deployed Biometric Security Applications at 2007 Biometric Technology Expo
6. Youngstown, Ohio Police Award Mobile Data Contract to BIO-key(R) International
7. Easton, PA Police Officers Armed With BIO-key(R) Mobile Data Solution Access Information Anytime, Anywhere
8. BIO-key(R) PocketCop(R) Project Leading the Nation According to Televised Report
9. BIO-key(R) and Tiger IT Awarded a Follow-on Contract for Nationwide Voter / Citizen Registration in Bangladesh
10. Wireless Public Safety Solution From BIO-key(R) and DaProSystems Links Virginia Law Enforcement Agencies
11. BIO-key(R) Receives $344,000 Contract Award from Hawaii County
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:6/19/2013)... plant scientist Marc Van Montagu (born 1933) is being ... American scientists Mary-Dell Chilton and Robert T. Fraley. This ... US Secretary of State, John Kerry. The World Food ... - gives the award annually to one or more ... for the quality, quantity or availability of food. This ...
(Date:6/19/2013)... mammals and birds are threatened with extinction as a result ... colleagues from The Ohio State University in the US. Their ... growth of the human population will continue to pose a ... appear to be a threshold above which population growth would ... published online in Springer,s journal, Human Ecology . , ...
(Date:6/19/2013)... the University of Pittsburgh has developed antibacterial compounds, ... could be potential treatments for drug-resistant bacterial infections ... agents are quite small, making them inexpensive and ... the June 2013 issue of the journal ... of many probable applications will likely be the ...
Breaking Biology News(10 mins):World Food Prize goes to a Belgian for the first time: The scientist Marc Van Montagu 2World Food Prize goes to a Belgian for the first time: The scientist Marc Van Montagu 3World Food Prize goes to a Belgian for the first time: The scientist Marc Van Montagu 4Are we pushing animals over the edge? 2HIV-derived antibacterial shows promise against drug-resistant bacteria 2
... Ebersberg, Germany, September 28, 2010 - Eurofins MWG Operon, ... sequencing capacity with a Roche GS Junior. The GS Junior ... projects which would require only one eighth of the capacity ... be suitable for an Illumina run. As a consequence, the ...
... is available in French . Conductive ... to revolutionize a wide range of products including TV displays, ... University researchers have now reported how to visualize and study ... molecule at a time, a key step towards bringing these ...
... in the Proceedings of the National Academy of ... and colleagues report that streams throughout the Midwestern Corn ... genetically modified crops. The protein enters streams through runoff ... washed into stream channels. Genetically-modified plants are ...
Cached Biology News:Striding towards a new dawn for electronics 2Insecticides from genetically modified corn present in adjacent streams 2
(Date:6/18/2013)... (Monday, June 17, 2013) A million electric cars could ... the decade with the help of research by the United ... University of Waterloo. , Professor Zhongwei Chen is part of ... to develop non-precious materials to replace the expensive platinum catalysts ... the adoption of fuel cells in vehicles is the cost ...
(Date:6/18/2013)... June 18, 2013 In support of ... the Consulate General of Switzerland in New York is ... Switzerland’s MS Tûranor PlanetSolar , to Manhattan. PlanetSolar ... DeepWater Expedition 2013 tour with scientists on board from ... Gérard d’Aboville, runs exclusively on energy from the sun ...
(Date:6/18/2013)... The Regulatory Affairs Professionals Society ... offices in Asia—one in Singapore and one in Shanghai, ... RAPS’ Pan-Asia office , serving the Asia Pacific region, ... audiences within China. , The announcement comes just a ... Singapore government agencies to develop and implement a new ...
(Date:6/18/2013)... 18, 2013 The human skin is the ... an important human body part. Similar to the liver, or ... to function, repair and grow. Recent reports from the mankatofreepress.com ... is just as important as other life supporting organs. The ... in skin cell reproduction, increase the appearance of skin, and ...
Breaking Biology Technology:US and Canadian researchers drive towards cheaper fuel cells for electric cars 2Switzerland’s MS Tûranor PlanetSolar, the World’s Largest Solar Boat, Arrives in New York City 2Switzerland’s MS Tûranor PlanetSolar, the World’s Largest Solar Boat, Arrives in New York City 3Switzerland’s MS Tûranor PlanetSolar, the World’s Largest Solar Boat, Arrives in New York City 4RAPS Opens Offices in Singapore and China 2RAPS Opens Offices in Singapore and China 3Natural Acne Remedies Through Diet, Probiotic Action Shares New Insight on What Foods May Help Lead to Clear Skin 2
... more than a passing resemblance to dreamers chasing rainbows. ... the colors of the spectrum, but they do seek ... the spectrum moves through optical circuits. , This pursuit ... nanometers. , At the nanoscale, says Qiaoqiang Gan, a ...
... 27 VIA Pharmaceuticals,Inc. (Nasdaq: VIAP ), a ... treatment of cardiovascular disease, will join the,Russell Microcap Index ... June 27 after market close, according to a preliminary ... are pleased to have been selected for inclusion in ...
... first responders and security guards came to the DHS Science ... table, heading their list was an emergency escape hood worthy ... weighing under a pound, folding to the dimensions of a ... Furthermore, the hood must be maintenance-free, filter nerve, blood, and ...
Cached Biology Technology:Using a grating with a grade, engineers trap a rainbow 2Using a grating with a grade, engineers trap a rainbow 3VIA Pharmaceuticals Set to Join Russell Microcap Index 2VIA Pharmaceuticals Set to Join Russell Microcap Index 3VIA Pharmaceuticals Set to Join Russell Microcap Index 4Boys in the Hood 2
... Genomics Solution is a comprehensive suite ... visualization specifically designed to reliably extract ... high-dimensional genomic studies containing thousands of ... memory efficient and will analyze large ...
Kit contains: Bio-Rad Amplification Reagent, 2x Amplification Diluent, Streptavidin-HRP, Blocking Reagent, and Phosphate Buffered Saline....
These macrocarriers are for the biolistic PDS-1000 He and Hepta systems. Supplied as 500 macrocarriers....
Intestinal Epithelium Differentiation Environment...
Biology Products: