Navigation Links
BIO-key Reports Third Quarter 2007 Results
Date:11/14/2007

Strong Future Outlook For Biometrics Revenue and Profit Growth

WALL, N.J., Nov. 14 /PRNewswire-FirstCall/ -- BIO-key International, Inc. (OTC Bulletin Board: BKYI), a leader in wireless public safety and finger-based biometric identification solutions, today announced its financial results for the third quarter ended September 30, 2007.

Total revenue from continuing operations for the three months ended September 30, 2007 was $2.2 million representing a 27% decrease from the $3.0 million reported in the financial statements for the corresponding period in 2006. Third quarter 2007 revenue from continuing operations was impacted primarily by delays in specific follow-on orders from several of the Company's Law Enforcement customers.

BIO-key's gross margin for the third quarter of 2007 was 79% consistent with the corresponding period in 2006. Operating expenses from continuing operations for the third quarter of 2007 decreased 14% to $3.2 million from $3.7 million reported for the third quarter of 2006. BIO-key's loss from continuing operations for the third quarter of 2007 improved by $5.7 million to ($1.2 million) from ($6.9 million) for the corresponding period in 2006.

Net loss was ($1.2 million) for the third quarter ended September 30, 2007 compared to a net loss of ($6.2 million) for the corresponding period in 2006. The net loss amount in the 2006 period included $5.5 million from the extinguishment of convertible debt. The third quarter 2007 net loss per share was ($0.03) compared to a net loss per share of ($0.13) for the corresponding period in 2006.

"We saw significant improvement in the performance of our Biometrics business during the third quarter highlighted by our partnership with Tiger IT to provide a biometric solution for Bangladesh's upcoming general election," said Michael DePasquale, BIO-key's Chief Executive Officer. "This contract represents the largest biometric registration ever -- covering 100 million
'/>"/>

SOURCE BIO-key International, Inc.
Copyright©2007 PR Newswire.
All rights reserved

Page: 1 2 3 4 5

Related biology news :

1. BIO-key Reports Second Quarter 2007 Results
2. BIO-key(R) Announces Contracts for New Criminal Justice Data Sharing Solution
3. BIO-key(R) International to Showcase Deployed Biometric Security Applications at 2007 Biometric Technology Expo
4. Radiant Systems Selects BIO-key(R) Biometric Software for POS Solution
5. Radiant Systems Selects BIO-key(R) Biometric Software for POS Solution
6. BIO-key(R) International to Showcase Deployed Biometric Security Applications at 2007 Biometric Technology Expo
7. Youngstown, Ohio Police Award Mobile Data Contract to BIO-key(R) International
8. BIO-key International Showcasing Innovative Public Safety Solutions at 2007 IACP Conference
9. ACT Ensures Integrity of Testing Process Through Deployment of BIO-keys(R) Biometric ID Technology
10. Easton, PA Police Officers Armed With BIO-key(R) Mobile Data Solution Access Information Anytime, Anywhere
11. Communication Intelligence Corporation Reports Second Quarter 2007 Financial Results
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:4/23/2014)... most in their mid-thirties and forties, face a ... within two decades. "Mutant" protein clusters, long blamed ... been the primary focus of therapies in development ... from Prof. Gerardo Lederkremer and Dr. Julia Leitman ... and Immunology, in collaboration with Prof. Ulrich Hartl ...
(Date:4/23/2014)... University of Toronto Scarborough research shows that male black ... virgins a rare example of mate preference by ... UTSC post-doc Emily MacLeod and Maydianne Andrade, a professor ... controlled field studies and the wild that males overwhelmingly ... found male black widows can tell whether a potential ...
(Date:4/23/2014)... Scientists have conclusive evidence that the source of a ... Ocean and called the "bio-duck," is the Antarctic minke ... by submarine personnel in the 1960s who thought it ... recorded at various locations in the Southern Ocean, but ... In February 2013, an international team of researchers deployed ...
Breaking Biology News(10 mins):On the defensive 2On the defensive 3Picky male black widow spiders prefer well-fed virgins 2Scientists identify source of mysterious sound in the Southern Ocean 2Scientists identify source of mysterious sound in the Southern Ocean 3
... lung cancer that has spread to mediastinal lymph nodes ... radiation after surgery and chemotherapy live twice as long ... according to a study presented at the plenary session ... Radiology and Oncology's 48th Annual Meeting in Philadelphia. , ...
... School of Veterinary Medicine have discovered a unique evolutionary ... defense, which has survived in fish, to the more ... mammals. , The finding, which appears in the online ... an evolutionary step for the mammalian immune system and ...
... that the Protein Structure Initiative (PSI) has established efficient ... is creating new mechanisms for sharing the resources it ... 10-year PSI effort, which started in 2000 and is ... of General Medical Sciences, funded a materials repository in ...
Cached Biology News:'Killer' B cells provide new link in the evolution of immunity 2Protein structure initiative launches new resources for the scientific community 2Protein structure initiative launches new resources for the scientific community 3
(Date:1/14/2014)... AUSTIN, Texas , Jan. 14, 2014 ... analyze and research medicinal plants and therapeutic derivatives ... industry, health professionals, and researchers about the challenges ... (Logo: http://photos.prnewswire.com/prnh/20100430/DC95601LOGO ) The ...
(Date:1/14/2014)... In recent years, growing suspicion about the pharmaceutical ... and promotion has led to unprecedented levels of public ... about the insidious impact of commercialization of research, has ... the world’s biggest pharmas for illegal marketing activities, allegations ...
(Date:1/14/2014)... 2014   Kinaxis ®, provider of RapidResponse ®, a ... operations planning ( S&OP ) service, is proud to be ... will be held at the Hilton San Diego Bayfront, January ... Elisabeth Kaszas , Director of Supply Chain at Amgen, ...
(Date:1/14/2014)... NY (PRWEB) January 14, 2014 During the ... now known as “The Doctor’s Plague.” In this time period, ... hands. This led, at times, to the death of vulnerable ... today don’t know that they may be unwittingly transmitting herpes ...
Breaking Biology Technology:World's Largest Group of Medicinal Plant Researchers Endorses ABC-AHP-NCNPR Botanical Adulterants Program 2World's Largest Group of Medicinal Plant Researchers Endorses ABC-AHP-NCNPR Botanical Adulterants Program 3World's Largest Group of Medicinal Plant Researchers Endorses ABC-AHP-NCNPR Botanical Adulterants Program 4World's Largest Group of Medicinal Plant Researchers Endorses ABC-AHP-NCNPR Botanical Adulterants Program 5World's Largest Group of Medicinal Plant Researchers Endorses ABC-AHP-NCNPR Botanical Adulterants Program 6World's Largest Group of Medicinal Plant Researchers Endorses ABC-AHP-NCNPR Botanical Adulterants Program 7World's Largest Group of Medicinal Plant Researchers Endorses ABC-AHP-NCNPR Botanical Adulterants Program 8The Sunshine Act: Necessary Regulation or Unnecessary Dysregulation? New Life Science Webinar Hosted by Xtalks and IRB Services 2The Sunshine Act: Necessary Regulation or Unnecessary Dysregulation? New Life Science Webinar Hosted by Xtalks and IRB Services 3Event Alert: Kinaxis Customer to Present at the Biomanufacturing Summit "Supply Chain: Improving Network Effectiveness" 2Study: Fatigued Medical Interns Infect Their Patients with Herpes Viruses; The CBCD Sees a Parallel with “The Doctor’s Plague” 2Study: Fatigued Medical Interns Infect Their Patients with Herpes Viruses; The CBCD Sees a Parallel with “The Doctor’s Plague” 3
... cites Dr. Lanza for ,Courage Under Fire, ... (OTC Bulletin Board: ACTC) is proud to announced ... Research and Scientific,Development, has been recognized for his ... in the current issue of PharmaVOICE (cover,story July/August ...
... New USA Subsidiary Meets Demand for SLIM Search(TM) ... Aug. 21 Supporting the growing,demand for its ... Ltd. announces the opening of its new sales, ... Mission Viejo,California. SLIM Search, Inc. is the leading ...
... LOUIS, Aug. 20 The MattsonJack Group, Inc.,(MattsonJack), ... Dhawan M.D.,M.B.A., M.P.H. to Medical Director for MattsonJack. ... joined MattsonJack in September 2000 as a consultant ... M.B.A. from the,University of Missouri -- Kansas City. ...
Cached Biology Technology:Advanced Cell Technology's Dr. Robert Lanza Makes List of '100 Most Inspiring People in the Life-Sciences Industry' 2Advanced Cell Technology's Dr. Robert Lanza Makes List of '100 Most Inspiring People in the Life-Sciences Industry' 3Cartesian Gridspeed Opens Subsidiary Operation in North America 2Cartesian Gridspeed Opens Subsidiary Operation in North America 3Dr. Amit Dhawan Promoted to Medical Director for The Mattson Jack Group 2Dr. Amit Dhawan Promoted to Medical Director for The Mattson Jack Group 3
Enables rapid purification of double-stranded DNA fragments = 200 bp, including, for example, PCR reaction products, DNA fragments obtained in restriction enzyme digests, or double-stranded cDNA...
5 minutes from gel band to purified DNA...
... commonly used in baculovirus plaque ... agaroses either contain contaminants that ... or lack the physical characteristics ... Novagen's BacPlaque Agarose is pre-qualified ...
...
Biology Products: