40% of Third Quarter Orders Driven by New User Agencies
WALL, N.J., Sept. 29 /PRNewswire-FirstCall/ -- BIO-key International, Inc. (OTC Bulletin Board: BKYI), a leader in finger-based biometric identification and wireless public safety, announced today that its Law Enforcement group has been awarded $700,000 in software and related services orders in the third quarter of 2008 to date. More than 40% of the order value in the third quarter is comprised of awards from new customers and additional agencies hosted by current customers. The new agencies include the Pulaski County (IN) Sheriff's Office and Bexley (OH) Police Department. Awards from current customers include a $175,000 add-on contract from the Hawaii County (HI) Police Department.
Public safety agencies rely on BIO-key's mobile data products -- including MobileCop(R), MobileRescue(TM) and PocketCop(R) -- to link their officers and first responders with federal and state criminal justice databases through a secure wireless communications network. BIO-key's mobile data products also enable the company's public safety customers to exchange data and intelligence seamlessly, promoting regional information sharing and cooperation.
BIO-key's CEO, Mike DePasquale, noted, "The new orders we've received so far this quarter from, both new and existing customers in 25 different states across the country, provides further evidence that our solutions fill critical safety needs at all levels of law enforcement."
BIO-key International, Inc., headquartered in Wall, New Jersey, develops and delivers advanced identification solutions and information services to law enforcement departments, public safety agencies, government and private sector customers. BIO-key's mobile wireless technology provides first responders with critical, reliable, real-time data and images from local, state and national databases. BIO-key's high performance, scalable, cost-effective and easy-to- deploy biometric finger identification technology accurately identifies and authenticates users of wireless and enterprise data to improve security, convenience and privacy and to reduce identity theft. Over 750 police departments in North America use BIO-key solutions, making BIO-key the leading supplier of mobile and wireless solutions for law enforcement. (http://www.bio-key.com)
This news release contains forward-looking statements that are subject to certain risks and uncertainties that may cause actual results to differ materially from those projected on the basis of these statements. The words "estimate," "project," "intends," "expects," "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 Private Securities Litigation Reform Act of 1995. For a more complete description of these and other risk factors that may affect the future performance of BIO-key International, see "Risk Factors" in the Company's Annual Report on Form 10-KSB 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 reflect the occurrence of unanticipated events.
Media Contact: BIO-Key International, Inc.
|SOURCE BIO-key International, Inc.|
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