Contract for biometric authentication software improves security and
customer convenience for POS terminal solutions
WALL, N.J., Sept. 18 /PRNewswire-FirstCall/ -- BIO-key International, Inc. (OTC Bulletin Board: BKYI), a leader in finger-based biometric identification and wireless public safety solutions, and Radiant Systems, Inc., a leading supplier of innovative technology to the hospitality and retail industries, announced today that Radiant has selected BIO-key's fingerprint identification technology for integration into its biometrically enabled Point of Sale (POS) terminals.
Radiant Systems, as part of its mission to provide the retail market with superior products and solutions, was a first mover in the introduction of biometrically enabled POS systems in 2005. After two years of market experience, Radiant recognized the need to upgrade their biometric software platform to accommodate larger customers with greater accuracy while allowing for device independence among their many applications and form factors.
"We evaluated a wide range of biometric options and selected BIO-key's VST(TM) solution because it delivered superior speed and accuracy and works with every major fingerprint reader," stated Bob Stone, Director of Product Management for Radiant Systems. "Given the strong interest and increasing demand we see for biometrics across our product line, we recognized the need to upgrade to a solution that can be deployed in the retail environment, where system response time, user convenience and accuracy are critical, no matter how large the user base."
With the BIO-key fingerprint biometric solution integrated into the POS terminal, identification cards and passwords are replaced with the simple touch of an employee's or customer's finger to positively establish their identity to the POS system. In addition to being more convenient, the BIO-key solution eliminates the possibility of sharing passwords or identity cards, and assures that manager overrides are properly authenticated.
"We are pleased that Radiant, a world leading POS supplier, recognized the value of our VST solution and embedded it into their application. It speaks volumes that a company such as Radiant - keenly aware of the issues involved in implementing a biometric solution - would select BIO-key," stated Michael DePasquale, CEO of BIO-key. "We are excited to be partnering with Radiant and believe this contract reflects the traction we are seeing in the commercial and civil markets for our biometric technologies. We believe this and other recent announcements, including the National Voter Registration project in Bangladesh, indicate increased activity in our biometric business this quarter and beyond."
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)
About Radiant Systems, Inc.
Radiant Systems, Inc. (http://www.radiantsystems.com) is a global leader in providing innovative technology to the hospitality and retail industries. Offering unmatched reliability and ease of use, Radiant's hardware and software solutions are deployed in more than 85,000 restaurants, retail stores, cinemas, convenience stores, fuel centers, and other customer-service venues across more than 100 countries. Radiant serves the needs of its customers through the dedication of more than 1,100 employees, 325 certified sales and service partners, and 1,800 field service representatives around the world. Founded in 1985, the company is headquartered in Atlanta with regional offices throughout the United States as well as in Europe, Asia and Australia.
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.
Company Contact: BIO-key International, Inc.
|SOURCE BIO-key International, Inc.|
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