Solution Enables Schools to Help Meet Federal Meal Reimbursement
WALL, N.J. and FLOURTOWN, Pa., Oct. 20 /PRNewswire-FirstCall/ -- BIO-key International, Inc. (OTC Bulletin Board: BKYI), a leader in finger-based biometric identification and wireless public safety, and identiMetrics, Inc., the leader in providing biometric finger scanning ID for schools, announced today a new release of its already popular biometric finger scanning identity solution that quickly and accurately establishes the identity of students entitled to participate in free and reduced lunch programs nationwide.
School officials anticipate increased participation in the federal government's $7 billion per year free and reduced lunch program as a result of the economic downturn. In order to meet the anticipated increased demand, food service directors nationwide are implementing the identiMetrics biometric student identification system, identiFi(TM), in their cafeterias. This solution, installed in over 1,000 schools in more than 30 states as well as Guam, Australia and Nigeria, works with any cafeteria point-of-sale software. In addition to increasing reimbursements and saving money, especially important in these challenging times, identiFi(TM) can improve the operations throughout the school. Utilizing BIO-key's award winning VST(R) biometric technology, the system delivers rapid, highly accurate and secure student identification, eliminating the need for students to present ID cards, remember passwords or account numbers. Since no fingerprints are taken or stored, the privacy of the students is ensured.
Jay Fry, CEO of identiMetrics and a former school principal, acknowledges the growing use of biometric finger scanning in schools. "Especially with the need for schools to find additional funding sources, we offer accurate recordkeeping which means timely reimbursement for free and reduced meals. Increased student participation in the free and reduced meal program means kids are all eating and reimbursements are higher. Improved security of student accounts limits schools' liability and saves time in dealing with unhappy parents." Mr. Fry added "identiMetrics provides schools with accountability, security and student anonymity, ensuring," he adds, "insuring that no one knows who is participating in the free and reduced program."
"We chose identiMetrics because they are leaders in implementing biometrics in schools and they understand the unique needs of school food service," stated Mary Moyer, PRSBS, Food Service Director of Manheim Central School District in Pennsylvania. "Our goal was simple: find a way to guarantee the security of student accounts. When I put money in my bank, I know that my money is safe. I wanted the same level of security with our system. We have not had one parent call this year about account problems. Pretty remarkable! We reached our goal," she explains.
"Over 48 million students attend more than 130,000 kindergarten through grade 12 public and private schools in the US," stated Michael DePasquale, BIO-key's Chief Executive Officer. "This represents a huge opportunity for BIO-key and identiMetrics. The identiFi(TM) product is a cost effective, easy to deploy solution that leverages BIO-key's superior accuracy and our proven ability to identify 'little fingers'. This biometric identity solution can deliver immediate results to any school implementing it," he added.
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)
identiMetrics Inc., is the leader in the development and marketing of
biometric finger scanning identification solutions in schools.
identiMetrics' proprietary software, identiFi(TM), is a biometric finger
scanning ID system that provides a cost-effective and accurate replacement
for swipe-card readers, barcode readers, and PIN pads, allowing any
organization to rapidly integrate and easily deploy biometrics.
identiFi(TM) eliminates the problems and costs created by cards and PINS
and quickly integrates with the applications schools already have in place.
It provides irrefutable proof of identification with a single student
enrollment. For more information, visit http://www.identimetrics.net.
For more information contact:
215-836-5640 x 100
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.
(C) Copyright 2008 by BIO-key International, Inc.
Company Contact: BIO-key International, Inc.
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