BIO-key International, Inc. - Common Stock (BKYI)
Frequently Asked Questions About BIO-key International, Inc. - Common Stock (BKYI)
How can customers receive support for BIO-key products?
Customers seeking support for BIO-key products can access various resources, including online documentation, user guides, and customer service. BIO-key provides technical support through their website, where users can submit inquiries or request assistance for product-related issues and installations.
How can I invest in BIO-key International, Inc.?
To invest in BIO-key International, Inc., interested investors can purchase shares through a brokerage firm that offers access to the NASDAQ stock exchange, where BIO-key is listed under the ticker symbol 'BKYI'. It's advisable for investors to conduct thorough research and consider consulting a financial advisor before making investment decisions.
How does BIO-key contribute to data protection?
BIO-key contributes to data protection by providing advanced authentication solutions that secure personal and organizational information from unauthorized access. Their biometric systems help prevent data breaches and identity theft, ensuring that only authorized users can access sensitive data, thereby fostering a safer digital environment.
How does BIO-key ensure user privacy?
BIO-key prioritizes user privacy by implementing robust security measures in their biometric systems, such as secure data storage and encryption. They adhere to industry standards for data protection and privacy laws, ensuring that users' biometric data is protected and used responsibly within the framework of the law.
How does BIO-key support the remote workforce?
BIO-key supports the remote workforce by providing secure authentication solutions that allow users to access company resources safely from remote locations. Their biometric systems enable organizations to implement strong security measures, ensuring that remote employees can work securely without compromising sensitive information.
How does BIO-key's biometric technology work?
BIO-key's biometric technology works by capturing and analyzing unique biological characteristics, predominantly fingerprints, through specialized hardware sensors. When a user scans their fingerprint, the system converts it into a digital template, which is securely stored and compared against future scans to authenticate the user's identity.
Is BIO-key a publicly traded company?
Yes, BIO-key International, Inc. is a publicly traded company listed on the NASDAQ stock exchange under the ticker symbol 'BKYI'. This allows investors to purchase shares of the company and participate in its growth and financial performance.
What are the advantages of using biometric authentication?
Biometric authentication offers several advantages, including increased security, enhanced user convenience, and reduction in password-related issues. Biometric traits are unique to individuals, making them difficult to replicate, while users benefit from a quick and easy authentication process without the need to remember complex passwords.
What are the future plans of BIO-key?
BIO-key's future plans involve continuing to innovate and expand their biometric solutions, focusing on integrating artificial intelligence and machine learning technologies to enhance their security offerings. They aim to grow their market presence, penetrate new sectors, and further solidify their reputation as a leader in biometric authentication.
What are the main products offered by BIO-key?
BIO-key offers a range of products centered around biometric authentication, including software solutions like Bio-key PortalGuard, which provides secure single sign-on and multi-factor authentication. Additionally, they provide hardware devices, such as fingerprint readers, which can be integrated into various systems to facilitate secure access for users.
What developments has BIO-key made in recent years?
In recent years, BIO-key has focused on expanding its biometric solutions by enhancing their software capabilities and integrating new technologies to address the evolving security landscape. They have introduced new products and features that cater to the specific needs of various industries while continuously improving the user experience.
What does BIO-key International, Inc. do?
BIO-key International, Inc. specializes in providing biometric identification solutions that enhance security and user convenience. Their technology primarily utilizes fingerprint recognition and is designed for various applications, including access control, mobile authentication, and secure transactions. The company aims to protect digital identities and facilitate secure access to devices, applications, and data for individuals and enterprises.
What industries does BIO-key serve?
BIO-key serves a variety of industries, such as government, healthcare, education, finance, and enterprise IT sectors. Their biometric solutions are designed to enhance security and streamline access across diverse applications, making them suitable for any industry where data protection and identity verification are critical.
What is BIO-key's approach to security?
BIO-key's approach to security revolves around leveraging biometric technology to provide strong authentication methods that are user-friendly and efficient. By utilizing unique biological traits for authentication, they reduce the reliance on traditional passwords, aiming to create a safer and more streamlined user experience while enhancing organizational security.
What is BIO-key's target market?
BIO-key's target market includes organizations across a broad spectrum of industries seeking to improve their security protocols. This includes government agencies requiring secure access to sensitive data, healthcare providers protecting patient information, and enterprises looking to enhance their overall cybersecurity frameworks.
What is the company's mission statement?
BIO-key's mission statement focuses on empowering people and organizations with secure biometric authentication that enhances identity management and safeguards digital assets. They strive to lead the biometric industry by providing innovative solutions that elevate security and improve user experience.
What is the significance of BIO-key's Bio-key PortalGuard?
Bio-key PortalGuard is a significant product offering from BIO-key that serves as an identity management solution facilitating secure access to applications and systems. It provides features like single sign-on and multi-factor authentication, enabling organizations to enhance their security posture while simplifying user access to critical resources.
What partnerships does BIO-key have?
BIO-key has established various partnerships with technology companies and system integrators to expand its biometric authentication solutions. These collaborations enable BIO-key to integrate its technology into diverse platforms and applications, enhancing their market reach and allowing for innovative deployments in multiple sectors.
When was BIO-key founded?
BIO-key International, Inc. was founded in 1993. Since then, the company has been at the forefront of biometric authentication technology, innovating and developing solutions to meet the growing need for enhanced security in a digital world.
Where is BIO-key International, Inc. located?
The headquarters of BIO-key International, Inc. is located in Wall, New Jersey, USA. The company's location positions it well within a significant technology corridor and allows for collaboration with various technology partners and clients across different sectors.
What is the current price of BIO-key International, Inc. - Common Stock?
The current price of BIO-key International, Inc. - Common Stock is 0.6597
When was BIO-key International, Inc. - Common Stock last traded?
The last trade of BIO-key International, Inc. - Common Stock was at 4:00 pm EDT on April 7th, 2025
What is the market capitalization of BIO-key International, Inc. - Common Stock?
The market capitalization of BIO-key International, Inc. - Common Stock is 1.20M
How many shares of BIO-key International, Inc. - Common Stock are outstanding?
BIO-key International, Inc. - Common Stock has 1.81M shares outstanding.