LIMA, Peru & WALL, N.J., Aug. 02, 2018 (GLOBE NEWSWIRE) -- BIO-key International, Inc. (NASDAQ: BKYI), an innovative provider of biometric authentication and security solutions, today announced that Claro, an América Móvil company with operations in Peru, selected BIO-key to secure employee access to customer data at its call center based in Lima. BIO-key partner and reseller Softand Peru was responsible for securing this agreement. Claro is deploying BIO-key's Biometric Service Provider fingerprint biometric software solution on the front end of their IBM Enterprise Software and Services Offering (ESSO) Integration for employee login to customer account information.
The IBM ESSO integration of BIO-key is valuable for Windows desktop login as well as for Single Sign-On to the suite of applications under the ESSO umbrella. BIO-key has worked with IBM and their ESSO and IBM Security Access Manager (ISAM) products since 2008, collaborating to deliver successful integrations around the world. BIO-key’s Biometric Service Provider (BSP) solution, integrated with IBM’s ESSO, will provide one-touch fingerprint biometric authentication for agents seeking to access customer records.
By implementing BIO-key, Claro will have a thorough audit trail of all agent activity accessing customer records, therefore supporting its objectives of increasing online security and expediting operational processes. Fingerprint biometrics provide stronger authentication while reducing reliance on passwords, which can drain worker productivity, and drive IT costs from frequent password resets.
Call centers are traditionally known for shared workstation environments with cross utilization of devices and work areas. Further, call center staffing often has a large percentage of part-time employees and turnover can be high. These dynamics create a high-risk environment for online security, which can be effectively addressed with BIO-key's secure biometric solutions.
“It’s gratifying to secure another large international telecom customer who recognizes the value of our solutions for enhancing the security of customer data accessed by call center personnel,” stated Mike DePasquale, Chairman & CEO of BIO-key, “and we hope to build upon this relationship going forward.
“Call center agents have access to a tremendous amount of personal customer information, and all it takes is just one breach to wreak havoc on an entire organization. This immeasurable risk is prevented by BIO-key's secure and convenient solutions, which positively identify the person behind a transaction or accessing privileged data. With BIO-key solutions, it’s not possible to reuse a password or access data through another employee’s account."
About América Móvil: (www.americamovil.com/about-us/our-company)
América Móvil is the leading provider of integrated telecommunications services in Latin America. Outside of China, it's the fourth largest company in terms of wireless subscribers. Through the development of a world-class integrated telecommunications platform, América Móvil offers customers a portfolio of value added services and enhanced communications solutions in 25 countries in America and Central and Eastern Europe. At March 31, 2018, the company had 362 million access lines, including 279 million wireless subscribers, 33 million landlines, 28.6 million broadband accesses and 21.5 million PayTV units. In Latin America, América Móvil operates under the brands: Telmex, Telcel and Claro, while in Central and Easter Europe under the de A1 brand.
About BIO-key International, Inc. (www.bio-key.com)
BIO-key is revolutionizing authentication with biometric solutions that enable convenient and secure access to information and high-stakes transactions. We offer software-based alternatives to passwords, PINs, tokens, and cards to make it easy for enterprises and consumers to secure their devices as well as information in the cloud. Our premium finger scanning devices offer market-leading quality, performance and price. BIO-key also brings the power and ease of use of biometric technology to its TouchLock line of biometric and Bluetooth enabled padlocks – providing more ways to BIO-key your world!
BIO-key Safe Harbor Statement
All statements contained in this press release other than statements of historical facts are "forward-looking statements" as defined in the Private Securities Litigation Reform Act of 1995 (the "Act"). The words "estimate," "project," "intends," "expects," "anticipates," "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 Act. These statements are not guarantees of future performance or events and are subject to risks and uncertainties that may cause actual results to differ materially from those included within or implied by such forward-looking statements. These risks and uncertainties include, without limitation, our ability to develop new products and evolve existing ones, customer and market acceptance of biometric solutions generally and our specific offerings, our ability to expand sales within existing customer relationships, our ability to raise additional capital, and our ability to attract and retain key personnel. For a more complete description of these and other risk factors that may affect the future performance of BIO-key International, Inc., see "Risk Factors" in the Company's Annual Report on Form 10-K for the year ended December 31, 2017 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 undertakes no obligation to disclose any revision to these forward-looking statements to reflect events or circumstances after the date made.
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Investor & Media Contacts
William Jones, Tanya Kamatu
Catalyst Global
212-924-9800
bkyi@catalyst-ir.com