BIO-key International Receives 'Product of the Year' Award for Second Consecutive Year

WALL, N.J. -- BIO-key International, Inc., a leader in finger-based biometric identification and wireless public safety solutions, announced today that Technology Marketing Corporation's BiometriTech magazine online has named BIO-key's True User Identification as a recipient of their 2004 Product of the Year Award. BIO-key received a similar honor last year for WEB-key, a secure, internet-ready solution based on BIO-key's patented Vector Segment Technology.

True User Identification is a groundbreaking biometric security product that raises the bar for finger-based identification systems. Through innovative search techniques, enhanced imaging and mathematical modeling, True User Identification accurately identifies single individuals by their fingerprint out of a database of millions of fingerprints. True User Identification uses powerful indexing algorithms, as opposed to legacy binning approaches to achieve its unprecedented speed in locating fingerprints. Using industry standard Oracle 9i and 10g database servers, True User Identification provides a scalable, easily managed infrastructure for performing large scale identification. For smaller scale implementations, a proprietary database alternative is available.

"It is a privilege to be honored by BiometriTech two years running, especially for our True User Identification offering," said Mike DePasquale, CEO of BIO-key. "A major impediment to large scale commercial adoption of biometric-based security has been the inability to conveniently and accurately identify high volumes of people in real time using a fingerprint alone. Even for the simplest applications deploying a one to one fingerprint match, the integrity of the biometric database can be compromised if an individual can enroll multiple times under different aliases. With the introduction of True User Identification, BIO-key solves this problem, providing a fast and accurate method to ensure that a person enrolls their fingerprint only once, eliminating the possibility of duplicate identities for an individual. As biometrics scale and become commonplace in our every day lives, the security and integrity of the biometric information is critical and BIO-key can address these issues today," concluded DePasquale.

"Each year BiometriTech magazine bestows its Product of the Year awards on companies that have demonstrated excellence in technological advancement and application refinements in the biometrics industry. BIO-key International has once again demonstrated to the editors of BiometriTech that it has gone the extra mile to create a truly innovative product," said Rich Tehrani, President and Group Publisher of BiometriTech. The Product of the Year Award winners for 2004 have been published in the June 2005 issue of BiometriTech magazine online at http://www.tmcnet.com/comsol/04poty/04potybio.htm .

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