Thursday, 18 May 2017 08:00 AM
WALL, NJ / ACCESSWIRE / May 18, 2017 / BIO-key International, Inc. (OTCQB: BKYI), an innovative provider of biometric software and hardware solutions for strong and convenient user authentication, today reported that the company was granted US Patent # 9,646,146 for the Utilization of Biometric Data.
The patented method enables BIO-key and its licensees to leverage existing small area sensors to capture substantially more fingerprint surface area, leading to a higher degree of accuracy when performing a match. Better accuracy leads to superior end user experiences, and for the first time, provides a means for higher security fingerprint authentication scenarios using small area sensors. BIO-key's innovation will allow device manufacturers, application creators, enterprises, and most importantly, end users, to place more trust in the security of smaller fingerprint scanners.
Small area sensors capture only partial fingerprints, impacting the reliability of biometric matching, and preventing interoperable matching between small sensors and full size sensors. A small area sensor may be used as a touch sensor for simple on-device authentication, but security concerns have emerged to limit the trust in small sensors for higher stakes scenarios. Small sensors' "partial print" vulnerability was demonstrated in a widely publicized April 6, 2017 IEEE report by researchers at New York University and Michigan State University, entitled, "MasterPrint: Exploring the Vulnerability of Partial Fingerprint-based Authentication Systems," which exploited small sensors' limited capture area to achieve imposter matches. BIO-key's innovation overcomes the area limitations of small sensors by enabling the capture of more data using the existing small sensor as a dynamic area capture device when needed. As always, BIO-key's flexible and interoperable capabilities gives customers the option of matching on-device or in the cloud, and interoperably across a variety of different sensor devices.
"Nearly every device manufacturer is including fingerprint biometric authentication as a security and convenience option for their customers," stated Mira LaCous, BIO-key's Chief Technology Officer. "Before BIO-key's innovation, they had to make difficult tradeoffs between sensor area footprint and accuracy. This patent and BIO-key's IP behind it is intended to deliver the best of both worlds - enterprise-level security via sensor sizes that are unobtrusive and esthetically pleasing."
About BIO-key International, Inc. (www.bio-key.com)
BIO-key is revolutionizing authentication with our biometric solutions enabling convenient and secure access to information and securing high-stakes transactions. We offer 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, including SideSwipe, SideTouch, EcoID and SidePass offer market-leading quality, performance and price. Now anyone can BIO-key their world!
BIO-key Safe Harbor Statement
Certain statements contained in this press release may be construed as "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 subject to certain risks and uncertainties that may cause actual results to differ materially from those projected on the basis of these statements. These risks and uncertainties include, without limitation, our history of losses and limited revenue, our ability to develop new products and evolve existing ones, market acceptance of biometric solutions generally and our specific offerings, our ability to expand into the Asian market, the impact on our business of the recent financial crisis in the global capital markets, and negative global economic trends, 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, 2016 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.
Investor & Media Contacts
David Collins, William Jones, Tanya Kamatu
Catalyst Global
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SOURCE: BIO-key International, Inc.