2FA Inc. Licenses BIO-key Biometrics to Upgrade Its Fingerprint Authentication Offerings
WALL, NJ--(Marketwired - Feb 8, 2016) - BIO-key International, Inc. (OTCQB: BKYI), an innovative provider of strong, interoperable biometric authentication solutions, announced that 2FA, Inc., a veteran-owned cybersecurity company providing enterprise multifactor authentication (MFA) and single sign-on (SSO) solutions, has licensed BIO-key's fingerprint biometric authentication technology platform and incorporated it into 2FA's highly-regarded 2FA ONE Authentication platform. 2FA plans to begin delivering BIO-key-based solutions to customers in the first quarter.
2FA's upgrade to BIO-key insulates it from the rapidly-evolving fingerprint scanner marketplace, assures that 2FA end-users will have the freedom to mix and match among of BIO-key's over 40 supported fingerprint scanners, while also gaining the certainty of BIO-key's NIST-certified accuracy and 1-to-many identification capabilities, even among large enterprise populations. 2FA users will also be able to leverage BIO-key's new line of low-cost, high-quality fingerprint scanners, priced significantly lower than other aftermarket USB scanner devices.
"The strategic decision to leverage BIO-key's technology within our solution came after months of due diligence to find the best-of-breed biometric authentication suite to support our current and future customers," stated, Greg Salyards, 2FA, Inc. CEO. "With over 2,500,000 end-users worldwide who depend on our solution every day to access critical and protected information, the decision to incorporate BIO-key's technology into our authentication platform was crucial to ensure the highest security and customer satisfaction. 2FA supports over 250,000 public sector end-users who rely upon our solution for streamlined, yet compliant access to criminal justice information provided by state and federal agencies. Our plan is to immediately leverage BIO-key's technology for HIPAA- and EPCS-compliant authentication at our largest healthcare customers, ranging in size from 10,000 to over 20,000 users."
"BIO-key is thrilled to welcome a company with 2FA's track record of success to our list of innovative customers," stated Jim Sullivan, SVP Global Sales, BIO-key. "We are especially pleased that an authentication provider with 2FA's years of biometric authentication experience has elected to take their biometric offering to the next level by adding BIO-key's interoperability, 1-to-many identification, and NIST-tested accuracy. We look forward to working with 2FA to bring this solution to their sizable existing customer base," added Sullivan.