BIO-key International made a monumental announcement this week with the news that the young company will showcase their biometric solutions at the Oracle Openworld 2009 Conference which is being held at the Moscone Center in San Francisco from October 11-15, 2009.
The New Jersey based BIO-key has been gaining a renowned reputation as a pioneer in finger-based biometric identification and wireless public safety. As a charter member of the Oracle Identity Assurance Partner Alliance, BIO-key will provide hands-on product demonstrations of its state-of-the-art identification technology in booth #2520 at the above-mentioned Openworld Conference.
At the conference, BIO-key will display a variety of healthcare, retail, financial and government deployed identity solutions and will showcase ID Director for the Oracle Access Manager.
The ID Director is a valuable addition to the BIO-key family and the Oracle Identity Management platform because it requires only the touch of a finger to establish a person’s identity making this product the cutting edge of the industry.
BIO-key is led by their CEO Mike DePasquale. DePasquale brings more than 20 years of successful executive and sales and marketing experience as Director and CEO of BIO-key International. Most recently, he was President and CEO of Prism eSolutions, a company specializing in professional consulting services and online solutions for ISO-9001/14000 certification for customers in manufacturing, healthcare and government markets.
When asked about the Openworld Conference and the state of BIO-Key, DePasquale was quoted as saying, “BIO-key offers the ideal identity solution, delivering a secure, convenient and cost effective alternative that complies with government regulations and legislation such as HIPAA, Sarbanes Oxley, and the Electronic Signatures Act. Our software’s superior flexibility and accuracy provides organizations with a real competitive advantage that benefits both the end-user and the IT staff responsible for deploying and supporting ID solutions.”
BIO-key is currently trading in the $0.20 range, closing at $0.195 October 8th. With continuous news coming from the BIO-key and a strong management team in place, the Oracle OpenWorld Conference may be the avenue BIO-key needs to become a major player on Wall Street.