BIO-key Selected as SC Media Trust Award Finalistfor Best Authentication Technology
Annual awards honor the best in U.S. cybersecurity, confirming BIO-key as a leader in theidentity and access management spaceWall, NJ - March 29, 2021 - BIO-key International, Inc. (NASDAQ: BKYI), an innovative providerof identity and access management (IAM) solutions powered by biometrics, today announced its
PortalGuard IDaaS has been recognized as one of five finalists for 2021 SC Media's Trust Awardin the Best Authentication Technology category. The Trust Award finalists were selected by apanel of expert judges who assessed products delivering enhanced security for end-users ordevices by managing credentials for access to an authenticator or authentication server.
PortalGuard streamlines secure connections between people and the cloud applications they use
to get things done. PortalGuard IDaaS is a comprehensive SaaS-based IAM platform thatdelivers seamless multi-directory integration, federated IDP for single sign-on, adaptive multifactor authentication (MFA), plus self-service password reset for enterprise workforces, supply
chain partners and customers. PortalGuard supports over 15 authentication methods that letcustomers consolidate multiple authentication solutions and secure access for users connectingfrom anywhere using any device. One of those factors is BIO-key biometrics, which strongly
authenticates roving users without phones or hardware tokens for industries like retail, callcenters, manufacturing, and healthcare, or where unauthorized account sharing and social
engineering remains undeterred by mainstream MFA.
For over 20 years, PortalGuard has been trusted by customers across multiple industries,
including education, healthcare, manufacturing, finance, and government. PortalGuard IDaaS
has experienced rapid growth from new and existing customers looking to improve their security
posture and migrate their IAM strategy to the cloud.
"We are delighted to be recognized by SC Media for PortalGuard’s unique differentiators,” said
Michael DePasqaule, BIO-key Chairman and CEO. “The steady stream of breaches reported in
the press demonstrates that one-size-fits-all authentication approaches are failing to protect evenwell-prepared enterprises. Our mission at BIO-key is to provide cost-effective products delivering
identity security and a superior user experience for every authentication scenario. PortalGuard
IDaaS offers more authentication methods, more single sign-on protocols, and more directory
integrations than any other solution on the market.""While the world will remember 2020 as the year of the pandemic and working from home, otherthreats did not diminish. In fact, phishing and ransomware experienced a banner year. BIOkey's PortalGuard IDaaS and the other finalists for Trust Awards provided to companies thetools and services needed to respond to the unrelenting threat landscape, even as security
teams scrambled to adapt internal security policies,” said Jill Aitoro, editor in chief of SC Mediaand editorial director at CyberRisk Alliance.

Now in its 24th year, SC Awards is recognized as the industry gold standard of accomplishment
for cybersecurity organizations, products and people. With the awards, SC Media recognizes

the achievements of cybersecurity professionals in the field, the innovations happening in thevendor and service provider communities, and the vigilant work of government, commercial andnonprofit entities. Vendors and service providers who offer a product and/or service for thecommercial, government, educational, nonprofit or other industries are eligible for the SCAwards’ Trust Award category. Winners will be announced by SC Media on May 3, 2021. To
learn more about BIO-key and the PortalGuard IDaaS platform, please visit BIO-key’s website.
About SC MediaSC Media is the essential resource for cybersecurity professionals, keeping them up to date onvital developments and focusing on their most important concerns. Whether practitioners orleaders, technologists or executives, people who care about cybersecurity turn to SC Media,
every day and throughout the day, to stay informed and gain insight into the complex issues thatmatter in their strategic and technology decision-making. As CyberRisk Alliance’s gateway
resource, SC Media taps into an authoritative community of thinkers and innovators to provide afull range of relevant and useful content, including exclusive market research and data, opinion
and perspective, independent product reviews, compelling in-person and virtual learning, andmuch more.
About CyberRisk Alliance
CyberRisk Alliance (CRA) was formed to help cybersecurity professionals face the challenges
that threaten the success and prosperity of their organizations. We provide business intelligenceand information services to help our growing community build effective strategies and makesmart decisions, and innovative marketing solutions to galvanize an efficient marketplace. Mostof all, we work to engage the entire cyber community and lift the success of all industry
professionals.
About BIO-key International, Inc.
BIO-key has over two decades of expertise in providing authentication technology for thousandsof organizations and millions of users and is revolutionizing authentication with biometric-centric,
multi-factor identity and access management (IAM) solutions. Its PortalGuard IAM solution, thatprovides convenient and secure access to devices, information, applications, and high-valuetransactions. BIO-key's patented software and hardware solutions, with industry-leading biometriccapabilities, enable large-scale on-premise and Identity-as-a-Service (IDaaS) solutions as well as
customized enterprise and cloud solutions.
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," andsimilar expressions are intended to identify forward-looking statements. Such forward-lookingstatements are made based on management's beliefs, as well as assumptions made by, andinformation currently available to, management pursuant to the "safe harbor" provisions of theAct. These statements are not guarantees of future performance or events and are subject torisks and uncertainties that may cause actual results to differ materially from those included withinor implied by such forward-looking statements. These risks and uncertainties include, without
limitation, our history of losses and limited revenue; our ability to raise additional capital; our ability
to protect our intellectual property; changes in business conditions; changes in our sales strategy
and product development plans; changes in the marketplace; continued services of our executive
management team; security breaches; competition in the biometric technology industry; market
acceptance of biometric products generally and our products under development; our ability toexecute and deliver on contracts in Africa; our ability to expand into Asia, Africa and other foreign
markets; the duration and severity of the current coronavirus COVID-19 pandemic and its effecton our business operations, sales cycles, 3 personnel, and the geographic markets in which weoperate; delays in the development of products and statements of assumption underlying any of
the foregoing as well as other factors set forth under the caption see "Risk Factors" in our Annual
Report on Form 10-K for the year ended December 31, 2019 and other filings with the Securities
and Exchange Commission. Readers are cautioned not to place undue reliance on these forwardlooking statements, which speak only as of the date made. Except as required by law, theCompany undertakes no obligation to disclose any revision to these forward-looking statements
whether as a result of new information, future events, or otherwise. Additionally, there may beother factors of which the Company is not currently aware that may affect matters discussed inforward-looking statements and may also cause actual results to differ materially from those
discussed. In particular, the consequences of the coronavirus outbreak to economic conditions
and the industry in general and the financial position and operating results of our Company, inparticular, have been material, are changing rapidly, and cannot be predicted.

Engage with BIO-key:
Facebook – Corporate: https://www.facebook.com/BIOkeyInternational/LinkedIn – Corporate: https://www.linkedin.com/company/bio-key-international
Twitter – Corporate: @BIOkeyIntl
Twitter – Investors: @BIO_keyIR
StockTwits: BIO_keyIRMedia Contact:
Erin Knapp
Matter Communications
BIO-key@matternow.com
914-260-3158
Awards Information:
Wendy Loew, SVP, Events
Wendy.Loew@cyberriskalliance.com