BIO-key’s Cloud-Hosted PortalGuard® Identity-as-a-Service Platform Named “Identity Management
Solution of the Year” by Research Firm RemoteTech Breakthrough
WALL, NJ, June 23, 2022 – BIO-key International, Inc. (NASDAQ: BKYI), an innovative provider of Identityand Access Management (IAM) and Identity-Bound Biometric (IBB) solutions, today announced its
PortalGuard® Identity-as-a-Service (IDaaS) platform has won the “Identity Management Solution of theYear” award in the 2022 RemoteTech Breakthrough Awards conducted by RemoteTech Breakthrough,for the second consecutive year. This acknowledgement adds to a growing list of industry awards theplatform has earned. RemoteTech Breakthrough is a leading independent market intelligenceorganization that evaluates and recognizes standout technology companies, products, and services
empowering remote work and distributed teams around theglobe.
The mission of the annual RemoteTech Breakthrough Awards
program is to conduct the industry’s most comprehensive
analysis and evaluation of the top technology companies,
solutions, and products in the remote technology industry
today. This year’s program attracted more than 1,700
nominations from over 15 different countries.
In the wake of the pandemic, many organizations plan tomaintain a fully remote or hybrid work environment,
however they struggle to secure remote access and know
exactly who is gaining access to their systems, applications, and data.
“Many of the multi-factor authentication (MFA) methods organizations are using to authenticate remote
employees, suppliers, and customers are based on something the user knows, such as a password, orsomething the user has, such as their phone. These approaches leave the door wide open for commonauthentication hacks where credentials are shared, stolen, forgotten, or lost,” said Bryan Vaughn,
Managing Director of RemoteTech Breakthrough Awards. “We selected PortalGuard as ‘Identity
Management Solution of the Year’ for how easily it helps customers secure access for both theworkforce and customers while also giving organizations peace of mind that they know who is gaining
access regardless of their location.”
When securing remote access for employees, supply chain, and customers, positively identifying theindividual with certainty during the authentication process is essential. BIO-key PortalGuard IDaaS
provides a hosted, unified IAM platform that offers the widest range of options for single sign-on, selfservice password reset, and multi-factor authentication, with BIO-key’s proprietary offering of IdentityBound Biometrics that utilize a centralized unique biometric identity to verify a person anywhere.
Customers using PortalGuard’s IBB authentication methods, including fingerprint scanning and palmscanning via BIO-key's MFA mobile app, MobileAuth™, can eliminate the inconvenience, security risks,and costs of traditional authentication methods to effectively secure remote access.
“We are thrilled and honored to again be recognized by RemoteTech Breakthrough for our innovations
and unique ability to secure remote access,” said Michael DePasquale, Chairman and CEO of BIO-key
International. “The increase in global demand for remote access has amplified the shortcomings of many

IAM solutions unable to go beyond passwords and devices to verify the person behind every
authentication. In contrast, PortalGuard offers customers the flexibility to utilize a range of factors,
including Identity-Bound Biometrics, to secure access for all their users and address their core IAM
requirements.”
For over 20 years, PortalGuard has been trusted by customers across multiple industries, including
education, healthcare, manufacturing, finance, and government, to secure remote access, reduce
password-related help desk calls by up to 95%, eliminate passwords, prevent phishing attacks, meet cyber
insurance requirements, and improve productivity for the IT team.
To learn more about BIO-key PortalGuard IDaaS please visit BIO-key's website.
About BIO-key International, Inc. (www.BIO-key.com)
BIO-key has over two decades of expertise in providing authentication technology for thousands oforganizations and millions of users and is revolutionizing authentication with biometric-centric, multifactor identity and access management (IAM) solutions, including 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-premises and cloud-based Identity-as-a-Service (IDaaS) solutions, aswell as customized enterprise solutions.
About RemoteTech BreakthroughPart of Tech Breakthrough, a leading market intelligence and recognition platform for global technology
innovation and leadership, the RemoteTech Breakthrough Awards program is devoted to honoring
excellence in technologies, services, companies, and products that empower remote work anddistributed teams around the globe. The RemoteTech Breakthrough Awards program provides a forum
for public recognition around the achievements of technology companies and solutions in categories
including messaging & communication, project management, virtual events, team collaboration, virtualoffices, collaborative design and more. For more information visit RemoteTechBreakthrough.com.
BIO-key Safe Harbor Statement
All statements contained in this press release other than statements of historical facts are "forwardlooking 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 areintended 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 not guarantees
of future performance or events and are subject to risks and uncertainties that may cause actual results
to differ materially from those included within or implied by such forward-looking statements. Theserisks 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 businessconditions; 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 biometrictechnology industry; market acceptance of biometric products generally and our products underdevelopment; the duration and severity of the current coronavirus COVID-19 pandemic and its effect on
our business operations, sales cycles, personnel, and the geographic markets in which we operate;delays in the development of products and statements of assumption underlying any of the foregoing aswell 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, 2021 and 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. Except as required by law, the Company 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 be other factors of which the Company is not currently aware that
may affect matters discussed in forward-looking statements and may also cause actual results to differ
materially from those discussed. In particular, the consequences of the coronavirus outbreak toeconomic conditions and the industry in general and the financial position and operating results of ourCompany, in particular, have been material, are changing rapidly, and cannot be predicted.
Engage with BIO-key
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Twitter – Corporate: @BIOkeyIntl
Twitter – Investors: @BIO_keyIRStockTwits: BIO_keyIRMedia Contact
Erin Knapp
Matter on behalf of BIO-key
BIO-Key@matternow.com
Investor Contacts
William Jones, David Collins
Catalyst IR
BKYI@catalyst-ir.com
212-924-9800