Bio-Key Inc. (NASDAQ: (BKYI) stock gained by 16.83% at last close whereas the BKYI stock-price plunge by 3.11% in the after-hours trading session. BIO-key has over two decades of experience offering authentication technology to thousands of businesses and millions of customers, and its biometric-centric, multi-factor identity and access management (IAM) solutions are reinventing authentication.
BKYI stock’ Significant Development
BIO-key has announced a new collaboration with Intelisys Communications, a ScanSource firm that specialises in technology services and solutions. They’re working together to launch a Master Agent Referral Partner Program. BIO-capabilities key’s will be enhanced as a result of this strategic relationship with Intelisys, which will enable the firm to deliver its most renowned cybersecurity solutions and Identity and Access Management (IAM) platform, BIO-key PortalGuard, to a wider market. It will also aid in the strengthening and expansion of BIO-Channel key’s Alliance Partner (CAP) programme, as well as the use of the Master Agent Referral Partner Program to capitalise on new and existing client prospects.
This will expand BIO-key’s range of identity services and exceptional user experience, as well as provide more alternatives and support for businesses looking for security solutions. IAM, worker and customer multifactor authentication (MFA), exclusive Identity-Bound Biometric solutions, Single Sign-on (SSO), and Self-Service Password Reset are all areas of focus for BIO-key.
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The current relationship also aligns with BIO-growth key’s strategy, which focuses on expanding distribution of an already broad product line while ensuring BIO-key solutions are compatible with the most cutting-edge security capabilities. BIO-key has been providing some of the most powerful cybersecurity and authentication solutions on the market for over 25 years. Its innovative software and hardware solutions combine industry-leading biometrics with unique features for IAM.
BIO-key Chief Revenue Officer Fred Corsentino stated,
This is a significant achievement for BIO-key as they strive to expand their channel programme and assure regional presence in the most important regions. As they move to a better future, they look forward to collaborating with Intelisys to assist solve enterprise security and identity and access management concerns.
