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Bio-Key Vaults on Iowa Connection

BIO-key International, Inc. (NASDAQ: BKYI) noted a climb in its shares Thursday. The company an innovative provider of workforce and customer identity and access management (IAM) solutions featuring Identity-Bound Biometrics (IBB), announced that its longstanding customer University of Iowa Hospitals & Clinics (UIHC) would add BIO-key’s PortalGuard® platform to expand its existing BIO-key biometric authentication investment as it migrates from Epic Systems’ legacy Hyperspace application to the new browser-based Hyperdrive interface.

UIHC is integrating PortalGuard with Epic Hyperdrive to provide SAML SSO (Single Sign-on) capabilities that leverage their current BIO-key biometric authentication deployment and to avoid user re-enrollment or the adoption of more cumbersome, expensive, or shared multi-factor authentication solutions. Driving the UIHC project timeline is the Epic requirement that customers migrate to Hyperdrive by the November 2023 release deadline.

BIO-key’s PortalGuard platform fully supports Hyperdrive’s modern authentication approach through its industry-standard SAML Identity Provider (IdP) capabilities. PortalGuard provided the required integration with Hyperdrive while allowing UIHC users to enjoy BIO-key’s secure and streamlined biometric authentication user experience. Additionally, UIHC could gain additional value by leveraging PortalGuard as its IdP and therefore use biometric authentication for integrated SAML, OAuth, and OpenID Connect options to extend security benefits to other hospital applications.

BKYI shares acquired 99 cents, or 6.6%, to $15.99.