BIO-key International, Inc. (NASDAQ: BKYI), noticed its shares barely moved Monday, on announcing a strategic distribution partnership with Bravantic Group to bring its solutions to customers in Southern Europe, Africa, Brazil and the Middle East. Bravantic Group, which has over 2,500 customers and revenues of $100 million, joins BIO-key’s global Channel Alliance Partner (CAP) program.
Bravantic Group has a strong presence in Portugal, the United Kingdom, Angola, Mozambique, Cape Verde, Brazil, Abu Dhabi, and Dubai. Over the last 26 years they have worked with major hardware and software manufacturers to offer a wide range of information technology and security solutions and services across a variety of industries and enterprises.
BIO-key continues to expand its footprint in high growth international markets by offering its leading identity solutions through key strategic partners like Bravantic. The CAP program makes it easy for partners to drive revenue via BIO-key’s full line of solutions and multifactor authentication options, including the award-winning PortalGuard® platform and hardware solutions including fingerprint scanners, which support Identity-Bound Biometric authentication and FIDO-key® security keys.
Formed in 2022, Bravantic is built on the legacy of its predecessor, Informantem, which launched 26 years ago. Bravantic has over 2,500 collaborators, with presence in Portugal, U.K., Angola, Mozambique, Cape Verde, Brazil, Abu Dhabi and Dubai
BKYI shares were flat at 79 cents.
