NJ TECH CORNER: Bio-Key International, Inc.
Photo: Michael W. DePasquale, CEO of Bio-Key Photo Credit: Courtesy Bio-Key
Michael W. DePasquale, CEO of Bio-Key | Courtesy Bio-Key

Company Overview

Investment & Financial Information

 

BIO-key International,Inc. (NASDAQ: BKYI) is a provider of enterprise software and hardware systems and consumer products that enable secure access to information and high-status transactions.  Founded in 1993, the Wall-based company listed a total workforce of 25 employees and 18 contractors as of Dec. 31, 2017. 

 

Shares of common stock outstanding (as of Dec. 31, 2017):

7,691,324

Share price of stock (as of March 23, 2018)

  $1.96

Share price of stock (one year ago)

  $1.98

Current valuation (as of March 23, 2018)

  $15.5 million

Valuation one year ago

  $16.1 million

Stock Symbol:

(NASDAQ:BKYI)

Revenues (unaudited at year end Dec. 31, 2017)

 

$6.3 million

Revenues (at year end Dec. 31, 2016)

$2.97 million

Net Income (Loss) (at year end Dec. 31, 2017)

 

($4.2 million)

Net Income (Loss) (at year end Dec. 31, 2016)

 

 

($3.7 million)

 

Management Team

 

Name

Age

Title

Michael W. Depasquale

 

62

 

Chairman and CEO

Cecilia Welch

 

57

 

Chief Financial Officer

Mira K. LaCous

 

55

 

Chief Technology Officer

Barbara Rivera

 

64

 

Chief Operating Officer

Renat Zhdanov

 

54

 

Vice President and Chief Scientist

James Sullivan

 

49

 

Senior Vice President of Global Sales

Board of Directors

 

Name

Age

Title

Michael W. DePasquale

62

Chairman and CEO

 

Robert J. Michel

 

61

 

Consultant, Feuer & Orlando, LLP

 

Thomas E. Bush III

 

64

 

Former Director, Federal Bureau of Investigation’s CJIS Division

 

 

Thomas Gilly

 

56

 

Founder and CEO, PicoStar; Former Executive, Apple Computer



Wong Kwok Fong

 

 

53

Managing Director, BIO-key Hong Kong Limited; Co-Founder, China Goldjoy Group Ltd.

 

Yao Jianhui

 

45

 

Chairman and CEO, China Goldjoy Group,Ltd., Baoneng Holding Co. Ltd

 

 

Pieter Knook

 

 

58

 

 

Former Director of Internet Services, Vodaphone Group; Former President, Microsoft Asia

 

Fabian Shin

 

49

 

Director of several Hong Kong listed companies, former Deputy Chief Executive Officer, CMB International Capital Corp, Limited

 

Noteworthy Control

 

Name

Shares of common stock owned

% of total common shares

 

Wong Kwok Fong

 

2,049,959

33.2%

 

Giant Leap International

 

     761,441

 

9.9%

 

Micron Technology

 

    761,441

 

9.9%

 [All information for NJ Tech Corner was taken from the company's annual reports and proxy statements and other company sources, with the exception of the company's stock price and valuation.]

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