NJ TECH CORNER: Bio-Key International, Inc.
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.]