BIO-key International, Inc. (NASDAQ: BKYI), an innovative provider of Identity and Access Management (IAM) solutions featuring Identity-Bound Biometrics (IBB), today announced a new partnership with 3Eye Technologies, a value-added distributor of mobile, security, and identity solutions. The affiliation will enable BIO-key to introduce its award-winning solutions and IBB to a larger set of consumers, especially in financial services and local governments.
This partnership will enable them to bring higher security and convenience to organizations looking for complete IAM solution packages. 3Eye Technologies collaborates with vendors to plan and execute strategies for distributing cutting-edge technological solutions to targeted industries. The company aims to build relationships with leading technology vendors like BIO-key to empower value-added resellers (VARs) and managed service providers (MSPs) to represent, sell, and service best-in-class products.
The need for convenient, secure IAM solutions has never been higher, with an increasing amount of critical business being done online or from remote locations. Trust in who has access to what is paramount to building trust both inside an organization and for customers. In particular, governments and financial institutions are targets for threat actors to attempt to gain access to protected data.
The ability to safeguard these systems needs to be matched by the ability of a diverse range of employees across multiple locations. These new requirements in these industries have driven an unprecedented need for cybersecurity solutions like those offered by BIO-key.
“The partnership between BIO-key and 3Eye Technologies will be beneficial in reaching key markets like banking, financial, local government clients as well as other enterprises,” said Fred Corsentino, Chief Revenue Officer at BIO-key. “This ability to target and foster these markets will be instrumental in proliferating BIO-key’s innovative solutions across industries that need to secure essential data for their employees and customers alike.”
BIO-key will utilize 3Eye Technologies’ network of VARs and MSPs to expand the scope of its channel sales and marketing and increase market education for organizations about the benefits of IBB-based solutions. By partnering with 3Eye Technologies, BIO-key will grow its Channel Alliance Partner (CAP) program, expand the use of IBB and continue to be a thought leader in the cybersecurity space.