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IBM and Algorithmiq join forces to pave the way toward useful quantum advantage for quantum chemistry

Algorithmiq

Algorithmiq, a Helsinki-based quantum computing startup, has entered into an engagement with IBM to progress in its exploration of quantum algorithms that attempt to solve complex issues in life sciences. This collaboration brings together IBM's world-leading hardware, software and quantum applications expertise with Algorithmiq's cutting-edge algorithm developers, to explore ways to dramatically cut the time and cost of drug discovery and development. The work will also contribute any work produced to Qiskit, an open-source SDK for quantum computers, with the aim of promoting and developing this nascent ecosystem. As part of the engagement, Algorithmiq will become part of the IBM Quantum Network. IBM’s researchers are collaborating with Algorithmiq to address how to overcome the main bottlenecks in today’s noisy quantum hardware, such as limited speed, accuracy, and scale, for large quantum chemistry simulations. Algorithmiq’s novel measurement techniques have shown to greatly reduce runtime in hybrid quantum-classical algorithms. In addition, Algorithmiq’s post-processing strategies for error mitigation have shown to significantly improve the accuracy of quantum chemistry simulations. Therefore, this collaboration looks to yield promising results to boost the performance of quantum algorithms on near-term quantum technology. Founded by a team of world-leading academics in the field, Algorithmiq is focused on leveraging the power of quantum computing so that new drugs can be explored and eventually brought to market, and cost-effectively, leading to precise medical treatments. On average, it currently takes around a decade and $1 billion for a new drug to get to market. Algorithmiq's advances are estimated to reduce the time-to-market of new, more efficient and less harmful drugs, significantly. Algorithmiq's mission is to prevent and cure diseases by exploiting the power of quantum computing combined with a complex systems approach to drug discovery and development. Sabrina Maniscalco, CEO and co-founder of Algorithmiq: “We are delighted to collaborate with IBM as we look to combine our world-leading quantum algorithms with IBM’s best-in-class hardware and quantum chemistry expertise toward realising the full potential of the technology for quantum chemistry simulations. Quantum computing holds the key to revolutionising the process of drug discovery and development. We couldn’t be more thrilled to be collaborating with a giant of the technology industry in our pursuit of this mission, placing ourselves at the forefront of innovation and the race to prove useful quantum advantage in the space.” Guillermo Garcia Perez, CSO and co-founder of Algorithmiq: “ Whilst unleashing the full power of quantum simulations will likely require fault-tolerant quantum computers, near-term devices like those developed by IBM, combined with our novel algorithms based on informationally complete data, are today already showing progress toward the demonstration of a quantum advantage for chemistry. This is a steppingstone for any application of quantum computers to Life Sciences.” Ivano Tavernelli, Global Leader for Advanced Algorithms for Quantum Simulations, IBM Research: “IBM believes the demonstration of quantum advantage in areas such as quantum chemistry is possible this decade. So, we are excited to collaborate with Algorithmiq in our efforts to push the industry forward, and we are glad to see the promising results they have achieved to date in improving the performance of near-term quantum algorithms. We are glad to support Algorithmiq’s ambition through the IBM Quantum Network, and believe that the company’s work could be pivotal in carving a path towards demonstrating quantum advantage with near-term quantum algorithms.” About Algorithmiq Algorithmiq develops software and quantum algorithms to solve complex issues in life sciences, with the mission to significantly reduce the time and cost it takes for pharma companies to bring new drugs for diseases to market. Based in Helsinki, the company is led by a team of ambitious, world-leading academics in quantum computing and is one of the only software companies specifically focused on optimising algorithms for NISQ to impact the drug discovery pipeline. In February 2022, the startup announced a $4m seed round backed by investment from Tiger Global, K5 Global and numerous angel investors. Alongside Co-Founder and CEO Professor Sabrina Maniscalco on Algorithmiq’s Board are:- Co-Founder and DeepMind advisor Dr Jussi Westergren; Jorma Ollila, former CEO and Chairman of Nokia; and Haakon Overli, founding General Partner at Dawn Capital, who sit on the board. About IBM For more information, visit https://www.ibm.com/quantum Contact Details Algorithmiq Bilal Mahmood +44 7714 007257 b.mahmood@stockwoodstrategy.com Company Website https://algorithmiq.fi/

November 16, 2022 06:00 AM Eastern Standard Time

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Holiday Kickoff with Tech Life Expert Stephanie Humphrey

News Media Group, Inc.

Contact Details News Media Group, Inc. Karl Wayne +1 334-440-6397 karl@newsmg.com Company Website https://newsmg.com/

November 16, 2022 06:00 AM Eastern Standard Time

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Stagwell (STGW) Agency Assembly joins The Attention Council

Assembly

Omnichannel media agency Assembly, part of Stagwell (NASDAQ: STGW), has joined The Attention Council as an agency member, further bolstering its commitment to meet the mixed media demands of its burgeoning global client cohort. The Attention Council is a coalition of advertising technology companies committed to promoting attention as a primary metric for understanding advertising and increasing advocacy for the wider adoption of cross-platform attention metrics in the planning, buying, and selling of media. Andy Brown, CEO of TAC, commented, “I am delighted to welcome Assembly to The Attention Council. They join at a time of major growth for use of attention metrics in the media and marketing industry. I look forward to them playing an important role in the evolution in the coming years”. Joel Coppersmith, Global Head of Measurement & Effectiveness at Assembly, added, "The media landscape has evolved and so have the ways in which consumers and media interact. There is a lot still to learn as we seek ways to improve the effectiveness of media and advertising at driving business outcomes.” “The value and use of attention and attention-based metrics is a fascinating, and hotly debated, topic that may shed light on how we can deliver better advertising, and Assembly is delighted to be part of driving that conversation forward". ABOUT ASSEMBLY: Assembly is the modern global omnichannel media agency, bringing data, talent, and technology together to find the change that fuels growth for the best brands on the planet. Our approach connects big, bold brand stories with integrated, global media capabilities that deliver performance and drive large-scale business growth. Our work is powered by our proprietary, in-house technology solution, STAGE, and led by our global talent base of over 1,600 people around the world. We’re purpose-driven at our core and pioneers in social and environmental impact in the agency world. Assembly is a proud member of Stagwell, the challenger network built to transform marketing. Visit www.assemblyglobal.com Contact Details Assembly Gunilla Huddleston, VP of Marketing, EMEA gunilla.huddleston@assemblyglobal.com Company Website https://www.assemblyglobal.com/

November 16, 2022 04:00 AM Eastern Standard Time

CO2oons! NEW WEB3 CLIMATE CHANGE ENTERTAINMENT COMPANY LAUNCHES at COP27: The UNITED NATIONS CLIMATE CHANGE CONFERENCE

CO2oons

November 15, 2022 - Co-Founder & CEO, David Villaseñor, and Co-Founder Matteo Petrelli, today announced the launch of CO2oons, a new company born with the goal of changing the way people think about, and engage, with the climate change conversation. CO2oons will partner and collaborate with the world’s top brands to create consumer products, educational initiatives, films, serial content and events all centered around the company’s original IP: a population of creatures living in Earth’s near future, that have evolved out of the effects of climate change and are now the only living things on the planet. David Villaseñor, Co-Founder & CEO said: “The core of our idea is this: we will use entertainment to build a mainstream, recognized global brand in the climate arena that will inspire and connect with audiences in a way that only beloved characters and stories are able to do. We must find new and innovative ways to attract people to become involved in the fight to save our planet, and we believe that making the conversation entertaining could be an important part of the solution.” CO2oons’ leadership team includes: Co-founder & CEO David Villaseñor, also serving as Director of Operations of Earth Uprising International, a global youth-led climate justice organization founded by his daughter, internationally recognized teenage climate activist Alexandria Villaseñor; Pete Johnson, Co-founder & Chief Creative and Marketing Officer, most recently Global Head of Creative at The LEGO Agency; Ahmet Can, Co-founder & COO, 20-year veteran of the start-up world having scaled several global organizations with three successful exits; and Matteo Petrelli, Co-founder and CEO of Exeest, a leading B2B platform for licensing/purchasing of film and TV rights. The announcement was made from the stage during the CO2oons hosted panel, “ Blockchain, Climate, Corporations and Regulations” at The Earth Day Pavillion during the COP27 conference. CO2oons brought together panelists Rev. Lennox Yearwood Jr, CEO of Hip Hop Caucus and Senior Advisor of Bloomberg Philanthropies; AY Young, climate activist, producer, singer and entrepreneur; and Miles Austin, CEO of Hyphen Global AG, Managing Director of CPG Capital to discuss the intersections, the misconceptions, the upcoming regulations and the potential possibilities Web3 can bring to climate change. Panelists shared perspectives on the role of Fortune 500 companies and what they could be doing to help fight the climate crisis, the real impacts that Blockchains have and will have in the environmental space, and the role that entertainment and a more engaging way of communicating can have. CO2oons is hosting a second panel on November 17th at 11am GMT+2 at the Earth Day Pavillion: “CO2oons! Bringing the Youth Climate Movement to Web3”, featuring Steve Wallace, Official Institutions & Advocacy, Global Lead at Polygon Technology; Alexandria Villasenōr, Co-founder of U.S. Climate Strikes and Earth Uprising International; Seb Lindner, co-founder of Web3daily; and Matteo Petrelli, co-founder of Co2oons. Both panels can be viewed here. The idea behind CO2oons is to create an imaginary world that can attract and entertain global audiences, using many forms of storytelling, and help raise awareness about the status of our climate (in a fun and engaging way!) With CO2oons, we’ve created an IP that will first launch as an NFT collection and then evolve to become much more. We will partner and collaborate with the world’s top brands to create consumer products, educational initiatives, films, serial content, events and much more. We want our creatures everywhere, raising awareness and inspiring action not just from NGOs, activists and a small group of corporations, but from the largest audience possible. We believe that by making the conversation fun we will be able to reach a broader audience and to capture the interest of more people, in a more personal and active way. Contact Details CO2oons Lauren Hurvitz laurenhurvitz@gmail.com Company Website https://co2oons.com/

November 15, 2022 03:26 PM Eastern Standard Time

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Effectiv and Vouched Partner to Fight Fraud, Stay Compliant and Secure Consumer Identities for Fintechs, Credit Unions and Banks

Effectiv

The importance of preventing fraud through quick and accurate identification verification has never been higher. Combining that with taking away the headaches around KYC and AML compliance means that financial institutions and fintechs can focus more on growing their business and serving their customers. Vouched, a leading provider of AI for KYC, IDV, and end-to-end fraud detection, and Effectiv, a fraud and compliance automation platform, announce a new partnership that enables customers to verify and onboard users within an omnichannel environment in real-time. “ Our partnership with Vouched strengthens the fight against identity theft, fraud, and KYC/AML compliance which aligns perfectly with Effectiv's solution that enables financial service providers and fintechs to protect consumer identities and accelerate onboarding,” said Ravi Sandepudi, CEO, Effectiv. “ We’re thrilled to partner with Vouched to help customers manage risk and financial crime.” “ We're excited to be working with Effectiv to address the challenges that consumer identity verification, fighting fraud and KYC compliance pose for financial organizations," said John Baird, CEO, Vouched. " Effectiv's real-time online fraud risk management and compliance solutions help empower businesses to seamlessly leverage our AI-empowered identity verification onboarding solutions." About Effectiv Effectiv provides a fraud and compliance automation platform for fintechs, mid-sized banks, and credit unions. Its mission is to automate compliance needs while helping customers manage fraud with a best-in-class solution combining human and artificial intelligence interaction. Built by a team who enabled enterprises like U.S. Bank, Chime, Google, PayPal, and Walmart to manage fraud and risk at scale, Effectiv’s solutions utilize hundreds of industry-leading data sources helping financial institutions utilize expert-built solutions that come pre-integrated with best-in-class data intelligence. About Vouched Vouched is award-winning artificial intelligence and computer vision that powers end-to-end visual identity verification, KYC, and fraud detection online in real-time globally. An expert in government-issued identity documents worldwide, Vouched helps banks, fintechs, healthcare providers, automotive dealers and companies in various other industries verify and onboard users to provide access to life’s most critical services instantly. Media Contacts: Effectiv: hello@effectiv.ai Vouched: press@vouched.id Contact Details Effectiv Media contact hello@effectiv.ai Company Website http://effectiv.ai/

November 15, 2022 10:00 AM Eastern Standard Time

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World Champion Fantasy Signs First-Ever Strategic Esports Data and Streaming Partnership with Edgio

World Champion Fantasy

World Champion Fantasy (WCF), the world’s first online fantasy esports platform, announced a strategic esports partnership with Edgio to power the upcoming release of PlayerX. The exclusive partnership will leverage Edgio’s industry-leading Uplynk platform that enables World Champion Fantasy to go to market quickly with PlayerX and scale operations with a fraction of the resources. For the first time, streaming video will be synced with player data (e.g., kills, headshots) from esports tournaments. Player and team statistics will automatically be tagged, cataloged, and uploaded as searchable video clips -- allowing fans on World Champion Fantasy’s upcoming platform, PlayerX, to stream, promote, and share esports highlights as they happen. World Champion Fantasy’s PlayerX is an innovative platform combining elements of traditional fantasy sports with esports. PlayerX allows fans to assemble a dream team of esport athletes and then live stream games that simultaneously display insights and stats. PlayerX elevates the traditional fantasy sports experience by enabling fans to customize interactive avatars and theme music, providing expansive chat capabilities, and more. Another appealing feature is that PlayerX subscribers no longer have to search multiple platforms for the most up-to-date information and highlights of their favorite streamers and athletes. These features are available on one non-gambling platform suitable for all ages. “This is a big deal for the future of fantasy sports -- and Edgio understood this vision. This partnership puts the fantasy sports user experience front and center, utilizing data, engagement insights, and streaming capabilities to deliver dynamic and engaging fan experiences,” said Mike Vela, CEO of World Champion Fantasy. “The fantasy experience is one-dimensional, with users simply interacting with text and numbers. By incorporating real-time stats and video into our PlayerX platform, users can flex and troll their opponents, search and watch the best clips and share highlights with their friends and followers.” “Working with World Champion Fantasy, Edgio will provide our industry-leading technology and streaming solutions to one of the fastest growing and influential market segments - esports. This collaboration will help us better understand the needs and behaviors of our esports streaming customers and use those insights to improve our products and services,” said Bob Lyons, Edgio CEO. WCF’s PlayerX will officially launch fantasy games for Valorant and CSGO in Q1 2023, and later in 2023 will incorporate League of Legends and Call of Duty. For more information, please visit WorldChampionFantasy.com. About World Champion Fantasy World Champion Fantasy is the next generation of fantasy sports as the first platform of its kind pairing best-in-class technology and UX with the most exclusive content in esports. We are at the future of fantasy and at the forefront of the evolving esports industry creating an immersive real-time interactive competitive experience, live data and video feeds all on one platform. For more information on World Champion Fantasy, please visit: https://worldchampionfantasy.com Contact Details HPL Digital Sport for WCF Sterling Randle +1 801-319-6153 srandle@hotpaperlantern.com Company Website https://worldchampionfantasy.com/

November 15, 2022 09:00 AM Eastern Standard Time

ESA Names Aubrey Quinn as SVP, Communications & Public Affairs

The Entertainment Software Association

The Entertainment Software Association (ESA) today announced that Aubrey Quinn has joined the ESA as Senior Vice President, Communications & Public Affairs, reporting to President and CEO Stanley Pierre-Louis. Quinn will be responsible for leading the trade association’s integrated communications efforts to showcase the video game industry’s growing impact on people, culture and the economy. “We could not be more excited about harnessing Aubrey’s expertise, vision and energy to amplify the positive impact of video games in society and in our daily lives,” Pierre-Louis said. “Aubrey’s experience will be invaluable in helping consumers and policymakers alike understand the pivotal role video games play as the leading form of entertainment today.” Quinn joins the ESA with nearly 20 years of communications and public affairs experience. Most recently, she served as Partner & Chief Operating Officer at Clyde Group, during which she provided strategic counsel to the ESA as an agency partner. Her earlier career included roles at boutique agencies and at organizations such as Children’s Miracle Network Hospitals, where she helped introduce the national campaign for Extra Life. She serves on the board of Generation Hope, a non-profit organization that seeks to ensure teen and student parents can experience economic mobility through educational opportunities. Quinn is also the recipient of several prominent industry awards, including the Ragan's Top Women in Communications award, the PRovoke Innovator 25 list, Washington Business Journal's 40 under 40 and PRNews’ Top Women in PR. “The video game industry is leading the world in innovative and interactive entertainment, while solidifying its role as a force for social good, economic growth and development,” Quinn said. “We will continue telling the stories of the creatives, designers, developers and others who — through their incredible work and new game experiences — are helping to elevate the role of play in the way we engage and interact with one another.” This news comes as the video game player community continues to expand. The ESA’s 2022 Essential Facts About the Video Game Industry report, released earlier this year, found that 97% of all Americans value the benefits of video games. More than 65% of Americans play video games — which translates to more than 215.5 million players from all walks of life. For more information on the ESA’s policy priorities and how the video game industry is driving economic opportunity, visit https://www.theesa.com/. About the ESA The Entertainment Software Association (ESA) serves as the voice and advocate for the U.S. video game industry. Its members are the innovators, creators, publishers and business leaders that are reimagining entertainment and transforming how we interact, learn, connect and play. The ESA works to expand and protect the dynamic marketplace for video games through innovative and engaging initiatives that showcase the positive impact of video games on people, culture and the economy. For more information, visit the ESA’s website or follow the ESA on Twitter @theESA. Contact Details Karen Elliott +1 202-223-2400 kelliott@theESA.com Company Website https://www.theesa.com/

November 15, 2022 09:00 AM Eastern Standard Time

Ink Finance And Its Strategic Partners Look To Help Reshape Industries With The All-In-One Financial SaaS On Web3

Ink Finance

Ink Finance, a multichain financial governance protocol for decentralized autonomous organizations (DAOs), has forged partnerships across the decentralized finance (DeFi) space and metaverse in an effort to leverage its unique financial management tools to improve the transparency, security, and compliance of DAOs running their financial operations on blockchains. These long-term partnerships have helped grow Ink Finance’s user base, expand the use cases, and build communities. Following are some of the ways its partners use the INK webapp’s modular toolset to manage their respective businesses. Cross Border Trade Finance In April, Ink Finance partnered with Polytrade ($TRADE), a cross-border trade finance platform where small and mid-sized enterprises can access fast, low-interest financing from crypto lenders. Polytrade adopted INK as its governance infrastructure, using it to build a DAO framework that protects its lenders, making risk management transparent and enabling lenders to actively engage in decision-making and shaping the platform. “[INK] provides the best coverage in terms of financial and fiscal duties, and its comprehensive and rigorous risk-management facilities reflect a true understanding of supply chain finance issues,” Polytrade Founder Piyush Gupta said in an interview. Semi-fungible Structured Products For Raising Capital An early investor and close partner of Ink Finance, Solv Protocol ($SOLV) collaborated with the DAO governance developer to scale its financial instruments marketplace. Already the largest decentralized marketplace for vouchers — a semi-fungible token (SFT) that represents financial equities — Solv was able to leverage INK’s financial governance mechanisms and asset-management tools to enable more DAOs to issue bespoke financial instruments that can be traded in the Solv marketplace. Going forward, INK could include Solv’s unique vesting and bond vouchers in its product module to give users more ready-to-use financial tools as they grow their ecosystems with DeFi. Vesting vouchers, which represent token allocations, would allow those DAOs to raise funds via initial voucher offerings without having to list their tokens on exchanges, where volatility could impact the token price. Bond vouchers allow DAOs to issue flexible-collateral bonds to raise funds. It’s a more flexible alternative to other DeFi debt financing options, like over-collateralized loans, for DAOs that need low-cost, sustainable liquidity. An STO Solution for Carbon Credit Financing Carbon credit is a new form of financial asset that allows businesses and countries to buy and sell carbon emission quotas on a global stage. Companies or countries that reduce emissions below their permit allowance can sell the excess as credits to entities that exceeded their permits. Along the line of asset origination and custodian services, many entities can be threaded together in collaboration to financialize such a new form of critical economic resource, DAOs and tokenization naturally come into play to solve the liquidity problems and help this very nascent industry get off the ground. Ink Finance is partnering with Draper Dragon (a global digital asset manager), DigiFT (a regulated trading platform for security tokens), and HKbitEx (a Hong Kong-based digital asset exchange for spot trading) to do just that. Robust Treasury Management For NFT-Rich Gaming & Metaverse Organizations Mirror World, a blockchain-based gaming platform spanning genres, allows players to earn tokens for defeating enemies or winning matches in any of the platform’s games. Right now, those are limited to in-game assets like equipment or items. But soon, the platform will offer the Mirror World Matrix Token ($MWM). In addition to serving as an in-game currency, MWM tokens offer economic incentives to game developers and have both in-game and out-of-game governance value, giving token holders the ability to participate in shaping the gaming ecosystem. Its partnership with Ink Finance has been instrumental in helping Mirror World develop and implement the DAO governance, treasury management and financial tools needed to create this multifunctional token. Ink Finance is a DAO governance toolset, enabling all kinds of ecosystems to establish governance economy, manage internal finance, and connect with DeFi investors everywhere, through a no-code user experience. As a Financial SaaS built on blockchain, Ink Finance has the most comprehensive financial engineering tools to support on-chain issuance, settlement, clearing, and analysis of Non-Fungible Financial Products.Ink Finance is backed by heavy weight eco builders such as Republic Crypto and DeFi Alliance, partnered with cutting-edge solution providers such as Humanode, Astra, SolvFinance, Polytrade and deBridge, etc. This post contains sponsored advertising content. This content is for informational purposes only and is not intended to be investing advice. Contact Details Camille Zhang camille.zhang@ufit.live

November 15, 2022 08:15 AM Eastern Standard Time

Passwordless Is All The Rage — But There Are Considerations To Be Made

BIO-key International, Inc.

It has long been known that passwords are vulnerable to hacking. Organizations around the world have acknowledged this risk over the years by introducing more stringent controls around password security and by creating awareness among their staff. Despite the rising awareness of the risks associated with weak passwords, data breaches have revealed that not enough attention is paid to the creation of secure passwords –- the most popular passwords around the world are still passwords like “password” and “123456.” According to Microsoft Corp. (NASDAQ: MSFT), 579 attacks to hack a password occur every second, which adds up to a monumental 18 billion attacks per year. But many common practices for making passwords stronger through complex requirements like including symbols, case sensitivity, and disallowing previous passwords only make it harder on users. Passwords become incredibly inconvenient to create, remember and manage across the various accounts a person owns. Because using passwords can create a poor user experience, many people often end up ignoring even basic password protocols – leaving themselves and their organizations defenseless against phishing schemes, brute-force attacks, and other tactics cybercriminals use to hack passwords. Is Passwordless Authentication The Solution? An ideal scenario seemingly might be one where no passwords are required, and several alternative options have emerged for the passwordless authentication of users. While many people and companies focus on the convenience of going passwordless, the security considerations of passwordless authentication are often overlooked. The most commonly used passwordless authentication methods focus on replacing the password as a single method, or as one of the methods used for multi-factor authentication. Authentication methods that are most commonly used are either possession factors, which require the person to use a smartphone or hardware token, or device-based biometrics, such as Apple Touch ID or Windows Hello. These options present their own challenges. Possession factors, such as smartphones or hardware tokens can be stolen, shared, lost, or damaged, resulting in users being locked out or allowing unauthorized access. And the costs and investment in purchasing multiple tokens or separate mobile devices with data plans for staff could be very high for large organizations. Not to mention there are large portions of people who do not have access to a smartphone. Finally, there are scenarios that make these factors implausible to use. For example, manufacturing floors, contact centers, banking locations, and others have people working who need to authenticate but where it may not be safe or practical for them to carry an additional device. Identity-Bound Biometrics Removes the Need for Phones and Tokens One method of passwordless authentication that could effectively address these challenges is the use of I dentity-Bound Biometrics (IBB) for access management, which is offered by cyber security companies like BIO-key International Inc. (NASDAQ: BKYI). Identity-bound biometrics creates a centralized unique biometric identity that can be used to verify a person anywhere. Some of the most common identity-bound biometric authentication methods are fingerprint scans, palm scans, face scans, iris scans, and voice recognition. Passwordless authentication with IBB can be as simple as the scan of a finger at any device in any location, making it a safe, efficient, cost-effective, and secure option for a range of common use cases, including shared workstations, remote access, and scenarios where mobile devices are not permitted such as manufacturing floors and contact centers as mentioned previously. BIO-key says its IBB process centrally stores biometric data in a nonreversible way to create a unique biometric identity for each user to verify the person taking action, which serves to establish trust and accountability based on a person's biometric identity. The benefits of using IBB include: Positively identifying the user intended to gain access Auditability of activities through a log that records all logins and tracks users' system access Ease of use with a quick and easy user experience requiring only single-touch authentication for a passwordless login Reduced overall cost by installing just one fingerprint scanner per desktop as a one-time investment as opposed to multiple tokens or mobile devices IBB is part of BIO-key's unified identity and access-management platform PortalGuard, which provides a range of authentication methods as part of its robust multi-factor authentication, as well as single sign-on and self-service password reset capabilities. PortalGuard is the only platform on the market that offers all these business-critical solutions using identity-bound biometrics as a key differentiator when it comes to implementing stronger authentication, according to Bio-key. To learn more about BIO-key’s IBB passwordless authentication products visit its website. BIO-key is revolutionizing authentication and cybersecurity with biometric-centric, multi-factor identity and access management (IAM) software managing millions of users. Its cloud-based PortalGuard IAM solution provides cost-effective, easy to deploy, convenient and secure access to devices, information, applications, and high-value transactions. BIO-key's patented software and hardware solutions, with industry-leading Identity-Bound Biometric (IBB) capabilities, enable large-scale Identity-as-a-Service (IDaaS) solutions, as well as customized on premises solutions. This post contains sponsored advertising content. This content is for informational purposes only and is not intended to be investing advice. Contact Details Catalyst IR- William Jones, David Collins +1 212-924-9800 BKYI@catalyst-ir.com Company Website https://www.bio-key.com/

November 15, 2022 08:00 AM Eastern Standard Time

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