BIO-key CEO To Speak At IGI Conference On Biometrics And Networks.

Business Editors

MINNEAPOLIS--(BUSINESS WIRE)--Feb. 14, 2003

BIO-key International, Inc. (OTCBB:BKYI); the leader in one-to-many fingerprint-based biometric identification technology for a wide variety of commercial and governmental applications in information security and access control, announced today that Michael W. Depasquale, BIO-key's CEO, will be a featured speaker at Information Gatekeepers Group's (IGI) Executive Telecom Briefing. IGI is an internationally recognized publisher, trade show organizer, consultancy and information service provider for the telecommunications industry. IGI publishes over 45 newsletters in the telecommunications field and over 20 market studies a year.

Mr. DePasquale will be speaking on "Securing Networks With Biometric Fingerprint Technology". He will also participate on an industry panel discussing "Biometrics Technology and Network Security Infrastructure".

Commenting on the invitation, BIO-key's Chairman, Thomas J. Colatosti said, "We are pleased to be the only biometric fingerprint company showcased in this inaugural conference on the potential opportunities for biometric technology to improve network and computer security. BIO-key's leadership in one-to-many fingerprint-based biometric identification technology uniquely positions us as a leader in this emerging market."

The Executive Telecom Briefings are designed to present opportunities for telecommunications related technologies in emerging markets, such as Homeland Security. These one-day briefings are intended to give high level executives a comprehensive overview of the technology, applications, market opportunities and lessons learned. Speakers are experts in the specific topic and include technologists, financial analysts, investors, suppliers, manufactures, carriers, government representative and upper level managers.

According to IGI, this is the first time, experts from the Biometrics and the Telecommunications industries; and users and suppliers are coming together to present Executive Briefings on ways to secure electronic information using Biometric technology.

The Conference will be held on March 12, 2003 at the Burlington, MA Marriott. To learn more about the conference, visit www.igigroup.com.

About BIO-key

BIO-key develops and licenses advanced biometric finger identification technologies that are cost effective, scalable and easy to deploy. BIO-key products provide "True User Identification(TM)" for the prevention of data and identity theft while preventing false aliases. BIO-key pioneered the only finger identification algorithm that has been certified by the ICSA, and today continues that innovation by offering cost effective, high-performance one-to-many finger and one-to-one identification solutions that provide security and positive identification for both government and enterprise applications. (http://www.bio-key.com)

About IGI Group

The Information Gatekeepers Group, headquartered in Boston, Massachusetts, USA, is an internationally recognized publisher, trade show organizer, consultancy and information service provider in the fields of fiber optics, optical networks, WDM, ADSL, ATM, Internet, high-speed Local Area Networks (LANs), Integrated Services Digital Networks (ISDN), wireless, telecommunications, and the emerging telecom markets, such as China, Brazil, India, South America, Mexico, Asia-Pacific and Russia. IGI publishes over 45 newsletters in the telecommunications field and over 20 market studies a year. Supporting the IGI Group outside the United States are 14 offices and/or agents in key telecommunications markets that perform both sales and data collection functions. Founded in 1977, the IGI Group now consists of four divisions: Information Gatekeepers Inc. (IGI), IGI Trade Shows and Conferences, IGI Com, a public relations company, and IGI Consulting (IGIC), each of which produces unique information products and services for the telecommunication industry.

BIO-key Safe Harbor Statement

This news release contains forward-looking statements that are subject to certain risks and uncertainties that may cause actual results to differ materially from those projected on the basis of such forward-looking statements. The words "estimate," "project,'' "intends,'' "expects,'' "believes" and similar expressions are intended to identify forward-looking statements. Such forward-looking statements are made based on management's beliefs, as well as assumptions made by, and information currently available to, management pursuant to the "safe-harbor" provisions of the Private Securities Litigation Reform Act of 1995. Such statements are not guarantees of future performance or events and are subject to known and unknown risks and uncertainties that could cause the Company's actual results, events or financial position to differ materially from those included within the forward-looking statements. These factors include, but are not limited to, the Company's ability to successfully develop its technology to meet or exceed user specifications, obtaining necessary financing, market acceptance of biometric technology generally and the Company's biometric technology specifically, as well as those factors set forth in the Company's Annual Report on Form 10-KSB and its other filings with the Securities and Exchange Commission. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date made and the Company undertakes no obligation to disclose any revision to these forward-looking statements to reflect events or circumstances after the date made or to reflect the occurrence of unanticipated events.