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DATAKEY, INC. RECEIVES $1.5 MILLION ORDER FROM MEDECO SECURITY LOCKS

 MINNEAPOLIS, Jan. 26 /PRNewswire/ -- Datakey, Inc. (NASDAQ-NMS: DKEY) announced today that it has received a contract from Medeco Security Locks, a leading manufacturer of high-security lock and key sets, that calls for Datakey to supply $1.5 million worth of custom- designed portable data carriers and interface components to Medeco over a two-year period. The Datakey parts will be used in a new special- purpose electronic access control product now offered by Medeco. Datakey began making deliveries under this agreement at the end of 1992.
 Michael A. Carenzo, president, said, "This is an important order for Datakey that gives use to our technology in a promising new application. It requires customized products from Datakey and reflects progress in our efforts to expand into new systems markets by developing high-level portable data systems for specialized applications."
 Datakey, Inc. designs, produces and markets specialty-class portable data carriers in the form of keys, cards and custom-shaped devices to OEMs in an applications-oriented marketplace. These small, semiconductor-memory based, portable devices serve as a convenient way to provide machine-readable electronic information for use in a variety of microprocessor-based equipment. The company's portable data devices are packaged to withstand the adverse elements found in transportable human environments. Datakey also designs, produces and markets supporting peripheral equipment for these portable data carrier devices. Shares of Datakey's common stock are traded on the NASDAQ/NMS under the symbol DKEY.
 -0- 1/26/93
 /CONTACT: Alan Shuler of Datakey, 612-890-6850, or Marian Briggs of Padilla Speer Beardsley, 612-871-8877, for Datakey/
 (DKEY)


CO: Datakey, Inc. ST: Minnesota IN: SU:

AL -- MN007 -- 9047 01/26/93 11:54 EST
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Publication:PR Newswire
Date:Jan 26, 1993
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