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<SEC-DOCUMENT>0001104659-08-033399.txt : 20080515
<SEC-HEADER>0001104659-08-033399.hdr.sgml : 20080515
<ACCEPTANCE-DATETIME>20080515085444
ACCESSION NUMBER:		0001104659-08-033399
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		3
CONFORMED PERIOD OF REPORT:	20080515
ITEM INFORMATION:		Results of Operations and Financial Condition
ITEM INFORMATION:		Financial Statements and Exhibits
FILED AS OF DATE:		20080515
DATE AS OF CHANGE:		20080515

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			BIO KEY INTERNATIONAL INC
		CENTRAL INDEX KEY:			0001019034
		STANDARD INDUSTRIAL CLASSIFICATION:	COMPUTER COMMUNICATIONS EQUIPMENT [3576]
		IRS NUMBER:				411761861
		STATE OF INCORPORATION:			MN
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-13463
		FILM NUMBER:		08834159

	BUSINESS ADDRESS:	
		STREET 1:		1285 CORPORATE CENTER DR.
		STREET 2:		SUITE 175
		CITY:			EAGAN
		STATE:			MN
		ZIP:			55121
		BUSINESS PHONE:		6516870414

	MAIL ADDRESS:	
		STREET 1:		1285 CORPORATE CENTER DR.
		STREET 2:		SUITE 175
		CITY:			EAGAN
		STATE:			MN
		ZIP:			55121

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	SAC TECHNOLOGIES INC
		DATE OF NAME CHANGE:	19961115
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>a08-14507_18k.htm
<DESCRIPTION>8-K
<TEXT>

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<p style="border:none;margin:0in 0in .0001pt;padding:0in;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

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<p align="center" style="margin:0in 0in .0001pt;text-align:center;text-autospace:none;"><b><font size="5" face="Times New Roman" style="font-size:18.0pt;font-weight:bold;">UNITED STATES</font></b></p>

<p align="center" style="margin:0in 0in .0001pt;text-align:center;text-autospace:none;"><b><font size="5" face="Times New Roman" style="font-size:18.0pt;font-weight:bold;">SECURITIES AND EXCHANGE COMMISSION</font></b></p>

<p align="center" style="margin:0in 0in .0001pt;text-align:center;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p align="center" style="margin:0in 0in .0001pt;text-align:center;text-autospace:none;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">Washington, D.C. 20549</font></b></p>

<p align="center" style="margin:0in 0in .0001pt;text-align:center;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p align="center" style="margin:0in 0in .0001pt;text-align:center;text-autospace:none;"><b><font size="5" face="Times New Roman" style="font-size:18.0pt;font-weight:bold;">FORM&nbsp;8-K</font></b></p>

<p align="center" style="margin:0in 0in .0001pt;text-align:center;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p align="center" style="margin:0in 0in .0001pt;text-align:center;text-autospace:none;"><b><font size="3" face="Times New Roman" style="font-size:12.0pt;font-weight:bold;">CURRENT
REPORT</font></b></p>

<p align="center" style="margin:0in 0in .0001pt;text-align:center;text-autospace:none;"><b><font size="3" face="Times New Roman" style="font-size:12.0pt;font-weight:bold;">&nbsp;</font></b></p>

<p align="center" style="margin:0in 0in .0001pt;text-align:center;text-autospace:none;"><b><font size="3" face="Times New Roman" style="font-size:12.0pt;font-weight:bold;">Pursuant to Section&nbsp;13
or 15(d)&nbsp;of the Securities Exchange Act of 1934</font></b></p>

<p align="center" style="margin:0in 0in .0001pt;text-align:center;text-autospace:none;"><b><font size="3" face="Times New Roman" style="font-size:12.0pt;font-weight:bold;">&nbsp;</font></b></p>

<p align="center" style="margin:0in 0in .0001pt;text-align:center;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Date of Report (Date of earliest event reported):<b> May&nbsp;15, 2008</b></font></p>

<p align="center" style="margin:0in 0in .0001pt;text-align:center;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p align="center" style="margin:0in 0in .0001pt;text-align:center;text-autospace:none;"><b><font size="5" face="Times New Roman" style="font-size:18.0pt;font-weight:bold;">BIO-key International,&nbsp;Inc.</font></b></p>

<p align="center" style="margin:0in 0in .0001pt;text-align:center;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(Exact name of registrant as specified in its
charter)</font></p>

<p align="center" style="margin:0in 0in .0001pt;text-align:center;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<div align="center">

<table border="0" cellspacing="0" cellpadding="0" width="100%" style="border-collapse:collapse;width:100.0%;">
 <tr>
  <td width="32%" valign="top" style="padding:0in .7pt 0in .7pt;width:32.0%;">
  <p align="center" style="margin:0in 0in .0001pt;text-align:center;text-autospace:none;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">Delaware</font></b></p>
  </td>
  <td width="2%" valign="bottom" style="padding:0in .7pt 0in .7pt;width:2.0%;">
  <p style="margin:0in 0in .0001pt;text-autospace:none;"><b><font size="2" face="Times New Roman" style="font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>
  </td>
  <td width="32%" valign="top" style="padding:0in .7pt 0in .7pt;width:32.0%;">
  <p align="center" style="margin:0in 0in .0001pt;text-align:center;text-autospace:none;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">1-13463</font></b></p>
  </td>
  <td width="2%" valign="bottom" style="padding:0in .7pt 0in .7pt;width:2.0%;">
  <p style="margin:0in 0in .0001pt;text-autospace:none;"><b><font size="2" face="Times New Roman" style="font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>
  </td>
  <td width="32%" valign="top" style="padding:0in .7pt 0in .7pt;width:32.0%;">
  <p align="center" style="margin:0in 0in .0001pt;text-align:center;text-autospace:none;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">41-1741861</font></b></p>
  </td>
 </tr>
 <tr>
  <td width="32%" valign="top" style="padding:0in .7pt 0in .7pt;width:32.0%;">
  <p align="center" style="margin:0in 0in .0001pt;text-align:center;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(State or other jurisdiction of </font></p>
  </td>
  <td width="2%" valign="bottom" style="padding:0in .7pt 0in .7pt;width:2.0%;">
  <p style="margin:0in 0in .0001pt;text-autospace:none;"><b><font size="2" face="Times New Roman" style="font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>
  </td>
  <td width="32%" valign="top" style="padding:0in .7pt 0in .7pt;width:32.0%;">
  <p align="center" style="margin:0in 0in .0001pt;text-align:center;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(Commission File Number)</font></p>
  </td>
  <td width="2%" valign="bottom" style="padding:0in .7pt 0in .7pt;width:2.0%;">
  <p style="margin:0in 0in .0001pt;text-autospace:none;"><b><font size="2" face="Times New Roman" style="font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>
  </td>
  <td width="32%" valign="top" style="padding:0in .7pt 0in .7pt;width:32.0%;">
  <p align="center" style="margin:0in 0in .0001pt;text-align:center;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(I.R.S. Employer Identification No.)</font></p>
  </td>
 </tr>
 <tr>
  <td width="32%" valign="top" style="padding:0in .7pt 0in .7pt;width:32.0%;">
  <p align="center" style="margin:0in 0in .0001pt;text-align:center;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">incorporation)</font></p>
  </td>
  <td width="2%" valign="bottom" style="padding:0in .7pt 0in .7pt;width:2.0%;">
  <p style="margin:0in 0in .0001pt;text-autospace:none;"><b><font size="2" face="Times New Roman" style="font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>
  </td>
  <td width="32%" valign="top" style="padding:0in .7pt 0in .7pt;width:32.0%;">
  <p align="center" style="margin:0in 0in .0001pt;text-align:center;text-autospace:none;"><b><font size="2" face="Times New Roman" style="font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>
  </td>
  <td width="2%" valign="bottom" style="padding:0in .7pt 0in .7pt;width:2.0%;">
  <p style="margin:0in 0in .0001pt;text-autospace:none;"><b><font size="2" face="Times New Roman" style="font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>
  </td>
  <td width="32%" valign="top" style="padding:0in .7pt 0in .7pt;width:32.0%;">
  <p align="center" style="margin:0in 0in .0001pt;text-align:center;text-autospace:none;"><b><font size="2" face="Times New Roman" style="font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>
  </td>
 </tr>
</table>

</div>

<p align="center" style="margin:0in 0in .0001pt;text-align:center;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p align="center" style="margin:0in 0in .0001pt;text-align:center;text-autospace:none;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">3349 Highway 138, Building D, Suite&nbsp;B</font></b></p>

<p align="center" style="margin:0in 0in .0001pt;text-align:center;text-autospace:none;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">Wall, NJ 07719</font></b></p>

<p align="center" style="margin:0in 0in .0001pt;text-align:center;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(Address of principal executive offices)</font></p>

<p align="center" style="margin:0in 0in .0001pt;text-align:center;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p align="center" style="margin:0in 0in .0001pt;text-align:center;text-autospace:none;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">(732)&nbsp;359-1100</font></b></p>

<p align="center" style="margin:0in 0in .0001pt;text-align:center;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(Registrant&#146;s telephone number, including area code)</font></p>

<p align="center" style="margin:0in 0in .0001pt;text-align:center;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Check the appropriate box
below if the Form&nbsp;8-K filing is intended to simultaneously satisfy the
filing obligation of the registrant under any of the following provisions (<i>see</i> General Instruction A.2 below):</font></p>

<p style="margin:0in 0in .0001pt .25in;text-indent:-.25in;"><font size="2" face="Wingdings" style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in 0in .0001pt .25in;text-indent:-.25in;"><font size="2" face="Wingdings" style="font-size:10.0pt;">o</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><font size="2" style="font-size:10.0pt;">Written
communications pursuant to Rule&nbsp;425 under the Securities Act (17 CFR
230.425)</font></p>

<p style="margin:0in 0in .0001pt .25in;text-indent:-.25in;"><font size="2" face="Wingdings" style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in 0in .0001pt .25in;text-indent:-.25in;"><font size="2" face="Wingdings" style="font-size:10.0pt;">o</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><font size="2" style="font-size:10.0pt;">Soliciting
material pursuant to Rule&nbsp;14a-12 under the Exchange Act (17 CFR
240.14a-12)</font></p>

<p style="margin:0in 0in .0001pt .25in;text-indent:-.25in;"><font size="2" face="Wingdings" style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in 0in .0001pt .25in;text-indent:-.25in;"><font size="2" face="Wingdings" style="font-size:10.0pt;">o</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><font size="2" style="font-size:10.0pt;">Pre-commencement
communications pursuant to Rule&nbsp;14d-2(b)&nbsp;under the Exchange Act (17
CFR 240.14d-2(b))</font></p>

<p style="margin:0in 0in .0001pt .25in;text-indent:-.25in;"><font size="2" face="Wingdings" style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in 0in .0001pt .25in;text-indent:-.25in;"><font size="2" face="Wingdings" style="font-size:10.0pt;">o</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><font size="2" style="font-size:10.0pt;">Pre-commencement
communications pursuant to Rule&nbsp;13e-4(c)&nbsp;under Exchange Act (17 CFR
240.13e-4(c))</font></p>

<div style="border:none;border-bottom:double windowtext 6.0pt;padding:0in 0in 0in 0in;">

<p align="center" style="border:none;margin:0in 0in .0001pt;padding:0in;text-align:center;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

</div>

<p align="center" style="margin:0in 0in .0001pt;text-align:center;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

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</div>
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<div style="font-family:Times New Roman;">

<p align="center" style="margin:0in 0in .0001pt;text-align:center;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in 0in .0001pt;text-autospace:none;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">Item 2.02.</font></b><b><font size="1" style="font-size:3.0pt;font-weight:bold;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font></b><b><font size="2" style="font-size:10.0pt;font-weight:bold;">Results
of Operations and Financial Condition.</font></b></p>

<p style="margin:0in 0in .0001pt;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">On
May&nbsp;15, 2008, BIO-key International,&nbsp;Inc. (the &#147;Company&#148;) issued a
press release announcing its financial results for its first quarter ended March&nbsp;31,
2008. &nbsp;A copy of such press release of the Registrant is attached as Exhibit&nbsp;99.1
to this Current Report on Form&nbsp;8-K and is incorporated herein by reference
in its entirety.</font></p>

<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in 0in .0001pt;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">The information, including the exhibit attached hereto, in this Current
Report on Form&nbsp;8-K shall not be deemed &#147;filed&#148; for purposes of Section&nbsp;18
of the Securities Exchange Act of 1934, as amended (the &#147;Exchange Act&#148;), or
otherwise subject to the liabilities of that Section, nor shall it be deemed
incorporated by reference in any filing under the Securities Act of 1933 or the
Exchange Act, except as otherwise expressly stated in such filing.</font></p>

<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in 0in .0001pt;text-autospace:none;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">Item 9.01.</font></b><b><font size="1" style="font-size:3.0pt;font-weight:bold;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font></b><b><font size="2" style="font-size:10.0pt;font-weight:bold;">Financial
Statements, Pro Forma Financial Information and Exhibits.</font></b></p>

<p style="margin:0in 0in .0001pt;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in 0in .0001pt;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(d)</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><font size="2" style="font-size:10.0pt;">Exhibits</font></p>

<p style="margin:0in 0in .0001pt;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in 0in .0001pt;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">99.1</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><font size="2" style="font-size:10.0pt;">Press Release, dated May&nbsp;15, 2008, issued by </font><font size="2" style="font-size:10.0pt;">the Company.</font></p>

<p align="center" style="margin:0in 0in .0001pt;text-align:center;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p align="center" style="margin:0in 0in .0001pt;text-align:center;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">2</font></p>

<div style="margin:0in 0in .0001pt;text-autospace:none;"><hr size="3" width="100%" noshade color="#010101" align="left"></div>

</div>
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<div>

<p align="center" style="margin:0in 0in .0001pt;text-align:center;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p align="center" style="margin:0in 0in .0001pt;text-align:center;text-autospace:none;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">SIGNATURES</font></b></p>

<p align="center" style="margin:0in 0in .0001pt;text-align:center;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in 0in .0001pt;text-autospace:none;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Pursuant to the requirements of the Securities
Exchange Act of 1934, the registrant has duly caused this report to be signed
on its behalf by the undersigned hereunto duly authorized.</font></p>

<p style="margin:0in 0in .0001pt;text-autospace:none;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in 0in .0001pt;text-autospace:none;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<table border="0" cellspacing="0" cellpadding="0" width="100%" style="border-collapse:collapse;width:100.0%;">
 <tr>
  <td width="49%" valign="top" style="padding:0in .7pt 0in .7pt;width:49.42%;">
  <p style="margin:0in 0in .0001pt;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="50%" colspan="2" valign="top" style="padding:0in .7pt 0in .7pt;width:50.58%;">
  <p style="margin:0in 0in .0001pt;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">BIO-KEY INTERNATIONAL,
  INC.</font></p>
  </td>
 </tr>
 <tr>
  <td width="53%" colspan="2" valign="top" style="padding:0in .7pt 0in .7pt;width:53.08%;">
  <p style="margin:0in 0in .0001pt;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Date:
  May&nbsp;15, 2008</font></p>
  </td>
  <td width="46%" valign="top" style="padding:0in .7pt 0in .7pt;width:46.92%;">
  <p style="margin:0in 0in .0001pt;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr>
  <td width="53%" colspan="2" valign="top" style="padding:0in .7pt 0in .7pt;width:53.08%;">
  <p style="margin:0in 0in .0001pt;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="46%" valign="top" style="padding:0in .7pt 0in .7pt;width:46.92%;">
  <p style="margin:0in 0in .0001pt;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr>
  <td width="49%" valign="top" style="padding:0in .7pt 0in .7pt;width:49.42%;">
  <p style="margin:0in 0in .0001pt;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="3%" valign="top" style="padding:0in .7pt 0in .7pt;width:3.66%;">
  <p style="margin:0in 0in .0001pt;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">By:</font></p>
  </td>
  <td width="46%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in .7pt 0in .7pt;width:46.92%;">
  <p style="margin:0in 0in .0001pt;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;/s/ Francis J. Cusick</font></p>
  </td>
 </tr>
 <tr>
  <td width="53%" colspan="2" valign="top" style="padding:0in .7pt 0in .7pt;width:53.08%;">
  <p style="margin:0in 0in .0001pt;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="46%" valign="top" style="padding:0in .7pt 0in .7pt;width:46.92%;">
  <p style="margin:0in 0in .0001pt;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Francis J. Cusick</font></p>
  </td>
 </tr>
 <tr>
  <td width="53%" colspan="2" valign="top" style="padding:0in .7pt 0in .7pt;width:53.08%;">
  <p style="margin:0in 0in .0001pt;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="46%" valign="top" style="padding:0in .7pt 0in .7pt;width:46.92%;">
  <p style="margin:0in 0in .0001pt;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Chief Financial Officer</font></p>
  </td>
 </tr>
</table>

<p align="center" style="margin:0in 0in .0001pt;text-align:center;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p align="center" style="margin:0in 0in .0001pt;text-align:center;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">3</font></p>

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<p align="center" style="margin:0in 0in .0001pt;text-align:center;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p style="color:black;margin:0in 0in .0001pt;text-align:center;"><b><font size="2" color="black" face="Times New Roman" style="color:windowtext;font-size:10.0pt;font-weight:bold;">EXHIBIT INDEX</font></b></p><p style="color:black;margin:0in 0in .0001pt;text-align:center;"><font size="2" color="black" face="Times New Roman" style="color:windowtext;font-size:10.0pt;">&nbsp;</font></p>

<table border="0" cellspacing="0" cellpadding="0" width="100%" style="border-collapse:collapse;width:100.0%;">
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  <td width="9%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in .7pt 0in .7pt;width:9.1%;"><p style="color:black;margin:0in 0in .0001pt;"><b><font size="1" color="black" face="Times New Roman" style="color:windowtext;font-size:8.0pt;font-weight:bold;">Exhibit&nbsp;No.</font></b></p></td>
  <td width="2%" valign="bottom" style="padding:0in .7pt 0in .7pt;width:2.84%;"><p style="color:black;margin:0in 0in .0001pt;text-align:center;"><b><font size="1" color="black" face="Times New Roman" style="color:windowtext;font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p></td>
  <td width="88%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in .7pt 0in .7pt;width:88.06%;"><p style="color:black;margin:0in 0in .0001pt;text-align:center;"><b><font size="1" color="black" face="Times New Roman" style="color:windowtext;font-size:8.0pt;font-weight:bold;">Description</font></b></p></td>
 </tr>
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  <td width="9%" valign="top" style="border:none;padding:0in .7pt 0in .7pt;width:9.1%;"><p style="color:black;margin:0in 0in .0001pt;"><font size="2" color="black" face="Times New Roman" style="color:windowtext;font-size:10.0pt;">&nbsp;</font></p></td>
  <td width="2%" valign="bottom" style="padding:0in .7pt 0in .7pt;width:2.84%;"><p style="color:black;margin:0in 0in .0001pt;"><font size="2" color="black" face="Times New Roman" style="color:windowtext;font-size:10.0pt;">&nbsp;</font></p></td>
  <td width="88%" valign="top" style="border:none;padding:0in .7pt 0in .7pt;width:88.06%;"><p style="color:black;margin:0in 0in .0001pt;"><font size="2" color="black" face="Times New Roman" style="color:windowtext;font-size:10.0pt;">&nbsp;</font></p></td>
 </tr>
 <tr>
  <td width="9%" valign="top" style="padding:0in .7pt 0in .7pt;width:9.1%;">
  <p style="margin:0in 0in .0001pt;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">99.1</font></p>
  </td>
  <td width="2%" valign="bottom" style="padding:0in .7pt 0in .7pt;width:2.84%;">
  <p style="margin:0in 0in .0001pt;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="88%" valign="top" style="padding:0in .7pt 0in .7pt;width:88.06%;">
  <p style="margin:0in 0in .0001pt;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Press Release, dated </font><font size="2" style="font-size:10.0pt;">May&nbsp;15,
  2008, issued by </font><font size="2" style="font-size:10.0pt;">the Company.</font></p>
  </td>
 </tr>
</table>

<p align="center" style="margin:0in 0in .0001pt;text-align:center;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p align="center" style="margin:0in 0in .0001pt;text-align:center;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">4</font></p>

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<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">Exhibit 99.1</font></b></p>

<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<table border="0" cellspacing="0" cellpadding="0" width="86%" style="border-collapse:collapse;margin-left:.5in;width:86.66%;">
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  <td width="39%" rowspan="10" valign="top" style="padding:0in 0in 0in 0in;width:39.56%;">
  <p style="margin:0in -31.5pt .0001pt 0in;"><font size="2" face="Times New Roman"><img width="192" height="137" src="g145071mmi001.jpg"></font></p>
  </td>
  <td width="4%" valign="bottom" style="padding:0in 0in 0in 0in;width:4.14%;">
  <p style="margin:0in -31.5pt .0001pt 0in;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="13%" valign="top" style="padding:0in 0in 0in 0in;width:13.5%;">
  <p align="center" style="margin:0in -31.5pt .0001pt 0in;text-align:center;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="42%" colspan="3" valign="top" style="padding:0in 0in 0in 0in;width:42.8%;">
  <p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><i><font size="2" face="Times New Roman" style="font-size:10.0pt;font-style:italic;font-weight:bold;">NEWS RELEASE</font></i></b></p>
  </td>
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  <td width="4%" valign="bottom" style="padding:0in 0in 0in 0in;width:4.14%;">
  <p style="margin:0in -31.5pt .0001pt 0in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="21%" colspan="2" valign="top" style="padding:0in 0in 0in 0in;width:21.5%;">
  <p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="3%" valign="bottom" style="padding:0in 0in 0in 0in;width:3.82%;">
  <p style="margin:0in -31.5pt .0001pt 0in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="30%" valign="top" style="padding:0in 0in 0in 0in;width:30.98%;">
  <p style="margin:0in -31.5pt .0001pt 0in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
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  <td width="4%" valign="bottom" style="padding:0in 0in 0in 0in;width:4.14%;">
  <p style="margin:0in -31.5pt .0001pt 0in;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="21%" colspan="2" valign="top" style="padding:0in 0in 0in 0in;width:21.5%;">
  <p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Company Contact:</font></p>
  </td>
  <td width="3%" valign="bottom" style="padding:0in 0in 0in 0in;width:3.82%;">
  <p style="margin:0in -31.5pt .0001pt 0in;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="30%" valign="top" style="padding:0in 0in 0in 0in;width:30.98%;">
  <p style="margin:0in -31.5pt .0001pt 0in;"><u><font size="2" face="Times New Roman" style="font-size:10.0pt;">BIO-key
  International,&nbsp;Inc.</font></u></p>
  </td>
 </tr>
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  <td width="4%" valign="bottom" style="padding:0in 0in 0in 0in;width:4.14%;">
  <p style="margin:0in -31.5pt .0001pt 0in;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="21%" colspan="2" valign="top" style="padding:0in 0in 0in 0in;width:21.5%;">
  <p align="right" style="margin:0in -31.5pt .0001pt 0in;text-align:right;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="3%" valign="bottom" style="padding:0in 0in 0in 0in;width:3.82%;">
  <p style="margin:0in -31.5pt .0001pt 0in;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="30%" valign="top" style="padding:0in 0in 0in 0in;width:30.98%;">
  <p style="margin:0in -31.5pt .0001pt 0in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Bud
  Yanak</font></p>
  </td>
 </tr>
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  <td width="4%" valign="bottom" style="padding:0in 0in 0in 0in;width:4.14%;">
  <p style="margin:0in -31.5pt .0001pt 0in;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="21%" colspan="2" valign="top" style="padding:0in 0in 0in 0in;width:21.5%;">
  <p align="right" style="margin:0in -31.5pt .0001pt 0in;text-align:right;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="3%" valign="bottom" style="padding:0in 0in 0in 0in;width:3.82%;">
  <p style="margin:0in -31.5pt .0001pt 0in;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="30%" valign="top" style="padding:0in 0in 0in 0in;width:30.98%;">
  <p style="margin:0in -31.5pt .0001pt 0in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">732-359-1113</font></p>
  </td>
 </tr>
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  <td width="4%" valign="bottom" style="padding:0in 0in 0in 0in;width:4.14%;">
  <p style="margin:0in -31.5pt .0001pt 0in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="21%" colspan="2" valign="top" style="padding:0in 0in 0in 0in;width:21.5%;">
  <p align="right" style="margin:0in -31.5pt .0001pt 0in;text-align:right;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="3%" valign="bottom" style="padding:0in 0in 0in 0in;width:3.82%;">
  <p style="margin:0in -31.5pt .0001pt 0in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="30%" valign="top" style="padding:0in 0in 0in 0in;width:30.98%;">
  <p style="margin:0in -31.5pt .0001pt 0in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
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  <td width="4%" valign="bottom" style="padding:0in 0in 0in 0in;width:4.14%;">
  <p style="margin:0in -31.5pt .0001pt 0in;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="21%" colspan="2" valign="top" style="padding:0in 0in 0in 0in;width:21.5%;">
  <p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Investor Contact:</font></p>
  </td>
  <td width="3%" valign="bottom" style="padding:0in 0in 0in 0in;width:3.82%;">
  <p style="margin:0in -31.5pt .0001pt 0in;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="30%" valign="top" style="padding:0in 0in 0in 0in;width:30.98%;">
  <p style="margin:0in -31.5pt .0001pt 0in;"><u><font size="2" face="Times New Roman" style="font-size:10.0pt;">DRG&amp;E</font></u></p>
  </td>
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  <p style="margin:0in -31.5pt .0001pt 0in;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="21%" colspan="2" valign="top" style="padding:0in 0in 0in 0in;width:21.5%;">
  <p style="margin:0in -31.5pt .0001pt 0in;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="3%" valign="bottom" style="padding:0in 0in 0in 0in;width:3.82%;">
  <p style="margin:0in -31.5pt .0001pt 0in;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="30%" valign="top" style="padding:0in 0in 0in 0in;width:30.98%;">
  <p style="margin:0in -31.5pt .0001pt 0in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Gus Okwu, Managing Director</font></p>
  </td>
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  <p style="margin:0in -31.5pt .0001pt 0in;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="21%" colspan="2" valign="top" style="padding:0in 0in 0in 0in;width:21.5%;">
  <p style="margin:0in -31.5pt .0001pt 0in;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="3%" valign="bottom" style="padding:0in 0in 0in 0in;width:3.82%;">
  <p style="margin:0in -31.5pt .0001pt 0in;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="30%" valign="top" style="padding:0in 0in 0in 0in;width:30.98%;">
  <p style="margin:0in -31.5pt .0001pt 0in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">404-532-0086</font></p>
  </td>
 </tr>
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  <p style="margin:0in -31.5pt .0001pt 0in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="21%" colspan="2" valign="top" style="padding:0in 0in 0in 0in;width:21.5%;">
  <p style="margin:0in -31.5pt .0001pt 0in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="3%" valign="bottom" style="padding:0in 0in 0in 0in;width:3.82%;">
  <p style="margin:0in -31.5pt .0001pt 0in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="30%" valign="top" style="padding:0in 0in 0in 0in;width:30.98%;">
  <p style="margin:0in -31.5pt .0001pt 0in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
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  <td width="256" style="border:none;"></td>
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<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">BIO-key&#174; Reports First Quarter 2008 Results</font></b></p>

<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><i><font size="2" face="Times New Roman" style="font-size:10.0pt;font-style:italic;font-weight:bold;">Continued growth in biometrics business in
first quarter</font></i></b></p>

<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in 0in .0001pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">Wall, NJ, May&nbsp;15, 2008</font></b><font size="2" style="font-size:10.0pt;"> &#150;
BIO-key International,&nbsp;Inc. (OTC Bulletin Board: BKYI), a leader in
wireless public safety and finger-based biometric identification solutions,
today announced its financial results for the first quarter ended March&nbsp;31,
2008.</font></p>

<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in 0in .0001pt;"><u><font size="2" face="Times New Roman" style="font-size:10.0pt;">2008 First Quarter Consolidated Results</font></u></p>

<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Total revenue from continuing operations for the
three months ended March&nbsp;31, 2008 was $2.5 million representing a decrease
of 3.8% from the $2.6 million reported for the quarter ended December&nbsp;31,
2007.</font></p>

<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">BIO-key&#146;s gross margin for the first quarter of 2008
was 82.6% compared to 85.6 % for the previous quarter.&#160; Operating expenses from continuing operations
for the first quarter of 2008 remained flat at $3.0 million compared to the
quarter ended December&nbsp;31, 2007.&#160;
BIO-key&#146;s operating loss from continuing operations for the first
quarter of 2008 increased by $0.3 million to ($0.9 million) from ($0.6million)
reported in the previous quarter.</font></p>

<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&#147;Our quarterly results continue to reflect growing
demand in our biometrics business which we began to see several quarters ago,&#148;
said Michael DePasquale, BIO-key&#146;s Chief Executive Officer.&#160; &#147;During the first quarter of 2008, the
Company recognized revenue on several large commercial biometric orders, as
well as from an international voter registration order.&#160; We believe these orders indicate an
inflection point in the growth of our biometrics business in the coming
quarters of this year.&#160;&#160; We are also very
excited about the prospects for our recently deployed initiative with wireless
carriers on handheld devices tailored for public safety use.&#160; This </font></p>

<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

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<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">business opportunity enables us to leverage our
broad installed base in public safety to drive sales.&#148;</font></p>

<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">DePasquale concluded, &#147;We are seeing unprecedented
industry- wide interest in biometrics and wireless applications.&#160; I believe the market is finally catching up
to our value proposition of biometrically secure identification.&#160; We believe we are well positioned for
profitability.&#148;</font></p>

<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">BIO-key&#146;s net loss was ($0.9 million) for the first
quarter ended March&nbsp;31, 2008 compared to a net loss of ($0.6 million) for
the fourth quarter of 2007.&#160; The first
quarter 2008 net loss per share was ($0.02) compared to a net loss per share of
($0.02) for the previous quarter.</font></p>

<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in 0in .0001pt;"><u><font size="2" face="Times New Roman" style="font-size:10.0pt;">Liquidity
and Capital Resources</font></u></p>

<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Consolidated cash and cash equivalents at March&nbsp;31,
2008 was $0.6 million.&#160; In addition, the
Company held approximately $0.2 million in restricted cash at the conclusion of
the first quarter of 2008.</font></p>

<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in 0in .0001pt;"><u><font size="2" face="Times New Roman" style="font-size:10.0pt;">Conference Call Details</font></u></p>

<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">BIO-key</font><font size="2" style="font-size:11.0pt;">  </font><font size="2" style="font-size:10.0pt;">has</font><font size="2" style="font-size:11.0pt;">  </font><font size="2" style="font-size:10.0pt;">scheduled</font><font size="2" style="font-size:11.0pt;">  </font><font size="2" style="font-size:10.0pt;">a</font><font size="2" style="font-size:11.0pt;">  </font><font size="2" style="font-size:10.0pt;">call</font><font size="2" style="font-size:11.0pt;">  </font><font size="2" style="font-size:10.0pt;">for</font><font size="2" style="font-size:11.0pt;">  </font><font size="2" style="font-size:10.0pt;">Thursday,</font><font size="2" style="font-size:11.0pt;">  </font><font size="2" style="font-size:10.0pt;">May</font><font size="2" style="font-size:11.0pt;">  </font><font size="2" style="font-size:10.0pt;">15<sup>th</sup></font><font size="2" style="font-size:11.0pt;">  </font><font size="2" style="font-si
ze:10.0pt;">at</font><font size="2" style="font-size:11.0pt;">  </font><font size="2" style="font-size:10.0pt;">9:00</font><font size="2" style="font-size:11.0pt;">  </font><font size="2" style="font-size:10.0pt;">a.m.</font><font size="2" style="font-size:11.0pt;">  </font><font size="2" style="font-size:10.0pt;">Eastern</font><font size="2" style="font-size:11.0pt;">  </font><font size="2" style="font-size:10.0pt;">Time</font><font size="2" style="font-size:11.0pt;">  </font><font size="2" style="font-size:10.0pt;">to</font><font size="2" style="font-size:11.0pt;">  </font><font size="2" style="font-size:10.0pt;">discuss</font><font size="2" style="font-size:11.0pt;">  </font><font size="2" style="font-size:10.0pt;">2008</font><font size="2" style="font-size:11.0pt;">  </font><font size="2" style="font-size:10.0pt;">first</font><font size="2" style="font-size:11.0pt;">  </font><font size="2" style="font-size:10.0pt;">quarter</font><font size="2" style="font-size:11.0pt;">  </font><font size="2" style="font
- -size:10.0pt;">financial</font><font size="2" style="font-size:11.0pt;">  </font><font size="2" style="font-size:10.0pt;">results.</font><font size="2" style="font-size:11.0pt;">&#160; </font><font size="2" style="font-size:10.0pt;">Dialing</font><font size="2" style="font-size:11.0pt;">  </font><font size="2" style="font-size:10.0pt;">303-205-0033</font><font size="2" style="font-size:11.0pt;">  </font><font size="2" style="font-size:10.0pt;">and</font><font size="2" style="font-size:11.0pt;">  </font><font size="2" style="font-size:10.0pt;">asking</font><font size="2" style="font-size:11.0pt;">  </font><font size="2" style="font-size:10.0pt;">for</font><font size="2" style="font-size:11.0pt;">  </font><font size="2" style="font-size:10.0pt;">the</font><font size="2" style="font-size:11.0pt;">  </font><font size="2" style="font-size:10.0pt;">BIO-key</font><font size="2" style="font-size:11.0pt;">  </font><font size="2" style="font-size:10.0pt;">call</font><font size="2" style="font-size:11.0pt;">  </font><f
ont size="2" style="font-size:10.0pt;">at</font><font size="2" style="font-size:11.0pt;">  </font><font size="2" style="font-size:10.0pt;">least</font><font size="2" style="font-size:11.0pt;">  </font><font size="2" style="font-size:10.0pt;">10</font><font size="2" style="font-size:11.0pt;">  </font><font size="2" style="font-size:10.0pt;">minutes</font><font size="2" style="font-size:11.0pt;">  </font><font size="2" style="font-size:10.0pt;">prior</font><font size="2" style="font-size:11.0pt;">  </font><font size="2" style="font-size:10.0pt;">to</font><font size="2" style="font-size:11.0pt;">  </font><font size="2" style="font-size:10.0pt;">the</font><font size="2" style="font-size:11.0pt;">  </font><font size="2" style="font-size:10.0pt;">start</font><font size="2" style="font-size:11.0pt;">  </font><font size="2" style="font-size:10.0pt;">time</font><font size="2" style="font-size:11.0pt;">  </font><font size="2" style="font-size:10.0pt;">can</font><font size="2" style="font-size:11.0pt;">  </font><font s
ize="2" style="font-size:10.0pt;">access</font><font size="2" style="font-size:11.0pt;">  </font><font size="2" style="font-size:10.0pt;">the</font><font size="2" style="font-size:11.0pt;">  </font><font size="2" style="font-size:10.0pt;">conference</font><font size="2" style="font-size:11.0pt;">  </font><font size="2" style="font-size:10.0pt;">call</font><font size="2" style="font-size:11.0pt;">  </font><font size="2" style="font-size:10.0pt;">live.</font><font size="2" style="font-size:11.0pt;">&#160; </font><font size="2" style="font-size:10.0pt;">The</font><font size="2" style="font-size:11.0pt;">  </font><font size="2" style="font-size:10.0pt;">conference</font><font size="2" style="font-size:11.0pt;">  </font><font size="2" style="font-size:10.0pt;">call</font><font size="2" style="font-size:11.0pt;">  </font><font size="2" style="font-size:10.0pt;">will</font><font size="2" style="font-size:11.0pt;">  </font><font size="2" style="font-size:10.0pt;">also</font><font size="2" style="font-size:11.0pt;"> 
 </font><font size="2" style="font-size:10.0pt;">be</font><font size="2" style="font-size:11.0pt;">  </font><font size="2" style="font-size:10.0pt;">broadcast</font><font size="2" style="font-size:11.0pt;">  </font><font size="2" style="font-size:10.0pt;">live</font><font size="2" style="font-size:11.0pt;">  </font><font size="2" style="font-size:10.0pt;">over</font><font size="2" style="font-size:11.0pt;">  </font><font size="2" style="font-size:10.0pt;">the</font><font size="2" style="font-size:11.0pt;">  </font><font size="2" style="font-size:10.0pt;">Internet</font><font size="2" style="font-size:11.0pt;">  </font><font size="2" style="font-size:10.0pt;">by</font><font size="2" style="font-size:11.0pt;">  </font><font size="2" style="font-size:10.0pt;">logging</font><font size="2" style="font-size:11.0pt;">  </font><font size="2" style="font-size:10.0pt;">onto</font><font size="2" style="font-size:11.0pt;">  </font><font size="2" style="font-size:10.0pt;">www.bio-key.com.</font><font size="2" style="font
- -size:11.0pt;">&#160; </font><font size="2" style="font-size:10.0pt;">A</font><font size="2" style="font-size:11.0pt;">  </font><font size="2" style="font-size:10.0pt;">telephonic</font><font size="2" style="font-size:11.0pt;">  </font><font size="2" style="font-size:10.0pt;">replay</font><font size="2" style="font-size:11.0pt;">  </font><font size="2" style="font-size:10.0pt;">of</font><font size="2" style="font-size:11.0pt;">  </font><font size="2" style="font-size:10.0pt;">the</font><font size="2" style="font-size:11.0pt;">  </font><font size="2" style="font-size:10.0pt;">conference</font><font size="2" style="font-size:11.0pt;">  </font><font size="2" style="font-size:10.0pt;">call</font><font size="2" style="font-size:11.0pt;">  </font><font size="2" style="font-size:10.0pt;">will</font><font size="2" style="font-size:11.0pt;">  </font><font size="2" style="font-size:10.0pt;">be</font><font size="2" style="font-size:11.0pt;">  </font><font size="2" style="font-size:10.0pt;">available</font><font size="2
" style="font-size:11.0pt;">  </font><font size="2" style="font-size:10.0pt;">through</font><font size="2" style="font-size:11.0pt;">  </font><font size="2" style="font-size:10.0pt;">May</font><font size="2" style="font-size:11.0pt;">  </font><font size="2" style="font-size:10.0pt;">22,</font><font size="2" style="font-size:11.0pt;">  </font><font size="2" style="font-size:10.0pt;">2008</font><font size="2" style="font-size:11.0pt;">  </font><font size="2" style="font-size:10.0pt;">and</font><font size="2" style="font-size:11.0pt;">  </font><font size="2" style="font-size:10.0pt;">may</font><font size="2" style="font-size:11.0pt;">  </font><font size="2" style="font-size:10.0pt;">be</font><font size="2" style="font-size:11.0pt;">  </font><font size="2" style="font-size:10.0pt;">accessed</font><font size="2" style="font-size:11.0pt;">  </font><font size="2" style="font-size:10.0pt;">by</font><font size="2" style="font-size:11.0pt;">  </font><font size="2" style="font-size:10.0pt;">dialing</font><font size="2"
 style="font-size:11.0pt;">  </font><font size="2" style="font-size:10.0pt;">303-590-3000</font><font size="2" style="font-size:11.0pt;">  </font><font size="2" style="font-size:10.0pt;">and</font><font size="2" style="font-size:11.0pt;">  </font><font size="2" style="font-size:10.0pt;">using</font><font size="2" style="font-size:11.0pt;">  </font><font size="2" style="font-size:10.0pt;">the</font><font size="2" style="font-size:11.0pt;">  </font><font size="2" style="font-size:10.0pt;">pass</font><font size="2" style="font-size:11.0pt;">  </font><font size="2" style="font-size:10.0pt;">code</font><font size="2" style="font-size:11.0pt;">  </font><font size="2" style="font-size:10.0pt;">11114279#.</font><font size="2" style="font-size:11.0pt;">&#160; </font><font size="2" style="font-size:10.0pt;">Additionally,</font><font size="2" style="font-size:11.0pt;">  </font><font size="2" style="font-size:10.0pt;">an</font><font size="2" style="font-size:11.0pt;">  </font><font size="2" style="font-size:10.0pt;">arc
hive</font><font size="2" style="font-size:11.0pt;">  </font><font size="2" style="font-size:10.0pt;">of</font><font size="2" style="font-size:11.0pt;">  </font><font size="2" style="font-size:10.0pt;">the</font><font size="2" style="font-size:11.0pt;">  </font><font size="2" style="font-size:10.0pt;">webcast</font><font size="2" style="font-size:11.0pt;">  </font><font size="2" style="font-size:10.0pt;">will</font><font size="2" style="font-size:11.0pt;">  </font><font size="2" style="font-size:10.0pt;">be</font><font size="2" style="font-size:11.0pt;">  </font><font size="2" style="font-size:10.0pt;">available</font><font size="2" style="font-size:11.0pt;">  </font><font size="2" style="font-size:10.0pt;">shortly</font><font size="2" style="font-size:11.0pt;">  </font><font size="2" style="font-size:10.0pt;">after</font><font size="2" style="font-size:11.0pt;">  </font><font size="2" style="font-size:10.0pt;">completion</font><font size="2" style="font-size:11.0pt;">  </font><font size="2" style="font-size
:10.0pt;">of</font><font size="2" style="font-size:11.0pt;">  </font><font size="2" style="font-size:10.0pt;">the</font><font size="2" style="font-size:11.0pt;">  </font><font size="2" style="font-size:10.0pt;">call</font><font size="2" style="font-size:11.0pt;">  </font><font size="2" style="font-size:10.0pt;">on</font><font size="2" style="font-size:11.0pt;">  </font><font size="2" style="font-size:10.0pt;">the</font><font size="2" style="font-size:11.0pt;">  </font><font size="2" style="font-size:10.0pt;">Company&#146;s</font><font size="2" style="font-size:11.0pt;">  </font><font size="2" style="font-size:10.0pt;">website</font><font size="2" style="font-size:11.0pt;">  <br>
</font><font size="2" style="font-size:10.0pt;">(www.bio-key.com)</font><font size="2" style="font-size:11.0pt;">  </font><font size="2" style="font-size:10.0pt;">for</font><font size="2" style="font-size:11.0pt;">  </font><font size="2" style="font-size:10.0pt;">a</font><font size="2" style="font-size:11.0pt;">  </font><font size="2" style="font-size:10.0pt;">period</font><font size="2" style="font-size:11.0pt;">  </font><font size="2" style="font-size:10.0pt;">of</font><font size="2" style="font-size:11.0pt;">  </font><font size="2" style="font-size:10.0pt;">three</font><font size="2" style="font-size:11.0pt;">  </font><font size="2" style="font-size:10.0pt;">months.</font></p>

<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in 0in .0001pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">About BIO-key</font></b></p>

<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">BIO-key International,&nbsp;Inc., headquartered in
Wall, New Jersey, develops and delivers advanced identification solutions and
information services to law enforcement departments, public safety agencies,
government and private sector customers.&#160;
BIO-key&#146;s mobile wireless technology provides first responders with
critical, reliable, real-time data and images from local, state and national
databases.&#160; BIO-key&#146;s high performance,
scalable, cost-effective and easy-to-deploy biometric finger identification
technology accurately identifies and authenticates users of </font></p>

<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

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<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">wireless and enterprise data to improve security,
convenience and privacy and to reduce identity theft.&#160; Over 750 police departments in North America
use BIO-key solutions, making BIO-key the leading supplier of mobile and wireless
solutions for law enforcement.&#160;
(http://www.bio-key.com)</font></p>

<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">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 these statements.&nbsp; The words &#147;estimate,&#148; &#147;project,&#148;
&#147;intends,&#148; &#147;expects,&#148; &#147;believes&#148; and similar expressions are intended to
identify forward-looking statements.&nbsp; Such forward-looking statements are
made based on management&#146;s beliefs, as well as assumptions made by, and
information currently available to, management pursuant to the &#147;safe-harbor&#148;
provisions of the Private Securities Litigation Reform Act of 1995.&nbsp; For a
more complete description of these and other risk factors that may affect the
future performance of BIO-key International, see &#147;Risk Factors&#148; in the Company&#146;s
Annual Report on Form&nbsp;10-KSB and its other filings with the Securities and
Exchange Commission.&nbsp; Readers are cautioned not to place undue reliance on
these forward-looking statements, which speak only as of the date made.&nbsp;
The Company also 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.</font></p>

<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;"># # #</font></p>

<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

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end
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
-----END PRIVACY-ENHANCED MESSAGE-----
