<SEC-DOCUMENT>0001437749-13-002282.txt : 20130304
<SEC-HEADER>0001437749-13-002282.hdr.sgml : 20130304
<ACCEPTANCE-DATETIME>20130304164237
ACCESSION NUMBER:		0001437749-13-002282
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		3
CONFORMED PERIOD OF REPORT:	20130226
ITEM INFORMATION:		Entry into a Material Definitive Agreement
ITEM INFORMATION:		Unregistered Sales of Equity Securities
ITEM INFORMATION:		Financial Statements and Exhibits
FILED AS OF DATE:		20130304
DATE AS OF CHANGE:		20130304

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:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-13463
		FILM NUMBER:		13662216

	BUSINESS ADDRESS:	
		STREET 1:		3349 HIGHWAY 138
		STREET 2:		BUIDING D, SUITE B
		CITY:			WALL
		STATE:			NJ
		ZIP:			07719
		BUSINESS PHONE:		6516870414

	MAIL ADDRESS:	
		STREET 1:		3349 HIGHWAY 138
		STREET 2:		BUIDING D, SUITE B
		CITY:			WALL
		STATE:			NJ
		ZIP:			07719

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	SAC TECHNOLOGIES INC
		DATE OF NAME CHANGE:	19961115
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>bkyi20130301_8k.htm
<DESCRIPTION>FORM 8-K
<TEXT>
<HTML><HEAD><TITLE>bkyi20130301_8k.htm</TITLE>
<!-- Created by RDG HTML Converter -->
</HEAD>
<BODY style="FONT-FAMILY: Times New Roman; MARGIN-LEFT: 10px; FONT-SIZE: 10pt; MARGIN-RIGHT: 10px">
<P style="TEXT-ALIGN: center; LINE-HEIGHT: 1.25; MARGIN: 0pt" id=PARA1><FONT style="FONT-FAMILY: Times New Roman, Times, serif; FONT-SIZE: 12pt"><B></B></FONT><FONT style="FONT-FAMILY: Times New Roman, Times, serif; FONT-SIZE: 12pt"><B>UNITED STATES</B></FONT></P>
<P style="TEXT-ALIGN: center; LINE-HEIGHT: 1.25; MARGIN: 0pt" id=PARA3><FONT style="FONT-FAMILY: Times New Roman, Times, serif; FONT-SIZE: 12pt"><B>SECURITIES AND EXCHANGE COMMISSION</B></FONT></P>
<P style="TEXT-ALIGN: center; LINE-HEIGHT: 1.25; MARGIN: 0pt" id=PARA4><FONT style="FONT-FAMILY: Times New Roman, Times, serif; FONT-SIZE: 12pt">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: center; LINE-HEIGHT: 1.25; MARGIN: 0pt" id=PARA5><FONT style="FONT-FAMILY: Times New Roman, Times, serif; FONT-SIZE: 12pt">Washington, D.C. 20549</FONT></P>
<P style="TEXT-ALIGN: center; LINE-HEIGHT: 1.25; MARGIN: 0pt" id=PARA6><FONT style="FONT-FAMILY: Times New Roman, Times, serif; FONT-SIZE: 12pt">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: center; LINE-HEIGHT: 1.25; MARGIN: 0pt" id=PARA7><FONT style="FONT-FAMILY: Times New Roman, Times, serif; FONT-SIZE: 12pt"><B>FORM 8-K</B></FONT></P>
<P style="TEXT-ALIGN: center; LINE-HEIGHT: 1.25; MARGIN: 0pt" id=PARA8><FONT style="FONT-FAMILY: Times New Roman, Times, serif; FONT-SIZE: 12pt">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: center; LINE-HEIGHT: 1.25; MARGIN: 0pt" id=PARA9><FONT style="FONT-FAMILY: Times New Roman, Times, serif; FONT-SIZE: 12pt"><B>CURRENT REPORT</B></FONT></P>
<P style="TEXT-ALIGN: center; LINE-HEIGHT: 1.25; MARGIN: 0pt" id=PARA10><FONT style="FONT-FAMILY: Times New Roman, Times, serif; FONT-SIZE: 10pt">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: center; LINE-HEIGHT: 1.25; MARGIN: 0pt" id=PARA11><FONT style="FONT-FAMILY: Times New Roman, Times, serif; FONT-SIZE: 10pt">Pursuant to Section&nbsp;13 or 15(d) of the Securities Exchange Act of 1934</FONT></P>
<P style="TEXT-ALIGN: center; LINE-HEIGHT: 1.25; MARGIN: 0pt" id=PARA12><FONT style="FONT-FAMILY: Times New Roman, Times, serif; FONT-SIZE: 10pt">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: center; LINE-HEIGHT: 1.25; MARGIN: 0pt" id=PARA13><FONT style="FONT-FAMILY: Times New Roman, Times, serif; FONT-SIZE: 10pt">Date of Report (Date of earliest event reported): February 26, 2013</FONT></P>
<P style="TEXT-ALIGN: center; LINE-HEIGHT: 1.25; MARGIN: 0pt" id=PARA14><FONT style="FONT-FAMILY: Times New Roman, Times, serif; FONT-SIZE: 10pt">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: center; LINE-HEIGHT: 1.25; MARGIN: 0pt" id=PARA15><FONT style="FONT-FAMILY: Times New Roman, Times, serif; FONT-SIZE: 10pt">&nbsp;</FONT></P>
<TABLE style="WIDTH: 100%; FONT-FAMILY: Times New Roman, Times, serif; FONT-SIZE: 10pt" id=TBL38  border=0 cellSpacing=0 cellPadding=0>

<TR>
<TD style="WIDTH: 101.1%; VERTICAL-ALIGN: top" colSpan=3>
<P style="TEXT-ALIGN: center; LINE-HEIGHT: 1.25; MARGIN: 0pt" id=PARA16><FONT style="FONT-FAMILY: Times New Roman, Times, serif; FONT-SIZE: 10pt"><B>&nbsp;</B></FONT></P>
<P style="TEXT-ALIGN: center; LINE-HEIGHT: 1.25; MARGIN: 0pt" id=PARA17><FONT style="FONT-FAMILY: Times New Roman, Times, serif; FONT-SIZE: 10pt"><B>&nbsp;</B></FONT></P>
<P style="TEXT-ALIGN: center; LINE-HEIGHT: 1.25; MARGIN: 0pt" id=PARA18><FONT style="FONT-FAMILY: Times New Roman, Times, serif; FONT-SIZE: 18pt"><B>BIO-key International, Inc.</B></FONT></P>
<P style="TEXT-ALIGN: center; LINE-HEIGHT: 1.25; MARGIN: 0pt" id=PARA19><FONT style="FONT-FAMILY: Times New Roman, Times, serif; FONT-SIZE: 10pt">(Exact name of registrant as specified in its charter)</FONT></P>
<P style="TEXT-ALIGN: center; LINE-HEIGHT: 1.25; MARGIN: 0pt">&nbsp;</P>
<P style="TEXT-ALIGN: center; LINE-HEIGHT: 1.25; MARGIN: 0pt">&nbsp;</P></TD></TR>
<TR>
<TD style="WIDTH: 33.7%; VERTICAL-ALIGN: top">
<P style="TEXT-ALIGN: center; LINE-HEIGHT: 1.25; MARGIN: 0pt" id=PARA20><FONT style="FONT-FAMILY: Times New Roman, Times, serif; FONT-SIZE: 10pt"><B>Delaware</B></FONT></P>
<P style="TEXT-ALIGN: center; LINE-HEIGHT: 1.25; MARGIN: 0pt" id=PARA21><FONT style="FONT-FAMILY: Times New Roman, Times, serif; FONT-SIZE: 10pt">(State or other jurisdiction of incorporation)</FONT></P></TD>
<TD style="WIDTH: 33.7%; VERTICAL-ALIGN: top">
<P style="TEXT-ALIGN: center; LINE-HEIGHT: 1.25; MARGIN: 0pt" id=PARA22><FONT style="FONT-FAMILY: Times New Roman, Times, serif; FONT-SIZE: 10pt"><B>1-13463</B></FONT></P>
<P style="TEXT-ALIGN: center; LINE-HEIGHT: 1.25; MARGIN: 0pt" id=PARA23><FONT style="FONT-FAMILY: Times New Roman, Times, serif; FONT-SIZE: 10pt">(Commission File Number)</FONT></P></TD>
<TD style="WIDTH: 33.7%; VERTICAL-ALIGN: top">
<P style="TEXT-ALIGN: center; LINE-HEIGHT: 1.25; MARGIN: 0pt" id=PARA24><FONT style="FONT-FAMILY: Times New Roman, Times, serif; FONT-SIZE: 10pt"><B>41-1741861</B></FONT></P>
<P style="TEXT-ALIGN: center; LINE-HEIGHT: 1.25; MARGIN: 0pt" id=PARA25><FONT style="FONT-FAMILY: Times New Roman, Times, serif; FONT-SIZE: 10pt">(I.R.S. Employer Identification No.)</FONT></P></TD></TR>
<TR>
<TD style="WIDTH: 101.1%; VERTICAL-ALIGN: top" colSpan=3>
<P style="TEXT-ALIGN: center; LINE-HEIGHT: 1.25; MARGIN: 0pt" id=PARA26><FONT style="FONT-FAMILY: Times New Roman, Times, serif; FONT-SIZE: 10pt"><B>&nbsp;</B></FONT></P>
<P style="TEXT-ALIGN: center; LINE-HEIGHT: 1.25; MARGIN: 0pt" id=PARA27><FONT style="FONT-FAMILY: Times New Roman, Times, serif; FONT-SIZE: 10pt"><B>3349 Highway 138, Building D, Suite B</B></FONT></P>
<P style="TEXT-ALIGN: center; LINE-HEIGHT: 1.25; MARGIN: 0pt" id=PARA28><FONT style="FONT-FAMILY: Times New Roman, Times, serif; FONT-SIZE: 10pt"><B>Wall, NJ&nbsp;07719</B></FONT></P>
<P style="TEXT-ALIGN: center; LINE-HEIGHT: 1.25; MARGIN: 0pt" id=PARA29><FONT style="FONT-FAMILY: Times New Roman, Times, serif; FONT-SIZE: 10pt">(Address of principal executive offices)</FONT></P></TD></TR>
<TR>
<TD style="WIDTH: 101.1%; VERTICAL-ALIGN: top" colSpan=3>
<P style="TEXT-ALIGN: center; LINE-HEIGHT: 1.25; MARGIN: 0pt" id=PARA30><FONT style="FONT-FAMILY: Times New Roman, Times, serif; FONT-SIZE: 10pt">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: center; LINE-HEIGHT: 1.25; MARGIN: 0pt" id=PARA31><FONT style="FONT-FAMILY: Times New Roman, Times, serif; FONT-SIZE: 10pt"><B>(732)&nbsp;359-1100</B></FONT></P>
<P style="TEXT-ALIGN: center; LINE-HEIGHT: 1.25; MARGIN: 0pt" id=PARA32><FONT style="FONT-FAMILY: Times New Roman, Times, serif; FONT-SIZE: 10pt">(Registrant&#146;s telephone number, including area code)</FONT></P>
<P style="TEXT-ALIGN: center; LINE-HEIGHT: 1.25; MARGIN: 0pt">&nbsp;</P></TD></TR>
<TR>
<TD style="WIDTH: 101.1%; VERTICAL-ALIGN: top" colSpan=3>
<P style="TEXT-ALIGN: left; LINE-HEIGHT: 1.25; MARGIN: 0pt" id=PARA33><FONT style="FONT-FAMILY: Times New Roman, Times, serif; FONT-SIZE: 10pt">Check the appropriate box below if the Form 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="TEXT-ALIGN: left; LINE-HEIGHT: 1.25; MARGIN: 0pt">&nbsp;</P>
<P style="TEXT-ALIGN: left; LINE-HEIGHT: 1.25; TEXT-INDENT: -18pt; MARGIN: 0pt 0pt 0pt 18pt" id=PARA34><FONT style="FONT-FAMILY: Times New Roman, Times, serif; FONT-SIZE: 10pt">&#9744;</FONT><FONT style="FONT-FAMILY: Times New Roman, Times, serif; FONT-SIZE: 10pt">Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)</FONT></P>
<P style="TEXT-ALIGN: left; LINE-HEIGHT: 1.25; TEXT-INDENT: -18pt; MARGIN: 0pt 0pt 0pt 18pt">&nbsp;</P>
<P style="TEXT-ALIGN: left; LINE-HEIGHT: 1.25; TEXT-INDENT: -18pt; MARGIN: 0pt 0pt 0pt 18pt" id=PARA35><FONT style="FONT-FAMILY: Times New Roman, Times, serif; FONT-SIZE: 10pt">&#9744;</FONT><FONT style="FONT-FAMILY: Times New Roman, Times, serif; FONT-SIZE: 10pt">Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)</FONT></P>
<P style="TEXT-ALIGN: left; LINE-HEIGHT: 1.25; TEXT-INDENT: -18pt; MARGIN: 0pt 0pt 0pt 18pt">&nbsp;</P>
<P style="TEXT-ALIGN: left; LINE-HEIGHT: 1.25; TEXT-INDENT: -18pt; MARGIN: 0pt 0pt 0pt 18pt" id=PARA36><FONT style="FONT-FAMILY: Times New Roman, Times, serif; FONT-SIZE: 10pt">&#9744;</FONT><FONT style="FONT-FAMILY: Times New Roman, Times, serif; FONT-SIZE: 10pt">Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))</FONT></P>
<P style="TEXT-ALIGN: left; LINE-HEIGHT: 1.25; TEXT-INDENT: -18pt; MARGIN: 0pt 0pt 0pt 18pt">&nbsp;</P>
<P style="TEXT-ALIGN: left; LINE-HEIGHT: 1.25; TEXT-INDENT: -18pt; MARGIN: 0pt 0pt 0pt 18pt" id=PARA37><FONT style="FONT-FAMILY: Times New Roman, Times, serif; FONT-SIZE: 10pt">&#9744;</FONT><FONT style="FONT-FAMILY: Times New Roman, Times, serif; FONT-SIZE: 10pt"> Pre-commencement communications pursuant to Rule 13e-4(c) under Exchange Act (17 CFR 240.13e-4(c))</FONT></P></TD></TR></TABLE>
<P style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px" id=PARA39.1>&nbsp;</P>
<DIV style="WIDTH: 100%; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" id=PGBK39 >
<DIV style="TEXT-ALIGN: center; WIDTH: 100%" id=PGFTR39 >&nbsp;</DIV>
<DIV style="TEXT-ALIGN: center; WIDTH: 100%; DISPLAY: inline; FONT-SIZE: 10pt" id=PGNUM39 >&nbsp;</DIV>
<HR style="PAGE-BREAK-AFTER: always; WIDTH: 100%; HEIGHT: 2px; COLOR: #000000" noshade>

<DIV style="TEXT-ALIGN: left; WIDTH: 100%" id=PGHDR39 >&nbsp;</DIV></DIV>
<P style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px" id=PARA39.2>&nbsp;<FONT style="FONT-FAMILY: Times New Roman, Times, serif; FONT-SIZE: 10pt"></FONT></P>
<P style="TEXT-ALIGN: left; LINE-HEIGHT: 1.25; MARGIN: 0pt" id=PARA41><FONT style="FONT-FAMILY: Times New Roman, Times, serif; FONT-SIZE: 10pt"><B>Item 1.01 &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Entry into a Material Definitive Agreement</B></FONT></P>
<P style="TEXT-ALIGN: left; LINE-HEIGHT: 1.25; MARGIN: 0pt" id=PARA42><FONT style="FONT-FAMILY: Times New Roman, Times, serif; FONT-SIZE: 10pt">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: left; LINE-HEIGHT: 1.25; TEXT-INDENT: 36pt; MARGIN: 0pt" id=PARA43><FONT style="FONT-FAMILY: Times New Roman, Times, serif; FONT-SIZE: 10pt"><B></B>On February 26, 2013, BIO-key International, Inc. </FONT><FONT style="FONT-FAMILY: Times New Roman, Times, serif; FONT-SIZE: 10pt">(OTCBB: BKYI)</FONT><FONT style="FONT-FAMILY: Times New Roman, Times, serif; FONT-SIZE: 10pt"> (the &#147;Company&#148;) entered into a number of agreements with affiliates of InterDigital, Inc. </FONT><FONT style="FONT-FAMILY: Times New Roman, Times, serif; FONT-SIZE: 10pt">(NASDAQ: IDCC) (&#147;InterDigital&#148;) relating to a research and development collaboration arrangement (the &#147;R&amp;D Collaboration&#148;). In connection with this arrangement, affiliates of InterDigital have invested an aggregate of $900,000 in return for newly issued shares of the Company&#146;s common stock (the &#147;InterDigital Equity Investment&#148;) and the Company&#146;s issuance of a senior secured promissory note that will mature December 31, 2015 (the &#147;InterDigital Note&#148;). </FONT></P>
<P style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt" ploc="AFTER"><BR></P>
<P style="TEXT-ALIGN: left; LINE-HEIGHT: 1.25; TEXT-INDENT: 36pt; MARGIN: 0pt" id=PARA44><FONT style="FONT-FAMILY: Times New Roman, Times, serif; FONT-SIZE: 10pt">The InterDigital Equity Investment was made pursuant to a Securities Purchase Agreement dated February 26, 2013 by and between the Company and DRNC (the &#147;InterDigital SPA&#148;). Pursuant to the InterDigital SPA, the Company issued 4,026,935 shares of its common stock at a purchase price $0.10 per share, for an aggregate purchase price of $402,693.50. DRNC has anti-dilution rights under the InterDigital SPA that would require the Company to issue additional shares to DRNC on a full-ratchet basis if the Company, within the nine months following February 26, 2013, sells or issues any common stock or common stock equivalents (other than sales or issuances to directors, officers, employees or independent contractors in the ordinary course of business for compensation purposes and stock splits and stock dividends payable in respect of the Company&#146;s common stock) having a purchase, exercise or conversion price per share less than $0.10.</FONT></P>
<P style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt" ploc="AFTER"><BR></P>
<P style="TEXT-ALIGN: left; LINE-HEIGHT: 1.25; TEXT-INDENT: 36pt; MARGIN: 0pt" id=PARA45><FONT style="FONT-FAMILY: Times New Roman, Times, serif; FONT-SIZE: 10pt">The InterDigital Note was issued pursuant to a Note Purchase Agreement dated February 26, 2013 by and between the Company and DRNC (the &#147;InterDigital NPA&#148;). Pursuant to the InterDigital NPA, the InterDigital Note was issued in a principal amount of $497,306.50 and bears interest at a rate of 7% per annum, with a default rate of 9% per annum while a nonpayment default is continuing. The InterDigital Note is secured by a security interest in all of the tangible and intangible assets of the Company, and is subject to acceleration upon an event of default. Under the InterDigital NPA, the Company agreed to comply with certain financial covenants, including a leverage ratio covenant and an annual limit on capital expenditures other than in the ordinary course of business. A portion of the proceeds from the sale of the InterDigital Note were used to repay the Colatosti Note (as defined in the Company&#146;s Annual Report on Form 10-K filed with the Commission on April 16, 2012) in full, with the remaining proceeds to be used for other general corporate purposes.</FONT></P>
<P style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt" ploc="AFTER"><BR></P>
<P style="TEXT-ALIGN: left; LINE-HEIGHT: 1.25; TEXT-INDENT: 36pt; MARGIN: 0pt" id=PARA46><FONT style="FONT-FAMILY: Times New Roman, Times, serif; FONT-SIZE: 10pt">Concurrently with the closing of the InterDigital transactions described above, the Company closed an equity financing with a number of private investors (the &#147;Private Investor Investment&#148;) pursuant to a Securities Purchase Agreement dated February 26, 2013 by and between the Company and such private investors (the &#147;Private Investor SPA&#148;). Pursuant to the Private Investor SPA, the Company issued 5,000,000 shares of its common stock at a purchase price $0.10 per share, for an aggregate purchase price of $500,000.</FONT></P>
<P style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt" ploc="AFTER"><BR></P>
<P style="TEXT-ALIGN: left; LINE-HEIGHT: 1.25; TEXT-INDENT: 36pt; MARGIN: 0pt" id=PARA47><FONT style="FONT-FAMILY: Times New Roman, Times, serif; FONT-SIZE: 10pt">On February 26, 2013, the Company issued a press release related to the transactions described above. A copy of such press release is attached as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein by reference in its entirety.</FONT></P>
<P style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px" id=PARA89.1>&nbsp;</P>
<DIV style="WIDTH: 100%; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" id=PGBK89 >
<DIV style="TEXT-ALIGN: center; WIDTH: 100%" id=PGFTR89 >&nbsp;</DIV>
<DIV style="TEXT-ALIGN: center; WIDTH: 100%; DISPLAY: inline; FONT-SIZE: 10pt" id=PGNUM89 >2&nbsp;</DIV>
<HR style="PAGE-BREAK-AFTER: always; WIDTH: 100%; HEIGHT: 2px; COLOR: #000000" noShade>

<DIV style="TEXT-ALIGN: left; WIDTH: 100%" id=PGHDR89 >&nbsp;</DIV></DIV>
<P style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px" id=PARA89.2>&nbsp;<BR></P>
<P style="TEXT-ALIGN: left; LINE-HEIGHT: 1.25; MARGIN: 0pt" id=PARA48><FONT style="FONT-FAMILY: Times New Roman, Times, serif; FONT-SIZE: 10pt"><B>Item 3.02&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Unregistered Sales of Equity Securities.</B></FONT></P>
<P style="TEXT-ALIGN: left; LINE-HEIGHT: 1.25; MARGIN: 0pt" id=PARA49><FONT style="FONT-FAMILY: Times New Roman, Times, serif; FONT-SIZE: 10pt">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: left; LINE-HEIGHT: 1.25; TEXT-INDENT: 36pt; MARGIN: 0pt" id=PARA50><FONT style="FONT-FAMILY: Times New Roman, Times, serif; FONT-SIZE: 10pt">The information disclosed in Item 1.01 hereof regarding the InterDigital Equity Investment and the Private Investor Investment is incorporated by reference in this Item 3.02.</FONT></P>
<P style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt" ploc="AFTER"><BR></P>
<P style="TEXT-ALIGN: left; LINE-HEIGHT: 1.25; TEXT-INDENT: 36pt; MARGIN: 0pt" id=PARA51><FONT style="FONT-FAMILY: Times New Roman, Times, serif; FONT-SIZE: 10pt">The above securities issued pursuant to the InterDigital SPA and the Private Investor SPA were issued and sold pursuant to an exemption from registration under Section 4(a)(2) of the Securities Act of 1933, as amended, as transactions by an issuer not involving any public offering.</FONT></P>
<P style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt" ploc="AFTER"><BR></P>
<P style="TEXT-ALIGN: left; LINE-HEIGHT: 1.25; TEXT-INDENT: 36pt; MARGIN: 0pt" id=PARA52><FONT style="FONT-FAMILY: Times New Roman, Times, serif; FONT-SIZE: 10pt">Disclosure is included in this report under Item 3.02 because the issuances on February 26, 2013 exceed 5% of the Company&#146;s outstanding shares of Common Stock based on the Company&#146;s most recent periodic report under the Exchange Act.</FONT></P>
<P style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt" ploc="AFTER"><BR></P>
<P style="TEXT-ALIGN: left; LINE-HEIGHT: 1.25; MARGIN: 0pt" id=PARA53><FONT style="FONT-FAMILY: Times New Roman, Times, serif; FONT-SIZE: 10pt"><B>Item 9.01.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Financial Statements, Pro Forma Financial Information and Exhibits.</B></FONT></P>
<P style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt" ploc="AFTER"><BR></P>
<P style="TEXT-ALIGN: left; LINE-HEIGHT: 1.25; MARGIN: 0pt" id=PARA54><FONT style="FONT-FAMILY: Times New Roman, Times, serif; FONT-SIZE: 10pt">(d)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &nbsp;&nbsp;Exhibits</FONT></P>
<P style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt" ploc="AFTER"><BR></P>
<P style="TEXT-ALIGN: left; LINE-HEIGHT: 1.25; MARGIN: 0pt" id=PARA55><FONT style="FONT-FAMILY: Times New Roman, Times, serif; FONT-SIZE: 10pt">99.1&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Press Release, dated February 26, 2013, issued by the Company.</FONT></P>
<P style="TEXT-ALIGN: left; LINE-HEIGHT: 1.25; TEXT-INDENT: 23.1pt; MARGIN: 0pt" id=PARA56><FONT style="FONT-FAMILY: Times New Roman, Times, serif; FONT-SIZE: 10pt">&nbsp;</FONT><FONT style="FONT-FAMILY: Times New Roman, Times, serif; FONT-SIZE: 10pt"></FONT></P>
<DIV style="WIDTH: 100%; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" id=PGBK90 >
<DIV style="TEXT-ALIGN: center; WIDTH: 100%" id=PGFTR90 >&nbsp;</DIV>
<DIV style="TEXT-ALIGN: center; WIDTH: 100%; DISPLAY: inline; FONT-SIZE: 10pt" id=PGNUM90 >3&nbsp;</DIV>
<HR style="PAGE-BREAK-AFTER: always; WIDTH: 100%; HEIGHT: 2px; COLOR: #000000" noShade>

<DIV style="TEXT-ALIGN: left; WIDTH: 100%" id=PGHDR90 >&nbsp;</DIV></DIV>
<P style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px" id=PARA90.2>&nbsp;</P>
<P style="TEXT-ALIGN: left; LINE-HEIGHT: 1.25; MARGIN: 0pt" id=PARA58><FONT style="FONT-FAMILY: Times New Roman, Times, serif; FONT-SIZE: 10pt">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: left; LINE-HEIGHT: 1.25; MARGIN: 0pt" id=PARA59><FONT style="FONT-FAMILY: Times New Roman, Times, serif; FONT-SIZE: 10pt">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: left; LINE-HEIGHT: 1.25; MARGIN: 0pt 18pt 0pt 0pt" id=PARA60><FONT style="FONT-FAMILY: Times New Roman, Times, serif; FONT-SIZE: 10pt">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: center; LINE-HEIGHT: 1.25; MARGIN: 0pt" id=PARA61><FONT style="FONT-FAMILY: Times New Roman, Times, serif; FONT-SIZE: 10pt"><B>SIGNATURES</B></FONT></P>
<P style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt" ploc="AFTER"><BR></P>
<P style="TEXT-ALIGN: left; LINE-HEIGHT: 1.25; TEXT-INDENT: 36pt; MARGIN: 0pt" id=PARA62><FONT style="FONT-FAMILY: Times New Roman, Times, serif; FONT-SIZE: 10pt">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-TOP: 0pt; MARGIN-BOTTOM: 0pt" ploc="AFTER"><BR></P>
<P style="LINE-HEIGHT: 1.25; MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt" id=PARA63><FONT style="FONT-FAMILY: Times New Roman, Times, serif; FONT-SIZE: 10pt">&nbsp;</FONT></P>
<TABLE  border=0 cellSpacing=0 cellPadding=0 width="100%">

<TR>
<TD vAlign=top width="50%"><FONT style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">&nbsp;</FONT></TD>
<TD vAlign=top width="38%" colSpan=2><FONT size=2>
<P style="LINE-HEIGHT: 1.25; MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt" id=PARA65><FONT style="FONT-FAMILY: Times New Roman, Times, serif; FONT-SIZE: 10pt">BIO-KEY INTERNATIONAL, INC.</FONT></P></FONT></TD>
<TD vAlign=top width="12%"><FONT style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">&nbsp;</FONT></TD></TR>
<TR>
<TD vAlign=top width="50%"><FONT style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: Times New Roman, Times, serif; FONT-SIZE: 10pt">Date: March 4, 2013</FONT></FONT></TD>
<TD vAlign=top width="3%"><FONT style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">&nbsp;</FONT></TD>
<TD vAlign=top width="35%"><FONT style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">&nbsp;</FONT></TD>
<TD vAlign=top width="12%"><FONT style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">&nbsp;</FONT></TD></TR>
<TR>
<TD style="BORDER-BOTTOM: #ffffff solid; TEXT-ALIGN: left" vAlign=top width="50%" align=left><FONT size=2></FONT></TD>
<TD style="BORDER-BOTTOM: #ffffff solid; TEXT-ALIGN: left" vAlign=top width="3%"><FONT style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">By: </FONT></TD>
<TD style="BORDER-BOTTOM: black 2px solid" vAlign=top width="35%" noWrap align=left><FONT style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: Times New Roman, Times, serif; FONT-SIZE: 10pt">/s/ Cecilia C. Welch</FONT></FONT></TD>
<TD style="BORDER-BOTTOM: #ffffff solid" vAlign=top width="12%"><FONT style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">&nbsp;</FONT></TD></TR>
<TR>
<TD vAlign=top width="50%"><FONT style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">&nbsp;</FONT></TD>
<TD vAlign=top width="3%"><FONT style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">&nbsp;</FONT></TD>
<TD vAlign=bottom width="35%" noWrap align=left><FONT size=2>Cecilia C. Welch</FONT></TD>
<TD vAlign=top width="12%"><FONT style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">&nbsp;</FONT></TD></TR>
<TR>
<TD vAlign=top width="50%"><FONT style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">&nbsp;</FONT></TD>
<TD vAlign=top width="3%"><FONT style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">&nbsp;</FONT></TD>
<TD vAlign=top width="35%"><FONT style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">Chief Financial Officer</FONT></TD>
<TD vAlign=top width="12%"><FONT style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">&nbsp;</FONT></TD></TR></TABLE>
<P style="TEXT-ALIGN: left; LINE-HEIGHT: 1.25; TEXT-INDENT: 36pt; MARGIN: 0pt" id=PARA64><FONT style="FONT-FAMILY: Times New Roman, Times, serif; FONT-SIZE: 10pt">&nbsp;</FONT>&nbsp;</P>
<DIV style="WIDTH: 100%; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" id=PGBK91 >
<DIV style="TEXT-ALIGN: center; WIDTH: 100%" id=PGFTR91 >&nbsp;</DIV>
<DIV style="TEXT-ALIGN: center; WIDTH: 100%; DISPLAY: inline; FONT-SIZE: 10pt" id=PGNUM91 >&nbsp;</DIV>
<HR style="PAGE-BREAK-AFTER: always; WIDTH: 100%; HEIGHT: 2px; COLOR: #000000" noShade>

<DIV style="TEXT-ALIGN: left; WIDTH: 100%" id=PGHDR91 >&nbsp;</DIV></DIV>
<P style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px" id=PARA91.2>&nbsp;<BR></P>
<P style="TEXT-ALIGN: center; LINE-HEIGHT: 1.25; MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt" id=PARA73><FONT style="FONT-FAMILY: Times New Roman, Times, serif; FONT-SIZE: 10pt"><B>EXHIBIT INDEX</B></FONT></P>
<P style="TEXT-ALIGN: center; LINE-HEIGHT: 1.25; TEXT-INDENT: -274.5pt; MARGIN: 0pt 0pt 0pt 58.7%" id=PARA74><FONT style="FONT-FAMILY: Times New Roman, Times, serif; FONT-SIZE: 10pt">&nbsp;</FONT><FONT style="FONT-FAMILY: Times New Roman, Times, serif; FONT-SIZE: 10pt"></FONT></P>
<TABLE style="WIDTH: 100%; FONT-FAMILY: Times New Roman, Times, serif; FONT-SIZE: 10pt" id=DTAB82  border=0 cellSpacing=0 cellPadding=0>

<TR>
<TD style="TEXT-ALIGN: left; WIDTH: 13%">
<P style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt" id=PARA77><U><FONT style="FONT-FAMILY: Times New Roman, Times, serif; FONT-SIZE: 10pt"><B>Exhibit No.</B></FONT></U><FONT style="FONT-FAMILY: Times New Roman, Times, serif; FONT-SIZE: 10pt"><B><B></B></B></FONT></P></TD>
<TD style="TEXT-ALIGN: left; WIDTH: 87%" colSpan=3>
<P style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt" id=PARA79><U><FONT style="FONT-FAMILY: Times New Roman, Times, serif; FONT-SIZE: 10pt"><B>Description</B></FONT></U><FONT style="FONT-FAMILY: Times New Roman, Times, serif; FONT-SIZE: 10pt"></FONT></P></TD></TR>
<TR>
<TD style="TEXT-ALIGN: left; WIDTH: 13%"></TD>
<TD style="TEXT-ALIGN: left; WIDTH: 87%" colSpan=3></TD></TR>
<TR>
<TD style="TEXT-ALIGN: left; WIDTH: 13%">
<P style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt" id=PARA83><FONT style="FONT-FAMILY: Times New Roman, Times, serif; FONT-SIZE: 10pt">99.1</FONT></P></TD>
<TD style="TEXT-ALIGN: left; WIDTH: 87%" colSpan=3>
<P style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt" id=PARA84><FONT style="FONT-FAMILY: Times New Roman, Times, serif; FONT-SIZE: 10pt"></FONT><FONT style="FONT-FAMILY: Times New Roman, Times, serif; FONT-SIZE: 10pt"></FONT><FONT style="FONT-FAMILY: Times New Roman, Times, serif; FONT-SIZE: 10pt">Press Release, dated <FONT style="FONT-FAMILY: Times New Roman, Times, serif; FONT-SIZE: 10pt">February 26, 2013, issued by </FONT><FONT style="FONT-FAMILY: Times New Roman, Times, serif; FONT-SIZE: 10pt">the Company.</FONT></FONT></P></TD></TR></TABLE>
<P style="TEXT-ALIGN: left; LINE-HEIGHT: 1.25; MARGIN: 0pt 0pt 0pt 21.75pt" id=PARA87><FONT style="FONT-FAMILY: Times New Roman, Times, serif; FONT-SIZE: 10pt">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: center; LINE-HEIGHT: 1.25; MARGIN: 0pt" id=PARA88><FONT style="FONT-FAMILY: Times New Roman, Times, serif; FONT-SIZE: 10pt">&nbsp;</FONT></P></BODY></HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99
<SEQUENCE>2
<FILENAME>bkyi20130301_8kex99-1.htm
<DESCRIPTION>EXHIBIT 99.1
<TEXT>
<HTML><HEAD><TITLE>bkyi20130301_8kex99-1.htm</TITLE>
<!-- Created by RDG HTML Converter -->
</HEAD>
<BODY style="FONT-FAMILY: Times New Roman; MARGIN-LEFT: 10px; FONT-SIZE: 10pt; MARGIN-RIGHT: 10px">
<P style="TEXT-ALIGN: right; MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px" id=PARA70><FONT style="FONT-FAMILY: Times New Roman, Times, serif; FONT-SIZE: 10pt"><B>Exhibit 99.1</B></FONT></P>
<P style="TEXT-ALIGN: center; LINE-HEIGHT: 1.25; MARGIN: 0pt" id=PARA1><FONT style="FONT-FAMILY: Times New Roman, Times, serif; FONT-SIZE: 10pt"></FONT></P>
<P style="TEXT-ALIGN: left; LINE-HEIGHT: 1.25; MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0pt" id=PARA9><FONT style="FONT-FAMILY: Times New Roman, Times, serif; FONT-SIZE: 10pt">&nbsp;</FONT></P>
<P style="LINE-HEIGHT: 1.25; MARGIN: 0pt" id=PARA14>&nbsp;
<TABLE style="WIDTH: 100%; FONT-FAMILY: Times New Roman, Times, serif; FONT-SIZE: 10pt"  cellSpacing=0 cellPadding=0>

<TR>
<TD style="WIDTH: 65%" rowSpan=5>
<P style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt" id=PARA103>&nbsp;<IMG style="WIDTH: 144pt; HEIGHT: 108pt" src="bkyi20130301_8kex99-1img003.jpg"></P></TD>
<TD style="WIDTH: 8%" colSpan=2>
<P style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt" id=PARA104><FONT style="FONT-FAMILY: Times New Roman, Times, serif; FONT-SIZE: 24pt"><B><I>NEWS RELEASE</I></B></FONT></P></TD></TR>
<TR>
<TD style="WIDTH: 8%" width=95>
<P style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt" id=PARA107>&nbsp;</P></TD>
<TD style="WIDTH: 27%" width=457>
<P style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt" id=PARA108>&nbsp;</P></TD></TR>
<TR>
<TD style="WIDTH: 8%" width=95>
<P style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt" id=PARA110>Contacts:</P></TD>
<TD style="WIDTH: 27%" width=457>
<P style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt" id=PARA111><U>BIO-key International, Inc.</U></P></TD></TR>
<TR>
<TD style="WIDTH: 8%" width=95>
<P style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt" id=PARA113>&nbsp;</P></TD>
<TD style="WIDTH: 27%" width=457>
<P style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt" id=PARA114><FONT style="FONT-FAMILY: Times New Roman, Times, serif; FONT-SIZE: 10pt">Scott Mahnken</FONT></P></TD></TR>
<TR>
<TD style="WIDTH: 8%" width=95>
<P style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt" id=PARA116>&nbsp;</P></TD>
<TD style="WIDTH: 27%" width=457>
<P style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt" id=PARA117><FONT style="FONT-FAMILY: Times New Roman, Times, serif; FONT-SIZE: 10pt">732-359-1113</FONT></P></TD></TR></TABLE></P>
<P style="TEXT-ALIGN: center; LINE-HEIGHT: 1.25; MARGIN: 0pt" id=PARA79><FONT style="FONT-FAMILY: Times New Roman, Times, serif; FONT-SIZE: 24pt"><B><I></I></B></FONT>&nbsp;</P>
<P style="LINE-HEIGHT: 1.25; MARGIN: 0pt" id=PARA16>&nbsp;</P>
<P style="TEXT-ALIGN: center; LINE-HEIGHT: 1.25; MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0pt" id=PARA19><FONT style="FONT-FAMILY: Times New Roman, Times, serif; FONT-SIZE: 12pt"><B><I>BIO-key</I></B></FONT><FONT style="FONT-FAMILY: Times New Roman, Times, serif; FONT-SIZE: 12pt"><B><I><SUP>&#174;</SUP></I></B></FONT><FONT style="FONT-FAMILY: Times New Roman, Times, serif; FONT-SIZE: 12pt"><B><I> International, Inc.</I></B></FONT></P>
<P style="TEXT-ALIGN: center; LINE-HEIGHT: 1.25; MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0pt" id=PARA20><FONT style="FONT-FAMILY: Times New Roman, Times, serif; FONT-SIZE: 12pt"><B><I>&amp; InterDigital</I></B></FONT><FONT style="FONT-FAMILY: Times New Roman, Times, serif; FONT-SIZE: 12pt"><B><I><SUP>&#174;</SUP></I></B></FONT><FONT style="FONT-FAMILY: Times New Roman, Times, serif; FONT-SIZE: 12pt"><B><I> Announce Research Collaboration</I></B></FONT></P>
<P style="TEXT-ALIGN: center; LINE-HEIGHT: 1.25; MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0pt" id=PARA21><FONT style="FONT-FAMILY: Times New Roman, Times, serif; FONT-SIZE: 12pt"><B><I>&nbsp;</I></B></FONT></P>
<P style="TEXT-ALIGN: center; LINE-HEIGHT: 1.25; MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0pt" id=PARA22><FONT style="FONT-FAMILY: Times New Roman, Times, serif; FONT-SIZE: 10pt"><I>InterDigital makes investment in BIO-key to support Research in Advanced Cloud Security and Identity and Access Management Solutions for the Mobile Market</I></FONT></P>
<P style="TEXT-ALIGN: center; LINE-HEIGHT: 1.25; MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0pt" id=PARA23><FONT style="FONT-FAMILY: Times New Roman, Times, serif; FONT-SIZE: 12pt"><B>&nbsp;</B></FONT></P>
<P style="TEXT-ALIGN: justify; LINE-HEIGHT: 1.25; MARGIN: 0pt" id=PARA24><FONT style="FONT-FAMILY: Times New Roman, Times, serif; FONT-SIZE: 10pt"><B>Wall, NJ, February 26, 2013</B> &#150; BIO-key International, Inc. (OTCBB: BKYI), a global leader in fingerprint biometric identification solutions and advanced mobile credentialing and identity verification technologies, today reported that InterDigital Communications, Inc., a subsidiary of InterDigital, Inc. (NASDAQ: IDCC), a wireless research and development company, has entered into an R&amp;D collaboration agreement with BIO-key. </FONT></P>
<P style="TEXT-ALIGN: justify; LINE-HEIGHT: 1.25; MARGIN: 0pt" id=PARA25><FONT style="FONT-FAMILY: Times New Roman, Times, serif; FONT-SIZE: 10pt">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; LINE-HEIGHT: 1.25; MARGIN: 0pt" id=PARA26><FONT style="FONT-FAMILY: Times New Roman, Times, serif; FONT-SIZE: 10pt">The R&amp;D collaboration will target advanced Cloud security and identity and access management solutions for the mobile market. The collaboration will bring together BIO-key&#146;s innovative research and product development capabilities in fingerprint biometrics with InterDigital&#146;s research efforts in developing identity and access management solutions for the mobile market. The efforts include user friendly authentication, end point security, and various other advanced mobile security research areas. InterDigital will provide funding for these efforts.</FONT></P>
<P style="TEXT-ALIGN: justify; LINE-HEIGHT: 1.25; MARGIN: 0pt" id=PARA27><FONT style="FONT-FAMILY: Times New Roman, Times, serif; FONT-SIZE: 10pt">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; LINE-HEIGHT: 1.25; MARGIN: 0pt" id=PARA28><FONT style="FONT-FAMILY: Times New Roman, Times, serif; FONT-SIZE: 10pt">In addition, InterDigital will invest $900,000 in return for newly issued shares in BIO-key and a Senior Secured Note that will mature December 31, 2015. </FONT></P>
<P style="TEXT-ALIGN: justify; LINE-HEIGHT: 1.25; MARGIN: 0pt" id=PARA29><FONT style="FONT-FAMILY: Times New Roman, Times, serif; FONT-SIZE: 10pt">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; LINE-HEIGHT: 1.25; MARGIN: 0pt" id=PARA30><FONT style="FONT-FAMILY: Times New Roman, Times, serif; FONT-SIZE: 10pt">Concurrently, BIO-key has also raised an additional $500,000 in equity from a number of strategic private and institutional investors on similar terms as the InterDigital investment. The total combination of debt, equity and R&amp;D funding of $1,425,000 at closing will be used to repay existing debt, fund growth initiatives and provide general working capital for the business. The Hickory Group, LLC is acting as BIO-key&#146;s financial adviser on the InterDigital investment.</FONT></P>
<P style="TEXT-ALIGN: justify; LINE-HEIGHT: 1.25; MARGIN: 0pt" id=PARA31><FONT style="FONT-FAMILY: Times New Roman, Times, serif; FONT-SIZE: 10pt">&nbsp;</FONT></P>
<DIV style="WIDTH: 100%; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" id=PGBK68 >
<DIV style="TEXT-ALIGN: center; WIDTH: 100%" id=PGFTR68 >&nbsp;</DIV>
<DIV style="TEXT-ALIGN: center; WIDTH: 100%; DISPLAY: inline; FONT-SIZE: 10pt" id=PGNUM68 >&nbsp;</DIV>
<HR style="PAGE-BREAK-AFTER: always; WIDTH: 100%; HEIGHT: 2px; COLOR: #000000" noShade>

<DIV style="TEXT-ALIGN: left; WIDTH: 100%" id=PGHDR68 >&nbsp;</DIV></DIV>
<P style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px" id=PARA68.2>&nbsp;<FONT style="FONT-FAMILY: Times New Roman, Times, serif; FONT-SIZE: 10pt"></FONT></P>
<P style="TEXT-ALIGN: justify; LINE-HEIGHT: 1.25; MARGIN: 0pt" id=PARA42><FONT style="FONT-FAMILY: Times New Roman, Times, serif; FONT-SIZE: 10pt">&#147;InterDigital, a pioneer and global leader in the mobile and wireless industry, will integrate its security technology with BIO-key&#146;s state-of-the-art fingerprint biometric authentication solutions to create product offerings for the world&#146;s mobile market. Rapidly growing requirements for secure access to data and services on mobile platforms is driving the demand for strong authentication and improved device and Cloud security. </FONT><FONT style="FONT-FAMILY: Times New Roman, Times, serif; FONT-SIZE: 10pt">BIO-key&#146;s biometric and transaction security systems significantly reduce risks associated with secure access to corporate data and services as well as potentially high value transactions in the Cloud. The collaborative development efforts, along with </FONT><FONT style="FONT-FAMILY: Times New Roman, Times, serif; FONT-SIZE: 10pt">InterDigital&#146;s position, will create market opportunities for BIO-key in the mobile field,&#148; stated Mike DePasquale, BIO-key CEO. &#147;The world is rapidly moving towards full and complete access to the Cloud using Smartphones, tablets and other devices. BIO-key&#146;s unique device-agnostic technologies make us the ideal partner to develop a universal and global mobile authentication solution.&#148;</FONT></P>
<P style="TEXT-ALIGN: justify; LINE-HEIGHT: 1.25; MARGIN: 0pt" id=PARA45><FONT style="FONT-FAMILY: Times New Roman, Times, serif; FONT-SIZE: 10pt">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; LINE-HEIGHT: 1.25; MARGIN: 0pt" id=PARA46><FONT style="FONT-FAMILY: Times New Roman, Times, serif; FONT-SIZE: 10pt">&#147;InterDigital is committed to driving disruptive innovation across the mobile ecosystem through in-house development, partnerships, collaborations and acquisitions. &nbsp;Our collaboration with BIO-key is consistent with InterDigital&#146;s newly formed Innovation Partners group, which is focused on expanding InterDigital&#146;s reach within the mobile ecosystem,&#148; stated Scott McQuilkin, Senior Executive Vice President, Innovation.</FONT></P>
<P style="TEXT-ALIGN: left; LINE-HEIGHT: 1.25; MARGIN: 0pt" id=PARA47><FONT style="FONT-FAMILY: Times New Roman, Times, serif; FONT-SIZE: 10pt">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; LINE-HEIGHT: 1.25; MARGIN: 0pt" id=PARA48><FONT style="FONT-FAMILY: Times New Roman, Times, serif; FONT-SIZE: 10pt">&nbsp;</FONT><FONT style="FONT-FAMILY: Times New Roman, Times, serif; FONT-SIZE: 10pt"></FONT></P>
<P style="TEXT-ALIGN: justify; LINE-HEIGHT: 1.25; MARGIN: 0pt" id=PARA50><FONT style="FONT-FAMILY: Times New Roman, Times, serif; FONT-SIZE: 10pt"><B>About BIO-key</B></FONT></P>
<P style="TEXT-ALIGN: justify; LINE-HEIGHT: 1.25; MARGIN: 0pt" id=PARA51><FONT style="FONT-FAMILY: Times New Roman, Times, serif; FONT-SIZE: 10pt">BIO-key International, Inc., headquartered in Wall, New Jersey, develops and delivers advanced identification solutions to commercial and government enterprises, integrators, and custom application developers.&nbsp;BIO-key&#146;s award winning, high performance, scalable, cost-effective and easy-to-deploy biometric finger identification technology accurately identifies and authenticates users of wireless and enterprise applications. Our solutions are used in local embedded OEM products as well as some of the world&#146;s largest identification deployments to improve security, guarantee identity, and help reduce identity theft.&nbsp;&nbsp;BIO-key&#146;s technology is offered directly or by market leading partners around the world. (</FONT><FONT style="FONT-FAMILY: Times New Roman, Times, serif; FONT-SIZE: 10pt"><B>http://www.bio-key.com</B></FONT><FONT style="FONT-FAMILY: Times New Roman, Times, serif; FONT-SIZE: 10pt">)</FONT></P>
<P style="TEXT-ALIGN: justify; LINE-HEIGHT: 1.25; MARGIN: 0pt" id=PARA52><FONT style="FONT-FAMILY: Times New Roman, Times, serif; FONT-SIZE: 10pt">&nbsp;</FONT></P>
<DIV style="WIDTH: 100%; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" id=PGBK69 >
<DIV style="TEXT-ALIGN: center; WIDTH: 100%" id=PGFTR69 >&nbsp;</DIV>
<DIV style="TEXT-ALIGN: center; WIDTH: 100%; DISPLAY: inline; FONT-SIZE: 10pt" id=PGNUM69 >&nbsp;</DIV>
<HR style="PAGE-BREAK-AFTER: always; WIDTH: 100%; HEIGHT: 2px; COLOR: #000000" noShade>

<DIV style="TEXT-ALIGN: left; WIDTH: 100%" id=PGHDR69 >&nbsp;</DIV></DIV>
<P style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px" id=PARA69.2>&nbsp;<FONT style="FONT-FAMILY: Times New Roman, Times, serif; FONT-SIZE: 10pt"><B></B></FONT></P>
<P style="TEXT-ALIGN: justify; LINE-HEIGHT: 1.25; MARGIN: 0pt" id=PARA65><FONT style="FONT-FAMILY: Times New Roman, Times, serif; FONT-SIZE: 10pt"><B>BIO-key Safe Harbor Statement</B></FONT></P>
<P style="TEXT-ALIGN: justify; LINE-HEIGHT: 1.25; MARGIN: 0pt" id=PARA66><FONT style="FONT-FAMILY: Times New Roman, Times, serif; FONT-SIZE: 10pt">Certain statements contained in this press release may be construed as &#147;forward-looking statements&#148; as defined in the Private Securities Litigation Reform Act of 1995 (the &#147;Act&#148;).&nbsp; The words &#147;estimate,&#148; &#147;project,&#148; &#147;intends,&#148; &#147;expects,&#148; &#147;anticipates,&#148; &#147;believes&#148; and similar expressions are intended to identify forward-looking statements.&nbsp; 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 &#147;safe-harbor&#148; provisions of the Act.&nbsp; These statements 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; These risks and uncertainties include, without limitation, our history of losses and limited revenue, our ability to develop new products and evolve existing ones, the impact on our business of the recent financial crisis in the global capital markets and negative global economic trends, our ability to attract and retain key personnel.&nbsp; For a more complete description of these and other risk factors that may affect the future performance of BIO-key International, Inc., see &#147;Risk Factors&#148; in the Company&#146;s Annual Report on Form 10-K for the year ended December 31, 2011 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="TEXT-ALIGN: justify; LINE-HEIGHT: 1.25; MARGIN: 0pt" id=PARA67><FONT style="FONT-FAMILY: Times New Roman, Times, serif; FONT-SIZE: 10pt">&nbsp;</FONT></P></BODY></HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>3
<FILENAME>bkyi20130301_8kex99-1img003.jpg
<TEXT>
begin 644 bkyi20130301_8kex99-1img003.jpg
M_]C_X``02D9)1@`!`0$`8`!@``#_VP!#``4$!`0$`P4$!`0&!04&"`T("`<'
M"!`+#`D-$Q`4$Q(0$A(4%QT9%!8<%A(2&B,:'!X?(2$A%!DD)R0@)AT@(2#_
MVP!#`04&!@@'"`\("`\@%1(5("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("#_P``1"`"0`,`#`2(``A$!`Q$!_\0`
M'P```04!`0$!`0$```````````$"`P0%!@<("0H+_\0`M1```@$#`P($`P4%
M!`0```%]`0(#``01!1(A,4$&$U%A!R)Q%#*!D:$((T*QP152T?`D,V)R@@D*
M%A<8&1HE)B<H*2HT-38W.#DZ0T1%1D=(24I35%565UA96F-D969G:&EJ<W1U
M=G=X>7J#A(6&AXB)BI*3E)66EYB9FJ*CI*6FIZBIJK*SM+6VM[BYNL+#Q,7&
MQ\C)RM+3U-76U]C9VN'BX^3EYN?HZ>KQ\O/T]?;W^/GZ_\0`'P$``P$!`0$!
M`0$!`0````````$"`P0%!@<("0H+_\0`M1$``@$"!`0#!`<%!`0``0)W``$"
M`Q$$!2$Q!A)!40=A<1,B,H$(%$*1H;'!"2,S4O`58G+1"A8D-.$E\1<8&1HF
M)R@I*C4V-S@Y.D-$149'2$E*4U155E=865IC9&5F9VAI:G-T=79W>'EZ@H.$
MA8:'B(F*DI.4E9:7F)F:HJ.DI::GJ*FJLK.TM;:WN+FZPL/$Q<;'R,G*TM/4
MU=;7V-G:XN/DY>;GZ.GJ\O/T]?;W^/GZ_]H`#`,!``(1`Q$`/P#[+S29HHH`
M,T9HJK?W]EIEA+?ZC=PVEK"NZ2:9PB(/4DT-C2;=D6LTV25(T9W9411DLQP`
M/<U\^>,_VDM.LWDLO!-A_:4PROV^Z!2$>ZIPS_4[1]:\"\2>.O%WBZ5F\0:]
M<W<9.1;JWEPK]$7`_/->;6S"E#2.K/I,'P[BL0N:I[B\]_N_SL?8VN_&'X=^
M'G:*\\2V]Q.O6&SS<-]/DR!^)KSW4_VH/#T+%=(\,ZC>@='GD2`'_P!"/Z5\
ML(F76.-"68X5%&23Z`#K7>:!\'_B+XB19;/PY+:V[#(FOV%NI'J`WS'\JX?K
MV(J.U-?A<^@60Y=A8\V)G?U=OZ^\]#NOVH?$+L?L7A33XE[>=</(?T"U3_X:
M=\9_]`#1ORE_^*J_I?[+^KR@-K7BNTMN.4M+=I3^;%?Y5U-K^S#X5C&;SQ%J
M]P?]@1Q_^RFK4,=+6]ON.>5;(*>BC?Y29QT'[4'BE6'VKPQI<J]_+ED0_KFN
MDT[]J/2W*KJWA*\@'=[:X24?DP6MW_AFGX?[,?;=:W8Z_:4_^(K+N_V7_#3C
M_0O$VJVY_P"FB1R#^0K10QT=FF<TJV0U-'!K[_\`,[31/CG\-M;=8AKHTZ9N
M!'J$9AY_WC\OZUZ);7EM>6Z7-I<17$+\K)$X=6^A'!KY<U;]F'Q!`&;1O$MA
M>@=$N86A8_B-PKC'\)_&#X8W#7UE::G81)RT^GOY\##_`&E7(Q_O+6BQ5>G_
M`!H:=T<\LJR_$?[GB->TOZ3_``9]N9HS7S5X*_:5+/'8^.K``?=_M&R4X'O)
M%_5?RKZ'TK5M-UO3(M2TF^AOK.892:%PRM_]?VZUW4<13K+W&>%C,OQ&#E:M
M&WGT?S+V:,T45N<`9HS110`9HS110`9I0<TE`H`*0D#K2FO-OBM\4++X>Z(L
M=NJ76NW:G[+;$\*.AE?'\(].YX]2(G.-.+E+9&U"A4Q%14J2NV7OB'\3O#_P
M]TT/?.;O4IE)MM/B8>9)_M,?X5S_`!'\,FOC_P`:_$#Q-X\U'[1KEX1;(V8+
M&$E8(?HO\1_VCD_2L'5-4U'6]5N-6U:\DO+ZY;?+-(>6/]`.P'`J70M"U;Q+
MKEOHNB63WE]<'"1KP`.[,>BJ.Y-?-XC%5,1+ECMV/T[+LHP^70]K4LYK=O9>
MG;UW,\!F9552S,0JJ!DD]@!W->U>!/V>_$'B&.+4?%,SZ%I[_,L&T&ZD'T/$
M8^N3[5[/\-/@UH7@:&+4;T1ZIX@(RUVZ_)`>ZQ`]/][J?;I7J0&*[L-ER2YJ
MWW'@YEQ+*3=/!Z+^;_+^ON.3\*_#KP?X,B4:#HD,5P!AKJ4>9,WU=N?P&!76
MT45Z\8J*M%6/C:E2=67/4;;\PHHI,U1F+16'XA\6^'/"EF+OQ#K%MI\;?=$K
M_._^ZH^9OP%>/:W^T]X9LW:/1-"OM2`X$LS+;H?IG+?H*PJ8BE3^.5CNPV7X
MK%:T8-KOT^_8]\R*.W%?-5O^T#\0-5(?1?AM]IC/0HD\N?Q50*U8?CCX]LL/
MKWPDU)8A]YX%F7'X,A'ZUDL92??[F=DLEQD=&E?MS1O^9Z)XP^$O@KQFCR:A
MI26M\PXOK/$4H/OCA_\`@0->%WGA'XE_`S5)-=\-W1UC0=VZX"*2C+_TVB'*
MG'\:]/4=*]=\.?'GP#KMREC>74^@W[$#R-33RQGTW\K^9%>H!HYX@R,KHZY!
M!!#`_P`Q4RI4JWOTW9]T7#%XS`_N,1&\']F6WR?3Y'&?#WXDZ%\0M&-WIS_9
M[V$#[58R,#)"3W']Y3V8?H>*[;->$>//A3J&@:P/B%\*\V.KVI,L^FPCY+A?
MXMB].>Z=#VP>OHWPZ\>:=\0/"L>K6BB"[B/E7EH3\UO*.H^AZ@^GN#6E*I)/
MV=7XOS.7%8:GR?6,*[P>Z>\7V?EV9V5%%%=1Y@4444`%`HH%`&!XP\4Z=X,\
M*7WB'4F_=6R_)&#AII#PJ#W)X_7M7P;XB\0:IXI\17FO:Q-YMY=ON;'W8U_A
M1?15'`KUK]HKQH^L^,X_"EI+FQT;YI@#P]PPYS_NJ0/J6KQ&OF\?B'4G[-;+
M\S],X>RY8>A]8FO>G^"Z??O]Q9T_3[W5M4M=+TVV>YO+J010Q)U=CT'_`-?L
M*^W/AA\-=-^'OAX0A4N-8NE#7MYCEC_<7T0=AWZFO-?V=_`T%AI$WQ!U=$26
MX5HK$RX`BA'#R9/3<01GT'O7I^J?&+X5Z-.;?4?B!H<<J\%$O%D(^H7.*[\!
MAE"/M9;O8\'B'-'6J/"TG[L=_-_Y+\SN@,4M<5H/Q8^&OB>]6RT+QOI%Y=/P
MD`N561_8*V"?PKL+BYM[2VENKNXCM[>%2\DLK!511U))X`]Z]4^1):*Y?_A8
MOP^QG_A.O#W_`(,X?_BJV-*UO1==MFN=$U>RU2!&V-)9W"3*K>A*D@'VH`OD
MXKPWXO?&T>%9Y?#/A5HY];48N+I@&CL\CH!T:3VZ#OGI7M\[QQP/)+*L2*I+
M.Q`"CUR>E?&:>#_A[HOC^2;QS\6?#=WI2SM,\<-YYEQ=$L3MD"YV9/WCDY[8
MSQR8EUK*-);]>Q[&51P:J2J8QZ15TN[_`*Z#O!/PL\7_`!4U!O$6N:C/;Z=*
MV7U*[)DEN/41*>H]^%';-?2?A7X2^!/"<:-8Z%#<W:CF[O0)I2?4$\+_`,!`
MK5\+^,O!'B6V2#PEXCTG4HX4"K!97",8U`X&P'*@#VKIJ5'"0I:[ON/'9OB,
M4^5/EATBM%_P1%554*HP!P`.U+1178>,8FO>$O#/B:V:WU_0[/4488S-$"P^
MC=1^!KSX>%/$OPO8W_@>>ZUSPVIW7/AVYDWRPKW:U<]Q_</7ZUZ/KOB/0/#&
MG'4?$6M66DV@./-NYUB4GT&3R?85>M+NUU"Q@OK&YCN;6X198IHF#)(A&0RD
M<$$'K64J49.ZT?<ZJ6)J4UR/6/9[?\#U6I2T/6]-\1Z);:SI%R+BSN5W(X&"
M.Q5AU#`Y!!Y!%>3^--*E^&?CJ+XHZ#"RZ/=NMOXALXE^78QP+@`=P3D^_P#O
M&NVCL!X6\=_:+-1'I'B.0K<0CA8;T+E95';S%4JW^TJGJ3767]E:ZEIMSI]]
M`L]K<QM%+&PR'5A@C\C4RBZD;/=?F:TZJP]2\=826J[I[KU71]TF2P317-O'
M<02K+%*@='4Y#*1D$>V*EKSOX5R76F:5JG@?49FENO#%T;2*1^LMJPWV[G_@
M!V_\`KT.M(2YHIG-6I^RJ."=UT\UT?S0M%%%68A0**!0!^<FHWUQJ>K7NI7;
MF2XNYWGE8]V9B3^IJQH&BW/B/Q)IN@V8)FOYU@!`^Z"?F;\%R?PKZ5\2?LTZ
M-J.KSWN@Z_-I,4[ES:R0"9(R3DA#D$#T!SBNQ^''P<T#X?3/J*W$FJ:PZ&/[
M7,@41J>JQJ,[<]SDDU\[#+ZKJ>_MW/TJMQ'A(X>]"_-;16V?F]M/(^>OVOO"
M_B+1M`\.W]AK[1^#[=(]+BT="4"2A7;S"!P^57&3R,>YKS7]F_X+:!\7-4UV
M7Q)?WD%CI"0XALV5'E:0OC+$'``0]!DYZU]`_MI#_BS&CGTUJ/\`]$RUY9^R
M=XX\+?#_`$#QQKGB[5X],L7ELH(W96=I'(G.U54$DX!/`KZ)*VB/S9MMW9E_
MM"_L[:7\+-!LO%GA34[RXTR6Y%K/;WC*TD+L"4974#*G:1@C(..3GCTO]FSQ
M;/\`%_X:>)OA7X]FGU2WM((UCG:4B5[=R1L+]249003V..@KA/VD?V@O#GQ)
M\.V7@WP7'=3V2W2W5S>S1&,2,H8(B*?FQ\V22!T%>M?LF_"?6_`_AW5/%/B:
MSDL-0UL1QP6<HVR10+D[G'\)8GH>0%'K0(^,OBEX9T[P;\5_$?A?27F>QTZ[
M:&$SL&?;@$9(`SU]*_0#X7^#O`_P4^#\WB:&>XAM[K3X=2U.ZN)=Y8B+=A5&
M`.68``9)(&37PU\?O^3AO&O_`&$&_P#017TE^TQXBGTO]F#P1H-NY0:S':";
M!^]'%`KD?]]%#^%`'A'COXG_`!!^/WQ`M]!TP7$=C=W'D:=HD$F(P.S2=F;'
M+,>`,XP*]Y\._L3^'$T>,^*O%NHS:DZ9D&G*D<,;>@WJQ;'J<9]!7#?L4^'X
M+[XB^(/$4\0=]+L5AA)'W7F8Y(]]J,/^!&ON^@#\Y_C#\`/$GP6DM_%OA_6Y
M[_15F55OH08;BRD/W=^T]">`XQSP0,C/T)^S-\>+SXA6LO@[Q=.LGB.QA\V"
MZP%-]",`[A_ST7(SCJ#GJ#7MGQ"\/6_BKX:>(_#UR@=+ZPEC7/9]I*-]0P4_
MA7YC?"CQ%<^%/C#X6UNVD*&#48DDP<;HW;9(OXJS"@#]8:***`/S6_:9\(:Y
MX1^+#+K?BJY\1_VI";^WEN<AH(VD=1%@D@`;?X<#'85]S?`\D_`+P1G_`*!,
M'_H-?)W[;'_)6/#W_8&7_P!'RU[#HOQN\+_"'X#?#6/Q#IVJ7CZCI$;1?8H5
M95"J,Y9F49Y'`R:`/H74]/74K18&?RRDL<R.!DJR.&!'Y8_&KIZ<5X;\/_VG
M?!/Q%\:V?A/1]$UV"\NPY22>WC,:[5+'<5<E1@'G'7%=;\3?C-X(^%-G$WB.
M\DFO[A2UOIUHH>>4?WL$@*N>,L1[9Q1;J.[M8U+BV&G?%ZQU!.$UG3);68#O
M)`X>,GWVR2#\*[$5\BG]LGP5J&NZ;<:AX+UFWALIFD2:*XB=AN1D.4.,C#$X
M#=A7H?B/]JGX9>'],TC4;8:GK=MJD32(]C`N(2IP8Y-[+M<'^'TP>A&9BK-E
MSGS*/=*W]?(]XHKY\\*?M9_#_P`6^+]+\,V.AZ_#=:G<+;1/);QLJLQP"VUR
M0,]3C@<]JV?B3^TAX,^&'C!O"^MZ1K5U>)"DS/:P)Y>&&0`7==WO@8[=0:HS
M/:J!7C7A#]HGPAXV\/ZCJND:5J\1L95A,-U"J>865FR'#%<*%);G(R."6`/H
MOACQ3:^);>5HK>2VGAP7B<A@5)8!E8=1E7'8@JP(!%`'08&>E%%%`'S/^VD/
M^+*Z2?36HO\`T3-7E7[*/@/PK\0_#/C?1?%VE)J-DD]E-&I=D:-P)AN5E((.
M"1UYKOOVTO$FAGP%I'A1=3A;6O[1CO6LE.9%A\N5=[#L,D`9ZUSO[#U[;)=^
M-=/>XC6YE6TECB+`,ZKYH8@=P,C/U%`%?X__`+,WAGP=X#N/&_@1KJVCTXJ;
MRQGE,JF-F"[T8_,""1D$G(STQS)^R5\8M?N_%'_"M/$6H2ZA9W$#RZ;+<.7D
M@=!N:+<>2A4$@'H5XZU[#^U#XVT7PY\$M8T.YNHFU;7(Q:VMH&!=@6!=R.H4
M*#SZD#O7R]^R-X<OM7^/%KK,,+FST6VFGN)0/E4NC1HN?4EB<>BGTH`XKX_?
M\G#>-?\`L(-_Z"*]Y_:ILII/@1\+=0528H(DA8^A>V0C_P!%FO!?C\0?VA?&
MI!!_XF#?^@BONCQGX`_X67^S%8^&K<J+\Z5:7-B['`$Z1*5&>P897/HU`'AO
M[#U]$NK>-=-8@2R0VLZCN0K2*?U9?SK[5K\N_@_XZO/@U\9(-2UFSN(8(V?3
M]5M"I$BQD@-\I_B5E5L=]N.]?I7H'BGPYXHTB+5_#VMV>I64J[A+!*"![,.J
MGU!P10!9UN\AT[P[J>H7#!8;6UEF<GLJH2?T%?DKX2M)M3\>Z#96ZEI;K48(
MD`]6E4#^=?:_[3OQRT#2_`^H>`/#.J0ZAK>J)]GNVMG#K9PG[X9AQO8?+MZ@
M$DXXSY+^R3\+KSQ%X_7Q_J5HRZ+H3$VSNORSW1&%"^H0'<3V.V@#VGQQ^UQX
M>\%^/-9\*/X0U"^?2YS;O<+<)&'<?>PI!P`>_>N;_P"&X-`_Z$#4/_`Y/_B:
M^@=9^$GPS\0ZQ<:QK?@C2;[4+DAIKB6`%Y"!C)/<X`YK/_X45\'_`/HG>B_^
M`XH`^/\`]KG6;?Q%XR\%:]:1O';ZEX;@NXTD'S*LDDC`'W`-9-[\0-0^*GA_
MX<?`[0[F'2=+ABMK6ZNKS"B:Y`QG_<7)"C@LQ^E=%^V?!!:?%+PW:6L*000:
M%'''&B[511-*``!T``Q7'?$#X.W'A_X1^"_BCX=CE;3M1T^`ZB`Q+6MR1Q(#
MV1S^3?4"@#[\\#^!/#'PQ\%Q:-H5FD,%K$6GN64>;<,!EI';N3CIT'0<"OSK
MTJ6]^-O[1UE_;US(ZZ]J@\[YO]7;`D[%]`L:X'TK[`_9V^,D/Q2\$S>$_$=T
M/^$HT^W,4S,?FO8"-HF'JPR`WO@]^/B2RTQ?`WQ@;0?%,UWI\-E>2Z??3VQV
MRQ1.&B>1/7Y&+#U'UH`^C_VD?B)\(O\`A`/^%9^$-,T_4=3MY(U@FL(E$.F[
M&&0KC[S$`J0N1R<G(Q3?@#\"_$FJ?"[QG9>-;!]-TOQ':QII]O=)^]29=Q2Y
MV'E,$KCH6&>V,^P?"SX$_"KX>:5!XJMKBW\07.SSX]<O71HHUZAHQG8@Q_%R
M?>NJ\&?&KP)X_P#'&J>$?"]]/>W6FPF=KD1?Z/,H8*QC?/."P&2`#GC(H`^)
M_P!GCQ+-\,?VAXM&\01+;)>RR:+>"0#,$I?"G)Z8D4`GT8U[!^UMJDWBKQGX
M+^$NAQQRZE=3K<2G:"R-(WEQ+GJ!CS&/M@UPG[7_`(";PY\2[/QQI\1BL]?3
M]ZR<>7=1@`GCIN7:WU#&M_\`9IM=8^)OQKUOXO>,)DGDTBV2-9V7:GGM'Y:D
M9X&V)6)]V!H`^H3\,M%@\`Z1X2TPI90Z5"L43^4&64;0L@E3C>'ZMR#GG-;'
MA7PM'X;AFW70N)I56-1''Y<4$2EBD4:9)"@NW4D\]<``>7:]^TIX5TW5)+/2
M=)O=:BB;:;J-UBC<_P"QNY8>^!FNW^'WQ3\-_$-9XM,\ZTU"W4/+9W(`<+G&
MY2"0RYXR.G>N>&)I3ER1EJ>A5RW%TJ?MJE-J/?\`S['>T445T'GGCWQ9_9[\
M&_%B^36+^XNM*UN.,0B]M2")$&<!T;AL9.",'WKP6Y_8H\3V=YYVA?$*R)4_
M(\MM)`X_%2U?;=>7_M!7]_I?[/GBW4-,O;BQO(8(C'/;R&.1#YT8.&7!'!(_
M&@#P'2OV*M4NM0%SXN^(2R(?OBSMVDD;VWR'C\C7T-9_![PWH/PGU/X?>#;B
MZ\.QZA$5?4K=MUTTAQ^\9N"QXQ@8&"0,5Y)X^\9^,/"?QZTG7M+NKN]T+1_"
MUM?ZUI@E9EEMGG:.694Z%TRK9ZX7KC-=/\-;&'XH>#_&L=[XHUF33QXPO);*
M\T[4I(9/(`4QHK@Y$>'SM'%`'F\O[$*S3/--\3)I)'.YG?3,LQ/4DF7DU[M\
M'/A1/\)_#U]I,WBZ^\0I<RJ\8N$\N.V501MC3<V,YYY[#CBO+OA!I-T_[/.M
M_$&Z\4>(KW6I=,U6#_2]5EEBCV-($=48X5P(U^8<]?6J?P8L;_4V\&ZMJ&B_
M$V2::**XDU.ZUHR:=*VS=O,9D),;'H".XH`]/^*?[/W@7XIR'4K^&72]<"A1
MJ=D`'<#H)%/$@`[G![9Q7SW<_L3^+(+IUTKQ]IKVS<%I8)8G(]PNX'\ZL>+/
M$<=KXN^)EUKFH?$,2VNM/9:7=:-J+PV%I(R#RDD+.%3YR#R,8-=M\1KOXM:5
MH/P;M+'5GD\:8N)KN**?]WJ$D-NLIBDV_+)N52OH2V1US0!E^#_V*]#L;Z*Z
M\:>*IM7B1MQL[&'[.C^S.26(^@4^]?5&D:1I>@Z/:Z/HUA#8:?:((X;>!`J(
MH[`?KGN>:\2^%/Q$M?&OQ6\;>(K;59AH?]C:;<K;33$I8OLD\Y2O16#*0V!S
MC->?_#/XMS7?QMLM?U'QG%>Z5XZN;NSBT4W>]M(,;@6A:/=\AD4$=!DMDT`?
M7=)VS7S1K?P]A7]HO1?"">,_&2:7J>D76HS(NO3@B59`%VG/"@$\5J:IXIUC
MPG\5_BM<VMW=7D&@^$K>[M+2>9GC6148[MI.,D@%CU-`'*^*_P!D"\\6>*+[
M7=1^*E]<O<RNZ&\LO.>-2Q(3=Y@X&>P`]A7IWPP^",?@/P3K?A'7_%%SXMTC
M55$7V.ZBV0P1[2&5%+-@MNR<$?=&!GFO-=5T#7O#7[/]I\:;/XD>(+CQ9':6
MVKS/<7QDLKGS2A:W,'W`F'V@#N!4WCCQ[XN\._M`6/BNPENI?#NG>&K34-:T
M@2,RBVEF9))5CZ%XR5;/7"]<9H`S8?V,?[,\0?VIX>^*%_I7EREX'BL\30KV
M`D61<G'&<#/I7IOQ0_9U\*?$VRL[F]OKFQ\1VMNEO_;$:*SW(50`9DX#GOD8
M(Z9QQ6/X"^(L>C?!OXF>/+[5I-5L]/\`$.IR6,DLQD62/*>1&A)X4EE``X&Z
ML7]G+QM>?\)3J?@C7/&T7BJZU"P@UZWN4N_M'D2.H%Q;9R<%&VX7CC)QS0!P
M]O\`L6>)=RV-U\2H%TO=DI%:R'//787"Y_&OI#X6_"#PC\)M%EL_#T,DU[=8
M^UZA<D&:?'0<<*HYPH_')YK)^!&J:GJOACQ7+JFH7-])!XIU&")KB4R%(U<!
M4!/11V'05ZK,[I`[QQ^8ZJ2J9QN..!GM0!\N_MF>+]$L_AYIW@J6*.YUC4;E
M;R/)YM8H\@R?5B2@]1N]*S&L#\)?V2M$\+J?L^N^*6^TW@'#A7`=P?H@CC/U
M-<78_!_XL_$7X_Q^+OBGX<DTO1Q=_:[Z6>>,PQ6\7*P)ACE<`+]"2>]'Q4\;
MGQWX]N=3@<_V9;#[+8J>/W0/+X]6.3],#M7!CJWLZ5ENSZ#(<"\5BE)KW8:O
M]$</TX%>U?LUZ7=77Q-N]4C4BVL;%UE?'!:1@%7Z_*Q_"O%"0H))X%?;'P/\
M'2>$?AO;F\A\O4M4;[;<`CE-P&Q#]%Q^)->/@*3G63Z+4^TX@Q:H8.4.L]%^
MOX'IU%%%?3GY6%<_XT\):9XZ\%ZEX3UF2XCL-114E:W8+(`'##!(('*CM704
M4`<G'X`T%?&TGBR3SY[R31AH3PRL&A>V#[^5QRQ)P3G&.U5O`OP_\/?"WPQ?
MZ1X:2\:QEN9;\Q2N)75F4`HF`.,*``<GWKM:0@&@#RKX7Z=X!U'X/WGA'PA?
MW\VC-]JM;A;LA;J$S%BX88&T_.<''YX-/\-_!BS\*SZ7_9GQ"\;-9:8R&'3I
M=4#6Q1>D;($&4[8]*Y?XC>&=>^'OBN3XJ>`8]T4G.LZ:`2DJYR9-H['OCE3\
MPZFO2_`GQ!\/^/M&%]H]QLN(P/M%G(1YMNWN.Z^C#@_I7-3K>][.>DOS]#T<
M1A$J:Q%#6F_OB^S_`$?4X;Q#;?#CP5=>)]$\666KC2_'%PUS?7MQ#YEF)&4*
M45U&8R,`C(R#@@\5T'A[P%X0NK'P1=Z9XDO-;B\(>:=-N#=QS%EDC\O;(57Y
M@JX`Z$8'6O0;RSM-0LY+.^MHKJVE&UX9D#HX]"#P:\DUC]G[PQ-=M?\`A35=
M1\)WC'/^@3$Q9_W<@C\&%5-U8N\5=?<11CA:D5&HW"7?=/Y;K\367X)^#K:?
MQO+ILNH:8?&D8BU%;655"#+;C$"IV[M[9SG[QQBK&L?!?P#J_A"Q\-QZ2FEI
MI[0/;7VGQQQ7430XV-YFTDGCDGKFN"G^%GQMM/W>E_%E[B$<+Y\LJ-C\F_G6
M3=?!GXS:R#'K/Q$22(\$-?7#`_\``0H%8O$5%_R[?X'9'+\,]7B8V])?E8]`
M\::U\-_"_CRP\=:[K\DFO:;82:?#8VLBR-(CL&8F,#(;(ZD@5PNF?%#X;:A\
M1=6UZQ\.>)M4UCQ%9QZ;/8""*6.2),@`(&SR"<Y./I5C0_V7]-AD6;Q%XFN+
MOG+Q64(A#?5V+']!7M'ACP3X7\'6AM_#NCP66X8>4#=+)_O.<L?SI1>)F[NT
M5][-*JRNA#E@Y5)=_A7^9YSIW[/WA%K>QAN]4\3R>'8)%NXO"U[J.^Q@DSN"
ME`"2%/\`#N(SGK7H#^!=#E\>7OC&=99KR^TH:--;R$&!K<.7QMQU))!YQCM7
M3@8X%+7<>">4V7P%\$:?X$B\$6\VI?V$FL#67MGG5A,XQB)R5YB^5?EZ\=:Z
M&]^&'A*X\6:!XHL;%='U+0I9'@?38XX!,LB[724!?G4C\1SS7:T4`>2VOP+T
MO3=0O;K1O'OC328KV^DU":TLM46*`RR-N8[0G0]/H*]9R!UIDLT4$#SSR)%%
M&I9W=@JJ!U))Z"OF?XK_`!Y%Y'/X<\"7+"%LQW&JKP6'=8?;_;_+UK"M7A1C
MS3._!8&MC:GLZ2]7T7J/^/'Q8CN%N/`GANY#IG9J=U&W!_Z8*1_X\?P]:^<^
ME`&.E=M\.?ASJ_Q#U[[+;![;2[=@;R^*_+&/[B^KGL.W4U\S4G4Q-3;5GZCA
MZ&'RK"V;LEJWW?\`6R.E^!_PW?QCXG77-3MR="TN0,VX<7,PY6,>H'!;\!WK
M[*48K,T+1-,\.:':Z+H]JMM96B;(T7]23W).23W)K3%?1X;#JA#EZ]3\TS3,
M)X^NZCTBM$O+_-A11174>4%%%%`!1110`UE5E*L`01@@C.:^>?B!\&]7T/6C
MXW^%4LME>QL9)=/MVVGGJ8NQ![QG@]O2OHBDP#VK&K1C55I'9A,95PD^:GL]
MT]FNS1\]>"?VC+1F&D_$"Q;3;R,^6]]#&?+R./WD?WHSZXR/85[QIFK:9K-B
ME]I-_;WUK(,K+;R!U/XBN,\=_"3PGX\1KB^MS8ZKC"ZA:@+)[!QT<?7GT(KY
MWUCX5?%+X;7KZGX<N+N[MEY^V:0[!\?]-(NOZ,*XW4KT/C7,NZW/:CALOQ^M
M&7LI_P`K^'Y/^O0^R*,`5\?:+^T7X^TH_9]6AL=96,[6\^(P2CZE<#/U6N^T
M[]J'1'51JOA6_MF[FVF28?KM-7#'T);NWJ85N'\=3>D>9>37_#GT)17C4/[2
M'PYD4&1=6@/H]GG_`-!8U*W[1GPV`XGU-_863?U-;?6J/\R.)Y5C?^?,ON9[
M!17@]]^T[X2A4C3]!U:\/;S!'$/_`$(G]*XO6/VF_$MR'30_#UCIP/`DN)&G
M<?@-H_G6<L=0C]JYTTLBQ]3_`)=V]6D?518*I9B`!R2:\S\8_&[P3X2$EO'>
MC6M23C[)8L'P?1Y/NK^I]J^4/$?Q"\:^*PR:YXBNYX&/-O&WE0_]\)@'\<UR
MPVKA1@9X`%<%7,V]*:^\^APG"R3YL5._DO\`/_@'>>._BKXK\>R-!?W`LM*S
ME=.MB1&?3>>KGZ\>@K@R0HR2`!7?^%/A!X[\7,DEKI#Z?8MS]LOP8DQZJN-S
M?@,>]?1?@;X$>$O";Q7^I*=>U5/F$UR@\J(^J1\C/N<GZ5RPPU?$RYI?>SUJ
M^:8#+*?LJ5FU]F/ZO_/4\0^&WP1USQG)#JFM+-H^@$AM[+MFN1Z1J>@/]X_@
M#7UQH>A:3X<T:WT?1;*.RLK<82*,?F2>I)[D\FM(`#M2U[F'PT*"]W?N?!9C
MFE?'SO4=HK9+9?\`!$I110*ZCR@Q1BEHH`3%&*6B@!,48I:*`$Q1BEHH`3%&
M*6B@#FO$'@+PAXJ!.O\`A^RO9"/]<T>V4?1UPWZUY?J_[,OA"[8OH^L:EI;'
MG:S+.@_!@#^M>ZT5A/#TJGQ1.[#YABL/I2J-+M?3[MCY7O?V7_$,;-_9WBK3
MIU[>?`\9_0M68?V:/'@8@:GHI'KYTG_Q%?7=%<SR^@^GXGJQXCQZ5G)/Y(^1
M!^S1X\)P=3T4#_KM)_\`$5H6?[+_`(FD8?;_`!1ID"]_)ADD/Z[:^JZ*2RZ@
MNGXA+B/'M64DODCP72?V8O#%LP?6=?U'4<=4B"VZG\LG]:],\/?#;P1X7*R:
M+X<LX)U_Y>'3S9?^^WR1^%==1753P]*GK&)YE?,<7B-*M1M=KV7W+00`CO1B
3EHK<\\3%&*6B@!,4H&***`/_V3\_
`
end
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
