Jack Vander Aarde

Dan Cummings

Dan Khamis

Dan Thomas

Unknown Attendee

- BIO-key International, Inc. announced the launch of its **next-generation EcoID III USB Fingerprint Scanner** on **October 21, 2025**.  **[1019034_7be3a01adab044009237527f99ecec40_0]** 
- The EcoID III features **liveness detection, FBI FAP 20, PIV, and NIBSS certifications**, and **encrypted device-to-host communication**.  **[1019034_7be3a01adab044009237527f99ecec40_0]** 
- This new scanner is expected to **significantly lower the price point** for high-quality fingerprint scanners, and **first volume orders are already being delivered to government customers**.  **[1019034_7be3a01adab044009237527f99ecec40_1]**

BIO-key International Introduces EcoID III USB Fingerprint Scanner

- **BIO-KEY INTERNATIONAL, INC.** secured a **$1,130,000.00** principal amount senior secured promissory note from **Streeterville Capital, LLC** on **September 30, 2025**.  **[1019034_0001437749-25-030493_ex_866109.htm:0]** **[1019034_0001437749-25-030493_ex_866110.htm:0]** **[1019034_0001437749-25-030493_bkyi20251003_8k.htm:2]** 
- The company received **$1,000,000.00** in net proceeds, after an original issue discount of **$125,000.00** and **$5,000.00** for transaction expenses were deducted from the principal.  **[1019034_0001437749-25-030493_ex_866110.htm:0]** **[1019034_0001437749-25-030493_ex_866109.htm:1]** **[1019034_0001437749-25-030493_bkyi20251003_8k.htm:2]** 
- The note carries an interest rate of **9% per annum** and has a maturity period of **18 months** from the issuance date.  **[1019034_0001437749-25-030493_ex_866110.htm:0]** **[1019034_0001437749-25-030493_bkyi20251003_8k.htm:2]** 
- Repayments are subject to a **7% exit fee**, and the lender has the right to redeem up to **$135,000** of principal per month starting **six months** after issuance.  **[1019034_0001437749-25-030493_ex_866110.htm:1]** **[1019034_0001437749-25-030493_bkyi20251003_8k.htm:2]** 
- The obligation is secured by a lien on **substantially all of the Company's assets** and is guaranteed by its subsidiary, **PistolStar, Inc.**.  **[1019034_0001437749-25-030493_ex_866113.htm:0]** **[1019034_0001437749-25-030493_ex_866109.htm:1]** **[1019034_0001437749-25-030493_bkyi20251003_8k.htm:2]**

BIO KEY INTERNATIONAL (BKYI)