Bio-key International shares surge 38.70% intraday after strategic partnership with Visualforma to deploy IAM and biometric solutions in Portugal covering over 250 government organizations.

Bio-key International surged 38.70% intraday, driven by a strategic partnership with Visualforma to deploy identity and biometric authentication solutions across over 250 government organizations in Portugal, including municipal, education, and healthcare entities. The company, a leading provider of IAM and biometric solutions specializing in fingerprint technology and identity management software, has already operationalized the project in a major Portuguese tourist city.