March 7, 2013 -
BIO-key International has announced its latest appointment: Jay Meier, as Vice President, Corporate Development.
“Jay brings a breadth of industry experience, both financial and technical, as well as a strong record of achievement, to our management team,” Mike DePasquale, CEO, BIO-key said. “We are thrilled to have him join our team. Jay’s energy, vision, creativity and leadership will help us continue to translate our leadership in biometric identification and authentication technologies into innovative world class products and solutions that are unparalleled in the market.”
Before BIO-key, Meier was founder and managing partner of Sage Capital Advisors. Prior to that, Meier was SVP of Corporate Development for OTI-America, a provider of contactless smart card solutions. Meier has also worked as finance controller for a healthcare services firm and for many years as a Senior Research Analyst at various boutique investment banks.
In 2006, he published Secure Credentialing & Identification – Wall Street’s first and most comprehensive industry research overview of the Security, Biometrics, PKI, Smartcard, Credentialing and Identity Management industries. He’s been ranked in the top percentiles of all security analysts in North America and has been called the “8th Best Stock Picker in North America.”
In his new role, Meier will be responsible for strategic and corporate development, primarily in the healthcare markets. He will also support C-level management regarding operational execution, and manage investor relations for the company.
Reported previously in BiometricUpdate.com, in 2012 the company received orders in excess of $1 million from healthcare and blood center customers in the fourth quarter of 2012. New orders included expanded services and technologies for several hospitals, reaching agreements with two blood centers as well as sales developed through growing OEM relationships.