BIO-key adds Fabian Shin to board, expands Asia presence

In an effort to expand its presence, experience and base of relationships in Asia, BIO-key International has appointed Hong Kong-based Mr. Fabian Shin to BIO-key’s board of directors, increasing the board to nine members with three directors in Asia, one in Europe and five in the U.S.

“I am honored to join BIO-key’s Board at this exciting point in its transformation and growth,” commeted Shin. “I already see a range of potential opportunities to pursue on BIO-key’s behalf in Asia and look forward to working with the Board and management to advance its business in the region.”

Shin has over 25 years of experience in advising companies as an investment banker, financial consultant and independent director. He was previously Deputy CEO at CMB International Capital Limited and head of investment banking at a unit of the Industrial and Commercial Bank of China.

“We are confident Fabian’s experience, network of relationships and skill set will immediately add value to BIO-key and enhance our Asia Pacific visibility and presence,” added Mike DePasquale BIO-key Chairman and CEO.

Just last week, BIO-key reported a 118 percent revenue increase in its third quarter revenue report, driven by increased demand, broader distribution, and an expanded line of products including its TouchLock padlocks.

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