MELBOURNE, Fla., August 8, 2007 " AuthenTec, the world's leading provider of fingerprint sensors and solutions, announced that on July 27 the company shipped its 20 millionth fingerprint sensor, an industry record. The milestone shipment was made during a record-setting July in which AuthenTec shipped over a million sensors, more than any other month in the company's history.
These record shipments have been driven primarily by strong customer demand for AuthenTec'ssmall, highly accurate and cost-effective fingerprint sensors for the PCmarket. The company continues to win new designs with the world's Top 10 PC manufacturers as its fingerprint sensor shave now been integrated into more than 200 PC models. Also contributing to record shipments is the continuing successful ramp of AuthenTec's newest sensor - the AES1710 for the cellphone market - bringing Power of Touch® features to consumers, including security, convenience, personalization and navigation.
Although we're proud of setting another high-water mark for the industry with our 20millionth sensor shipment, we believe the market for fingerprint sensors is just beginning and that the most significant growth opportunities are still ahead, said AuthenTec Chairman & CEO Scott Moody. This achievement is a testament to the differentiation our fingerprint technologies and products bring to PCs, cell phones and other products made by our customers -- the world's leading consumer electronics companies.
Highlighting the company's rapid growth, AuthenTec reached the 20 million shipment milestone only one year after shipping its 10 millionth sensor, announced in July 2006. AuthenTec shipped more than 3 million sensors during its second quarter, equaling the total number of AuthenTecsensors shipped during all of 2005.
AuthenTec's fingerprint sensors are based on the company' spatented TruePrint® technology. TruePrint is a unique ,sub-surface RF technology which reads below thesurface of the skin to the live layer where the true fingerprint resides. TruePrint enables AuthenTec sensors to read virtually every fingerprint, every time, allowing the company to create small, low-cost sensors that offer superior performance to competing solutions.
With more than 20 million sensors in use worldwide, AuthenTec is the world leader inproviding fingerprint authentication sensors and solutions to the high-volumePC, wireless device, and access control markets. AuthenTec's award-winning sensors take full advantage of The Power of Touch® by utilizing the company's patented TruePrint® technology to deliver the most convenient, reliable and cost-effective means available for enabling touch-powered features that extendbeyond user authentication. The company's customers include: Acer, ASUSTeK ,Fujitsu, HP, Hitachi, HTC, Lenovo, LG Electronics, Samsung, and Toshiba, among others.
Director of Communications