NEW YORK & MELBOURNE, Fla.--(BUSINESS WIRE)--Sept. 11, 2006--AuthenTec, the world leader in biometric fingerprint sensor security, innovation and sales, today won the Wall Street Journal's 2006 Technology Innovation Award for IT Security and Privacy.
AuthenTec was selected over 600 companies considered worldwide for the prestigious innovation awards. Companies were judged by whether the innovation represented a breakthrough from conventional ideas or methods in its field, whether the innovation goes beyond incremental improvements on technologies that already exist, among other criteria.
With more than 10 million sensors in use worldwide, AuthenTec is the recognized volume supplier leader of biometric fingerprint sensors -- shipping nearly two thirds of all sensors sold in the PC, wireless and access control markets during the past five years.
AuthenTec sensors are used in 150 different models of notebook and tablet PCs, including those made by 7 of the world's top 10 PC manufacturers. The sensors provide advanced security and replace the need for passwords. In cell phones, AuthenTec sensors are used in more than 95 percent of all biometric cell phone models - protecting phone files and securing mobile commerce transactions. In access control, AuthenTec sensors protect hundreds of airports, government and corporate offices, individual homes, and other facilities around the world. The company's sensors also are used in the U.S. government's largest biometrics implementation for the U.S. Census Bureau.
Each AuthenTec sensor is based on the company's patented TruePrint(R) technology, the only solution in production that reads below the surface of the skin to the live layer, where the true fingerprint resides. This unique subsurface approach enables AuthenTec sensors to read virtually every fingerprint, anywhere. The technology's extreme accuracy also allows AuthenTec to create sensors that are smaller, lower cost, and perform better than larger, more costly competing solutions.
"We are extremely honored to be recognized by the Wall Street Journal for innovation leadership because innovation is the cornerstone of our technology and our overall business approach," said Scott Moody, CEO of AuthenTec. "This recognition is a tribute to our entire team, and reflects our commitment to continuously introduce innovative new fingerprint sensor solutions that help drive the adoption of biometrics in the consumer, commercial and government markets."