News and insight into biometric identification and authentication

AuthenTec wins Product of the Year

Tuesday, August 12, 2008

AuthenTec, an fingerprint scanner developer, has been awarded the medium-size company 2008 Product of the Year award from the National Society of Engineers for their fingerprint sensor targeted at the wireless market, according to an Orlando Business Journal article.

The award is not only based solely on the product but also takes into account the benefits that come from the product’s development including new jobs, economic stimulation, additions to public standards of daily life and strengthening the country’s reputation in the market.

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AuthenTec announced the shipment of its 50 millionth fingerprint sensor.

Founded in October 1998, AuthenTec established a previous industry benchmark of 25 million sensors in November 2007 and took less than two years to double that mark to 50 million. AuthenTec’s 50 millionth sensor was shipped to Fujitsu Limited for integration into its smart phone, where it will be used for touch-powered features including security, navigation, personalization and convenience.

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AuthenTec, a developer of security and identity management solutions, has announced its AES1660 TruePrint smart sensor and accompanying TrueSuite identity management software will be incorporated into computer manufacturer ASUS’ new Eee PC 1018P netbook.

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AuthenTec, a developer of various biometric solutions and service, has announced that they have been chosen by media system developer MEDION for hardware and software solution to be integrated into MEDION’s multimedia system.

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AuthenTec, a developer of fingerprint and other biometric solutions, has announced its rejection of a bid by fellow biometrics developer UPEK for a merger, according to an Orlando Sentinel article. Officials from AuthenTec called the unsolicited proposed deal, which would have required the replacement of AuthenTec’s entire board of directors, “a highly dilutive and speculative transaction.”

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AuthenTec has announced the availability of a new software development kit (SDK) that is designed to assist developers in creating applications for use with AuthenTec TruePrint sensors and AuthenTec’s TrueSuite identity management software. The SDK, called TrueAPI SDK, is also designed to help developers modify their existing applications to work AuthenTec’s hardware and software solutions.

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American National Bank and Guaranty Bond Bank in Mt. Pleasant, Texas are now offering tap and go mobile payment to their customers and the community through Bling Nation.

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