AuthenTec Grows Florida-Based Operations

MELBOURNE, FL -- AuthenTec, a leading provider of fingerprint sensors and solutions, announced that it has completed an office consolidation and expansion of its Melbourne, FL, operations and headquarters location. The company's full-time staff has grown by more than 80% in the past three years, from 77 to 130 worldwide, including 95 in Melbourne. AuthenTec recently consolidated two Melbourne operations into one newly expanded office location at 100 Rialto Place.

"Our new and expanded facilities at Rialto Place will allow us to work better together as a single, cohesive local team to continue to make AuthenTec products and touch-based technology a ubiquitous part of our everyday lives," said AuthenTec Chairman and CEO Scott Moody. "Melbourne is a great location for a technology company like AuthenTec, offering a great environment and business climate for recruiting talent and maintaining a strong technical workforce. We appreciate the support of the Rialto Place management and staff in accommodating our growing team, and we look forward to achieving many more milestones in our newly renovated location."

"Homegrown and a global leader in a highly innovative field, the importance of AuthenTec's continued growth extends beyond typical economic development parameters," said Lynda L. Weatherman, President and CEO, Economic Development Commission, of Florida's Space Coast. "AuthenTec is a leader in an innovative field, and their designation as the world's leader in fingerprint sensors serves to help increase the area's presence as a technology hub. The investments this company makes both locally and globally have a positive ripple effect on Brevard County's economy. AuthenTec employs highly skilled associates, executing highly critical work, the type of positions any community covets."

AuthenTec recently signed a multi-year lease with the Rialto Place and has expanded its total office space from 28,000 sq. ft. at two locations to one location with 37,000 sq. ft. for offices, a test floor, and packaging, reliability, and applications labs. The Rialto Place location serves as the company's headquarters and its U.S. base of operations for silicon design, packaging development, software creation, marketing, finance/accounting, and executive administration. The company also has a large design, applications, and software center in Shanghai, a sales office and application center in Tokyo, as well as other sales and application locations worldwide.

AuthenTec has shipped more than 40 million fingerprint sensors for enhanced user features such as security, convenience, navigation, and personalization in PCs, cell phones, GPS devices, and other consumer products. AuthenTec products are based on the company's patented TruePrint technology to deliver extremely accurate and reliable fingerprint imaging. TruePrint reads below the surface of the skin to the live layer, where a person's true fingerprint resides. This unique subsurface approach enables AuthenTec sensors to overcome common skin-surface conditions to read virtually every fingerprint, every time.

About AuthenTec
With more than 40 million sensors sold worldwide, AuthenTec is a world leader in providing fingerprint authentication sensors and solutions to the high-volume PC, wireless device, and access control markets. AuthenTec's award-winning sensors take full advantage of The Power of Touch by using the company's patented TruePrint technology to deliver the most convenient, reliable, and cost-effective means available for enabling touch-powered features that extend beyond user authentication.

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