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AuthenTec Further Expands Its Industry-leading Patent Portfolio
Monday, July 20, 2009
Four Additional Patents Expand AuthenTec’s IP Portfolio to 115 U.S. Patents
Melbourne, FL -- AuthenTec (Nasdaq: AUTH), the world’s leading provider of smart fingerprint sensors and solutions, today announced that it has further expanded its patent portfolio with the addition of four U.S. patents (filed or pending) to its intellectual property portfolio. These four patents, originally filed by former industry pioneer Veridicom, Inc. for fingerprint sensing, imaging and sensor packaging, are among the foundational IP created for the biometrics industry.
When combined with 32 U.S. patents (filed or pending) from AuthenTec’s recent asset purchase of Atrua Technologies, the Company now holds an industry-leading 115 filed or pending U.S. patents, as well as additional foreign patent counterparts.
"AuthenTec’s market leadership is built on a strong foundation of intellectual property, and we believe we’ve further extended our lead in the market with our growing portfolio of patents," said AuthenTec VP and General Counsel Frederick Jorgenson. "We believe that this IP gives us a strong competitive advantage and the ability to continue to evolve fingerprint sensors beyond authentication to ‘smart sensors’ that offer multiple functions, features and secure management of a user’s digital identity in next generation PCs, netbooks, smart phones and mobile devices."
About AuthenTec
With nearly 50 million sensors sold worldwide, AuthenTec is the world leader in providing smart fingerprint 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 utilizing the company's patented TruePrint® technology to deliver the most convenient, reliable and cost-effective means available for enabling touch-powered features that extend well beyond user authentication.
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