DALLAS, May 14, 2010 (GLOBE NEWSWIRE) -- MicroStockProfit.com announces an investment report featuring AuthenTec Inc. (Nasdaq:AUTH). The report includes financial, comparative and investment analyses, and industry information you need to know to make an educated investment decision.
The full report is available at: www.microstockprofit.com/ads/AUTH
AuthenTec Inc. (AUTH) is a provider of security, identity management and touch control technologies for the personal computer (PC), wireless device and information technology (IT) markets. The Company provides a series of products, including fingerprint sensors, software and intellectual property (IP) cores. During the fiscal year ended January 1, 2010 (fiscal 2009), the Company shipped 10.3 million sensors. On July 8, 2009, it acquired certain assets of the biometric fingerprint sensor company, Atrua LLC (Atrua). On February 26, 2010, the Company acquired SafeNet Inc.'s Embedded Security Solutions Division.
Message Board Search for AUTH: http://www.boardcentral.com/boards/AUTH
In the report, the analyst notes:
"Consolidated revenue was $9.2 million for the first quarter of 2010, a 30% increase over the prior year. The first quarter included $900,000 of revenue from AUTH's Embedded Security Solutions, which was acquired from SafeNet Inc. in late February. AUTH's fingerprint sensor business, now called Smart Sensor Solutions, reported revenue of $8.2 million during the quarter, which was at the midpoint of the $8.0 million to $8.4 million guidance previously provided.
"AUTH recently announced that it has won designs in five new Personal Navigation Assistants (PNAs) now available from MEDION in Europe. Each of MEDION's new GoPal P4445/ P4440, P4245, X4545 and X4345 and PNAs include AUTH's AES1711 TruePrint(R) smart sensor for keeping personal data protected, one-touch access to individual user profiles and theft deterrence. AUTH and MEDION previously collaborated on the world's first fingerprint-enabled PNA, the MEDION GoPal P4425, which was launched in 2008."
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