Arrow and AuthenTec Sign Pact to Advance Integration of Biometrics in PC Devices.Business/Technology Editors MELVILLE, N.Y.--(BUSINESS WIRE)--Dec. 8, 2000 Arrow Electronics Arrow Electronics NYSE: ARW is a Fortune 500 company headquartered in Melville, New York. This company specializes in products and services of electronic components and computer products. , Inc. (NYSE NYSE See: New York Stock Exchange :ARW ARW Air Refueling Wing ARW Advanced Research Workshop ARW Associated Resume Writers ARW Army Ranger Wing (Irish Special Forces) ARW American Revolutionary War ARW Angle Random Walk ARW Aeroelastic Research Wing ) announced that it will distribute AuthenTec's EntrePad(TM) and FingerLoc(TM) families of semiconductor fingerprint fingerprint, an impression of the underside of the end of a finger or thumb, used for identification because the arrangement of ridges in any fingerprint is thought to be unique and permanent with each person (no two persons having the same prints have ever been sensors throughout North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. , South America South America, fourth largest continent (1991 est. pop. 299,150,000), c.6,880,000 sq mi (17,819,000 sq km), the southern of the two continents of the Western Hemisphere. and Mexico. Recognizing the rising customer interest in biometric semiconductors for PC and personal electronic devices, Arrow sealed this first-of-its-kind agreement with start-up AuthenTec to advance the integration of biometrics in the broad personal electronics marketplace. "Our customers are intrigued by biometric semiconductors and we are excited about the markets where AuthenTec is focused -- PCs, peripherals, and personal electronic devices," said Tony Winger, Arrow Electronics' vice president, supplier and market development. "We have made this unique decision to engage with this start-up company start-up company A new business. because of the strength of its patented technology when compared to optical and silicon-based DC capacitive approaches. Personal identification techniques are being evaluated by many of our customers. AuthenTec's FingerLoc technology reads the live layer below the surface skin layer and has demonstrated a 100 percent ability to acquire everyone's fingerprint, producing the accurate results demanded by the PC, laptop, PDA (Personal Digital Assistant) A handheld computer for managing contacts, appointments and tasks. It typically includes a name and address database, calendar, to-do list and note taker, which are the functions in a personal information manager (see PIM). and security industries." "AuthenTec is pleased to partner with the largest and fastest growing distributor in the world. Our products enable solutions for a great number of customers participating in one of the most exciting areas in electronics - biometrics to enable convenient security. Arrow's vast resources will allow this technology to reach end-users in a faster and more efficient manner," said F. Scott Moody, president and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of AuthenTec Inc. "Our position in the industry as a true semiconductor company allows us to provide an open set of algorithms and design kits with which Arrow's customers can develop countless security applications for any PC device including personal computers, peripherals, laptops, PDAs and cellular phones. Our unique approach to the market allows customers greater options for evaluation and design-in, while providing the essential components for more complete biometric solutions." Arrow will distribute AuthenTec's products through more than 50 sales and marketing branches located in marketplaces throughout North America, South America and Mexico. Additionally, Arrow's Field Application Engineering staff will assist with the design of AuthenTec products into new customer applications. AuthenTec's evaluation kits, which demonstrate the company's patented TruePrint(TM) technology, will also be available through Arrow's Testdrive Tool Evaluation Program, which allows engineers to evaluate development tools prior to purchase. Both AuthenTec's and Arrow's customers will benefit by having centralized cen·tral·ize v. cen·tral·ized, cen·tral·iz·ing, cen·tral·iz·es v.tr. 1. To draw into or toward a center; consolidate. 2. available inventory and local sales/service support in all major markets in North America, South America and Mexico. AuthenTec expects the agreement to extend worldwide by 2001. About AuthenTec AuthenTec, Inc. is a fabless semiconductor company A fabless semiconductor company specializes in the design and sale of hardware devices implemented on semiconductor chips. It achieves an advantage by outsourcing the fabrication of the devices to a specialized semiconductor manufacturer called a semiconductor foundry or "fab. providing advanced silicon solutions to the biometric and security markets with applications in personal computers, wireless communications wireless communications System using radio-frequency, infrared, microwave, or other types of electromagnetic or acoustic waves in place of wires, cables, or fibre optics to transmit signals or data. , access control and personal electronic devices. AuthenTec's product families include FingerLoc(TM) for PC peripherals and security applications such as access control or time/attendance and EntrePad(TM), a convenient and secure way to access personal electronic devices, personal digital assistants (PDAs) and portable PCs. All of AuthenTec's products are based on the company's patented TruePrint(TM) technology. Uniquely, TruePrint reads below the surface layer of the skin to the live layer where the true fingerprint resides. It is the first fingerprint identification technology that is capable of being used by everyone under any condition. AuthenTec's products provide a natural and convenient way for people to enjoy secure e-commerce and Web access; for businesses to manage networks and control access; and for individuals to secure access to their personal data, homes, and even automobiles. About Arrow Electronics Arrow Electronics is the world's largest distributor of electronic components and computer products, with 1999 sales of $9.3 billion. Headquartered in Melville, New York Melville is a hamlet and census-designated place in the town of Huntington in Suffolk County on Long Island, New York, in the United States. As of the 2000 census, 14,533 people resided there. , Arrow serves as a supply channel partner for more than 600 suppliers and 175,000 original equipment manufacturers, contract manufacturers and commercial customers through more than 225 sales facilities and 19 distribution centers in 38 countries. Detailed information on Arrow's operations can be found at www.arrow.com. FingerLoc, EntrePad and TruePrint are trademarks of AuthenTec, Inc. All other trademarks or registered trademarks referenced herein are the properties of their respective owners. |
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