AuthenTec Names Gregory Teesdale Chief Financial Officer.Business Editors/High-Tech Writers MELBOURNE, Fla.--(BUSINESS WIRE)--Aug. 13, 2001 The 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. AuthenTec, Inc. today announced the appointment of Gregory M. Teesdale, 44, as Vice President and Chief Financial Officer. In this newly created position, Greg will direct financial management, planning and analysis, as well as oversee internal control and capital formation. AuthenTec is the leading supplier of 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 sensor products, which have application 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. , PDA's, access control and home security. "The addition of Greg as our new CFO See Chief Financial Officer. is a strong testament to our growth strategy as we continue to move forward in our vision as a company," said Scott Moody, 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. "I am very pleased that we were able to bring in such a strong candidate with demonstrated experience in the semiconductor industry for this role. Greg clearly enhances the seasoned management team we have been able to recruit here at AuthenTec since our founding." Mr. Teesdale comes to AuthenTec with more than 18 years of experience in the high-technology market, which includes background in the semiconductor, broadband and digital imaging industries. Mr. Teesdale was most recently with the wireless semiconductor supplier, Sicom, which was acquired earlier this year by Intersil for $173 million. While at Sicom, Mr. Teesdale was Vice President of Operations, CFO, Corporate Secretary and Treasurer. Prior to his work at Sicom, Mr. Teesdale was employed by Photometrics (later acquired by Roper Scientific), a high performance digital camera manufacturer. During this time, he was Vice President of Finance, CFO, Corporate Secretary and Treasurer. Mr. Teesdale holds a MBA MBA abbr. Master of Business Administration Noun 1. MBA - a master's degree in business Master in Business, Master in Business Administration from Arizona State University Arizona State University, at Tempe; coeducational; opened 1886 as a normal school, became 1925 Tempe State Teachers College, renamed 1945 Arizona State College at Tempe. Its present name was adopted in 1958. as well as a BS in Accounting and Finance from Drexel University Drexel University, at Philadelphia, Pa.; coeducational; founded 1891 by Anthony J. Drexel, opened 1892, chartered 1894 as Drexel Institute of Art, Science, and Industry. It was renamed Drexel Institute of Technology in 1936 and gained university status in 1970. . About AuthenTec: AuthenTec, Inc. is a fabless semiconductor company providing leading edge fingerprint sensor products to the biometric bi·o·met·rics n. (used with a sing. verb) The statistical study of biological phenomena. bi and security industries with application in personal computers, wireless communications, access control, personal electronic devices and home security. AuthenTec's product families include FingerLoc(TM) for security applications such as access control and time/attendance, and EntrePad(TM) designed specifically for the PC and wireless markets. 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 begins. It is the first fingerprint identification technology that is capable of being used by everyone under virtually 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. For more information, visit http://www.authentec.com or call 321/308-1300. EntrePad, TruePrint, and FingerLoc are trademarks of AuthenTec, Inc. All other trademarks or registered trademarks referenced herein are properties of their respective owners. |
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