AuthenTec Recognized as One of Southeast's Fastest Growing Private Companies; Program Founded by Emory University and Innovations Publishing To Honor Exceptional Privately-Held Companies.

MELBOURNE, Fla. & ATLANTA -- AuthenTec, the world leader in fingerprint sensor innovation and sales for more than five years, today announced that it has been selected to participate in the GBS Eagles program, the Southeast's premier forum for honoring exceptional private companies and discussing growth issues faced by these emerging companies. The GBS Eagles program was recently launched by the Center for Entrepreneurship and Corporate Growth (CECG) at Emory's Goizueta Business School (GBS) and Innovations Publishing. The inaugural GBS Eagles Conference will take place on Wednesday, May 11, 2005.

"It is truly an honor to be named part of the inaugural class of GBS Eagles, honoring those companies that have demonstrated leadership and sustainable growth," said Scott Moody, president and CEO of AuthenTec. "Being named a GBS Eagle is a tribute to our team, and demonstrates the rapid acceptance our technology has experienced in the consumer and enterprise markets. We are excited to be at the forefront of the fingerprint biometrics industry, and by the tremendous interest we have received in our company, our products and our technology."

In addition to being privately-held, companies which are named GBS Eagles must have:

--Generated more than $3 million in revenue during the last twelve months;

--Exhibited annual revenue growth in excess of 20 percent compounded over the past three years or experienced headcount growth in excess of 25 percent compounded over the past three years.

"The mission of the GBS Eagles program is to understand the critical issues a high-growth company faces throughout its business lifecycle and to identify the successful processes implemented to address these issues," said Edward Hess, executive director of the CECG. "The companies recognized as GBS Eagles have realized incredible success in the face of these very issues. Their participation in the GBS Eagles program will provide other early-stage companies with valuable information to scale with high growth."

Since its founding in 1998, AuthenTec has grown to become the leading provider of biometric fingerprint sensors in the world. The company is the number one supplier to the wireless and PC markets, with sensors in nearly four million cell phones and one million notebooks and personal computer peripherals. AuthenTec's tiny sensors are used to provide the most convenient form of security against theft or fraud, as well as enabling other functions - including convenience, navigation and personalization. The company recently launched the world's smallest and most versatile fingerprint sensor (EntrePad 1510), introduced a host of new applications using the company's sensors -- including two Toshiba notebook computers - and announced plans to expand its operations by more than 50 percent in the US, Asia and Europe.

For more information about the GBS Eagles program, please visit http://www.innovationspublishing.com/georgia/eagleCompanies.asp.

About AuthenTec

With more then four million sensors in use worldwide, AuthenTec is the world leader in fingerprint sensor innovation and sales to the PC, wireless, and access control markets. AuthenTec's award-winning FingerLoc(R) and EntrePad(R) sensors take full advantage of The Power of Touch(TM) by utilizing the company's patented TruePrint(R) technology to deliver most convenient, reliable and cost-effective means available for enabling touch-powered features that extend beyond user authentication. The company's network of partners, solution providers and customers include: Analog Devices, APC, Compal, Cherry, Fujitsu Computer, Computer Associates, Fellowes, IBM, LGE, Microsoft, Motion Computing, Samsung, Tatung, Texas Instruments, Quanta, among others. Visit www.authentec.com.

About Innovations Publishing

Atlanta-based Innovations Publishing LLC was formed in 2002 by Ben Dyer, a General Partner of Cordova Intellimedia Ventures. Innovations' Publishing manages the largest collection of information on emerging and high-growth private companies in the Southeast. Investors, lawyers, CPAs and others involved in the deal flow rely on this comprehensive Web database and weekly e-newsletter to stay abreast of opportunities, investment transactions, customer successes, new product lines, and executive team changes. The company publishes both Southeast Innovations and Georgia Bioscience Innovations.