AuthenTec, Inc. (NASD: AUTH), the world leader in providing fingerprint authentication sensors and solutions to the high-volume PC, wireless device and access control markets, recently reported its financial results for the third fiscal quarter ended October 3, 2008. Quarterly revenue posted a 22 percent increase to $18.4 million when compared to the corresponding period one-year earlier and was in line with the company’s updated guidance range of $18.2 million to $18.5 million for the third quarter.

On a non-GAAP basis, the company reported record net income for the third quarter of $1.4 million, or $0.05 per diluted share. This reflects a year-over-year improvement of 62 percent compared to net income of $859,000, or $0.03 per diluted share, in the third quarter of 2007 and beat third quarter estimates of $0.03 per share. AuthenTec, Inc. expects revenue in the fourth quarter to range from $12.5 million to $13.5 million.

F. Scott

AuthenTec Inc. (AUTH) is the world leader in providing fingerprint authentication sensors and solutions to the high-volume PC, wireless device, and access control markets. The company has sold more than 30 million sensors worldwide.

AuthenTec’s sensors utilize the company’s patented TruePrint and TrueMatch technologies which allow fingerprints to be read below the surface of the skin to the live layer - or true fingerprint. This technology is not affected by common skin surface conditions dry, worn, calloused, oily, or dirty skin that can affect other sensors’ ability to acquire accurate fingerprint images for user authentication purposes. The company’s fingerprint sensor technologies are the only technologies capable of acquiring everyone’s fingerprint under virtually any condition.

The company’s technologies are the driver behind AuthenTec’s ability to provide the broadest range of form factors and the lowest cost fingerprint sensors on the market today. The company’s network of partners and customers include: Texas Instruments, Samsung,