Identity, Security, Payments, Biometrics, Smart Cards and Authentication News

UPEK receives recognition for quick growth

Friday, September 19, 2008

UPEK, a developer of fingerprint security technology, has announced that they have been included in the Inc 5000 ranking of fastest-growing private companies for their revenue growth of 622% between 2004 and 2007. UPEK’s has been ranked number 9 on the list.

One of UPEK’s main markets is fingerprint readers included on computers. Their technology is included on the IBM ThinkPad which has seen growth from shipping 4 million units in 2004 to 19 million units in 2007. Additionally, the market for these computers is expected to hit 85 million units shipped by 2012. Beyond fingerprint readers intended for embedding in laptops, UPEK also deals in fingerprint readers for mobile devices, hard disk drives, biometric door locks and ID card verification. [end] 

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