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 UPEK® Named a Red Herring Top 100 company for 2005 Award recognizes 100 private companies in North America that drive
"Five years after the dot-com bubble burst, innovation and entrepreneurship are thriving. The companies on this list are proof," said Red Herring editor-in-chief Joel Dreyfuss. "We're honored to have been chosen for this recognition just weeks following our first anniversary as a stand-alone company," noted Alan Kramer, UPEK's CEO and president. "No other company offers a fully-industrialized, end-to-end biometric fingerprint authentication solution based on low-cost silicon sensing technology. UPEK provides the only high-volume biometric solution in the market today that delivers full hardware-level security with one-touch convenience for the end user. We're pleased that the editors at Red Herring also recognize this, distinguishing us from others in this exciting field." Red Herring's lists of private companies are an important part of the magazine's tradition of identifying new and innovative technology companies and entrepreneurs. Companies like Google and eBay were spotted in their early days by Red Herring editors as those that would change the way we live and work. Red Herring's editorial staff rigorously evaluated more than 900 private companies through a careful analysis of financial data and subjective criteria, including quality of management, execution of strategy, and dedication to research and development. Red Herring 100 companies will be presenting their business model and strategy at the Red Herring Spring conference. Red Herring Spring will take place May 17-19 at the Monterey Plaza Hotel in Monterey, California. About Red Herring Spring Red Herring Spring is an invitation-only event for CEOs, select senior executives, and Venture Capitalists. Themed 'The Dynamics of Disruptions', Red Herring Spring 2005 will bring together executives from mostly private companies. These executives will be joined by senior executives from public companies and Venture Capitalists. Please contact Sean Raman at 650.428.2900 or email sraman@redherring.com if you would like to request an invitation to Red Herring Spring. About Red Herring Red Herring is the weekly magazine technology entrepreneurs, investors and industry observers read to stay ahead of the curve and to be better informed about the global marketplace. Red Herring covers technology, innovation, financial strategies, important personalities and trends that are transforming the world of business with unique insight, opinion and forward-looking analysis. Readers turn to Red Herring for knowledge to make strategic decisions, build companies and create a competitive advantage for their businesses. Red Herring articles, blogs, research and event information can be found online at www.redherring.com. About UPEK Headquartered near Berkeley, California, UPEK, Inc. is a privately-held biometric fingerprint solutions company launched as a venture-backed spin-off from STMicroelectronics in 2004. The silicon fingerprint modules offered by UPEK under the TouchChip® brand have been shipping in volume since 1999 and have been integrated into a variety of commercial applications. UPEK offers the full range of capabilities needed to deliver end-to-end solutions that make security convenient and easy to use, including silicon fingerprint sensors, biometric algorithms, companion processors, and application software. For more information, visit www.UPEK.com For more information contact: Lisa Kennedy All trademarks and registered trademarks are the property of their respective owners. |
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Berkeley,
May 11, 2005 - UPEK®, Inc. today announced that it has been named
one of the Red Herring 100 Private Companies of North America.