MELBOURNE, Fla.--([ BUSINESS WIRE ])--AuthenTec (NASDAQ:AUTH), the world's leading provider of smart fingerprint sensors and solutions, announced today that it is raising revenue guidance for the fourth quarter of 2009 from a range of between $7.5 million and $8.0 million, provided on November 4, 2009, to a new range of between $8.2 million and $8.4 million. The increase in revenue guidance is the result of stronger than expected sales to PC customers in the quarter.
AuthenTec will host a conference call to discuss its final fourth quarter 2009 financial results in mid February 2010.
Forward Looking Statements:
This press release contains statements that may relate to expected future results and business trends that are based upon AuthenTec's current estimate, expectations, and projections about the industry, and upon management's beliefs, and certain assumptions it has made that are "forward-looking statements" as defined in the Private Securities Litigation Reform Act of 1995. Any statements that refer to expectations, projections, or other characterizations of future events or circumstances, including any underlying assumptions, are "forward-looking statements." Such statements are not guarantees of future performance and are subject to certain risks, uncertainties, and assumptions that are difficult to predict. Therefore, the Company's actual results may differ materially and adversely from those expressed in any "forward-looking statement" as a result of various risk factors. Specific risk factors are described in AuthenTec's annual report on Form 10-K filed with the SEC on March 18, 2009. These "forward-looking statements" are made only as of the date hereof, and the Company undertakes no obligation to update or revise the "forward-looking statements," whether as a result of new information, future events or otherwise.
About AuthenTec
AuthenTec brings multiple touch-powered features including navigation, personalization, convenience and security to 50 million PCs and peripherals, cell phones and other products. The Company's newest generation of smart sensors, software and TrueSuite™ client applications give users secure one-touch access to their favorite websites, online social networks and digital identity. AuthenTec has the broadest product and patent portfolio in the industry today, and helps enable the Power of Touch® for millions of people at home, at work or on the move. For more information, visit [ www.authentec.com ] or follow us at [ twitter.com/authentecnews ].