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On
March 17th, 2004 STMicroelectronics announced that it has transfered the business,
personnel, and technology assets related to the TouchChip Business Unit,
to a new company called UPEK in a venture-backed spin-off
transaction.
STMicroelectronics is remaining the primary supplier of silicon and
components to UPEK and is a significant shareholder in the new company.
Read more about
spin-off of TouchChip business in the press release
All of the TouchChip-brand products which were promoted by
STMicroelectronics will continue to be promoted by UPEK. For
further information on the TouchChip products and UPEK Inc., visit
www.UPEK.com
About UPEK, Inc.
Headquartered in 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.

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