Press Releases

UPEK appoints Gary Martell Chief Financial Officer

Gary MartellBerkeley, CAApril 12, 2006 – UPEK, Inc., the leading supplier of fingerprint authentication solutions, today announced that Gary Martell has joined the company as chief financial officer. Martell brings more than twenty years of experience in finance and operations to the role and will be responsible for leading the company’s finance and administrative functions as UPEK targets its next phase of growth.

Martell was most recently chief financial officer at Orbital Data, Inc., where he set up the initial infrastructure for their Finance, Operations, HR, IT and Customer Support departments. Prior to Orbital Data, Martell was chief operating officer at Cobalt Networks, where he helped the company triple revenues, led the company through its initial public offering and later the sale of Cobalt to Sun Microsystems in 2001, subsequently joining Sun as vice president of network storage operations. Martell spent the ten years prior to Cobalt at Wyse Technology, where he became the company’s chief financial officer and vice president of operations, ultimately taking the company public.

“Attracting a chief financial officer with Gary’s finance and operational experience is a very exciting achievement in the evolution of our growing company,” said Alan Kramer, chief executive officer of UPEK. “Gary’s experience in scaling operations will be an enormous asset as UPEK continues to successfully address the challenges associated with the level of growth we’ve been experiencing since the formation of the company only two years ago.”

“I am excited to be joining UPEK at a time when they are preparing for the next phase of their evolution,” said Martell. “Delivering proven biometric solutions to a growing list of world-class customers including IBM/Lenovo, Sony, Toshiba, Dell, NEC, SanDisk and others has propelled UPEK to the forefront of the fast-growing market for fingerprint authentication. I am confident that my background will help the company achieve the scale needed to address an ever-widening range of customers and applications in this exciting new market.”

UPEK’s legacy of technology innovation and leadership spans ten years and includes development of one of the first commercially viable silicon-based biometric sensors; the first end-to-end biometric subsystem, performing all biometric processes in a secure hardware architecture; and the only complete solution for the PC market, which has been adopted by four of the top five notebook PC manufacturers.

About UPEK, Inc.

UPEK, Inc., the global leader in biometric fingerprint security solutions, offers integrated end-to-end solutions including comprehensive design & integration services to the world’s leading consumer and industrial products companies. UPEK solutions enable the strongest fingerprint authentication security available, packaged for high user convenience and rapid integration into existing products and network architectures.  The company has been pioneering biometric fingerprint technology since 1996 and shipping product in volume since 1999.  UPEK is headquartered near Berkeley, California, with offices in Prague, Singapore, Taipei and Tokyo. For more information, please visit www.upek.com

Contact:

Steve Hahm
+1.510.420.2630
steve.hahm@upek.com

Nicole Colwell
Citigate Cunningham for UPEK, Inc.
+1.415.618.8732
ncolwell@citigatecunningham.com

UPEK and the UPEK logo are trademarks or registered trademarks of UPEK, Inc. in the United States and other countries. All other trade marks and names are the property of their respective owners.

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