Business Services Industry
CIC to Demonstrate Electronic Signature Technology At 9th Annual Financial Technology Expo; Market Leader, CIC to Exhibit Biometric Signature Solutions for the Enterprise Market
Business Wire, Oct 2, 2000
Business Editors & High-Tech Writers
Financial Tech Expo 2000
REDWOOD SHORES, Calif.--(BUSINESS WIRE)--Oct. 2, 2000
(NASDAQ:CICI) Communication Intelligence Corporation ("CIC"), the leading supplier of natural input and electronic signature solutions, announced today that it will demonstrate several software offerings at the 9th Annual Financial Technology Expo, on October 3-5, 2000 at the Jacob K. Javits Convention Center in New York City.
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CIC is the pioneer and leader in biometric electronic signature technology. Almost a decade ago, CIC licensed its electronic signature technology to NCR Corporation for a point-of-sale application, the first of its kind. In 1996 CIC provided Chase Manhattan Bank with the technology for electronic submission and processing of mortgage loan pool applications for Ginnie Mae involving billions of dollars in transactions. Today CIC's suite of biometric signature products coupled with its multilingual handwriting recognition solutions enable enterprise applications utilizing a variety of input devices including digitizer tablets from Interlink and Wacom, PDAs from Palm, Inc. (NASDAQ:PALM), and Smartphones, such as the revolutionary new Ericsson R380 from Ericsson Mobile Communications AB (NASDAQ:ERICY).
"There is a great deal of confusion in the market as to the definition of digital and electronic signatures," said Jeff Sandler, Vice President Worldwide Sales for CIC. "Our products differentiate themselves from others because our products are based on biometrics, steeped in proven science. CIC's electronic signature software gives the enterprise the power of identifying the signature as unique to the individual who signs it which is critical in minimizing fraud and improving security. A person's electronic signature is derived from their normal handwriting not some new process or procedure. Many people consider other forms of biometric signatures like retinal scan and fingerprints to be invasive and are unwilling to use them. In addition, other digital signatures only manifest a signature in computer readable form leaving the door open to impersonation and misrepresentation."
About CIC
Communication Intelligence Corporation (CIC) is the leading supplier of natural input and electronic signature solutions for wireless Internet and e-Commerce applications. The Company's core software technologies include multilingual handwriting recognition systems, dynamic signature verification, natural messaging, and operating system extensions that enable pen input. CIC's products are designed to increase the ease of use, functionality, and security of wireless electronic devices ranging from handheld companions to cellular phones. Key licensees of the Company's technologies include Ericsson, Fujitsu, Hitachi, Mitsubishi, National Semiconductor and Symbian. CIC is headquartered in Redwood Shores, California and has a joint venture, CICC, in Nanjing, China. For more information, please visit our website at www.cic.com.
About Financial Technology 2000
Financial Technology Expo 2000 is produced by CMP Media, a wholly-owned subsidiary of United News & Media plc. CMP Media is a leading high-tech publisher and online provider of essential news, information, utilities, and E-commerce services for the builders (www.edtn.com), sellers (www.channelWeb.com) and users (www.techWeb.com) of information technology worldwide. CMP's online division features a vast array of products and services created exclusively for the Internet. A full list of offerings is available at www.cmpnet.com. For more information regarding the Financial Technology Expo, please call 212/615-2683 or e-mail mhearn@cmp.com.
Certain statements contained in this press release, including without limitation, statements containing the words "believes", "anticipates", "hopes", "intends", "expects", and other words of similar import, constitute "forward looking" statements within the meaning of the Private Litigation Reform Act of 1995. Such statements involve known and unknown risks, uncertainties and other factors, which may cause actual events to differ materially from expectations. Such factors include the following (1) technological, engineering, quality control or other circumstances which could delay the sale or shipment of products; (2) economic, business, market and competitive conditions in the software industry and technological innovations which could affect the Company's business; (3) the Company's inability to protect its trade secrets or other proprietary rights, operate without infringing upon the proprietary rights of others or prevent others from infringing on the proprietary rights of the Company; and (4) general economic and business conditions and the availability of sufficient financing.
CIC and, its logo are registered trademarks of Communication Intelligence Corporation. All other trademarks are properties of their respective owners.
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