Communication Intelligence Corporation ("CIC") (OTC Bulletin Board: CICI), a leading supplier of electronic signature solutions for business process automation in the financial industry* and the recognized leader** in biometric signature verification announced today that a top-three U.S. bank will deploy CIC electronic signature technology in a branch-wide rollout including several thousand recently acquired branches.
"We are, of course, delighted with the significant order related to this deployment but more importantly this win reflects, we believe, the continuing evidence of CIC's leadership as the 'vendor of choice' for financial industry applications," stated CIC's Chairman & CEO, Guido DiGregorio. "This order together with three recent successive wins with top tier insurance companies provides, we believe, clear evidence that in both insurance and banking applications, when leading financial industry firms engage in a thorough competitive analysis, including product differentiation, legal/compliance competence, overall support, on-time delivery and proven installed base reliability, CIC has emerged as the preferred supplier. And, we intend to maintain that leadership position."
*In December 2008, CIC was named to Forrester Research's "Hot Banking Tech Companies To Watch in 2009" Report.
**In October 2007, CIC was awarded the 2007 Global Frost & Sullivan Award for Market Leadership in the dynamic signature verification market.