Leading Financial Services Organization Adds Value By Deploying CIC’s iSign® Mobile
Redwood Shores, CA, October 16, 2012 – Communication Intelligence Corporation (“CIC” or the “Company”) (OTCQB: CICI), a leading supplier of electronic signature solutions and the recognized leader in biometric signature verification, today announced that a leading North American financial services marketing organization that offers a broad array of financial products and services has added CIC’s iSign® Mobile capabilities to extend the reach of its life insurance sales electronic platform.
iSign® Mobile allows the use of smartphones and tablets for collection of electronic signatures supporting a streamlined and efficient sales process. With this mobile signing capability, financial sales professionals and independent associates can work with clients to electronically sign life applications anywhere. All signed forms are electronically delivered to the client and the home office for further processing or filing.
“We are pleased to see another successful deployment of iSign® Mobile,” stated Robert Williams, CIC’s Vice President, Sales. “Our client’s sales force had been clamoring for a mobile solution. As a result of the market-ready CIC mobility solution, we have witnessed an immediate rise in our client’s server-based electronic signature transactions. Electronic signatures are now being collected by the firm’s field sales professionals on a variety of mobile devices in many locations.”
“This implementation of iSign® Mobile,” Williams added, “is consistent with CIC’s move to transaction driven recurring revenues. Many of our existing clients and prospects are preferring this business model over more traditional licensing arrangements and are also expanding the reach of their IT business tools to mobile environments.”
CIC enables companies to achieve truly paperless workflow in their electronic business processes by providing multiple signature technologies across virtually all applications. CIC’s solutions are available both in SaaS and on-premise delivery models and afford “straight-through-processing,” which can increase customer revenue by enhancing user experience and can also reduce costs through paperless and virtually error-free electronic transactions that can be completed significantly quicker than paper-based procedures. CIC is headquartered in Redwood Shores, California. For more information, please visit our website at http://www.cic.com. CIC’s logo and iSign® are registered trademarks of CIC.
Forward Looking Statements
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 containing the Company’s technology; (2) economic, business, market and competitive conditions in the software industry and technological innovations which could affect customer purchases of the Company’s solutions; (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.
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