SignatureOne® Ceremony™ and iSign® Certified by IRI
Redwood Shores, CA, April 25, 2013 – 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 reported that the Insured Retirement Institute (“IRI”) had granted the Company its E-Signature Certification.
The IRI E-Signature Certification provides verification that CIC is fully compliant with strict standards established by state and federal law (UETA and ESIGN), the Standards and Procedures for Electronic Records and Signatures (SPeRS) and IRI’s own Straight-Through Processing (“STP”) standards that include ACORD data and messaging standards, among others.
For the benefit of CIC’s insurance sector clients, this certification further validates that the Company’s esignature offering represents a robust and legally binding solution. The Company’s iSign® family of products and services, and its core signature engine, SignatureOne® Ceremony™, deliver a secure, flexible and scalable esignature solution, and electronic signatures that are sealed, tamper-evident and that can withstand scrutiny and repudiation attempts.
“CIC’s principal objective is to be the most trusted provider of electronic signatures, any time, any place and when proof of commitment really matters,” stated Robert Williams, CIC’s Vice President, Sales. “We are proud to have been granted IRI’s certification and to demonstrate our ongoing commitment to our clients. We have been enabling true STP for over 10 years and will continue to be a leader in the delivery of secure and legally binding signatures."
“IRI continues leading the way to address operational challenges in processing annuities and retirement strategies and products,” stated Cathy Weatherford, IRI’s President and Chief Executive Officer. “Our STP standards and related certifications were established to ensure that best practices are maintained as our industry keeps pace with innovative technologies like those offered by trusted partners like CIC. We congratulate CIC for its ongoing commitment to our stakeholders and to the maintenance of high and rigorous industry standards.”
“The insurance sector remains at the forefront of our efforts,” stated Katherine Dease, CIC’s Vice President, Product Management. “Each year, 6 of the top 10 insurance companies process hundreds of millions of esignatures and save millions of dollars using our solutions. With the support of partners like IRI, we plan on delivering similar ROI to a growing number of insurance focused enterprises. Interested parties should visit us at the upcoming IRI Operations & Technology Conference on May 19 – 21, 2013, in Kissimmee, Florida. I will be on the panel for the 1035 Exchange Processing breakout session and my colleague, Brett Mendenhall, Director, Insurance Solutions, will be on the panel for the Mobile Revolution breakout session.”
CIC is a leading supplier of electronic signature products and the recognized leader in biometric signature verification. 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, iSign® SignatureOne® and Ceremony™ are registered trademarks of CIC.
About the Insured Retirement Institute
The Insured Retirement Institute (IRI) is a not-for-profit organization that for twenty years has been a mainstay of service, commitment and collaboration within the insured retirement industry. Today, IRI is considered to be the authoritative source of all things pertaining to annuities, insured retirement strategies and retirement planning. IRI proudly leads a national consumer education coalition of nearly twenty organizations and is the only association that represents the entire supply chain of insured retirement strategies. Our members are the major insurers, asset managers, broker-dealers/distributors, and 150,000 financial professionals. IRI exists to vigorously promote consumer confidence in the value and viability of insured retirement strategies, bringing together the interests of the industry, financial advisors and consumers under one umbrella. IRI's mission is to: encourage industry adherence to highest ethical principles; promote better understanding of the insured retirement value proposition; develop and promote best practice standards to improve value delivery; and advocate before public policy makers on critical issues affecting insured retirement strategies and the consumers that rely on their guarantees. Visit www.IRIonline.org today to experience the vast resources of the Insured Retirement Institute for yourself.
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.
|Andrea Goren||Andrew Simonelli|