Message to Shareholders REDWOOD SHORES, Calif., May 20
REDWOOD SHORES, Calif., May 20 /PRNewswire-FirstCall/ -- 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 a message from its Chairman & CEO, Guido
DiGregorio to its shareholders.
We are all aware that companies are increasingly being asked to develop
Green initiatives and implement Green strategies. As more people are
awakening to the reality that everything they do has some immediate or
downstream impact upon the Earth's environment, they are feeling a sense of
compelling urgency to do something that will have a positive impact.
The concern and desire to take action has prompted many businesses to
actively pursue a leading role in curbing practices that contribute to energy
consumption and global climate change. Financial institutions, the primarily
focus of our sales efforts, are among the largest consumers of paper and the
attendant postal and delivery services. Many firms in the financial industry
are now focused on being proactive in promoting Green strategies.
We are proud that CIC's technology directly promotes and supports
environmentally sustainable business practices. CIC solutions positively
impact the global environment by significantly decreasing paper consumption
thereby significantly reducing the impact on forests. This in turn decreases
the need for transporting timber and the paper documents thereby reducing both
demands on energy and emissions. Further, through electronic processing our
technology significantly reduces energy consuming manual processes. Based on
the technology we enable, CIC and our customers are perfect "Green Technology
Poster Companies." CIC has deployments with over 400 enterprises and channel
partners worldwide representing tens of thousands of end users, with over 500
million electronic signatures captured, eliminating well over a billion pieces
of paper.
Our primary objective has been, and continues to be, achieving sustained
earnings growth and increasing shareholder value by enabling the benefits of
truly paperless, secure business process automation through leadership in
electronic signature solutions. CIC's SignatureOne(R) & Sign-it(R) products
support multiple authentication and signature technologies within either
Software as a Service (SaaS) model or fully deployed model within the
enterprise infrastructure. Our successful deployments with leading financial
enterprises, our multimodal enterprise class electronic signature product
suite that addresses face-to-face, call center and web applications, together
with our co-destiny, integrated and non-competitive strategy with leading
solutions providers, we believe, has uniquely positioned CIC as the market
leader.
Let me close by saying that CIC's electronic signature solutions promote
sustainable environmentally friendly practices and that you are invested in a
company that promotes efficiencies on many levels. I believe that we, as
investors, are well positioned to benefit from increasing shareholder value
with a company that delivers significant ROI and also supports the right kind
of technology at the right time. It is a distinct advantage with increasing
leverage. And it currently is, and increasingly becoming, a source of
motivation and pride for both our employees and customers alike.
About CIC
Communication Intelligence Corporation ("CIC") is a leading supplier of
electronic signature solutions for business process automation in the
Financial Industry and the recognized leader in biometric signature
verification. CIC's products enable companies to achieve truly paperless work
flow in their eBusiness processes by enabling them with "The Power to Sign
Online(R)" with multiple signature technologies across virtually all
applications in SaaS and fully deployed delivery models.
Industry leaders such as AIG, Charles Schwab, Prudential, Nationwide (UK),
Snap-on Credit and Wells Fargo chose CIC's products to meet their needs. CIC
has deployments with over 400 channel partners and enterprises worldwide
representing tens of thousand of users, with over 500 million electronic
signatures captured, eliminating the need for over a billion pieces of paper.
CIC sells directly to enterprises and through system integrators, channel
partners and OEMs. CIC is headquartered in Redwood Shores, California and has
a joint venture, CICC, in Nanjing, China. For more information, please visit
our website at http://www.cic.com
Forward Looking Statement
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 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, its logo, SignatureOne, Sign-it and the Power to Sign Online are
registered trademarks. All other trademarks and registered trademarks are the
property of their respective holders.
Contact Information
CIC
Investor Relations Inquiries:
Chantal Eshghipour
650-802-7740
investorrelations@cic.com
SOURCE Communication Intelligence Corporation
