REDWOOD SHORES, Calif. and PALM HARBOR, Fla., Dec. 2 /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 and Docubase Systems Inc. ("Docubase"), a leading International Electronic Document Management (EDM) software provider announced today that they have entered an agreement to provide their products and services as an integrated solution for the financial services, government and healthcare industries.
Under the terms of the agreement CIC will provide its industry proven electronic signature technology for Docubase's document management software suite. CIC's comprehensive product suite of software tools, shrink-wrapped solutions and server technologies address the stringent international requirements of the countries in which Docubase operates. The flexibility and open architecture of CIC's products enable a rapid and seamless integration into these systems and fully supports customization by Docubase for its customers.
"Docubase chose CIC because of its market leadership, best practice solutions, widespread industry adoption and its ability to provide a common eSignature process and methodology that meets the legal, information security and compliance standards of large enterprise customers," stated Dane Clarke, US Sales/Business Development Manager of Docubase. "This combined offering enables us to offer electronic signature capabilities to our customers, allowing them to operate more efficiently at lower cost of operations while eliminating the storage of paper based documents containing signatures."
"As electronic workflows are rapidly becoming wide-spread, electronic signatures play a crucial role in automating the more cost intensive, final stage processing of paper documents," stated Guido DiGregorio, CIC's Chairman & CEO. "Through the partnership with Docubase, we are able to extend their industry proven solutions with our technologies to enable truly paperless business processes while expanding our market coverage to a new base of global customers."
About Docubase Systems, Inc.
Docubase Systems, Inc. is a leading provider of Electronic Document Management Systems (EDMS), worldwide. Well suited to address the needs of small, medium or large commercial and government organizations, the Docubase architecture is designed for scalability and matching the growth of a business from stand-alone systems to enterprise-wide configurations. Docubase is available as either a turn-key in-house solution or complete Software as a Service (SaaS) giving customers the solution that is best suited for them. Docubase Systems has over 3,000 customers Worldwide in every business sector. For more information, please visit our website at http://www.docubase.net.
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®" with multiple signature technologies across virtually all applications in SaaS and fully deployed delivery models.
Industry leaders such as AGLA, Allstate, American Family, Charles Schwab, Prudential, Snap-on Credit, Travelers, Wachovia, Wells Fargo and WFG (World Financial Group) chose CIC's products to meet their needs. CIC has deployments with over 400 channel partners and enterprises worldwide representing hundreds of thousands 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
*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.
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.
Contact Information CIC Investor Relations & Media Inquiries: Chantal Eshghipour 650-802-7740 firstname.lastname@example.org Docubase Systems, Inc. Media inquiries: Dane Clarke 727-723-1484 ext. 7201 DClarke@Docubase.net
SOURCE Communication Intelligence Corporation
|SOURCE Communication Intelligence Corporation|
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