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CIC to Host Webinar Featuring Independent Research Firm: 'Enabling Straight Through Processing - Why the Insurance Industry Needs Electronic Signature Technology'
Date:1/18/2009

REDWOOD SHORES, Calif., Jan. 14 /PRNewswire-FirstCall/ -- Communication Intelligence Corporation (OTC Bulletin Board: CICI) ("CIC"), a leading supplier of electronic signature solutions for business process automation in the financial industry* and the recognized leader** in biometric signature verification will be joined by guest Forrester Research, Inc, an independent technology and market research company that provides pragmatic and forward-thinking advice to global leaders in business and technology, in hosting a live webinar entitled "Enabling the Straight Through Processing - Why the Insurance Industry Needs Electronic Signature Technology" on February 11, 2009 at 1:00 pm EST.

The insurance industry is turning up the heat on their eBusiness strategies not only to reduce transaction costs but to forge closer relationships with their customers and agents. According to the September 2008 Forrester Research report "North American Insurance IT Spending in 2008," 49% of US insurance companies surveyed indicated that increasing or expanding their online presence and eCommerce capabilities was a critical or high priority for them. This shift to eBusiness is a fundamental change for the industry, since insurance is all about producing documents, whether the paper that document is "printed" on is real or virtual. Technologies, like electronic signature, figure prominently in successful eBusiness strategies since they accelerate the quote to revenue process while fostering better customer experiences.

The February 11 webinar will feature Ellen Carney, industry-leading Senior Analyst, Forrester Research, author of the research entitled "North American Insurance IT Spending in 2008" and Russ Davis, CIC's Chief Technology Officer.

Targeted to the Insurance Industry including US carriers, broker/dealers and agents seeking expert, practical advice this one hour webinar provides an overview of the challenges that the insurance industry is encountering in the transition to eBusiness, and how CIC's SignatureOne(R) Ceremony(R) solution shortens cycle time while reducing costs associated with paper, transport, and record storage. Topics covered include:

  • What's ahead for the US insurance industry in 2009
  • Four key factors are driving insurers to move to eBusiness
  • How electronic signatures play a key role in the insurance industry's eBusiness strategy

To enroll for the event please Register Here

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 AEGON, 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 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.

CIC, its logo, SignatureOne, Ceremony 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 & Media Inquiries:
    Chantal Eshghipour
    650-802-7740
    investorrelations@cic.com


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SOURCE Communication Intelligence Corporation
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