Communication Intelligence Corporation Reports Fourth Quarter and Fiscal 20... (res California and has a joint venture C...)

Communication Intelligence Corporation Reports Fourth Quarter and Fiscal 2008 Results

Date:3/20/2009

res, 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.

CIC's logo and The Power to Sign Online are registered trademarks of CIC. All other trademarks are properties of their respective owners.

COMMUNICATION INTELLIGENCE CORPORATION
Selected Consolidated Statements of Operations Information
(In thousands, except per share amounts)

Fourth Quarter Ended Year Ended
-------------------- ----------
12/31/08 12/31/07 12/31/08 12/31/07
-------- -------- -------- --------
(unaudited) (unaudited)

Revenue $843 $800 $2,401 $2,145

Total cost of sales 401 205 1,064 525

Gross profit 442 595 1,337 1,620

Total operating expenses 806 1,037 3,581 3,813

Operating loss (364) (442) (2,244) (2,193)

Other income (expenses) 27 32 72 47

Interest expense, including
amortization of loan
discount, deferred
financing costs and
accretion
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SOURCE Communication Intelligence Corporation
Copyright©2009 PR Newswire.
All rights reserved
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