REDWOOD SHORES, Calif., Sept. 9, 2013 (GLOBE NEWSWIRE) -- Communication Intelligence Corporation ("CIC") (OTCQB:CICI), a leading supplier of electronic signature solutions, today announced that a financial services leader with over a trillion dollars under management, integrated the electronic signature capabilities of CIC's iSign® Now with its annuity sales technology platform.
"We are seeing an increased demand from our enterprise-level clients for greater flexibility in capturing secure signatures," said Katherine Dease, vice president of product management for CIC. " iSign® Now was developed to meet the specific requirements of the leading companies in the financial services sector. Agents can now select between remote and face-to-face signature ceremonies in real time from a newly developed portal. As an example, an insurance policy application that was set-up for a face-to-face signature ceremony can now easily be converted to a remote click-to-sign esignature. The portal allows for changes to be made on a signatory-by-signatory basis and at any time prior to an individual's signature capture. This flexibility is a huge asset to agents. The financial services leader that was first to deploy this innovative solution has provided positive feedback indicating that they are witnessing an immediate uptick in signature package approvals and are anticipating further increases as agents experience the ease of collecting signatures on their annuity sales platform."
"With this high profile implementation, CIC is continuing its leadership in Tier One financial services where bulletproof esignature solutions are required for providing complete straight-through processing," said Robert Williams, vice president sales for CIC. "Esignatures represent a faster, easier and much more cost-effective alternative for agents and the back-office to close transactions. With iSign® Now and its flexible signing options, our clients' sales cycles become even faster by offering the ability to match signature methods to their customers' individual situations, whether in person or remotely. All other elements of our market leading esignature solutions remain unchanged; from our high security approach and detailed audit trail, to our flexible deployment methods and add-on functionality.
Each year, top financial service companies process hundreds of millions of esignatures and save millions of dollars using CIC solutions. Parties interested in trying iSign® Now and learning about CIC's leading esignature solutions should visit our booth at the upcoming Insured Retirement Institute's Vision: Annual Meeting 2013 (September 22 – 24; Chicago, IL; booth #7).
About CIC
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 and iSign® are registered trademarks of CIC.
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.
CIC Investor Relations & Media Inquiries: Andrea Goren +1.650.802.7723
