Wednesday, August 31, 2011

Mitek Systems to Ring The NASDAQ Stock Market Closing Bell on Sept. 7th


SAN DIEGOAug. 31, 2011 /PRNewswire/ -- Mitek Systems, Inc. (NASDAQ: MITK,www.miteksystems.com), the leader in mobile-imaging solutions, said today that President and CEO James DeBello will ring the closing bell at The NASDAQ Stock Market in Times Square inNew York on Wednesday, Sept. 7, and will speak the following day, Thursday, Sept 8 at the William Blair & Company's 5th Annual Emerging Growth Stock Conference.
DeBello is scheduled to present at the Blair Conference at the Intercontinental New York Barclay Hotel at 8:00 a.m. EDT onSept. 8. A live webcast of the presentation will be available online from the investor relations page of the Company's corporate website at www.miteksystems.com. After the live webcast, the presentation will be archived on the company's website.
Mitek's Mobile Deposit® is the leading mobile Remote Deposit Capture (RDC) application that allows users to deposit checks anywhere, anytime, simply by snapping photos of their paper checks with their camera-equipped smartphones.  The app, offered by six of the top 10 retail banks in the U.S., and more than 80 banks, credit unions, brokerages and payment facilitators in all, eliminates consumers' trips to bank branches or ATMs to deposit checks.  
Another Mitek innovation for mobile payments is Mobile Photo Bill Pay™, an application that also takes advantage of smartphone cameras and the company's patented image-analysis and data-extraction processes to enable customers to pay bills via their banking accounts.
The company continues to offer more products for the financial services industry as banks, credit unions and others experience the economies of using smartphone or tablet cameras as handheld scanning devices for remote capture of a wide range of documents.
About Mitek Systems
Over the past 25 years, Mitek Systems has established its technology as the 'gold standard' for check imaging and fraud detection.  Today, the company's patented extractive imaging technology transforms camera-equipped smartphones and tablets into mini document scanners with the ability to intelligently extract relevant data from a multitude of document types and formats.  That information can then be imported into a company's business processes and systems – powering a new generation of mobilized applications and consumer services to simplify peoples' lives and create unique competitive advantages for the companies that market to them.  
Mitek's mobile technology is now being used by most leading financial institutions for mobile check deposit.  
Building on its success with financial services organizations, Mitek is now working with other industries to utilize its patented extractive imaging technology to create unique solutions where consumers can take pictures of their banking, insurance or healthcare documents or statements and with a single snap automatically complete transactions, enroll in new services or receive competitive offers by using their online smartphone or tablet cameras.  
For more information about Mitek Systems, contact the company at 858-503-7810 or visit www.miteksystems.com.
Contact:
Bud Leedom
Finance Director
858.503.7810 x309
SOURCE Mitek Systems, Inc.

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